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作者：Fang, Limin; Yang, Nathan
作者单位：University of British Columbia; Cornell University
摘要：This paper presents a novel decomposition approach for measuring deterrence motives in dynamic oligopoly games. Our approach yields a formalized, scale -free, and interpretable measure of deterrence motives that informs researchers about the proportion for which deterrence motives account of all entry motives. In addition, the decomposition leads to a set of conditions for counterfactual analysis where hypothetical scenarios with deterrence motives eliminated can be explored. We illustrate the...
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作者：Ifcher, John; Zarghamee, Homa
作者单位：Santa Clara University; Columbia University
摘要：We examine whether the gender gap in competitiveness in stereotypically male tasks persists when the decision to compete is made by someone else. In a within -subject laboratory experiment, decision makers make competition entry decisions for both themselves and a randomly selected other. Although we replicate the standard gender gap in decisions for oneself, we do not find a gender gap when the decision to compete is made by someone else. This is driven by men being significantly more willing...
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作者：Wu, Liuren; Tian, Meng
作者单位：City University of New York (CUNY) System; Baruch College (CUNY)
摘要：The stock option-implied volatility skew reflects both the structural risk characteristics of the underlying company and the short-term information flow about the stock price movement. This paper builds a semistructural, cross-sectional option pricing model to separate the structural risk contributions from the information flow. The model identifies two structural risk sources that contribute to the cross-sectional variation of the skew: the company's business cyclicality and its default risk....
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作者：Gong, Shiyang; Li, Qian; Su, Song; Zhang, Juanjuan
作者单位：Beijing Normal University; Beijing Foreign Studies University; Massachusetts Institute of Technology (MIT)
摘要：This paper presents one of the first marketing applications of molecular genetics. We report evidence that salespeople's genetic variants linked to educational attainment predict sales performance. Both genetics and selling effort contribute to sales performance, whereas genetics contribute more than personality traits. We further show that adaptive learning, as captured in salespeople's customer orientation and opportunity recognition skills, may explain the gene -sales relationship. We discu...
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作者：Garcia, Daniel; Tolvanen, Juha; Wagner, Alexander K.
作者单位：University of Vienna; University of Rome Tor Vergata; Salzburg University; University of Vienna
摘要：We study the interaction between algorithmic advice and human decisions using high -resolution hotel -room pricing data. We document that price setting frictions, arising from adjustment costs of human decision makers, induce a conflict of interest with the algorithmic advisor. A model of advice with costly price adjustments shows that, in equilibrium, algorithmic price recommendations are strategically biased and lead to suboptimal pricing by human decision makers. We quantify the losses from...
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作者：Bushong, Benjamin; Gagnon-Bartsch, Tristan
作者单位：Michigan State University; State University System of Florida; Florida State University
摘要：Using a real -effort experiment, we show that people project their current tastes onto others when forecasting others' behavior, even when their tastes are exogenously manipulated and transparently different. In the first part of our experiment, workers stated their willingness to continue working on a tedious task. We varied how many initial tasks workers completed before eliciting their willingness to work (WTW); some were relatively fresh when stating their WTW, whereas others were relative...
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作者：Boisseau-Sierra, Marion; Chu, Jenny; Rajgopal, Shiva
作者单位：University of Cambridge; Columbia University
摘要：This paper investigates the market consequences of sovereign accounting errors, opening a new area of research on sovereign accounting quality in the accounting literature. Eurostat, a division of the European Commission, provides semiannual assessments of financial reports produced by the member states of the European Union (EU) and issues reservations that detail financial reporting errors. Using a sample of Eurostat reservation issuances across 28 EU countries from 2004 to 2018, we find tha...
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作者：Fisar, Milos; Greiner, Ben; Huber, Christoph; Katok, Elena; Ozkes, Ali I.
作者单位：Masaryk University; Vienna University of Economics & Business; University of New South Wales Sydney; University of Texas System; University of Texas Dallas; SKEMA Business School; Universite Cote d'Azur
摘要：With the help of more than 700 reviewers, we assess the reproducibility of nearly 500 articles published in the journal Management Science before and after the introduction of a new Data and Code Disclosure policy in 2019. When considering only articles for which data accessibility and hardware and software requirements were not an obstacle for reviewers, the results of more than 95% of articles under the new disclosure policy could be fully or largely computationally reproduced. However, for ...
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作者：Benzell, Seth G.; Hersh, Jonathan; Van Alstyne, Marshall
作者单位：Chapman University System; Chapman University; Massachusetts Institute of Technology (MIT); Boston University
摘要：Traditional asset management strategy has emphasized building barriers to entry or closely guarding unique assets to maintain a firm's comparative advantage. A new inverted firm paradigm, however, has emerged. Under this strategy, firms share data seeking to become platforms by opening digital services to third parties and capturing part of their external surplus. This contrasts with a pipeline strategy where the firm itself creates value. This paper quantitatively estimates the effect of adop...
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作者：Chen, Yan; Farzan, Rosta; Kraut, Robert; Yeckehzaare, Iman; Zhang, Ark Fangzhou
作者单位：University of Michigan System; University of Michigan; Tsinghua University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Carnegie Mellon University; Alphabet Inc.; Google Incorporated
摘要：We conducted a large-scale personalized field experiment to examine how match quality, recognition, and social impact influence domain experts' contributions to Wikipedia. Forty-five percent of the experts expressed willingness to contribute in the baseline condition, whereas 51% (a 13% increase over the baseline) expressed interest when they received a signal that an article matched their expertise. However, none of the treatments had a significant effect on actual contributions. Instead expe...
