Managerial and Decision Economics最新文献_第5页

The Timing of Pricing: A Theory and Experiment on Freelance Co-Creation 定价时机：自由职业者共同创作的理论与实验

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-06-01 Epub Date: 2026-03-10 DOI: 10.1002/mde.70097

Ying Yang, Siyu Wang

{"title":"The Timing of Pricing: A Theory and Experiment on Freelance Co-Creation","authors":"Ying Yang, Siyu Wang","doi":"10.1002/mde.70097","DOIUrl":"https://doi.org/10.1002/mde.70097","url":null,"abstract":"<div>\u0000 \u0000 <p>On freelance platforms, where value is co-created through the joint effort of freelancers and customers, contract design plays a central managerial role. A key strategic choice concerns price timing: whether prices are set before collaboration begins (early pricing) or after the co-creation process is completed (late pricing). We develop a game-theoretic model comparing these contractual regimes. Under rational expectations, early pricing functions as a commitment device that coordinates mutual high effort, leading to superior product quality and welfare relative to late pricing. We test these predictions in a controlled laboratory experiment. Consistent with theory, early pricing leads freelancers to charge higher prices and earn greater profits than under late pricing. However, contrary to theoretical predictions, early pricing does not increase effort by either party and does not improve product quality or overall welfare. Instead, surplus shifts from customers to freelancers. We interpret this divergence as evidence of a behavioral failure of the commitment mechanism: Freelancers use early prices to signal quality but do not follow through with costly effort. Our findings carry important managerial implications for gig economy platforms. Without complementary reputation or monitoring systems, fixed-price contracts may enable opportunistic behavior rather than support cooperative value creation.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"47 5","pages":"1259-1279"},"PeriodicalIF":2.7,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148147176","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Promoting OFDI Through Policy Synergy: Evidence From China 通过政策协同促进对外直接投资：来自中国的证据

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-06-01 Epub Date: 2026-03-17 DOI: 10.1002/mde.70099

Rui Zhu, Huixia Liu, Tengjiao Wang, Pengfei Ge

{"title":"Promoting OFDI Through Policy Synergy: Evidence From China","authors":"Rui Zhu, Huixia Liu, Tengjiao Wang, Pengfei Ge","doi":"10.1002/mde.70099","DOIUrl":"https://doi.org/10.1002/mde.70099","url":null,"abstract":"<div>\u0000 \u0000 <p>Existing research on OFDI in emerging market economies has largely overlooked the effects of policy synergy. This study examines the synergistic impact of the Belt and Road Initiative and green bond policy on firms' OFDI activities from a dual-policy perspective. The results demonstrate that the synergy between the two policies significantly enhances firms' OFDI. Mechanism analysis reveals that this positive effect operates primarily through alleviating financing constraints, increasing media attention, and improving information transparency. The heterogeneity analysis reveals that policy synergy exerts a stronger promoting effect on non-SOEs, firms without government-enterprise connections, and those operating in high-pollution industries. Additional findings indicate that both policies jointly contribute to stabilizing firms' OFDI in volatile policy environments. In contrast to prior studies focusing on individual policy effects, this study is the first to uncover the interaction mechanism between outward-looking development policy and green finance policy from a policy synergy perspective. The findings provide novel empirical evidence for how emerging market economies can address dual challenges of environmental and financial constraints in the process of internationalization, offering important theoretical implications for achieving economic openness through the coordinated design of policy instruments.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"47 5","pages":"1280-1302"},"PeriodicalIF":2.7,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148147087","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Evaluation of Technological Innovation Efficiency in the Integration of Innovation, Capital, Talent, and Industry Chains in Patent-Intensive Industries 专利密集型产业创新、资本、人才和产业链整合下的技术创新效率评价

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-06-01 Epub Date: 2026-03-01 DOI: 10.1002/mde.70089

Yuehua Zhang, Yan Chen, Lin Yang, Yongru Ji

{"title":"Evaluation of Technological Innovation Efficiency in the Integration of Innovation, Capital, Talent, and Industry Chains in Patent-Intensive Industries","authors":"Yuehua Zhang, Yan Chen, Lin Yang, Yongru Ji","doi":"10.1002/mde.70089","DOIUrl":"https://doi.org/10.1002/mde.70089","url":null,"abstract":"<div>\u0000 \u0000 <p>The United Nations' Sustainable Development Goal (SDG) 9.5 emphasizes that countries need to strengthen their capacity for scientific and technological innovation. Patent-intensive industries, as key drivers of technological innovation, have become a central focus for nations worldwide. However, the development of such industries cannot be separated from the integration of the innovation, capital, talent, and industry (ICTI) chains. Grounded in evolutionary economics, this study innovates by adopting a systemic perspective that integrates ICTI. It examines 12 patent-intensive industries in China from 2013 to 2022, measuring their ICTI integration levels using a coupling coordination degree (CCD) model and assessing their static and dynamic technological innovation efficiency through super-efficiency slack-based measurement (Super-SBM) and Malmquist models. The results indicate that ICTI exhibits a moderate integration level. Although its technological innovation efficiency does not achieve data envelopment analysis (DEA) efficiency, it performs relatively well. The total factor productivity (TFP) shows an overall downward trend, with the slowdown in technological progress being the primary limiting factor. Additionally, four distinct types of industrial development stages are identified, and the corresponding development strategies are formulated based on the characteristics of each stage. This study reveals the ICTI integration and efficiency trends within patent-intensive industries and determines integration bottlenecks, offering insights for policymakers and enterprises to enhance the global competitiveness and sustainability of China's patent-intensive sectors.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"47 5","pages":"1095-1112"},"PeriodicalIF":2.7,"publicationDate":"2026-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148147070","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-05-07

引用次数: 0

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-05-07

引用次数: 0

Firm's Social Security Costs and Decentralization Decision 企业社会保障成本与分权决策

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-03-09 Epub Date: 2025-11-30 DOI: 10.1002/mde.70056

Ke Zhang, Min Guo

引用次数: 0

Family Firm Origin and AI Orientation 家族企业起源与人工智能取向

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-03-09 Epub Date: 2025-12-04 DOI: 10.1002/mde.70058

Yinzhuan Bai, Wei Sun, Weiguo Fan

引用次数: 0

Digital Investment Decisions and Service Firm Innovation: Evidence From Tourism Enterprises in Tanzania 数字投资决策与服务企业创新：来自坦桑尼亚旅游企业的证据

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-03-09 Epub Date: 2025-12-22 DOI: 10.1002/mde.70048

Xiu-Hao Ding, Heda Augustino Chale, Ruihong Liu, Bek Dhuorjang Chol

{"title":"Digital Investment Decisions and Service Firm Innovation: Evidence From Tourism Enterprises in Tanzania","authors":"Xiu-Hao Ding, Heda Augustino Chale, Ruihong Liu, Bek Dhuorjang Chol","doi":"10.1002/mde.70048","DOIUrl":"https://doi.org/10.1002/mde.70048","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the impact of digital resources (DR) on tourism innovation outcomes (TIO) among enterprises in the Ngorongoro Conservation Area (NCA), Tanzania. We study how small- and medium-sized service firms decide to allocate scarce capital to digital tools and the causal effect of these investments on innovation. Using a unbalanced panel of 2640 firm–year observations with a sample of 280 tourism enterprises registered from 2013 to 2023, we combine fixed effects Poisson and fractional logit models with an instrumental variables strategy. The results indicate that the adoption of DR promotes various aspects of tourism innovation. A one-unit increase in the DR index is associated with a 5.2 average increase in innovation outcomes. The effect is strongest among firms with low initial intensity and among enterprises located outside protected areas. These findings suggest that digital adoption contributes to productivity growth and competitiveness in African service industries. The government should intentionally identify and address the challenges that work against manufacturing competitiveness on the continent. The paper concludes by highlighting the policy relevance of targeted ICT support and grant programs for small and medium enterprises.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"47 3","pages":"723-739"},"PeriodicalIF":2.7,"publicationDate":"2026-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147567687","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Perception of Economic Policy Uncertainty and Corporate Leverage Manipulation: Microlevel Evidence From Listed Firms in China 经济政策不确定性感知与企业杠杆操纵：来自中国上市公司的微观证据

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-03-09 Epub Date: 2026-01-08 DOI: 10.1002/mde.70076

Wang Chan, Wei Xin, Nie Puyan

{"title":"Perception of Economic Policy Uncertainty and Corporate Leverage Manipulation: Microlevel Evidence From Listed Firms in China","authors":"Wang Chan, Wei Xin, Nie Puyan","doi":"10.1002/mde.70076","DOIUrl":"https://doi.org/10.1002/mde.70076","url":null,"abstract":"<div>\u0000 \u0000 <p>Leverage manipulation refers to firms' discretionary adjustments of reported leverage to influence financing conditions. Using data from A-share listed companies in China from 2010 to 2023, this study employs text mining techniques to extract relevant textual content from corporate annual reports and construct firms' perception of economic policy uncertainty (FEPU), examining its impact on corporate leverage manipulation. We find that firms significantly increase their leverage manipulation in response to heightened FEPU. Mechanism analyses suggest that firms' debt service burden positively moderates the relationship between FEPU and leverage manipulation. Further heterogeneity analyses reveal stronger effects for state-owned enterprises, firms with weaker internal controls, those experiencing greater financing constraints, firms in highly competitive industries, and companies located in regions with lower marketization levels. Regarding economic consequences, although leverage manipulation may temporarily mask financial risk and sustain financing capacity, it ultimately constrains credit access and increases operational instability, elevating the risk of organizational decline. This study contributes to the literature on economic policy uncertainty and corporate financial manipulation and offers policy implications for designing more effective deleveraging frameworks.</p>\u0000 </div>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"47 3","pages":"803-820"},"PeriodicalIF":2.7,"publicationDate":"2026-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147564025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Bargaining Power Neutrality in Mergers and Acquisitions 并购中的议价能力中立性

IF 2.7 3区经济学

Managerial and Decision Economics Pub Date : 2026-03-09 Epub Date: 2025-12-02 DOI: 10.1002/mde.70057

J. Manuel Sanchez-Cartas

引用次数: 0