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作者：Kuenn, Steffen; Palacios, Juan; Pestel, Nico
作者单位：Maastricht University; IZA Institute Labor Economics; Maastricht University; Massachusetts Institute of Technology (MIT); Maastricht University; Leibniz Association; Ifo Institut
摘要：Decision making on the job is becoming increasingly important in the labor market, in which there is an unprecedented rise in demand for workers with problem-solving and critical-thinking skills. This paper investigates how indoor air quality affects the quality of strategic decision making based on data from official chess tournaments. Our main analysis relies on a unique data set linking the readings of air-quality monitors inside the tournament room to the quality of 30,000 moves, each of t...
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作者：Wang, Wen; Li, Beibei; Luo, Xueming; Wang, Xiaoyi
作者单位：University System of Maryland; University of Maryland College Park; Carnegie Mellon University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Zhejiang University
摘要：Deep reinforcement learning (DRL) has opened up many unprecedented opportunities in revolutionizing the digital marketing field. In this study, we designed a DRL-based personalized targeting strategy in a sequential setting. We show that the strategy is able to address three important challenges of sequential targeting: (1) forward looking (balancing between a firm's current revenue and future revenues), (2) earning while learning (maximizing profits while continuously learning through explora...
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作者：Liu, Xiaoping; Li, Xiao-Bai; Sarkar, Sumit
作者单位：Northeastern University; University of Massachusetts System; University of Massachusetts Lowell; University of Texas System; University of Texas Dallas
摘要：When acquiring consumer data for marketing or new business initiatives, it is important to decide what attributes or features of potential customers should be acquired. We study a new feature selection problem in the context of customer data acquisition in which different features have different acquisition costs. This feature selection problem is studied for linear regression and logistic regression. We formulate the feature selection and acquisition problems as nonlinear discrete optimizatio...
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作者：Li, Jin; Mukherjee, Arijit; Vasconcelos, Luis
作者单位：University of Hong Kong; Michigan State University; University of Technology Sydney; Universidade Nova de Lisboa
摘要：We present a novel explanation of why organizations tend to lose their agility over time despite their efforts to foster worker initiative in adapting to local information. Worker initiative ensures efficiency but requires strong incentives. When incentives are relational and the firm faces shocks to its credibility, it may adopt standardized work processes that ignore local information but yield satisfactory (though suboptimal) performance. The adoption of such standardized processes helps th...
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作者：Ko, Ga Young; Shin, Donghyuk; Auh, Seigyoung; Lee, Yeonjung; Han, Sang Pil
作者单位：University of Tennessee System; University of Tennessee Knoxville; Arizona State University; Arizona State University-Tempe; Arizona State University; Arizona State University-Downtown Phoenix; Arizona State University; Arizona State University-Tempe
摘要：Drawing on the notion of compensatory behavior, this paper studies how students compensate for learning loss during a pandemic and what role artificial intelligence (AI) plays in this regard. We further probe into a difference in compensatory behavior for learning loss in terms of quantity, pattern, and pace (i.e., tripartite aspect of learning behavior) of AI-powered learning app usage depending on the level of pandemic threat and the proximity of a goal to students. Results show that the pan...
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作者：Janakiraman, Ramkumar; Park, Eunho; Demirezen, Emre M.; Kumar, Subodha
作者单位：University of South Carolina System; University of South Carolina Columbia; California State University System; California State University Long Beach; State University System of Florida; University of Florida; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要：Health information exchanges (HIEs) are designed to improve the quality and efficiency of healthcare by facilitating improved information sharing between health entities. This study systematically examines the impact of HIE use in emergency departments (EDs) on the quality and efficiency of medical care. We focus on the length of stay (LOS) and the 30-day readmission rate to capture healthcare efficiency and quality, respectively. We also examine whether the breadth of patient health informati...
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作者：Mariotti, Thomas; Schweizer, Nikolaus; Szech, Nora; von Wangenheimg, Jonas
作者单位：Centre National de la Recherche Scientifique (CNRS); Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics; Centre for Economic Policy Research - UK; Leibniz Association; Ifo Institut; Tilburg University; Helmholtz Association; Karlsruhe Institute of Technology; University of Bonn
摘要：We study the optimal design of information nudges directed to present-biased consumers who make consumption decisions over time without exact prior knowledge of their long-term consequences. For any distribution of risks, there exists a consumer optimal information nudge that is of cutoff type, recommending abstinence if the risk is high enough. Depending on the distribution of risks, more or fewer consumers have to be sacrificed, as they cannot be credibly warned even though they would like t...
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作者：Shia, Peng
作者单位：University of Southern California
摘要：Online platforms that match customers with suitable service providers utilize a wide variety of matchmaking strategies; some create a searchable directory of one side of the market (i.e., Airbnb, Google Local Finder), some allow both sides of the market to search and initiate contact (i.e., Care.com, Upwork), and others implement centralized matching (i.e., Amazon Home Services, TaskRabbit). This paper compares these strategies in terms of their efficiency of matchmaking as proxied by the amou...
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作者：Bowen, Donald E., III; Fresard, Laurent; Hoberg, Gerard
作者单位：Lehigh University; Universita della Svizzera Italiana; Swiss Finance Institute (SFI); Universita della Svizzera Italiana; University of Southern California
摘要：This paper examines startups' positioning within technological cycles. We use patent text to measure whether innovation pertains to a technological area that is rapidly evolving or stable. We show that innovation in rapidly evolving areas (i.e., early in the cycle) substitute for existing technologies, whereas innovation in stable areas (i.e., later in the cycle) complement them. Our new measure is distinct from existing characterizations of innovation and is economically important. We find th...
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作者：Huynh, Thanh D.; Xia, Ying
作者单位：Monash University
摘要：This study uses disaggregated establishment-level data to identify a firm's exposure to physical climate risk and examines investors' reaction to natural disasters in both the U.S. corporate bond and stock markets. We find that, when a firm is exposed to disasters, investors overreact by depressing the current bond and stock prices, causing future returns to be higher. However, firms with a strong environmental profile experience lower selling pressure on their bonds and stocks, although their...
