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作者：Laussel, Didier; Resende, Joana
作者单位：Aix-Marseille Universite; Centre National de la Recherche Scientifique (CNRS); Universidade do Porto
摘要：This paper investigates duopoly competition when horizontally differentiated firms are able to make personalized product-price offers to returning customers, within a behavior-based discrimination model. In the second period, firms can profile old customers according to their preferences, selling them targeted products at personalized prices. Product-price personalization (PP) allows firms to retain all old customers, eliminating second-period customer poaching. The overall profit effects of P...
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作者：Jung, Sun-Moon; Shin, Jae Yong
作者单位：Dongguk University; Seoul National University (SNU)
摘要：We examine the effect of introducing an incentive plan based on social performance in a sample of 186 social mission-oriented firms in Korea. We find that the social performance of social enterprises (SEs) significantly improves over time after adoption of an incentive plan based on social performance, and that the incentive effect increases with managers' perceived measurability of social performance. Moreover, we document that social bonuses do not harm SEs' financial performance and that th...
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作者：Kim, Byungyeon; Koenigsberg, Oded; Ofek, Elie
作者单位：Harvard University; University of London; London Business School
摘要：Innovations embody novel features or cutting-edge components aimed at delivering desired customer benefits. Oftentimes, however, we observe the need to recall new products shortly after their introduction. Indeed, a firm may rush an innovation to market in an attempt to pre-empt rivals and capture early demand, yet in so doing forgo rigorous testing, thus subjecting itself to the risk of a product recall. To shed light on this phenomenon, we construct a dynamic game-theoretic model in which fi...
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作者：Ouyang, Huiyin; Argon, Nilay Tanik; Ziya, Serhan
作者单位：University of Hong Kong; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：For a queueing system with multiple customer types differing in service-time distributions and waiting costs, it is well known that the c mu-rule is optimal if costs for waiting are incurred linearly with time. In this paper, we seek to identify policies that minimize the long-run average cost under nonlinear waiting cost functions within the set of fixed priority policies that only use the type identities of customers independently of the system state. For a single-server queueing system with...
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作者：Li, Xiaolin; Ozer, Ozalp; Subramanian, Upender
作者单位：University of London; London School Economics & Political Science; Amazon.com; University of Texas System; University of Texas Dallas
摘要：Cheap-talk communication between parties with conflicting interests is common in many business and economic settings. Two distinct behavioral economics theories, the trust-embedded model and the level-k model, have emerged to explain how cheap talk works between human decision makers. The trust-embedded model considers that decision makers are motivated by nonpecuniary motives to be trusting and trustworthy. In contrast, the level-k model considers that decision makers are purely self-interest...
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作者：Penno, Mark
作者单位：University of Iowa
摘要：Informal tone at the top (TATT) is widely regarded as a fundamental ingredient of organizational control, yet because of its soft nature, the scholarship on TATT has not emphasized mathematical modeling. Observing that TATT refers to the example set by top management, I model TATT as, ceteris paribus, reflecting the expectation that the chief executive officer (CEO) will not divert organizational resources for personal benefit. The setting assumes that CEOs are randomly drawn from a labor pool...
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作者：Lu, Lauren Xiaoyuan; Lu, Susan Feng
作者单位：Dartmouth College; Purdue University System; Purdue University
摘要：In the past two decades, many nursing homes converted their ownership status from nonprofit to for-profit (NP-to-FP). These conversions have drawn public scrutiny and triggered a debate about the implications of ownership conversions on nursing home performance. Exploring a nationwide panel data set of U.S. nursing homes from 2006 to 2017, we observe that nursing homes with higher financial distress are associated with higher likelihood of NP-to-FP conversions. The postconversion operating mar...
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作者：Allon, Gad; Askalidis, Georgios; Berry, Randall; Immorlica, Nicole; Moon, Ken; Singh, Amandeep
作者单位：University of Pennsylvania; Northwestern University; Microsoft
摘要：Lean and agile models of product development organize the flexible capacity to rapidly update individual products in response to customer feedback. Although agile operations have been adopted across numerous industries, neither the benefits nor the factors explaining when firms choose to become agile are validated and understood. We study these questions using data on the development of mobile apps, which occurs through the dynamic release of new versions into the mobile app marketplace, and t...
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作者：Choudhary, Vivek; Shunko, Masha; Netessine, Serguei; Koo, Seongjoon
作者单位：Nanyang Technological University; University of Washington; University of Washington Seattle; University of Pennsylvania
摘要：Driving is an integral component of many operational systems, and any small improvement in driving quality can have a significant effect on accidents, traffic, pollution, and the economy in general. However, making improvements is challenging given the complexity and multidimensionality of driving as a task. In this paper, we investigate the effectiveness of nudging to improve driving performance. In particular, we leverage a smartphone application launched by our industry partners to send thr...
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作者：Anderson, Evan; Cheng, Ai-ru (Meg)
作者单位：Northern Illinois University
摘要：This paper proposes a Bayesian-averaging heterogeneous vector autoregressive portfolio choice strategy with many big models that outperforms existing methods out-of sample on numerous daily, weekly, and monthly datasets. The strategy assumes that excess returns are approximately determined by a time-varying regression with a large number of explanatory variables that are the sample means of past returns. Investors consider the possibility that every period there is a regime change by keeping t...
