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The chaotic response of the US Strategic National Stockpile to COVID-19 during 2020 highlighted the inadequacy of the inventory-based approaches to disaster response. This paper examines the integration of stockpile inventory, backup capacity, and standby capability to meet the disaster-related...
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We theoretically and experimentally examine the impact of pay transparency policies and payment schemes on individuals’ effort decisions and their performance. By considering the “no information” policy as a benchmark that only informs each agent of his own performance and pay, we examine...
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