Recent Submissions

  • Is everybody an expert? An investigation into the impact of professional versus user reviews on movie revenues. 

    Ravid, S. Abraham; Basuroy, Samun; Gretz, Richard T.; Allen, B. J. (Springer Nature, 2020-03)
    This study is the first attempt to examine the effect of electronic word of mouth (user reviews) relative to expert reviews on moviegoing decisions. For the first time, we use time-varying data on expert reviews. We find ...
  • Large investors’ portfolio composition and firms value. 

    Ravid, S. Abraham; Sekerci, Naciye (2020-04)
    We analyze new Swedish data on the portfolio holdings of large blockholders and find that firm value increases with the weight of a stock in a large blockholder's portfolio. In our sample, this weight may be greater than ...
  • Star Turnover and the Value of Human Capital—Evidence from Broadway Shows.Management Science. 

    Ravid, S. Abraham; Han, Shu (Institute for Operations Research and the Management Sciences (INFORMS, 2020-02)
    Theater shows routinely turn over actors in lead roles. Otherwise, the show stays the same, including the director, the script, other actors and, the physical theater environment. Even the lines performed do not change the ...
  • Effects of aging on gender differences in financial markets. 

    Shao, Ran; Wang, Na (Economics Bulletin, 2015-03-30)
    Gender differences in risk-taking and investment decisions have been widely documented in the financial markets. Utilizing trading information from individual investor brokerage accounts, this paper explores the effects ...
  • Generalized Coarse Matching. 

    Shao, Ran (Elsevier, 2016-11)
    This paper analyzes the problem of matching two heterogeneous populations, such as men and women. If the payoff from a match exhibits complementarities, it is well known that, absent any friction, positive assortative ...
  • Voting and optimal provision of a public good. 

    Shao, Ran; Zhou, Lin (Elsevier, 2016-02)
    In this paper, we study the optimal provision of a costly public good using an average efficiency crite- rion. For every fixed cost, we identify a quota mechanism as the optimal mechanism among those that are dominant- ...
  • Optimal Allocation of an Indivisible Good. 

    Shao, Ran; Zhou, Lin (Elsevier, 2016-11)
    In this paper, we consider the problem of allocating an indivisible good efficiently between two agents with monetary transfers. We focus on allocation mechanisms that are dominant-strategy incentive compatible when agents' ...