This paper introduces time-tradeoff (TTO) sequences as a new tool to analyze time inconsistency and intertemporal choice. TTO sequences simplify the measurement of discount functio...
Arthur E. Attema, Han Bleichrodt, Kirsten I. M. Ro...
Double auction prediction markets have proven successful in large-scale applications such as elections and sporting events. Consequently, several large corporations have adopted t...
Paul J. Healy, Sera Linardi, J. Richard Lowery, Jo...
This paper analytically explores the effect of software bundling on software piracy. We focus on piracy at individual user level where several individuals illegitimately share a s...
Firms that rely on functioning mission-critical equipment for their businesses cannot a¤ord signi…cant operational downtime due to system disruptions. To minimize the impact of...
Sang-Hyun Kim, Morris A. Cohen, Serguei Netessine,...
: Do firms neglect competition when making entry decisions? Using a dataset of 14,973 eBay auctions this paper addresses this question analyzing the time of day at which sellers se...
A key result of the Capital Asset Pricing Model (CAPM) is that the market portfolio— the portfolio of all assets in which each asset’s weight is proportional to its total mark...