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Value Chain Innovations to Foster Development
Despite the rapid economic development of countries like China and India, there are still many parts of the world where people live in poverty. The World Bank has used income to group countries. Sometimes, we refer to parts of the world with very…
Value Loss in Allocation Systems with Provider Guarantees
Centralized planning systems routinely allocate tasks to workers or service providers in order to generate the maximum possible value. These allocations can also critically influence the service providers’ well-being, and thus the planning…
Heroes and Villains: The Effects of Combat Heroism on Autocratic Values and Nazi Collaboration in France
Can heroes legitimize strongly-proscribed and repugnant political behaviors? We exploit the purposefully arbitrary rotation of French regiments to measure the legitimizing effects of heroic credentials. 53% of French line regiments happened…
Insurance without Commitment: Evidence from the ACA Marketplaces
We study the dynamics of participation and health care consumption in the Affordable Care Act’s health insurance marketplaces. Unlike other health insurance contexts, we find individuals commonly drop coverage midyear — roughly 30% of…
Mental Health in the Workplace: The Coming Revolution
Employees’ rising demands for attention to mental health Today’s workforce expects employers to take mental health issues seriously and provide appropriate support and assistance. Current mental health benefits fall short. According to the 2008…
Asymptotically Optimal Control of a Centralized Dynamic Matching Market with General Utilities
We consider a matching market where buyers and sellers arrive according to independent Poisson processes at the same rate and independently abandon the market if not matched after an exponential amount of time with the same mean. In this…
I Ain’t No Fortunate One: On the Motivated Denial of Class Privilege
[Correction Notice: An Erratum for this article was reported in Vol 119(6) of Journal of Personality and Social Psychology (see record 2021-01144-001). In the article, in the Independent variables subsection of Experiment 6, the second…
Behavioral Targeting, Machine Learning and Regression Discontinuity Designs
The availability of behavioral and other data on customers and advances in machine learning methods have enabled targeting of customers in a variety of domains, including pricing, advertising, recommendation systems and personal selling contexts…
Caseload Is Increased by Resequencing Cases Before and on the Day of Surgery at Ambulatory Surgery Centers Where Initial Patient Recovery Is in Operating Rooms and Cleanup Times Are Longer Than Typical
Study Objective
The coronavirus disease 2019 (COVID-19) pandemic impacts operating room management in regions with high prevalence (e.g., >1.0% of asymptomatic patients testing positive). Cases with aerosol-producing procedures are…
Dealing with a Liquidity Crisis: Economic and Financial Policies in China During the Coronavirus Outbreak
The coronavirus outbreak that began last December sharply curtailed economic activities across China. In response to this sudden, nationwide, and potentially devastating liquidity shock, many coordinated economic and financial policies were…
Do Firms Strategically Internalize Disclosure Spillovers? Evidence from Cash‐Financed M&As
We investigate whether managers internalize the spillover effects of their disclosure on the stock price of related firms and strategically alter their disclosure decisions when doing so is beneficial. Using data on firm‐initiated disclosures…
Does Medicine Run in the Family — Evidence from Three Generations of Physicians in Sweden: Retrospective Observational Study
Objective
To examine occupational heritability in medicine and changes in heritability over time, with Swedish population wide administrative data that allowed mapping family trees of physicians spanning up to three generations.…
Effects of Attention and Recognition on Engagement, Content Creation and Sharing: Experimental Evidence from an Image Sharing Social Network
In this study, we examine the impacts of attention and recognition received by a user’s content on a social network on that user’s subsequent engagement on the network, content creation and content sharing. The study of the impact of attention…
A Few Bad Apples Spoil the Barrel: An Anti-Folk Theorem for Anonymous Repeated Games with Incomplete Information
We study anonymous repeated games where players may be “commitment types” who always take the same action. We establish a stark anti-folk theorem: if the distribution of the number of commitment types satisfies a smoothness condition and…
Generic Drug Repurposing for Public Health and National Security: COVID-19 and Beyond
The novel disease caused by the SARS-CoV-2 virus (COVID-19) has been a shock to both our health and wealth, with more than 276,000 dead in the U.S. and economic disruption that some have estimated as high as more than $16 trillion. These…
Inside the Black Box of Organizational Life: The Gendered Language of Performance Assessment
Organizations implement formalized procedures to eliminate the biasing effects of gender and other characteristics on evaluations. Prior work shows managers play a key role, but researchers have been unable to observe the thought processes…
Managing Market Thickness in Online Business-to-Business Markets
We explore marketplace design in the context of a business-to-business platform specializing in liquidation auctions. Even when the platform’s aggregate levels of supply and demand remain fixed, we establish that the platform…
Potential Outcome and Directed Acyclic Graph Approaches to Causality: Relevance for Empirical Practice in Economics
In this essay I discuss potential outcome and graphical approaches to causality, and their relevance for empirical work in economics. I review some of the work on directed acyclic graphs, including the recent The Book of Why (Pearl and…
Regulation of Charlatans in High-Skill Professions
We study a market for a skill that is in short supply and high demand, where the presence of charlatans (professionals who sell a service that they do not deliver on) is an equilibrium outcome. We use this model to evaluate the belief that…
A Sustainable Way Forward for Wind Power: Assessing Turbines’ Environmental Impacts Using a Holistic GIS Analysis
Wind power development is an increasingly vital source of renewable electricity that significantly contributes globally to reduced greenhouse gas emissions and the combatting of climate change. The environmental impacts of wind turbines have…