Management Science, Volume 63

Volume 63, Number 1, January 2017

Research Articles

• 
  Qiuping Yu, Gad Allon, Achal Bassamboo:
  How Do Delay Announcements Shape Customer Behavior? An Empirical Study. 1-20
• 
  Hunt Allcott, Richard L. Sweeney:
  The Role of Sales Agents in Information Disclosure: Evidence from a Field Experiment. 21-39
• 
  Retsef Levi, Georgia Perakis, Gonzalo Romero:
  On the Effectiveness of Uniform Subsidies in Increasing Market Consumption. 40-57
• 
  Daniel Mochon, Janet Schwartz, Josiase Maroba, Deepak Patel, Dan Ariely:
  Gain Without Pain: The Extended Effects of a Behavioral Health Intervention. 58-72
• 
  Ola Andersson, Marieke Huysentruyt, Topi Miettinen, Ute Stephan:
  Person-Organization Fit and Incentives: A Causal Test. 73-96
• 
  Anwer S. Ahmed, Irfan Safdar:
  Evidence on the Presence of Representativeness Bias in Investor Interpretation of Consistency in Sales Growth. 97-113
• 
  Francesca Franco, Christopher D. Ittner, Oktay Urcan:
  Determinants and Trading Performance of Equity Deferrals by Corporate Outside Directors. 114-138
• 
  Arturs Kalnins:
  Pricing Variation Within Dual-Distribution Chains: The Different Implications of Externalities and Signaling for High- and Low-Quality Brands. 139-152
• 
  Thierry Post, Valerio Potì:
  Portfolio Analysis Using Stochastic Dominance, Relative Entropy, and Empirical Likelihood. 153-165
• 
  Graham Loomes, Ganna Pogrebna:
  Do Preference Reversals Disappear When We Allow for Probabilistic Choice? 166-184
• 
  Yihui Pan:
  The Determinants and Impact of Executive-Firm Matches. 185-200
• 
  Steffen Andersen, Kasper Meisner Nielsen:
  Fire Sales and House Prices: Evidence from Estate Sales Due to Sudden Death. 201-212
• 
  Michael S. Finke, John S. Howe, Sandra J. Huston:
  Old Age and the Decline in Financial Literacy. 213-230
• 
  Manthos D. Delis, Chrysovalantis Gaganis, Iftekhar Hasan, Fotios Pasiouras:
  The Effect of Board Directors from Countries with Different Genetic Diversity Levels on Corporate Performance. 231-249
• 
  Nina Mazar, Kristina Shampanier, Dan Ariely:
  When Retailing and Las Vegas Meet: Probabilistic Free Price Promotions. 250-266
• 
  David Godes:
  Product Policy in Markets with Word-of-Mouth Communication. 267-278

Volume 63, Number 2, February 2017

Research Articles

• 
  Daniel Paravisini, Veronica Rappoport, Enrichetta Ravina:
  Risk Aversion and Wealth: Evidence from Person-to-Person Lending Portfolios. 279-297
• 
  Soo-Haeng Cho, Xin Wang:
  Newsvendor Mergers. 298-316
• 
  William J. McNally, Andriy Shkilko, Brian F. Smith:
  Do Brokers of Insiders Tip Other Clients? 317-332
• 
  Zihui Yang, Yinggang Zhou:
  Quantitative Easing and Volatility Spillovers Across Countries and Asset Classes. 333-354
• 
  Söhnke M. Bartram:
  Corporate Postretirement Benefit Plans and Real Investment. 355-383
• 
  Juan Camilo Serpa, Harish Krishnan:
  The Strategic Role of Business Insurance. 384-404
• 
  Carolyn D. Egelman, Dennis Epple, Linda Argote, Erica R. H. Fuchs:
  Learning by Doing in Multiproduct Manufacturing: Variety, Customizations, and Overlapping Product Generations. 405-423
• 
  Judson Caskey, Volker Laux:
  Corporate Governance, Accounting Conservatism, and Manipulation. 424-437
• 
  Richard Frankel, Hagit Levy, Ron Shalev:
  Factors Associated with the Year-End Decline in Working Capital. 438-458
• 
  Anastasia Danilov, Dirk Sliwka:
  Can Contracts Signal Social Norms? Experimental Evidence. 459-476
• 
  Zhixi Wan, Brian Wu:
  When Suppliers Climb the Value Chain: A Theory of Value Distribution in Vertical Relationships. 477-496
• 
  David Tannenbaum, Craig R. Fox, Gülden Ülkümen:
  Judgment Extremity and Accuracy Under Epistemic vs. Aleatory Uncertainty. 497-518
• 
  David J. Hardisty, Jeffrey Pfeffer:
  Intertemporal Uncertainty Avoidance: When the Future Is Uncertain, People Prefer the Present, and When the Present Is Uncertain, People Prefer the Future. 519-527
• 
  Jerker Denrell, Gaël Le Mens:
  Information Sampling, Belief Synchronization, and Collective Illusions. 528-547
• 
  Doug J. Chung:
  How Much Is a Win Worth? An Application to Intercollegiate Athletics. 548-565
• 
  Jin Qi:
  Mitigating Delays and Unfairness in Appointment Systems. 566-583

Volume 63, Number 3, March 2017

Research Articles

• 
  Thomas Hildebrand, Manju Puri, Jörg Rocholl:
  Adverse Incentives in Crowdfunding. 587-608
• 
  Scott E. Yonker:
  Geography and the Market for CEOs. 609-630
• 
  Aneel Keswani, David Stolin, Anh Le Tran:
  Frenemies: How Do Financial Firms Vote on Their Own Kind? 631-654
• 
  Vyacheslav Fos:
  The Disciplinary Effects of Proxy Contests. 655-671
• 
  Xiumin Martin, Ron Shalev:
  Target Firm-Specific Information and Acquisition Efficiency. 672-690
• 
  Pavel Atanasov, Phillip Rescober, Eric Stone, Samuel A. Swift, Emile Servan-Schreiber, Philip Tetlock, Lyle H. Ungar, Barbara A. Mellers:
  Distilling the Wisdom of Crowds: Prediction Markets vs. Prediction Polls. 691-706
• 
  Greg Distelhorst, Jens Hainmueller, Richard M. Locke:
  Does Lean Improve Labor Standards? Management and Social Performance in the Nike Supply Chain. 707-728
• 
  Manel Baucells, Silvia Bellezza:
  Temporal Profiles of Instant Utility During Anticipation, Event, and Recall. 729-748
• 
  Loïc Berger, Johannes Emmerling, Massimo Tavoni:
  Managing Catastrophic Climate Risks Under Model Uncertainty Aversion. 749-765
• 
  Karin Hoisl, Myriam Mariani:
  It's a Man's Job: Income and the Gender Gap in Industrial Research. 766-790
• 
  Russell J. Funk, Jason Owen-Smith:
  A Dynamic Network Measure of Technological Change. 791-817
• 
  Marc Keuschnigg, Christian Ganser:
  Crowd Wisdom Relies on Agents' Ability in Small Groups with a Voting Aggregation Rule. 818-828
• 
  Christian Schlereth, Bernd Skiera:
  Two New Features in Discrete Choice Experiments to Improve Willingness-to-Pay Estimation That Result in SDR and SADR: Separated (Adaptive) Dual Response. 829-842
• 
  Stephen Shum, Shilu Tong, Tingting Xiao:
  On the Impact of Uncertain Cost Reduction When Selling to Strategic Customers. 843-860
• 
  Guillaume Roels, Christopher S. Tang:
  Win-Win Capacity Allocation Contracts in Coproduction and Codistribution Alliances. 861-881
• 
  Fernanda Campello, Armann Ingolfsson, Robert A. Shumsky:
  Queueing Models of Case Managers. 882-900

Volume 63, Number 4, April 2017

Research Articles

• 
  Ramana Nanda, Matthew Rhodes-Kropf:
  Financing Risk and Innovation. 901-918
• 
  Yiangos Papanastasiou, Nicos Savva:
  Dynamic Pricing in the Presence of Social Learning and Strategic Consumers. 919-939
• 
  Zaichao Du, Juan-Carlos Escanciano:
  Backtesting Expected Shortfall: Accounting for Tail Risk. 940-958
• 
  Manthos D. Delis, Panagiotis K. Staikouras, Chris Tsoumas:
  Formal Enforcement Actions and Bank Behavior. 959-987
• 
  Steven Kou, Cindy Yu, Haowen Zhong:
  Jumps in Equity Index Returns Before and During the Recent Financial Crisis: A Bayesian Analysis. 988-1010
• 
  Shi Chen, Hau Lee:
  Incentive Alignment and Coordination of Project Supply Chains. 1011-1025
• 
  Michael K. Lim, Ho-Yin Mak, Zuo-Jun Max Shen:
  Agility and Proximity Considerations in Supply Chain Design. 1026-1041
• 
  Jillian A. Berry Jaeker, Anita L. Tucker:
  Past the Point of Speeding Up: The Negative Effects of Workload Saturation on Efficiency and Patient Severity. 1042-1062
• 
  Jeffery Abarbanell, Hyungshin Park:
  Do Bright-Line Earnings Surprises Really Affect Stock Price Reactions? 1063-1084
• 
  Makan Amini, Mathias Ekström, Tore Ellingsen, Magnus Johannesson, Fredrik Strömsten:
  Does Gender Diversity Promote Nonconformity? 1085-1096
• 
  Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci:
  Stochastic Dominance Analysis Without the Independence Axiom. 1097-1109
• 
  Yael Grushka-Cockayne, Victor Richmond R. Jose, Kenneth C. Lichtendahl Jr.:
  Ensembles of Overfit and Overconfident Forecasts. 1110-1130
• 
  Pascale Crama, Bert De Reyck, Niyazi Taneri:
  Licensing Contracts: Control Rights, Options, and Timing. 1131-1149
• 
  Anja Lambrecht, Kanishka Misra:
  Fee or Free: When Should Firms Charge for Online Content? 1150-1165
• 
  Dmitri Kuksov, Yuanfang Lin:
  Signaling Low Margin Through Assortment. 1166-1183
• 
  Steve Alpern, Vic Baston:
  The Secretary Problem with a Selection Committee: Do Conformist Committees Hire Better Secretaries? 1184-1197
• 
  Shai Bernstein, Josh Lerner, Morten Sorensen, Per Strömberg:
  Private Equity and Industry Performance. 1198-1213
• 
  Ling Cen, K. C. John Wei, Liyan Yang:
  Disagreement, Underreaction, and Stock Returns. 1214-1231
• 
  Michael D. Ryall, Rachelle C. Sampson:
  Contract Structure for Joint Production: Risk and Ambiguity Under Compensatory Damages. 1232-1253
• 
  Matthias Lang:
  First-Order and Second-Order Ambiguity Aversion. 1254-1269

Volume 63, Number 5, May 2017

Research Articles

• 
  Alex Imas, Sally Sadoff, Anya Samek:
  Do People Anticipate Loss Aversion? 1271-1284
• 
  András Danis:
  Do Empty Creditors Matter? Evidence from Distressed Exchange Offers. 1285-1301
• 
  Eyal Winter, Luciano Méndez-Naya, Ignacio García-Jurado:
  Mental Equilibrium and Strategic Emotions. 1302-1317
• 
  Markus K. Brunnermeier, Filippos Papakonstantinou, Jonathan A. Parker:
  Optimal Time-Inconsistent Beliefs: Misplanning, Procrastination, and Commitment. 1318-1340
• 
  Peter Christoffersen, Du Du, Redouane Elkamhi:
  Rare Disasters, Credit, and Option Market Puzzles. 1341-1364
• 
  Yong Chen, Nan Qin:
  The Behavior of Investor Flows in Corporate Bond Mutual Funds. 1365-1381
• 
  Xiaofei Zhao:
  Does Information Intensity Matter for Stock Returns? Evidence from Form 8-K Filings. 1382-1404
• 
  Vidhi Chhaochharia, Yaniv Grinstein, Gustavo Grullon, Roni Michaely:
  Product Market Competition and Internal Governance: Evidence from the Sarbanes-Oxley Act. 1405-1424
• 
  Samuel B. Bonsall IV, Eric R. Holzman, Brian P. Miller:
  Managerial Ability and Credit Risk Assessment. 1425-1449
• 
  Alfonso Gambardella, Christina Raasch, Eric von Hippel:
  The User Innovation Paradigm: Impacts on Markets and Welfare. 1450-1468
• 
  Kaiquan Xu, Jason Chan, Anindya Ghose, Sang Pil Han:
  Battle of the Channels: The Impact of Tablets on Digital Commerce. 1469-1492
• 
  Ali Pilehvar, Wedad J. Elmaghraby, Anandasivam Gopal:
  Market Information and Bidder Heterogeneity in Secondary Market Online B2B Auctions. 1493-1518
• 
  Florian L. Kutzner, Daniel Read, Neil Stewart, Gordon Brown:
  Choosing the Devil You Don't Know: Evidence for Limited Sensitivity to Sample Size-Based Uncertainty When It Offers an Advantage. 1519-1528
• 
  Anja Schöttner:
  Optimal Sales Force Compensation in Dynamic Settings: Commissions vs. Bonuses. 1529-1544
• 
  Vishal V. Agrawal, Ioannis Bellos:
  The Potential of Servicizing as a Green Business Model. 1545-1562
• 
  Bradley R. Staats, Hengchen Dai, David Hofmann, Katherine L. Milkman:
  Motivating Process Compliance Through Individual Electronic Monitoring: An Empirical Examination of Hand Hygiene in Healthcare. 1563-1585
• 
  William Schmidt, Ryan W. Buell:
  Experimental Evidence of Pooling Outcomes Under Information Asymmetry. 1586-1605
• 
  Elodie Adida, Hamed Mamani, Shima Nassiri:
  Bundled Payment vs. Fee-for-Service: Impact of Payment Scheme on Performance. 1606-1624
• 
  Hamed Mamani, Shima Nassiri, Michael R. Wagner:
  Closed-Form Solutions for Robust Inventory Management. 1625-1643
• 
  Carel Eijgenraam, Ruud Brekelmans, Dick den Hertog, Kees Roos:
  Optimal Strategies for Flood Prevention. 1644-1656

Volume 63, Number 6, June 2017

Research Articles

• 
  Eric J. Allen, Patricia M. Dechow, Devin G. Pope, George Wu:
  Reference-Dependent Preferences: Evidence from Marathon Runners. 1657-1672
• 
  Ryan W. Buell, Tami Kim, Chia-Jung Tsay:
  Creating Reciprocal Value Through Operational Transparency. 1673-1695
• 
  Adrian Chadi, Sabrina Jeworrek, Vanessa Mertins:
  When the Meaning of Work Has Disappeared: Experimental Evidence on Employees' Performance and Emotions. 1696-1707
• 
  Erin L. Krupka, Stephen Leider, Ming Jiang:
  A Meeting of the Minds: Informal Agreements and Social Norms. 1708-1729
• 
  Dan Andrei Iancu, Nikolaos Trichakis, Gerry Tsoukalas:
  Is Operating Flexibility Harmful Under Debt? 1730-1761
• 
  Rouba Ibrahim, Mor Armony, Achal Bassamboo:
  Does the Past Predict the Future? The Case of Delay Announcements in Service Systems. 1762-1780
• 
  Elena Belavina, Karan Girotra, Ashish Kabra:
  Online Grocery Retail: Revenue Models and Environmental Impact. 1781-1799
• 
  Anthony Heyes, Steve Martin:
  Social Labeling by Competing NGOs: A Model with Multiple Issues and Entry. 1800-1813
• 
  Przemyslaw S. Stilger, Alexandros Kostakis, Ser-Huang Poon:
  What Does Risk-Neutral Skewness Tell Us About Future Stock Returns? 1814-1834
• 
  Jean Helwege, Jing-Zhi Huang, Yuan Wang:
  Debt Covenants and Cross-Sectional Equity Returns. 1835-1854
• 
  Ambrus Kecskés, Roni Michaely, Kent L. Womack:
  Do Earnings Estimates Add Value to Sell-Side Analysts' Investment Recommendations? 1855-1871
• 
  Kose John, Yuanzhi Li, Jiaren Pang:
  Does Corporate Governance Matter More for High Financial Slack Firms? 1872-1891
• 
  Roberto Liebscher, Thomas Mählmann:
  Are Professional Investment Managers Skilled? Evidence from Syndicated Loan Portfolios. 1892-1918
• 
  Paul Ehling, Christian Heyerdahl-Larsen:
  Correlations. 1919-1937
• 
  Zhepeng (Lionel) Li, Xiao Fang, Xue Bai, Olivia R. Liu Sheng:
  Utility-Based Link Recommendation for Online Social Networks. 1938-1952
• 
  Tomás Lejarraga, Johannes Müller-Trede:
  When Experience Meets Description: How Dyads Integrate Experiential and Descriptive Information in Risky Decisions. 1953-1971
• 
  Ting Zhang, Francesca Gino, Michael I. Norton:
  The Surprising Effectiveness of Hostile Mediators. 1972-1992
• 
  Naresh Bansal, Kissan Joseph, Minghui Ma, M. Babajide Wintoki:
  Do CMO Incentives Matter? An Empirical Investigation of CMO Compensation and Its Impact on Firm Performance. 1993-2015
• 
  Raphael Boleslavsky, Christopher S. Cotton, Haresh Gurnani:
  Demonstrations and Price Competition in New Product Release. 2016-2026
• 
  Timo Lohmann, Steffen Rebennack:
  Tailored Benders Decomposition for a Long-Term Power Expansion Model with Short-Term Demand Response. 2027-2048

Volume 63, Number 7, July 2017

Research Articles

• 
  Carri W. Chan, Vivek F. Farias, Gabriel J. Escobar:
  The Impact of Delays on Service Times in the Intensive Care Unit. 2049-2072
• 
  Merve Bodur, James R. Luedtke:
  Mixed-Integer Rounding Enhanced Benders Decomposition for Multiclass Service-System Staffing and Scheduling with Arrival Rate Uncertainty. 2073-2091
• 
  Fernando Bernstein, Víctor Martínez-de-Albéniz:
  Dynamic Product Rotation in the Presence of Strategic Customers. 2092-2107
• 
  Wei Zhang, Sriram Dasu, Reza H. Ahmadi:
  Higher Prices for Larger Quantities? Nonmonotonic Price-Quantity Relations in B2B Markets. 2108-2126
• 
  So Yeon Chun, Anton J. Kleywegt, Alexander Shapiro:
  When Friends Become Competitors: The Design of Resource Exchange Alliances. 2127-2145
• 
  Matteo Fischetti, Ivana Ljubic, Markus Sinnl:
  Redesigning Benders Decomposition for Large-Scale Facility Location. 2146-2162
• 
  Shannon W. Anderson, Henri C. Dekker, Alexandra Van den Abbeele:
  Costly Control: An Examination of the Trade-off Between Control Investments and Residual Risk in Interfirm Transactions. 2163-2180
• 
  Ivan Marinovic:
  Delegated Bidding and the Allocative Effect of Accounting Rules. 2181-2196
• 
  Armin Falk, Florian Zimmermann:
  Consistency as a Signal of Skills. 2197-2210
• 
  Anjana Rajamani, Marieke van der Poel, Abe de Jong, Steven Ongena:
  The International Diversification of Banks and the Value of Their Cross-Border M&A Advice. 2211-2232
• 
  Charles Cao, Grant Farnsworth, Bing Liang, Andrew W. Lo:
  Return Smoothing, Liquidity Costs, and Investor Flows: Evidence from a Separate Account Platform. 2233-2250
• 
  Daniel Bradley, Incheol Kim, Xuan Tian:
  Do Unions Affect Innovation? 2251-2271
• 
  Martin Brown, Stefan T. Trautmann, Razvan Vlahu:
  Understanding Bank-Run Contagion. 2272-2282
• 
  Allen N. Berger, Sadok El Ghoul, Omrane Guedhami, Raluca A. Roman:
  Internationalization and Bank Risk. 2283-2301
• 
  Lee Biggerstaff, David C. Cicero, Andy Puckett:
  FORE! An Analysis of CEO Shirking. 2302-2322
• 
  Nabil Kahale:
  Superreplication of Financial Derivatives via Convex Programming. 2323-2339
• 
  Cary Frydman, Gideon Nave:
  Extrapolative Beliefs in Perceptual and Economic Decisions: Evidence of a Common Mechanism. 2340-2352
• 
  Nathan M. Fong:
  How Targeting Affects Customer Search: A Field Experiment. 2353-2364
• 
  Bing Jing:
  Behavior-Based Pricing, Production Efficiency, and Quality Differentiation. 2365-2376
• 
  Luyi Yang, Laurens G. Debo, Varun Gupta:
  Trading Time in a Congested Environment. 2377-2395

Volume 63, Number 8, August 2017

Research Articles

• 
  Erjie Ang, Dan Andrei Iancu, Robert Swinney:
  Disruption Risk and Optimal Sourcing in Multitier Supply Networks. 2397-2419
• 
  Cesare Fracassi:
  Corporate Finance Policies and Social Networks. 2420-2438
• 
  Rachna Shah, George P. Ball, Serguei Netessine:
  Plant Operations and Product Recalls in the Automotive Industry: An Empirical Investigation. 2439-2459
• 
  Cuihong Li, Zhixi Wan:
  Supplier Competition and Cost Improvement. 2460-2477
• 
  Fei Gao, Xuanming Su:
  Omnichannel Retail Operations with Buy-Online-and-Pick-up-in-Store. 2478-2492
• 
  Binglin Gong, Deng Pan, Donghui Shi:
  New Investors and Bubbles: An Analysis of the Baosteel Call Warrant Bubble. 2493-2508
• 
  C. Wei Li, Ashish Tiwari, Lin Tong:
  Investment Decisions Under Ambiguity: Evidence from Mutual Fund Investor Behavior. 2509-2528
• 
  Donald E. Bowen III, Laurent Frésard, Jérôme P. Taillard:
  What's Your Identification Strategy? Innovation in Corporate Finance Research. 2529-2548
• 
  Sean A. Anthonisz, Talis J. Putnins:
  Asset Pricing with Downside Liquidity Risks. 2549-2572
• 
  Jean-Edouard Colliard:
  Catching Falling Knives: Speculating on Liquidity Shocks. 2573-2591
• 
  David Folsom, Paul Hribar, Richard D. Mergenthaler, Kyle Peterson:
  Principles-Based Standards and Earnings Attributes. 2592-2615
•