Advisor-Advisee Research Overlap and Its Implications for Scientists’ Early-Career Performance in the U.S.
A genealogical training process, in which senior (advisor) scientists engage in cross-generational transfer of skills and knowledge to junior (advisee) scientists is one of the core organizational features of modern science. In this paper, we examine the consequences of the tension faced by all junior scientists: to build upon an advisor’s skills or to strike out on one’s own? We study the implications of advisor-advisee research overlap for emerging scientists’ performance by constructing a novel, bibliometric-record-based dataset on 15,271 U.S.
Market Formation, Pricing, and Revenue Sharing in Ride Hailing Services
Problem definition: We empirically study the market for ride-hailing services. In particular, we explore the following questions: (i) How do the two-sided market and prices jointly form in ride-hailing marketplaces? (ii) Does surge pricing create value and for whom? How can its efficiency be improved? (iii) Can platforms' strategy on revenue sharing with drivers be improved? (iv) What is the value generated by ride-hailing services, including hosting rival taxi services on ride-hailing apps?
Public Pension Contract Minimalism
The national pension debt and COVID crises have collided. Post-pandemic economic decline has escalated existing financial strains on state and local pension plans, impacting workers and the public welfare. With unfunded obligations exceeding one trillion dollars, many of these plans are in jeopardy. But the movement to reform government pension contracts has yet to adopt an anchoring idea, leaving judicial decisions in disarray and policymakers without guidance about how to shore up troubled retirement systems. The crux of the problem is the many meanings of contract under state and U.S.
Transforming Products into Platforms: Unearthing New Avenues for Business Innovation
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It is impossible for brands to ignore digital platform opportunities. Network effects are one of the strongest sources of power and defensibility ever invented and underlie some of the most valuable businesses in the world. Managers and entrepreneurs can leverage the power of platforms by adding some platform elements to their existing products or services, by distributing their brands via existing platforms or by developing their own new platforms.
How to Talk When a Machine Is Listening: Corporate Disclosure in the Age of AI
Growing AI readership (proxied for by machine downloads and ownership by AI-equipped investors) motivates firms to prepare filings friendlier to machine processing and to mitigate linguistic tones that are unfavorably perceived by algorithms. Loughran and McDonald (2011) and BERT available since 2018 serve as event studies supporting attribution of the decrease in the measured negative sentiment to increased machine readership. This relationship is stronger among firms with higher benefits to (e.g., external financing needs) or lower cost (e.g., litigation risk) of sentiment management.
Seductive Language for Narcissists in Job Postings
Prior research indicates that narcissistic executives engage in earnings management and other negative organizational behaviors, and many studies ponder why firms hire such individuals, especially into corporate accounting positions.