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Working Paper

Spatial Pricing in Ride-Sharing Networks

Kostas Bimpikis, Ozan Candogan, Daniela Saban
January112018

We explore spatial price discrimination in the context of a ride-sharing platform that serves a network of locations. Riders are heterogeneous in terms of their destination preferences and their willingness to pay for receiving service. Drivers…

Working Paper

The Geography of Poverty and Nutrition: Food Deserts and Food Choices Across the United States

Hunt Allcott, Rebecca Diamond, Jean-Pierre Dubé
January22018

We study the causes of “nutritional inequality”: why the wealthy tend to eat more healthfully than the poor in the U.S. Using two event study designs exploiting entry of new supermarkets and households’ moves to healthier neighborhoods, we reject…

Journal Article

Elections and Durable Governments in Parliamentary Governments

David P. Baron
Journal of Theoretical Politics January12018 Vol. 30 Issue 1 Pages 74-118.

This paper provides a dynamic theory of a parliamentary government system with proportional-representation elections, policy-motivated parties and voters, and an endogenous status-quo policy. The theory identifies the representation of parties in…

Working Paper

Accrual Accounting and Resource Allocation: A General Equilibrium Analysis

Jung Ho Choi
January2018

I evaluate the role of accrual accounting in improving rms’ production decisions and resource allocation across rms. I introduce both cash ow and accounting earnings as imperfect measures of performance into a general equilibrium model with…

Journal Article

Attitude certainty: Antecedents, consequences, and new directions

Zakary Tormala, Derek D. Rucker
Consumer Psychology Review January2018 Vol. 1 Issue 1 Pages 72-89.

Psychological certainty has been the subject of a great deal of research across a number of different literatures. This review focuses on prior and ongoing research on attitude certainty—the subjective sense of confidence of conviction a…

Working Paper

Distinguishing Round from Square Pegs: Predicting Hiring Based on Pre-hire Language Use

Sarah K. Stein, Amir Goldberg, Sameer B. Srivastava
January2018

This article examines how cultural matching relates to a job applicant’s likelihood of getting hired into an organization and identifies the components of cultural similarity that matter most for hiring success. Cultural compatibility at…

Journal Article

Financial Market Frictions and Diversifications

Gregor Matvos, Amit Seru, Rui Silva
Journal of Financial Economics January2018 Vol. 127 Issue 1 Pages 21-50.

We find new facts that relate the evolution of firm scope to the changing frictions in external capital markets over the last three decades. We find that large, diversified publicly traded firms increase their scope during times of high external…

Journal Article

How Do Interest Groups Seek Access to Committees?

Alexander Fouirnaies, Andrew B. Hall
American Journal of Political Science January2018 Vol. 62 Issue 1 Pages 132–147.

Concerns that interest groups use their financial resources to distort the democratic process are long-standing. Surprisingly, though, firms spend little money on political campaigns, and roughly 95% of publicly traded firms in the United States…

Book Chapter

Improving Paris: Credibility, Technology, and Conservation

Bård Harstad
Coping with the Climate Crisis Columbia University Press January2018

The United Nations approach to climate policy is and has been to focus on emission caps. Since emission of greenhouse gases is the direct cause of human-made climate change, capping country-specific emissions may at first appear to be a precise…

Journal Article

Introduction: Firms and the Distribution of Income: The Roles of Productivity and Luck

Edward Lazear, Kathryn Shaw
Journal of Labor Economics January2018 Vol. 36 Issue 1 Pages 1-12.

It has been well documented that the dispersion of income within most countries has grown over time. Dispersion can be a reflection of some positive features of an economy, most notably, increased returns to investing in skills. It is…

Journal Article

Judgments of Taste and Judgments of Quality

Anirban Mukhopadhyay, Priya Raghubir, S. Christian Wheeler
Journal of Consumer Psychology January2018 Vol. 28 Issue 1 Pages 1-4.

In a little over two decades, the Journal of Consumer Psychology has rapidly risen to become a premier research outlet. Under Pechmann and Kirmani’s excellent stewardship, the number of submissions has grown from 336 in 2010 to 483 in 2016 — a 43…

Journal Article

Management Practices, Workforce Selection, and Productivity

Stefan Bender, Nicholas A. Bloom, David Card, John Van Reenen, Stephanie Woter
Journal of Labor Economics January2018 Vol. 36 Issue 1 Pages 371-409.

We study the relationship among productivity, management practices, and employee ability using German data combining management practices surveys with employees’ longitudinal earnings records. Including human capital reduces the association…

Working Paper

Multi-Tiered Supply Chain Risk Management

Georg Schorpp, Feryao Erhun, Hau L. Lee
January2018

We study contracting for a three-tier supply chain consisting of a buyer, a supplier, and a sub-supplier where disruptions of random length occur at the sub-supplier. As is common in supply chains, the buyer has a direct relationship with the…

Journal Article

Preferences for Moral vs. Immoral Traits in Others Are Conditional

David Melnikoff, April H. Bailey
Proceedings of the National Academy of Sciences January2018 Vol. 115 Issue 4 Pages E592–E600.

The preference for morality in others is regarded as a dominant factor in person perception. Moral traits are thought to foster liking, and immoral traits are thought to foster disliking, irrespective of the context in which they are embedded. We…

Journal Article

Rethinking Time: Implications for Well-Being

Cassie Mogilner, Hal E. Hershfield, Jennifer Aaker
Consumer Psychology Review January2018 Vol. 1 Issue 1 Pages 41-53.

How people think about and use their time has critical implications for happiness and well-being. Extant research on time in the consumer behavior literature reveals a predominantly dichotomized perspective of time between the present and future…

Book Chapter

The 2016 American Elections

David W. Brady, Brett Parker
Developments in American Politics 8 (8th Edition) Red Globe Press January2018

In this state-of-the-art textbook, a distinguished team of established experts and rising scholars discuss the legacy of the Obama years and the impact of the unexpected Trump presidential victory of 2016. Carrying on the tradition set by its…

Journal Article

The Credibility of Financial Reporting: A Reputation-Based Approach

Ying Liang, Iván Marinovic, Felipe Varas
The Accounting Review January2018 Vol. 93 Issue 1 Pages 317–333.

This paper studies the reliability of financial reporting when the credibility of the manager, represented by his misreporting propensity, is unknown. We show that credibility concerns affect the time-series of reported earnings, book values, and…

Journal Article

The Economic Consequences of Partisanship in a Polarized Era

Christopher McConnell, Yotam Margalit, Neil Malhotra, Matthew Levendusky
American Journal of Political Science January2018 Vol. 62 Issue 1 Pages 5-18.

With growing affective polarization in the United States, partisanship is increasingly an impediment to cooperation in political settings. But does partisanship also affect behavior in nonpolitical settings? We show evidence that it does,…

Working Paper

The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco

Rebecca Diamond, Timothy James McQuade, Franklin Qian
January2018

Revision Requested, American Economic Review

We exploit quasi-experimental variation in assignment of rent control to study its impacts on tenants, landlords, and the overall rental market. Leveraging new data tracking individuals…

Book Chapter

The Impact of Machine Learning on Economics

Susan Athey
The Economics of Artificial Intelligence: An Agenda (forthcoming) University of Chicago Press January2018

This paper provides an assessment of the early contributions of machine learning to economics, as well as predictions about its future contributions. It begins by briefly overviewing some themes from the literature on machine learning, and then…