Management Science

最新文章

• Resource Allocation Among Competing Innovators AI翻译
  作者：Gao, Pin; Fan, Xiaoshuai; Huang, Yangguang; Chen, Ying-Ju
  作者单位：The Chinese University of Hong Kong, Shenzhen; Southern University of Science & Technology; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
  摘要：Many innovative products are designed to satisfy the demand of specific target consumers; thus, the innovators will inevitably compete with each other in the product market. We investigate how a profit-maximizing principal should properly allocate her limited resources to support the innovations of multiple potentially competing innovators. We find that, as the available resources increase, the optimal diversification of investment may first increase and then decrease. This interesting nonmono...
• Quality Regulation on Two-Sided Platforms: Exclusion, Subsidization, and First-Party Applications AI翻译
  作者：Huang, Peng; Lyu, Gaoyan; Xu, Yi
  作者单位：University System of Maryland; University of Maryland College Park; Beijing Institute of Technology
  摘要：Managing the quality of complementary applications is vital to the success of a two-sided platform. While prior research has focused solely on restricting platform access based on a quality threshold, we compare three quality regulation strategies: (1) the platform excludes access to low-quality complementors, (2) it provides a fixed amount of subsidy to high-quality complementors, and (3) it develops its own high-quality applications in addition to those from third-party complementors. Our an...
• History Matters: The Impact of Online Customer Reviews Across Product Generations AI翻译
  作者：Li, Linyi; Gopinath, Shyam; Carson, Stephen J.
  作者单位：Singapore Management University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Utah System of Higher Education; University of Utah
  摘要：We examine how online customer reviews for one generation of a product affect sales of another generation in the same product series. The main intriguing result is that previous generation valence has a positive impact on current generation sales; however, current generation valence has a negative impact on previous generation sales. The positive impact of previous generation valence becomes even stronger (1) as the uncertainty (standard deviation) in reviews for the current generation increas...
• Distributionally Robust Conditional Quantile Prediction with Fixed Design AI翻译
  作者：Qi, Meng; Cao, Ying; Shen, Zuo-Jun (Max)
  作者单位：University of California System; University of California Berkeley; University of California System; University of California Berkeley; University of Hong Kong; University of Hong Kong
  摘要：Conditional quantile prediction involves estimating/predicting the quantile of a response random variable conditioned on observed covariates. The existing literature assumes the availability of independent and identically distributed (i.i.d.) samples of both the covariates and the response variable. However, such an assumption often becomes restrictive in many real-world applications. By contrast, we consider a fixed-design setting of the covariates, under which neither the response variable n...
• Tax-Favored Stock Donations by Corporate Insiders and Consequences for Equity Markets AI翻译
  作者：Arya, Anil; Mittendorf, Brian; Ramanan, Ram N., V
  作者单位：University System of Ohio; Ohio State University; State University of New York (SUNY) System; Binghamton University, SUNY
  摘要：Although corporate insiders face substantial restrictions on stock sales, securing tax deductions through charitable donations of stock is viewed as an attractive alternative. Recent press coverage and growing empirical evidence confirm that insider donations occur frequently and often precede stock price drops. Securities regulators have also taken note, with a recent push for new rules to require rapid disclosure as with insider trades. This paper develops a model of informed stock trading w...
• A Robust Test of Prejudice for Discrimination Experiments AI翻译
  作者：Martin, Daniel; Marx, Philip
  作者单位：Northwestern University; Louisiana State University System; Louisiana State University
  摘要：A large experimental literature is devoted to studying discrimination. An important question for policymakers and firms is what drives the discrimination uncovered by those experiments. However, motivations are hard to determine when decision makers pay selective attention to information because their learning is private. We overcome this challenge by deriving conditions on average outcomes that reveal decision makers are prejudiced no matter what they learn about individuals in each demograph...
• The Wisdom of Model Crowds AI翻译
  作者：He, Lisheng; Analytis, Pantelis P.; Bhatia, Sudeep
  作者单位：Shanghai University; Shanghai International Studies University; University of Southern Denmark; University of Pennsylvania
  摘要：A wide body of empirical research has revealed the descriptive shortcomings of expected value and expected utility models of risky decision making. In response, numerous models have been advanced to predict and explain people???s choices between gambles. Although some of these models have had a great impact in the behavioral, social, and management sciences, there is little consensus about which model offers the best account of choice behavior. In this paper, we conduct a large-scale compariso...
• Doing Well by Doing Good: Improving Retail Store Performance with Responsible Scheduling Practices at the Gap, Inc. AI翻译
  作者：Kesavan, Saravanan; Lambert, Susan J.; Williams, Joan C.; Pendem, Pradeep K.
  作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of Chicago; University of California System; University of California San Francisco; University of Oregon
  摘要：We estimate the causal effects of responsible scheduling practices on store financial performance at the U.S. retailer Gap, Inc. The randomized field experiment evaluated a multicomponent intervention designed to improve dimensions of work schedules??? consistency, predictability, adequacy, and employee control???shown to foster employee well-being. The experiment was conducted in 28 stores in the San Francisco and Chicago metropolitan areas for nine months between November 2015 and August 201...
• Loss-Framed Incentives and Employee (Mis-)Behavior AI翻译
  作者：Czibor, Eszter; Hsu, Danny; Jimenez-Gomez, David; Neckermann, Susanne; Subasi, Burcu
  作者单位：University of Iceland; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; Universitat d'Alacant; University of Chicago
  摘要：This paper explores how loss-framed incentives affect behavior in a multitasking environment in which participants have more than one way of recovering (expected) losses. In a real-effort laboratory experiment, we offer participants task incentives that are framed as either a reward (gain) or penalty (loss). We study their responses along three dimensions: performance in the incentivized task, theft, and voluntary provision of help. We find that framing incentives as a penalty rather than as a...
• The Battle for Homes: How Does Home Sharing Disrupt Local Residential Markets? AI翻译
  作者：Chen, Wei; Wei, Zaiyan; Xie, Karen
  作者单位：University of Arizona; Purdue University System; Purdue University; University of Denver
  摘要：As cities debate how to regulate Airbnb and other home-sharing services, we study the impacts of home sharing on local residential real estate markets. By accommodating transient travelers with short-term rental properties, home-sharing platforms have evolved as a major alternative channel that attracts the growing supply of residential properties. However, on the demand side of local residential markets, home-sharing platforms are not a viable option for residents. To demonstrate this dynamic...