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作者：Birge, John R.; Candogan, Ozan; Feng, Yiding
作者单位：University of Chicago; Microsoft
摘要：Data on population movements can be helpful in designing targeted policy responses to curb epidemic spread. However, it is not clear how to exactly leverage such data and how valuable they might be for the control of epidemics. To explore these questions, we study a spatial epidemic model that explicitly accounts for population movements and propose an optimization framework for obtaining targeted policies that restrict economic activity in different neighborhoods of a city at different levels...
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作者：Xu, Yan; Ni, Jian
作者单位：Virginia Polytechnic Institute & State University; Johns Hopkins University
摘要：Reward-based crowdfunding has enabled entrepreneurs to interact with consumers even before product launches. However, this market persistently suffers from a high failure rate; that is, entrepreneurs fail to launch and deliver their products as promised. We investigate the extent to which this high failure rate is because of information distortion-entrepreneurs have uncertainty about consumers' evaluation of the new products. We model the product launch decisions of different types of entrepre...
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作者：Bourveau, Thomas; Brochet, Francois; Garel, Alexandre
作者单位：Columbia University; Boston University; Audencia
摘要：We examine the consequences of a regulatory intervention aimed at generalizing tenure voting in French public companies. The 2014 Florange Act departs from the 'one share one vote' principle by automatically granting double-voting rights (DVR) to shares held for at least two years. However, firms can opt out through an annual meeting vote. We document three main findings. First, firms that adopt DVR by default experience a decrease in long-term foreign institutional ownership offset by an incr...
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作者：Zhang, Han; Aydin, Goker; Parker, Rodney P.
作者单位：Michigan State University; Michigan State University's Broad College of Business; Johns Hopkins University; Indiana University System; Indiana University Bloomington; IU Kelley School of Business
摘要：We study a buyer's problem of auditing suppliers within an existing network to ensure social responsibility compliance. The buyer suffers economic damages if a violation at a supplier is exposed (whether by the media, regulator, or nongovernmental organization). To avoid damages, the buyer may audit the network to identify noncompliance. If a supplier fails an audit, the buyer must take one of two costly actions: either rectify the supplier or drop the supplier (along with any dependent suppli...
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作者：Xu, Heng; Zhang, Nan
作者单位：American University
摘要：Over the past two decades, behavioral research in privacy has made considerable progress transitioning from acontextual studies to using contextualization as a powerful sensitizing device for illuminating the boundary conditions of privacy theories. Significant challenges and opportunities wait, however, on elevating and converging individually contextualized studies to a context-contingent theory that explicates the mechanisms through which contexts influence consumers' privacy concerns and t...
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作者：Hsu, Po-Hsuan; Lee, Hsiao-Hui; Zhou, Tong
作者单位：National Tsing Hua University; National Chengchi University; ShanghaiTech University
摘要：Patent thickets, a phenomenon of fragmented ownership of overlapping patent rights, hamper firms' commercialization of patents and thus deliver asset pricing implications. We show that firms with deeper patent thickets are involved in more patent litigations, launch fewer new products, and become less profitable in the future. These firms are also associated with lower subsequent stock returns, which can be explained by a conditional Capital Asset Pricing Model (CAPM) based on a general equili...
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作者：Houde, Sebastien
作者单位：Grenoble Ecole Management
摘要：Voluntary environmental certification programs have been a popular tool used by governments, industry groups, and nonprofit organizations alike. A central question in the design of such programs is who should pay for them. In a context where firms respond strategically to a certification, the answer to this question is a priori ambiguous and, ultimately, empirical. This paper provides important insights on this question using ENERGY STAR, a voluntary certification program for energy-efficient ...
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作者：Bian, Jiang; Greenberg, Jason; Li, Jizhen; Wang, Yanbo
作者单位：University of Hong Kong; University of Pennsylvania; Tsinghua University
摘要：There is often considerable anxiety and conflicting advice concerning the benefits of presenting/being evaluated first. We thus investigate how expert evaluators vary in their evaluations of entrepreneurial proposals based upon the order in which they are evaluated. Our research setting is a premiere innovation fund competition in Beijing, China, where the prize money at stake is economically meaningful, and evaluators are quasirandomly assigned to evaluate written grant proposals without the ...
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作者：Caro, Felipe; Colliard, Jean-Edouard; Katok, Elena; Ockenfels, Axel; Stier-Moses, Nicolas; Tucker, Catherine; Wu, D. J.
作者单位：University of California System; University of California Los Angeles; Hautes Etudes Commerciales (HEC) Paris; University of Texas System; University of Texas Dallas; University of Cologne; Massachusetts Institute of Technology (MIT); University System of Georgia; Georgia Institute of Technology
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作者：Mislavsky, Robert; Gaertig, Celia
作者单位：Johns Hopkins University; University of Chicago
摘要：How do we combine others' probability forecasts? Prior research has shown that when advisors provide numeric probability forecasts, people typically average them (i.e., they move closer to the average advisor's forecast). However, what if the advisors say that an event is likely or probable? In eight studies (n = 7,334), we find that people are more likely to act as if they count verbal probabilities (i.e., they move closer to certainty than any individual advisor's forecast) than they are to ...
