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作者：Tinsley, Catherine H.; Dillon, Robin L.; Cronin, Matthew A.
作者单位：Georgetown University; George Mason University
摘要：In the aftermath of many natural and man-made disasters, people often wonder why those affected were underprepared, especially when the disaster was the result of known or regularly occurring hazards (e.g., hurricanes). We study one contributing factor: prior near-miss experiences. Near misses are events that have some nontrivial expectation of ending in disaster but, by chance, do not. We demonstrate that when near misses are interpreted as disasters that did not occur, people illegitimately ...
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作者：Haselhuhn, Michael P.; Pope, Devin G.; Schweitzer, Maurice E.; Fishman, Peter
作者单位：University of Wisconsin System; University of Wisconsin Milwaukee; University of Chicago; University of Pennsylvania; University of California System; University of California Berkeley
摘要：Personal experience matters. In a field setting with longitudinal data, we disentangle the effects of learning new information from the effects of personal experience. We demonstrate that experience with a fine, controlling for the effect of learning new information, significantly boosts future compliance. We also show that experience with a large fine boosts compliance more than experience with a small fine, but that the influence of experience with both large and small fines decays sharply o...
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作者：Bolton, Gary E.; Ockenfels, Axel; Thonemann, Ulrich W.
作者单位：University of Texas System; University of Texas Dallas; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; University of Cologne; University of Cologne
摘要：We compare how experienced procurement managers and students solve the newsvendor problem. We find that managers broadly exhibit the same kind of pull-to-center bias as students do. Also, managers use information and task training no better than students. The performance of managers is positively affected by the level of their education and their level in the organizational hierarchy. We discuss implications for theory and for how ordering might be improved in practice.
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作者：Hu, Zhaolin; Cao, Jing; Hong, L. Jeff
作者单位：Tongji University; Tsinghua University; Hong Kong University of Science & Technology
摘要：Integrated assessment models that combine geophysics and economics features are often used to evaluate compare global warming,policies. Because there are typically profound uncertainties in these models, a simulation approach is often used. This approach requires the distribution of the uncertain parameters clearly specified. However, this is typically impossible because there is often a significant amount of ambiguity (e.g., estimation error) in specifying the distribution. In this paper, we ...
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作者：Adams, Renee B.; Funk, Patricia
作者单位：University of New South Wales Sydney; Pompeu Fabra University
摘要：A large literature documents that women are different from men in their choices and preferences, but little is known about gender differences in the boardroom. If women must be like men to break the glass ceiling, we might expect gender differences to disappear among directors. Using a large survey of directors, we show that female and male directors differ systematically in their core values and risk attitudes, but in ways that differ from gender differences in the general population. These r...
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作者：Bang Dang Nguyen
作者单位：University of Cambridge
摘要：This paper investigates the impact of social ties on the effectiveness of boards of directors. When the chief executive officer (CEO) and a number of directors belong to the same social networks, the CEO is less likely to be dismissed for poor performance. The results are robust to different measures of performance and networks, and consistent after controlling for CEO ability and connected boards' superior information. Although being ousted is costly for all CEOs-who must then devote time to ...
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作者：Wan, Zhixi; Beil, Damian R.; Katok, Elena
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Michigan System; University of Michigan; University of Texas System; University of Texas Dallas
摘要：We study a procurement setting in which the buyer seeks a low price but will not allocate the contract to a supplier who has not passed qualification screening. Qualification screening is costly for the buyer, involving product tests, site visits, and interviews. In addition to a qualified incumbent supplier, the buyer has an entrant of unknown qualification. The buyer wishes to run a price-only, open-descending reverse auction between the incumbent and the entrant, and faces a strategic choic...
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作者：Chen, Long; Da, Zhi; Priestley, Richard
作者单位：Washington University (WUSTL); University of Notre Dame; BI Norwegian Business School
摘要：The relative predictability of returns and dividends is a central issue because it forms the paradigm to interpret asset price variation. A little studied question is how dividend smoothing, as a choice of corporate policy, affects predictability. We show that even if dividends are supposed to be predictable without smoothing, dividend smoothing can bury this predictability. Because aggregate dividends are dramatically more smoothed in the postwar period than before, the lack of dividend growt...
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作者：Vinhas, Alberto Sa; Heide, Jan B.; Jap, Sandy D.
作者单位：Washington State University; University of Wisconsin System; University of Wisconsin Madison; University of Melbourne; University of Cambridge; Emory University
摘要：Past research has shown how outcomes in interorganizational relationships are influenced by the characteristics of the individual relationship in question. Focusing on relationships between suppliers and their organizational buyers, we augment this perspective by positing that relationship outcomes are also influenced by social comparison processes involving perceptions of a supplier's practices across comparable buyer relationships. Based on past research on embedded ties and institutional th...
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作者：Allon, Gad; Hanany, Eran
作者单位：Northwestern University; Tel Aviv University
摘要：Although the norm in many retail banks is to serve customers on a first-come, first-served basis, some customers try to cut the line, usually by providing an excuse for their urgency. In other queues, however, this behavior is considered unacceptable and is aggressively banned. In all of these cases, customer exhibit strategies that have not yet been explored in the operations literature: they choose whether or not to cut the line and must also decide whether to accept or reject such intrusion...
