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作者:Gal-Or, Esther; Gal-Or, Mordechai; May, Jerrold H.; Spangler, William E.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Duquesne University
摘要:The personal video recorder (PVR) facilitates the use of targeted advertising by allowing companies to monitor television viewing behavior and to build demographic profiles of viewers from the data that are collected. Our research explores the extent to which an advertiser should allocate resources to increase the quality of its targeting. We present a game-theoretic model that extends the conventional measurement of targeting quality by exploring the trade-off between two measures: accuracy a...
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作者:Barry, EJ; Kemerer, CE; Slaughter, SA
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Carnegie Mellon University
摘要:Although product development research often focuses on activities prior to product launch, for long-lived, adaptable products like software, development can continue over the entire product life cycle. For managers of these products the challenges are to predict when and how much the products will change and to understand how their development decisions influence the timing and magnitude of future change activities. We develop a two-stage model that relates environmental volatility to product ...
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作者:Eckhardt, JT; Shane, S; Delmar, F
作者单位:University of Wisconsin System; University of Wisconsin Madison; University System of Ohio; Case Western Reserve University; emlyon business school
摘要:Using a random sample of 221 new Swedish ventures initiated in 1998, we examine why some new ventures are more likely than others to successfully be awarded capital from external sources. We examine venture financing as a staged selection process in which two sequential selection events systematically winnow the population of ventures and influence which ventures receive financing. For a venture to receive external financing its founders must first select it as a candidate for external funding...
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作者:Shah, Sonali K.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign
摘要:Open source software projects rely on the voluntary efforts of thousands of software developers, yet we know little about why developers choose to participate in this collective development process. This paper inductively derives a framework for understanding participation from the perspective of the individual software developer based on data from two software communities with different governance structures. In both communities, a need for software-related improvements drives initial partici...
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作者:Gurnani, Haresh; Shi, Mengze
作者单位:University of Miami; University of Toronto
摘要:We consider the case of a first-time interaction between a buyer and a supplier who is unreliable in delivery The supplier declares her estimate of the ability to meet the order obligations, but the buyer may have a different estimate, which may be higher or lower than the supplier's estimate. We derive the Nash bargaining solution and discuss the role of using a down-payment or nondelivery penalty in the contract. For the case of buyer overtrust, the down-payment contract maximizes channel pr...
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作者:Simester, Duncan I.; Sun, Peng; Tsitsiklis, John N.
作者单位:Massachusetts Institute of Technology (MIT); Duke University; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要:Deciding who should receive a mail-order catalog is among the most important decisions that mail-order-catalog firms must address. In practice, the current approach to the problem is invariably myopic: firms send catalogs to customers who they think are most likely to order from that catalog. In doing so, the firms overlook the long-run implications of these decisions. For example, it may be profitable to mail to customers who are unlikely to order immediately if sending the current catalog in...
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作者:Laprise, SB; Fu, MC; Marcus, SI; Lim, AEB; Zhang, HJ
作者单位:Bae Systems; University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland College Park; University of California System; University of California Berkeley
摘要:We present a new approach to pricing American-style derivatives that is applicable to any Markovian setting (i.e., not limited to geometric Brownian motion) for which European call-option prices are readily available. By approximating the value function with an appropriately chosen interpolation function, the pricing of an American-style derivative with arbitrary payoff function is converted to the pricing of a portfolio of European call options, leading to analytical expressions for those cas...
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作者:Bernstein, Fernando; Chen, Fangruo; Federgruen, Awi
作者单位:Duke University; Columbia University
摘要:We characterize supply chain settings in-which perfect coordination can be achieved with simple wholesale pricing schemes: either retailer-specific constant unit wholesale prices or retailer-specific volume discount schemes. We confine ourselves to two-echelon supply chains with a single supplier servicing a network of retailers who compete with each other by selecting sales quantities. We identify a key sufficient condition, in terms of interdependencies between chain members' operational dec...
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作者:Christoffersen, Peter F.; Diebold, Francis X.
作者单位:McGill University; Universite de Montreal; University of Pennsylvania; National Bureau of Economic Research
摘要:We consider three sets of phenomena that feature prominently in the financial economics literature: (1) conditional mean dependence (or lack thereof) in asset returns, (2) dependence (and hence forecastability) in asset return signs, and (3) dependence (and hence forecastability) in asset return volatilities. We show that they are very much interrelated and explore the relationships in detail. Among other things, we show that (1) volatility dependence produces sign dependence, so long as expec...
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作者:Shane, S
作者单位:University System of Ohio; Case Western Reserve University
摘要:This article is an introduction to the focused issue on entrepreneurship. It provides motivation for greater scholarly investigation of the phenomenon of entrepreneurship, explains the evolution of the focused issue, offers an overview of the seven papers in the issue, and offers the editor's thoughts on the relationship of the papers in the focused issue to research on entrepreneurship in general.