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作者:Keskin, Burcu B.; Bott, Gregory J.; Freeman, Nickolas K.
作者单位:University of Alabama System; University of Alabama Tuscaloosa
摘要:Human trafficking, the exploitation of humans for monetary gain or benefit, is a widespread humanitarian issue that is typically sub-classified into labor and sex trafficking. In the last decade, sex traffickers have used online classified advertisements to advertise sexual services. Although these advertisements are visible to the general public and law enforcement, the volume of ads, the frequency with which their posting locale changes, and the use of obfuscation tactics make it difficult f...
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作者:Lorko, Matej; Servatka, Maros; Zhang, Le
作者单位:Macquarie University; University of Economics Bratislava
摘要:How to avoid project failures driven by overoptimistic schedules? Managers often attempt to mitigate the duration underestimation and improve the accuracy of project schedules by providing their planners with excessively detailed project specifications. While this traditional approach may be intuitive, solely providing more detailed information has proven to have a limited effect on eliminating behavioral biases. We experimentally test the effectiveness of providing detailed specification and ...
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作者:Tian, Zhili; Gurnani, Haresh; Xu, Yi
作者单位:Coastal Carolina University; Wake Forest University; University System of Maryland; University of Maryland College Park
摘要:The development of a new drug is costly and uncertain. As such, pharmaceutical firms often collaborate to develop new drugs. We examine the conditions under which firms should collaborate rather than compete in new drug development. We model the collaboration vs. competition decision problem for two firms using a game-theoretic model and derive the collaboration conditions. Our study demonstrates that development cost and uncertainties in drug treatment efficacy and safety and patient enrollme...
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作者:Wei, Xiahua; Fan, Ming; You, Weijia; Tan, Yong
作者单位:University of Washington; University of Washington Bothell; University of Washington; University of Washington Seattle; Beijing Forestry University
摘要:This study investigates the dynamic and differential effects of prefunding on reward-based crowdfunding markets plagued by information asymmetry. Prefunding, an innovative feature in crowdfunding, enables founders to share project information with potential backers before fundraising begins. By collecting and analyzing daily project-level panel data from one of the world's largest crowdfunding platforms, we found that projects with the prefunding feature were more likely to succeed in reaching...
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作者:Wei, Zaiyan; Xiao, Mo; Rong, Rong
作者单位:Purdue University System; Purdue University; University of Arizona; University of Massachusetts System; University of Massachusetts Amherst
摘要:Social media has been increasingly integrated into firm operations. Past literature documented the operational value of the content generated by social media users but paid little attention to the users' incentives to generate and share content. We fill in the gap by linking a user's social network to her content contribution. Specifically, we distinguish the role of the followee network (the group of people being followed by the user) from the role of the follower network. When a user follows...
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作者:Paciarotti, Claudia; Valiakhmetova, Inna
作者单位:Marche Polytechnic University
摘要:Humanitarian operations play a crucial role in alleviating human and social losses caused by natural disasters. The best way to know responders' preparedness and ability to conduct efficient and effective humanitarian operations is to perform an evaluation. When evaluating humanitarian operations, the focus is mainly on their outcomes while the option of concentrating on the process is only mentioned, without examining in-depth the subject nor providing specific tools for its analysis. This st...
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作者:Harikae, Seiji; Dyer, James S.; Wang, Tianyang
作者单位:University of Texas System; University of Texas Austin; Colorado State University System; Colorado State University Fort Collins
摘要:Motivated by the real-world challenges of real options evaluation faced by many companies when commodity prices exhibit dramatic volatility and project values can become negative, this study presents a framework for solving a multifactor real options problem by approximating the underlying stochastic process of project value with a generalized implied binomial tree. The proposed approach allows a flexible structure for stochastic processes with fat tail distributions, such as jump diffusion, r...
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作者:Ritchken, Peter; Wu, Qi
作者单位:University System of Ohio; Case Western Reserve University; University of Cape Town
摘要:Many manufacturing firms have become increasingly flexible in that they can rapidly idle and restart production in response to changing commodity prices. We study how operational flexibility alters both the timing and financing decisions in the firm. We perform this analysis in a dynamic model in which a firm has multiple debt issues and decisions are made to maximize shareholder value. We compare the decisions of a flexible firm, which can temporarily shut down to avoid operational losses, wi...
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作者:Morales, Sebastian; Thraves, Charles
作者单位:Universidad de Chile
摘要:In an election campaign, candidates must decide how to optimally allocate their efforts/resources optimally among the regions of a country. As a result, the outcome of the election will depend on the players' strategies and the voters' preferences. In this work, we present a zero-sum game where two candidates decide how to invest a fixed resource in a set of regions, while considering their sizes and biases. We explore the two voting systems, the Majority System (MS) and the Electoral College ...
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作者:Qiu, Liangfei; Hong, Yili (Kevin); Whinston, Andrew
作者单位:State University System of Florida; University of Florida; University of Houston System; University of Houston; University of Texas System; University of Texas Austin