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作者：Meisner, Vincent
作者单位：Technical University of Berlin
摘要：Despite the truthful dominant strategy, participants in strategy-proof mecha-nisms submit manipulated preferences. In our model, participants dislike rejections and enjoy the confirmation from getting what they declare desirable. Formally, the payoff from a match decreases in its position in the submitted ranking such that a strategic trade-off between preference intensity and match probability arises. This trade-off can trigger the commonly observed self-selection strategies. We show that mis...
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作者：Park, Jiyong; Han, Kunsoo; Lee, Byungtae
作者单位：University of North Carolina; University of North Carolina Greensboro; McGill University; Korea Advanced Institute of Science & Technology (KAIST)
摘要：The rapid, widespread adoption of cloud computing over the last decade has sparked debates on its environmental impacts. Given that cloud computing alters the dynamics of energy consumption between service providers and users, a complete understanding of the environmental impacts of cloud computing requires an investigation of its impact on the user side, which can be weighed against its impact on the vendor side. Drawing on production theory and using a stochastic frontier analysis, this stud...
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作者：Zhang, Zelin; Yang, Kejia; Zhang, Jonathan Z.; Palmatier, Robert W.
作者单位：Renmin University of China; Colorado State University System; Colorado State University Fort Collins; University of Washington; University of Washington Seattle
摘要：Massive online text reviews can be a powerful market research tool for understanding consumer experiences and helping firms improve and innovate. This research exploits the rich semantic properties of text reviews and proposes a novel machine learning modeling framework that can reliably and efficiently extract consumer opinions and uncover potential interaction effects across these opinions, thereby identifying hidden and nuanced areas for product and service improvement beyond existingmodeli...
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作者：Witkowski, Jens; Freeman, Rupert; Vaughan, Jennifer Wortman; Pennock, David M.; Krausee, Andreas
作者单位：Frankfurt School Finance & Management; University of Virginia; Microsoft; Rutgers University System; Rutgers University New Brunswick; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：We initiate the study of incentive-compatible forecasting competitions in which multiple forecasters make predictions about one or more events and compete for a single prize. We have two objectives: (1) to incentivize forecasters to report truthfully and (2) to award the prize to the most accurate forecaster. Proper scoring rules incentivize truthful reporting if all forecasters are paid according to their scores. However, incentives become distorted if only the best-scoring forecaster wins a ...
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作者：Hsu, Po-Hsuan; Liang, Hao; Matos, Pedro
作者单位：National Tsing Hua University; Singapore Management University; European Corporate Governance Institute
摘要：In a 2010 special report, The Economist magazine termed the resurgence of stateowned, publicly listed enterprises Leviathan Inc. and criticized the poor governance and low efficiency of these firms. We compile a new comprehensive data set of state ownership of publicly listed firms in 44 countries over the period of 2004-2017 and show that state-owned enterprises are more responsive to environmental issues. The effect is more pronounced in economies lacking energy security and strong environme...
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作者：Mitra, Indrajit; Seo, Taeuk; Xu, Yu
作者单位：Federal Reserve System - USA; Federal Reserve Bank - Atlanta; University of Michigan System; University of Michigan; University of Delaware
摘要：We establish an observational equivalence between unemployment fluctuations of the Diamond-Mortensen-Pissarides search economy augmented with time varying risk premia and an otherwise identical economy without risk premia but with a time varying value of leisure. This equivalence holds for general risk premia processes and allows us to view the effects of different models of risk premia as operating through a single channel- one that alters the value of leisure. We derive simple expressions fo...
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作者：Holzmeister, Felix; Holmen, Martin; Kirchler, Michael; Stefan, Matthias; Wengstrom, Erik
作者单位：University of Innsbruck; University of Gothenburg; University of Innsbruck; Lund University; Hanken School of Economics
摘要：Based on an online experimentwith a sample of finance professionals and participants from the general population (acting as clients), we examine drivers and motives of clients' choices to delegate investment decisions to agents. We find that clients favor delegation to investment algorithms, followed by delegation to finance professionals compensated with an aligned incentive scheme, and lastly to finance professionals receiving a fixed payment for investing on behalf of others. We show that t...
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作者：Ertekin, Necati; Ding, Yuanyuan; Donohue, Karen
作者单位：University of Minnesota System; University of Minnesota Twin Cities
摘要：Retailers are increasingly selling returned products as open-box along with their new product offerings. Whereas some retailers position open-box products side-by-side with their new counterparts in the assortment (i.e., side-by-side strategy), other retailers position them separately in a different part of the retail space/website (i.e., separate strategy). We conduct multimethodology research to investigate the effectiveness of these two visual merchandising strategies. First, using a choice...
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作者：Qi, Wel; Zhang, Yuli; Zhang, Ningwei
作者单位：Tsinghua University; Beijing Institute of Technology
摘要：Battery swapping for electric vehicle refueling is reviving and thriving. Despite a captivating sustainable future where swapping batteries will be as convenient as refuel,ing gas today, a tension is mounting in practice (beyond the traditional range anxiety issue): On one hand, it is desirable to maximize battery proximity and availability to custo,mers. On the other hand, capacitated urban power grids may curb decentralized charging at a slow speed. To reconcile this tension, some cities are...
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作者：Li, Hanwei; Simchi-Levi, David; Wu, Michelle Xiao; Zhu, Weiming
作者单位：City University of Hong Kong; Massachusetts Institute of Technology (MIT); University of Hong Kong
摘要：Host-generated property images as a visual channel reveal substantial information about properties. Selecting proper images to display can lead to higher demand and increased rental revenue. In this paper, we define, estimate, and optimize the impacts of Airbnb photos on customers' renting decisions. We apply ResNet-50, a convolutional neural network model, to build two separate, supervised learning models to evaluate the image quality and room types posted by Airbnb hosts. Then, we characteri...
