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作者：Chen, Yuxin; Yang, Sha; Zhao, Ying
作者单位：New York University; Hong Kong University of Science & Technology
摘要：In this paper, we develop a simultaneous model of consumer brand choice and negotiated price in the highly relevant marketing context of automobile transactions. Consumer brand choice is modeled as a multinomial probabilistic outcome, and the individual consumer-level transaction price is modeled to be consistent with the Nash bargaining solution. Our simultaneous model introduces a natural way to account for price endogeneity in a microlevel choice setting when the price paid is individual sp...
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作者：Eichner, Thomas
作者单位：University of Bielefeld
摘要：This paper transfers the concept of Gollier and Pratt's (Gollier, C., J. W. Pratt. 1996. Risk vulnerability and the tempering effect of background risk. Econometrica 64 1109-1123). risk vulnerability into mean variance preferences. Risk vulnerability is shown to be equivalent to the slope of the mean variance indifference curve being decreasing in mean and increasing in variance. Next, we introduce the notion of mean variance vulnerability to link the concepts of decreasing absolute disk avers...
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作者：Atlason, Julius; Epelman, Marina A.; Henderson, Shane G.
作者单位：University of Michigan System; University of Michigan; Cornell University
摘要：We consider the problem of minimizing staffing costs in an inbound call center, while maintaining an acceptable level of service in multiple time periods. The problem is complicated by the fact that staffing level in one time period can affect the service levels in. subsequent periods. Moreover, staff schedules typically take the form of shifts covering several periods. Interactions between staffing levels in different time periods, as well as the impact of shift requirements on the staffing l...
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作者：Verter, Vedat; Kara, Bahar Y.
作者单位：McGill University; Ihsan Dogramaci Bilkent University
摘要：The people living and working around the roads used for hazardous material (hazmat) shipments face the risk of suffering undesirable consequences of an accident. The main responsibility to mitigate the hazmat transport risk at a population zone belongs to the government agency with jurisdiction over that region. One of the common policy tools is to close certain road links to vehicles carrying hazmats. In effect, the road network available to dangerous goods carriers can be determined by the r...
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作者：Pieters, Rik; Wedel, Michel; Zhang, Jie
作者单位：Tilburg University; University System of Maryland; University of Maryland College Park
摘要：This study investigates consumers' attention to retail feature ads and proposes a method to optimize the design of the ads. Utilizing a large dataset of consumers' attention to over 1,100 individual feature ads collected with eye-tracking technology, we analyze the effects of the five key design elements of feature ads-brand, text, pictorial, price, and promotion-on consumers' attention to them. Attention is measured in terms of selection and gaze duration. We focus on the effects of the surfa...
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作者：Das, Sanjiv R.; Sundaram, Rangarajan K.
作者单位：Santa Clara University; New York University
摘要：We develop a model for pricing securities whose value may depend simultaneously on equity, interestrate, and default risks. The framework may also be used to extract probabilities of default (PD) functions from market data. Our approach is entirely based on observables such as equity prices and interest rates, rather than on unobservable processes such as firm value. The model stitches together in an arbitrage-free setting a constant elasticity of variance (CEV) equity model (to represent the ...
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作者：Oh, Wonseok; Jeon, Sangyong
作者单位：McGill University; McGill University; RIKEN; United States Department of Energy (DOE); Brookhaven National Laboratory
摘要：The aim of this paper is twofold: (1) to conceptually understand membership dynamics in the open source software (OSS) community, and (2) to explore how different network characteristics (i.e., network size and connectivity) influence the stability of an OSS network. Through the lens of Ising theory, which is widely accepted in physics, we investigate basic patterns of interaction and present fresh conceptual insight into dynamic and reciprocal relations among OSS community members. We also pe...
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作者：Pacheco-de-Almeida, Goncalo; Zemsky, Peter
作者单位：New York University; INSEAD Business School
摘要：We develop a formal model of the timing of resource development by competing firms. Our aim is to deepen and extend resource-level theorizing about sustainable competitive advantage. Our analysis formalizes the notion of barriers to imitation, particularly those based on time compression diseconomies where the faster a firm develops a resource, the greater the cost. Time compression diseconomies are derived from a micromodel of resource development with diminishing returns to effort. We use a ...
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作者：Desai, Preyas S.; Koenigsberg, Oded; Purohit, Devavrat
作者单位：Duke University; Columbia University
摘要：Firms often have to make their production decisions under conditions of demand uncertainty. This is especially true for product categories such as automobiles and technology goods where the lead time needed for manufacturing forces firms to make production decisions well in advance of the selling season. Once the firm has produced the goods, the available production volume affects the firm's subsequent marketing decisions. In this paper, we study the relationship between the firm's production ...
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作者：Ziedonis, Arvids A.
作者单位：University of Michigan System; University of Michigan
摘要：This paper examines the use of options contracts by firms acquiring rights to commercialize university technologies. By combining information about the sequence of licensing decisions with characteristics of the firms and technologies involved, I explore factors that shape decisions to purchase and exercise option contracts for these technologies. Decisions by firms that considered but did not purchase an option or a license are included in the sample. Consistent with the basic premise of real...
