The emergence of online platforms for professional services (e.g., cosmetic procedures) represents a natural progression of e-commerce from search and experience goods to credence goods. Due to the deeply consequential nature of professional services and the large information asymmetries between...

In electricity markets, generators are rewarded both for providing energy and for enabling grid reliability. The two functions are compensated in separate markets: energy markets and ancillary services markets. We provide evidence of changes in the fuel mix in the energy market that is driven by...

The increasing prevalence of gig economy platforms has made asynchronous collaboration in virtual teams a popular mode of work in today’s globalized environment. However, the exact value of teamwork remains elusive. In this study, we empirically analyze machine learning contests from Kaggle to...

We examine three socially responsible pricing schemes with the same corporate social responsibility (CSR) level. The social responsibility (S) scheme is analogous to the partial privatization notion in terms of the objective function, maximizing the sum of firm profit times the complement of the...