Article
Economics
Ying Chen, Atara Oliver
Summary: A principal must decide whether to accept a project based on two aspects, with the agent privately learning one aspect in each period. Two reporting protocols are compared: frequent updating, requiring the agent to report in each period, and infrequent updating, requiring reporting at the end. The equilibrium outcome is the same regardless of updating frequency if the project would be rejected under the prior. However, if the project's prior expected value is high, updating frequency matters. Frequent updating benefits the receiver when it is unlikely for the agent to be informed later, while infrequent updating is better when the agent is likely to be informed later. Conditional delegation captures the benefits of both updating frequencies under high prior.
JOURNAL OF ECONOMIC THEORY
(2023)
Article
Engineering, Industrial
Qingyun Xu, Yi He
Summary: This paper investigates the impact of voluntary product quality information disclosure on pricing and consumer deliberation decisions in a retail platform that uses blockchain technology. The study finds that consumers' decisions are influenced by the deliberation cost and product price, while the disclosure cost also affects the pricing decisions of the retail platform.
INTERNATIONAL JOURNAL OF PRODUCTION RESEARCH
(2023)
Article
Business, Finance
Snehal Banerjee, Bradyn Breon-Drish
Summary: This study explores how dynamic research impacts information acquisition in financial markets. More frequent public disclosures may enhance private information acquisition but harm liquidity. Observed research activity does not necessarily indicate better market information acquisition.
REVIEW OF FINANCIAL STUDIES
(2022)
Article
Economics
Radosveta Ivanova-Stenzel, Gyula Seres
Summary: This study proposes a model that predicts strategy adjustments based on players' beliefs being anchored to an irrelevant number.
Article
Business, Finance
Mo Yang, Yan Li, Dayong Dong
Summary: This study applies the SWOT theory to construct a corporate strategic dictionary and quantify strategic information disclosure (SID). The research examines the association between SID and the cost of equity capital in China. The findings demonstrate that SID is negatively associated with the cost of equity capital, with analysts' forecasts and stock liquidity playing a mediating role in this relationship.
FINANCE RESEARCH LETTERS
(2023)
Article
Management
Yiannis Dimitrakopoulos, Antonis Economou, Stefanos Leonardos
Summary: The study explores a model that bridges observable and unobservable queueing systems, showing that alternating information structure generally leads to higher equilibrium throughput and social welfare. Numerical experiments complement the findings and offer managerial insights on optimal control of system parameters.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2021)
Article
Communication
Yiwei Xu, Drew Margolin, Jeff Niederdeppe
Summary: Health communicators in the United States are facing challenges in increasing parent uptake of the MMR vaccine for children. The study did not support the original hypotheses but found that conveying source expertise can increase perceived caring among parents and reduce vaccine hesitancy among hesitant parents. Further research is needed to explore strategic messaging for increasing source credibility in the context of vaccine hesitancy.
HEALTH COMMUNICATION
(2021)
Article
Computer Science, Artificial Intelligence
Pierre Pomeret-Coquot, Helene Fargier, Erik Martin-Dorel
Summary: This paper proposes a model for incomplete-information games using Dempster-Shafer belief function and proves that this type of game can be transformed into an equivalent hypergraphical complete-information game. The complexity of this transformation is shown to be polynomial in the degree of k-additivity of the mass function.
INTERNATIONAL JOURNAL OF APPROXIMATE REASONING
(2022)
Article
Economics
Eugenia Y. Lee, Wonsuk Ha
Summary: This study examines the effect of electronic voting on firms' disclosure behavior before shareholder meetings. The results suggest that firms that adopt electronic voting are more likely to provide good-news earnings forecasts before the meetings, and firms with poorer past performance are more likely to increase disclosure.
Article
Business, Finance
Cyrus Aghamolla, Ilan Guttman
Summary: The study reveals that in more competitive industries, a smaller proportion of companies become industry pioneers, but follower IPO volume increases. Additionally, increasing uncertainty over investor sentiment exacerbates delays and leads to lower IPO volume.
Article
Engineering, Industrial
Yilin Wang, Jinting Wang, George Zhang
Summary: This paper examines a stochastic clearing system with a game-theoretic approach, where the server experiences a Poisson-generated catastrophe and subsequent repair process. When a catastrophic event occurs, all customers are cleared from the system and the server fails, but immediate repairs are made with an exponential repair time. Customers are strategic with the choice to join or balk based on a linear reward-cost structure. The study provides models and analysis for queueing systems with working vacation and catastrophes, emphasizing game-theoretic modeling of such service systems.
QUALITY TECHNOLOGY AND QUANTITATIVE MANAGEMENT
(2023)
Article
Business
Yiyang Gu, Peng Wu, Ruixue Du
Summary: The purpose of this study is to investigate the relationship between corporate strategic positioning and environmental information disclosure (EID) behaviors in the context of the circular economy. The authors find that corporate strategic positioning does affect EID behaviors, with companies implementing a prospector strategy more likely to engage in high-quality EID. Moreover, the study reveals that green innovation mediates the relationship between strategic positioning and EID.
MANAGEMENT DECISION
(2023)
Article
Economics
Ennio Bilancini, Leonardo Boncinelli
Summary: This study explores the emergence and desirability of product labeling in a persuasion game scenario, where buyers can acquire product quality information by paying a cost. The research finds that in cases where market unraveling fails, mandatory labeling can lead to decreased profits for high-quality sellers but increased benefits for low-quality sellers and buyers. However, when the distribution of qualities and traits is endogenous, mandatory labeling does not improve average quality or buyer utility, and can result in cost inefficiencies.
JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY
(2021)
Article
Computer Science, Information Systems
Chao Huang, Haoran Yu, Jianwei Huang, Randall A. Berry
Summary: We study a crowdsourcing problem where a platform has more information about workers' accuracy and strategically reveals it to incentivize high-quality solutions. We analyze the cases where workers trust or update their beliefs based on the platform's announcement. For naive workers, the platform should announce a high accuracy, while for strategic workers, announcing a lower accuracy may be beneficial. We also show that when the platform is uninformed about workers' prior, increasing the accuracy may paradoxically lead to decreased platform payoff and social welfare.
IEEE TRANSACTIONS ON MOBILE COMPUTING
(2023)
Article
Business
Hung-Pin Shih, Kee-hung Lai, T. C. E. Cheng
Summary: Confirmation biases affect consumer behavior in processing electronic word-of-mouth (eWOM), either by influencing beliefs about biased information or by creating an illusion of confidence in biased judgments. This study challenges the belief that the helpfulness of product reviews depends on unbiased information and/or judgments. Using a scenario-based questionnaire survey, the researchers found that belief consistency plays a significant role in shaping perceived review helpfulness, influenced by positive-negative asymmetry. Personal expertise may reinforce the effect of belief consistency, depending on the asymmetry between positive and negative information.
JOURNAL OF THEORETICAL AND APPLIED ELECTRONIC COMMERCE RESEARCH
(2023)
Article
Computer Science, Software Engineering
Frederic Koessler, Marie Laclau, Jerome Renault, Tristan Tomala
Summary: This paper studies zero-sum splitting games with finite sets of states. Players dynamically choose a pair of martingales {p(t), q(t)}(t) to control a terminal payoff. The first part introduces the concept of the Mertens-Zamir transform and uses it to approximate the solution of the Mertens-Zamir system for continuous functions. The second part considers the general case of finite splitting games with arbitrary correspondences containing the Dirac mass on the current state, and proves the existence of its value by constructing non-Markovian epsilon-optimal strategies and characterizing it as the unique concave-convex function satisfying two new conditions.
MATHEMATICAL PROGRAMMING
(2022)
Article
Economics
Jeanne Hagenbach, Frederic Koessler
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
(2017)
Article
Economics
Jeanne Hagenbach, Frederic Koessler, Thomas Tregouet
SCANDINAVIAN JOURNAL OF ECONOMICS
(2017)
Article
Economics
Jeanne Hagenbach, Frederic Koessler
REVIEW OF ECONOMIC DESIGN
(2017)
Article
Economics
Mehdi Ayouni, Frederic Koessler
THEORY AND DECISION
(2017)
Article
Economics
Frederic Koessler, Vasiliki Skreta
JOURNAL OF ECONOMIC THEORY
(2016)
Article
Economics
Jeanne Hagenbach, Frederic Koessler
Article
Economics
Frederic Koessler, Ariane Lambert-Mogiliansky
JOURNAL OF PUBLIC ECONOMICS
(2014)
Article
Economics
Nicolas Jacquemet, Frederic Koessler
GAMES AND ECONOMIC BEHAVIOR
(2013)
Article
Economics
Frederic Koessler, Ariane Lambert-Mogiliansky
JOURNAL OF DEVELOPMENT ECONOMICS
(2013)
Article
Economics
Frederic Koessler, Regis Renault
RAND JOURNAL OF ECONOMICS
(2012)
Article
Economics
Frederic Koessler, David Martimort
JOURNAL OF ECONOMIC THEORY
(2012)
Article
Economics
Frederic Koessler, Charles Noussair, Anthony Ziegelmeyer
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
(2012)
Article
Economics
Jeanne Hagenbach, Frederic Koessler
REVIEW OF ECONOMIC STUDIES
(2010)