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作者：Yu, Yifan; Xue, Wendao; Jia, Lin; Tan, Yong
作者单位：University of Texas System; University of Texas Austin; Beijing Institute of Technology; Beijing Institute of Technology; University of Washington; University of Washington Seattle
摘要：When organizations adopt artificial intelligence (AI) to recognize individuals' negative emotions and accordingly allocate limited resources, strategic users are incentivized to game the system by misrepresenting their emotions. The value of AI in automating such emotion-driven allocation may be undermined by gaming behavior, algorithmic noise in emotion detection, and the spillover effect of negative emotions. We develop a gametheoretical model to understand emotion AI adoption, particularly ...
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作者：Hakimov, Rustamdjan; Raghavan, Madhav
作者单位：University of Lausanne
摘要：Students participating in centralized admissions procedures do not typically have access to the information used to determine their matched school, such as other students' preferences or school priorities. This can lead to doubts about whether their matches were computed correctly (the verifiability problem) or, at a deeper level, whether the promised admissions procedure was even used (the transparency problem). In a model that spans many popular applications, we show how these problems can b...
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作者：Grad, Tom; Riedl, Christoph; Kilduff, Gavin J.
作者单位：Copenhagen Business School; Northeastern University; New York University
摘要：Existing rivalry research finds that people try harder and perform better when competing against their rivals. However, are there conditions under which rivalry can harm performance? We integrate rivalry theory with regulatory fit theory to propose two moderators of rivalry: individual skill and situational risk for status change. We test our predictions using data from software programming contests involving more than 4.6 million competitive encounters across 16,846 software developers (coder...
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作者：Berrada, Tony; Detemple, Jerome; Rindisbacher, Marcel
作者单位：University of Geneva; University of Geneva; Boston University
摘要：We examine the impact of COVID-19 on market volatility in an equilibrium framework. The model combines beliefs-dependent preferences for economic dynamics and a stochastic Susceptible-Exposed-Infectious-Recovered-Deceased (SEIRD) model with unpredictable birth/vaccine events and mitigating policies for disease propagation. The estimated model explains the realized trajectories of the S&P 500 volatility and number of new cases and identifies the source and composition of the volatility spike wh...
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作者：Van Landuyt, Ben W.; White, Brian J.
作者单位：University of Arizona; Cornell University
摘要：Financial statement preparers frequently trade off the benefit of reporting biased estimates with potential penalties for misreporting. In making this trade-off, preparers often face uncertainty about potential changes to accounting standards (standard-setting uncertainty) that could affect the future benefits of biased reporting. Our experiment documents two novel behavioral effects of standard-setting uncertainty on preparers' estimates. First, standardsetting uncertainty causes preparers to...
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作者：Chen, Yi; Dong, Jing; Wang, Zhaoran; Zhang, Chuheng
作者单位：Hong Kong University of Science & Technology; Columbia University; Northwestern University; Microsoft; Microsoft China
摘要：In many operations management problems, we need to make decisions sequentially to minimize the cost, satisfying certain constraints. One modeling approach to such problems is the constrained Markov decision process (CMDP). In this work, we develop a data-driven primal-dual algorithm to solve CMDPs. Our approach alternatively applies regularized policy iteration to improve the policy and subgradient ascent to maintain the constraints. Under mild regularity conditions, we show that the algorithm...
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作者：Hildebrandt, F. D.; Lesjak, Z.; Strauss, A.; Ulmera, M. W.
作者单位：Otto von Guericke University; WHU - Otto Beisheim School of Management
摘要：We show how integrated fleet and demand control can be effectively used to benefit all stakeholders in on-demand restaurant meal delivery. Fleet control-that is, the assignment of orders to couriers-is the main control mechanism to steer delivery operations. Another, mostly overlooked, control mechanism is demand control via display optimization-that is, the ordering of restaurants' display positions on the meal delivery platform. Based on historical customer interactions with a meal delivery ...
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作者：Hillert, Alexander; Niessen-Ruenzi, Alexandra; Ruenzi, Stefan
作者单位：Goethe University Frankfurt; University of Mannheim
摘要：Fund companies regularly send shareholder letters to their investors. We use textual analysis to investigate whether these letters' writing style influences fund flows and whether it predicts performance and investment styles. Fund investors react to the tone and content of shareholder letters: a less negative tone leads to higher net flows. Thus, fund companies can use shareholder letters as a tactical instrument to influence flows. However, at the same time, a dishonest communication that is...
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作者：Wang, Mengxin; Zhang, Heng; Rusmevichientong, Paat; Shen, Max
作者单位：University of Texas System; University of Texas Dallas; Arizona State University; Arizona State University-Tempe; University of Southern California; University of Hong Kong; University of Hong Kong
摘要：Revenue management decisions often involve both offline and online decisions. Offline decisions are made first and establish the broad and long-term operational context in which online decisions are frequently and repeatedly made, often in real time. We consider a joint optimization of offline and online decisions. Specifically, we examine a setting in which the offline decision concerns the selection of product-design characteristics (e.g., price, capacity, return eligibility, and other chara...
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作者：Deng, Yongheng; Wei, Shang-Jin
作者单位：University of Wisconsin System; University of Wisconsin Madison; Columbia University; National Bureau of Economic Research
摘要：We estimate the size of the likely unofficial income of the government official household by assessing the difference between the income necessary to explain their observed home purchase behavior and the official income. Using unique and comprehensive House Provident Fund and home purchases data between 2006 and 2013 in a large Chinese city, we reach three conclusions. First, an average official's unofficial income is 83% of her official income; this percentage increases sharply with the offic...
