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作者：Cong, Will; Harvey, Campbell; Rabetti, Daniel; Wu, Zong-Yu
作者单位：Cornell University; Fudan University; National Bureau of Economic Research; Duke University; National University of Singapore
摘要：The advent of cryptocurrencies and digital assets holds the promise of improving financial systems by offering cheap, quick, and secure transfer of value. However, it also opens up new payment channels for cybercrimes. Assembling a diverse set of public on- and off-chain, proprietary, and hand-collected data, including attacker-victim negotiations and dark web conversations in Russian, we present an initial anatomy of cryptoenabled cybercrimes, highlighting relevant economic issues and proposi...
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作者：Wang, Shuting; Greenwood, Brad N.
作者单位：City University of New York (CUNY) System; Baruch College (CUNY); George Mason University
摘要：Social media platforms aggressively compete for the participants who create content on their sites. In this study, we delve into one tactic of this competition that has become increasingly popular but received limited scholarly attention-the extension of length limits (i.e., the maximum number of characters in a post)-and how it affects both the production and consumption of social media posts. We investigate these questions by exploiting a natural experiment, the phased rollout of length limi...
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作者：Dai, Tinglong; Jerath, Kinshuk
作者单位：Johns Hopkins University; Columbia University
摘要：In this rejoinder, we address the concern about equilibrium existence in our previous work published in 2013. By making the simple adjustment of discretizing inventory ordering amounts to prevent inventory orders in arbitrarily small increments, we show that the results from that paper hold, thus maintaining the robustness of the insights obtained.
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作者：Yu, Peiwen; He, Haiyang; Lei, Lei
作者单位：Chongqing University
摘要：Many firms offer products that consist of a durable base good (e.g., a vehicle) and a durable add-on (e.g., autopilot software). Some lease the add-on, whereas others sell it through intertemporal price discrimination or bundled pricing. Motivated by these practices, we examine whether a monopolistic firm should lease or sell the add-on when offering both durables. The literature suggests that leasing is preferable for a single durable good as it avoids the time inconsistency problem associate...
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作者：Gaertner, Fabio B.; Hoopes, Jeffrey L.; Kelley, Stacie O.; Pflitsch, Max
作者单位：University of Wisconsin System; University of Wisconsin Madison; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; Dortmund University of Technology
摘要：The Inflation Reduction Act establishes a new 15% corporate minimum tax on the adjusted financial accounting income for large U.S. corporations. Although the minimum tax is estimated to raise $222 billion over 10 years, some fear firms will manipulate their accounting earnings to reduce their tax liabilities, resulting in less revenue raised. Using an event study, we examine the extent to which investors believe this tax will reduce firm value. We examine stock market reactions around key legi...
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作者：Simchi-Levi, David; Wang, Chonghuan; Zheng, Zeyu
作者单位：Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT); University of Texas System; University of Texas Dallas; University of California System; University of California Berkeley
摘要：Experimentation is increasingly used across domains such as healthcare and online platforms to inform decision making, with a central goal often being the estimation of the average treatment effect (ATE). However, in many real-world settings, treatment effects, or even the treatments themselves, evolve over time, making classical experimental designs, which assume stationarity, less effective or even misleading. This paper studies nonstationary experimental design under structured trends, addr...
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作者：Akchen, Irem; Misic, Velibor V.
作者单位：University of California System; University of California Los Angeles
摘要：The share-of-choice product design problem is to find the product, as defined by its attributes, that maximizes market share arising from a collection of customer types or segments. When customers follow a logit model of choice, the market share is given by a weighted sum of logistic probabilities, leading to the logit-based share-of-choice product design problem. In this paper, we develop a methodology for solving this problem to provable optimality. We first analyze the complexity of this pr...
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作者：Gu, Jane; Nistor, Cristina; Selove, Matthew
作者单位：University of Connecticut; Chapman University System; Chapman University
摘要：People sometimes enjoy the thrill of the hunt, which implies search can generate joy in addition to costs. Some customers say they enjoy searching for unique items such as vintage T-shirts and luxury handbags, and managers at warehouse stores, thrift stores, and many online selling platforms say they design their store format to offer a treasure hunt experience. We develop a model in which customers enjoy searching for a treasure. Our model's search utility function includes a term based on th...
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作者：Brahm, Francisco; Lafortune, Jeanne; Magelessen, Catherine; Tessada, Jose
作者单位：University of London; London Business School; Pontificia Universidad Catolica de Chile; Pontificia Universidad Catolica de Chile; University of South Carolina System; University of South Carolina Columbia; Pontificia Universidad Catolica de Chile; Pontificia Universidad Catolica de Chile
摘要：Many performance-enhancing workplace practices require collaboration between managers and workers for successful adoption. However, managers and workers often have diverging incentives and misunderstandings regarding what needs to be done, impeding collaboration. We conduct a field experiment involving 12,761 small- and medium-sized firms, encouraging collaboration between owners/managers and workers on workplace safety. We find that the treatment increases safety training and reduces the rate...
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作者：Yang, Wenxiao; Yao, Yunfei (Jesse); Zhou, Pengxiang (Shawn)
作者单位：University of California System; University of California Berkeley; Chinese University of Hong Kong; University of Southern California
摘要：Disinformation detection is becoming increasingly important and relevant because it is easier than ever to create and disseminate disinformation. How does detection ability affect the incentive to generate disinformation? Given the practical constraints of classification technology, how should a detector be designed? To answer these questions, this paper studies the problem where a sender strategically communicates his type to a receiver, and a lie detector generates a noisy signal on the trut...
