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On the Interplay Between Self-Driving Cars and Public Transportation
Cities worldwide struggle with overloaded transportation systems and their externalities. The emerging autonomous transportation technology has the potential to alleviate these issues, but the decisions of profit-maximizing operators running…
One Size Fits All? Exploring Motivation for Public Employees with a Job Fit Framework and Response Surface Analysis
To advance tailored recruitment, management, and on-the-job socialization, we present a complementary “job fit” framework that integrates intrinsic, extrinsic, relational, and prosocial job design attributes. Employing polynomial regression…
Optimal Experimental Design for Staggered Rollouts
In this paper, we study the design and analysis of experiments conducted on a set of units over multiple time periods where the starting time of the treatment may vary by unit. The design problem involves selecting an initial treatment time for…
Political Trenches: War, Partisanship, and Polarization
We study the dynamics between local segregation, partisanship, and political polarization. We exploit large-scale, exogenous and high-stakes peer assignment due to universal conscription of soldiers assigned from each of 34,947 municipalities to…
Reserve Prices in Internet Advertising Auctions: A Field Experiment
We present the results of a large field experiment on setting reserve prices in auctions for online advertisements, guided by the theory of optimal auction design suitably adapted to the sponsored search setting. Consistent with the theory,…
Strategic Foundations of Efficient Rational Expectations
We study an economy with traders whose payoffs are quasilinear and whose private signals are informative about an unobserved state parameter. The limit economy has infinitely many traders partitioned into a finite set of symmetry classes called…
The Humor Advantage: Humorous Bragging Benefits Job Candidates and Entrepreneurs
From job candidates to entrepreneurs, people often face an inherent tension between the need to share personal accomplishments and the need to avoid appearing arrogant. We propose that humorbragging — incorporating self-enhancing humor into self-…
The Life-Cycle Model Implies That Most Young People Should Not Save for Retirement
Retirement policy is often predicated on the belief that more saving is always better, at least at the margin. This belief is used to justify the increasingly widespread practice of automatically enrolling workers in employer-sponsored defined…
Use of Voice-Based Conversational Artificial Intelligence for Basal Insulin Prescription Management Among Patients With Type 2 Diabetes
Importance Optimizing insulin therapy for patients with type 2 diabetes can be challenging given the need for frequent dose adjustments. Most patients receive suboptimal doses and do not achieve glycemic control.
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Weak Signal Asymptotics for Sequentially Randomized Experiments
We use the lens of weak signal asymptotics to study a class of sequentially randomized experiments, including those that arise in solving multiarmed bandit problems. In an experiment with n time steps, we let the mean reward gaps between…
A Case Study Analysis of how Products Might be Designed to Promote Health
Consumer technology products are changing lifestyle behaviors like how we eat, how we sleep, and how we get around, but existing research has not examined whether they are being designed to promote healthy choices. This study assesses the health…
Implications of Asset Market Data for Equilibrium Models of Exchange Rates
We characterize the relation between exchange rates and their macroeconomic fundamentals without committing to a specific model of preferences, endowment or menu of traded assets. When investors can trade home and foreign currency risk-free bonds…
Advances in Power-to-Gas Technologies: Cost and Conversion Efficiency
Widespread adoption of hydrogen as an energy carrier is widely believed to require continued advances in Power-to-Gas (PtG) technologies. Here we provide a comprehensive assessment of the dynamics of system prices and conversion efficiency for…
Algorithmic Mechanism Design with Investment
We study the investment incentives created by truthful mechanisms that allocate resources using approximation algorithms. Some approximation algorithms guarantee nearly 100% of the optimal welfare in the allocation problem but guarantee nothing…
Are Consumers Averse to Sponsored Messages? The Role of Search Advertising in Information Discovery
We analyze a large-scale randomized field experiment in which a search engine varied the prominence of search ads for 3.3 million U.S. users: one group of users saw the status quo, while the other saw a lower level of advertising (with search ads…
Arguing about Tastes: Modeling How Context and Experience Change Economic Preferences
Explores preference formation and evolution, discussing the interaction between intrinsic motivation and extrinsic incentives in both static situations and in more dynamic contexts. Summarizes the orthodox economist’s model of individual choice.…
Brokering in Hierarchies versus Networks: How Organizational Structure Shapes Social Relations
Individuals often engage in brokering behaviors intended to influence other people’s interactions and relationships. An open research question in the nascent literature on brokering as a social process concerns its situational antecedents. We…
Control Variables in Interactive Models
Accounting studies often examine whether the relation between X and Y varies with a moderating variable, M, by including an interactive term, X × M, in a regression. We provide plain-English guidance…
Creating a Policy-Oriented Organization Science: Expanding on Aguinis, Jensen, and Kraus
The relative scarcity of policy-relevant research is the inevitable result of editorial policies pursued by most if not all of the highest status management and organization science journals. Ironically, there are a plethora of policy-oriented…
Credit Cycles, Firms, and the Labor Market
We use administrative data from the U.S. Census Bureau to estimate the causal effects of loose credit conditions on firm employment and worker earnings. To obtain quasi-random variation in firms’ exposure to credit booms, we exploit the…