The Internet provides consumers with unprecedented amounts of product information. Although the competitive implications of better-informed consumers have been extensively studied, little attention has been paid to the impact of information on overall consumer demand. In this paper, we estimate...

This paper considers the impact of third-party information in a market where consumers do not have perfect observations of product attributes. The information has dual effects on consumers: 1) it makes consumers better informed of product attributes; and 2) it makes consumers more confident of...

Consumers nowadays have access to increasingly large volume of product information. Understanding how such product information affects market competition has significant implications for firms' marketing and pricing strategies. Prior academic research, however, has proposed two conflicting but...

Many online platforms have used information technology such as AI to reduce consumers’ information search cost and facilitate their decision-making. Given the variety of online information, such technology is often effective for only specific information types. For rational consumers, search...

This paper presents and extends Latent Growth Modeling (LGM) as a complementary method for analyzing longitudinal data, modeling the process of change over time, testing time-centric hypotheses, and building longitudinal theories. We first describe the basic tenets of LGM and offer guidelines...

In this paper, we develop a theoretical model to analyze the pricing strategies of competing retailers with asymmetric cross-selling capabilities when product demand changes. Our results suggest that retailers with better opportunities for cross-selling have higher incentives to adopt loss...

With the growing influence of online social media, firms increasingly take an active role in interacting with consumers in social media. For many firms, their first step in online social media is management responses, where the management responds to customers’ comments about the firm or its...

Is housing price growth causally linked with information technology (IT) investment among firms? Using establishment data between 1996-2007, we find that a percentage point rise in the growth rate of zipcode-level housing prices is associated with a 0.03-0.08% increase in information technology....

The enhancement of cryogenic plasticity for some aluminum alloys has attracted broad attention, which provides a new approach to the formability improvement of high-strength aluminum alloys. However, the hardening behavior and the ductility of aluminum alloys at cryogenic temperatures are very...

Disasters usually pose a big threat to work continuity and job stability, thus having important consequences for workers’ labor market outcomes (i.e., unemployment, work absence, and lay off). Furthermore, according to the prior literature on disaster management, disaster-induced labor market...