Subscription programs are increasingly popular among a wide variety of retailers. These types of programs give members access to a set of exclusive benefits for a fixed fee upfront. In this paper, we examine the causal effect of adopting a subscription program on subsequent customer behavior...

The paper proposes a methodology called OP-KNN, which builds a one hidden- layer feedforward neural network, using nearest neighbors neurons with extremely small com- putational time. The main strategy is to select the most relevant variables beforehand, then to build the model using KNN...

Political institutions are important factors influencing the supply of public goods. This study matches the organizational forms of political power in prefectural cities with data on implicit governmental debts, to examine the effect of political incentives on the size and risk of these debts....

Many retailers that manage product assortments believe that “more is better”. We challenge this conventional wisdom by demonstrating that a retailer may face more price-sensitive demand for existing categories after a category expansion. While introducing a new category to a store may...

The paper proposes a methodology called OP-KNN, which builds a one hidden- layer feedforward neural network, using nearest neighbors neurons with extremely small com- putational time. The main strategy is to select the most relevant variables beforehand, then to build the model using KNN...

This study investigates whether and how minimum wage policies affect manufacturing firms’ environmental behaviors, an important issue remains undiscovered in previous research. In this paper, we provide one of the first pieces of evidence about how firm’s factor structure affects its...

Official behavior is a vital factor affecting the development of companies in developing countries. This paper explores whether the government-company reciprocity exists in transitional countries. We match the unique data of the “three public funds” collected manually at the prefecture-level...

New products are highly valued by manufacturers and retailers due to their vital role in revenue generation. Product life cycle curves often vary by their shapes and are complicated by promotional activities that induce spiky and irregular behaviors. We collaborate with JD.com to develop a...