This study analyzes the effect of one-child policy on marriage market in China, and focuses on leftover situation, marriage age, and the age differential between husband and wife. Taking age of 30 as a cut-off point, the one-child policy has increased the leftover proportion about 1.2%, with...

This paper considers the problem of second-degree price discrimination when the type distribution is unknown or imperfectly specified by means of an ambiguity set. As robustness measure we use a performance index, equivalent to relative regret, which quantifies the worst-case attainment ratio...

This study analyzes the effect of one-child policy on marriage market in China, and focuses on leftover situation, marriage age, and the age differential between husband and wife. Taking age of 30 as a cut-off point, the one-child policy has increased the leftover proportion about 1.2%, with...

Researchers have long been interested in understanding why and how corporate managers issue earnings guidance and the effect of such guidance on stakeholders' (investors' and managers') behavior. Several recent studies have employed the experimental approach to address these issues. The purpose...

We report the results of an experiment which shows that investors' earnings- and investment-related judgments are jointly influenced by their investment position (long versus short), the news valence of guidance issued by management, and the amount of ambiguity in the guidance. Prior research...

We report the results of an experiment which shows that investors' earnings- and investment-related judgments are jointly influenced by their investment position (long versus short), the news valence of guidance issued by management, and the amount of ambiguity in the guidance. Prior research...

In this study, we investigate underlying mechanisms for the effects of management guidance forms on investors' judgments. We do so by comparing effects of point and range guidance with those associated with a hybrid management guidance form that combines the attributes of both point and range...

We investigate how the data presentation format of executive compensation disclosures affects investors' compensation- and investment-related judgment and decisions. We examine the effects of these formats and their underlying mechanisms via laboratory experiments. We compare bonus schemes...

Activities of nonprofit organizations do not always align with their missions, a managerial problem termed as “mission drift.” Mission drift is difficult to operationalize and quantify thus, as a critical issue, only a few conceptual pieces or empirical case studies explored this topic. This...