The motivation value of confidence postulates that individual effort provision is increasing in beliefs on one's own productivity. This relationship also holds for overconfident individuals who have exaggerated productivity beliefs (motivation value of overconfidence). We present first empirical...

In the split delivery vehicle routing problem (SDVRP), a customer's demand can be split among several vehicles. In this article, we review applications of the SDVRP including the routing of helicopters in the North Sea and solution methods such as integer programming and tabu search. We develop...

Increased concern about climate change has led many investors to focus on its effects on portfolio returns. ESG metrics used for analyzing climate risks, however, have been shown to be inconsistent. What would happen if they were used in analyzing the climate risks of portfolios and making...

The motivation value of confidence postulates that individual effort provision is increasing in beliefs on one's own productivity. This relationship also holds for overconfident individuals who have exaggerated productivity beliefs (motivation value of overconfidence). We present first empirical...

The motivation value of confidence postulates that individual effort provision is increasing in beliefs on one's own productivity. This relationship also holds for overconfident individuals who have exaggerated productivity beliefs (motivation value of overconfidence). We present first empirical...

Prior research shows that SEC comment letters provide useful information to outsiders of the firm. However, whether insiders such as boards of directors use SEC comment letters for the purpose of internal performance evaluation has not been studied. We find that firms reduce CEO annual bonuses...

Many standards exist today for corporate Greenhouse Gas (GHG) emissions accounting, yet a mechanism for transferring emissions reductions between companies in a supply chain is not well defined. This creates a serious gap for incentivizing businesses to take climate action when there is a...