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作者：Lee, Sunkee; Sosa, Manuel E.
作者单位：Carnegie Mellon University; INSEAD Business School
摘要：Companies are adopting unconventional workspaces-often characterized by bright or oddly colored walls, unique light fixtures, unusual office furniture, vibrant artwork, the display of atypical non-work-related objects, and casual and playful atmospheres-to foster creativity. Yet empirical evidence on the causal effect of such unconventional workspaces on creativity has been lacking. Across four experiments involving a total sample of 1,133 participants, we tested the effect of unconventional w...
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作者：Bonaparte, Yosef; Korniotis, George M.; Kumar, Alok; Michaelides, Alexander; Zhang, Yuxin
作者单位：Children's Hospital Colorado; University of Colorado System; University of Colorado Anschutz; University of Colorado Denver; University of Miami; Imperial College London; University of Nottingham Ningbo China
摘要：A significant portion of U.S. households enters and exits investment accounts. Empirically, income and wealth changes are related to these transitions, with income changes not affecting the retired. A life cycle model with participation costs cannot match the observed ownership dynamics, but an extension with stock market crash better fits the average participation rate and ownership transitions of the middle-aged and retired. This extended model does not match the ownership dynamics of the yo...
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作者：Hirshman, Samuel D.; Willen, Alexander
作者单位：Norwegian School of Economics (NHH)
摘要：We isolate the causal effect of changing the riskiness of choices on the gender gap in real world outcomes. We do so by exploiting a national reform to the regrade system of Norwegian universities that generated exogenous variation in the probabilities of the outcome of regrade requests. Using unique individual-level administrative data, we show that both the expected value of a regrade request, as well as the downside risk, increased substantially as a result of the policy. We then show how t...
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作者：Borgonovo, Emanuele; Figalli, Alessio; Plischke, Elmar; Savare, Giuseppe
作者单位：Bocconi University; Bocconi University; Swiss Federal Institutes of Technology Domain; ETH Zurich; TU Clausthal
摘要：We examine the construction of variable importance measures for multivariate responses using the theory of optimal transport. We start with the classical optimal transport formulation. We show that the resulting sensitivity indices are well-defined under input dependence, are equal to zero under statistical independence, and are maximal under fully functional dependence. Also, they satisfy a continuity property for information refinements. We show that the new indices encompass Wagner's varian...
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作者：Cappelen, Alexander W.; Meissner, Stefan; Tungodden, Bertil
作者单位：Norwegian School of Economics (NHH)
摘要：Consumers can sometimes be exploited because they make mistakes in their valuation of products. We present the results from a large-scale experimental study that examines whether third-party spectators from the general population in the United States cancel a voluntary deal where a buyer has made a mistake in the valuation of a product and agreed to pay more for the product than the seller knows it is worth. We find that the majority of the spectators cancel such deals, even when the seller's ...
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作者：Feng, Yiding; Niazadeh, Rad
作者单位：University of Chicago
摘要：In several applications of real-time matching of demand to supply in online marketplaces, the platform allows for some latency to batch the demand and improve the efficiency of the resulting matching. Motivated by these applications, we study the optimal trade-off between batching and inefficiency in the context of designing robust online allocations. As our base model, we consider K-stage variants of the classic vertexweighted bipartite b-matching in the adversarial setting, where online vert...
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作者：Lee, Yoojin; Ng, Shaphan; Shevlin, Terry; Venkat, Aruhn
作者单位：California State University System; California State University Long Beach; Singapore Management University; University of California System; University of California Irvine; University of Washington; University of Washington Seattle; University of Texas System; University of Texas Austin
摘要：In this study, we provide evidence on the effects of state tax whistleblower laws. We exploit a novel 2010 amendment to New York's False Claims Acts (FCA) that explicitly extended whistleblower incentives to corporate income tax whistleblowers. We identify treated firms (firms exposed to New York's FCA) using establishment-level data and descriptive analyses. Using a sample of firms exposed to New York and neighboring states, we find evidence that New York's FCA reduced state tax avoidance. In...
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作者：August, Terrence; Dao, Duy; Kim, Kihoon; Niculescu, Marius Florin
作者单位：University of California System; University of California San Diego; University of Calgary; Korea University; University System of Georgia; Georgia Institute of Technology
摘要：Cryptocurrencies have prompted a shift away from classic security attacks toward ransomware-based extortion. To better understand the impact of cryptocurrencies on the cybersecurity landscape, we conduct a comparative analysis of cybersecurity metrics prior to and after the adoption of cryptocurrency using a series of connected software-use models in the presence of security externalities. In this framework, we endogenize the actions of both heterogeneous consumers and attackers, with entry of...
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作者：Feng, Qi; Shanthikumar, J. George; Wu, Jian
作者单位：Purdue University System; Purdue University
摘要：We study the data-integrated newsvendor problem in which the random demand depends on a set of covariates. Observing from the solutions analyzed in the existing studies, we identify the equivariant class of operational statistics (i.e., the mapping from the demand and covariate data to the inventory decision) to develop the operational data analytics (ODA) framework for the contextual newsvendor problem. The equivariant property is intuitively appealing, and it is justified by the fact that, r...
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作者：Defond, Mark; Zhang, Jieying; Zhao, Yuping
作者单位：University of Southern California; University of Texas System; University of Texas Dallas; University of Houston System; University of Houston
摘要：Prior auditor shopping literature examines managers' attempts to opportunistically underreport negative news by finding auditors who will allow them to avoid negative audit opinions or underreport goodwill impairments or financial misstatements. We advance this literature by examining management attempts to opportunistically report positive news, as captured by income-increasing changes in accounting estimates. Adapting a previous framework, we find that, ex ante, managers are more (less) like...
