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We develop a simple stock selection model to explain why active equity managers tend to underperform a benchmark index. We motivate our model with the empirical observation that the best performing stocks in a broad market index often…

Portfolio Management · Quantitative Finance 2018-01-16 J. B. Heaton , N. G. Polson , J. H. Witte

High rates of turnover among software developers remain, involving additional costs of hiring and training. Voluntary turnover may be due to workplace issues or personal career decisions, but it might as well relate to Job Characteristics,…

Software Engineering · Computer Science 2019-03-12 Tiago Massoni , Nilton Ginani , Wallison Silva , Zeus Barros , Georgia Moura

This paper uses stop-level passenger count data in four cities to understand the nation-wide bus ridership decline between 2012 and 2018. The local characteristics associated with ridership change are evaluated in Portland, Miami,…

Physics and Society · Physics 2020-12-23 Simon J. Berrebi , Kari E. Watkins

We consider a natural dynamic staffing problem in which a decision-maker sequentially hires workers over a finite horizon to meet an unknown demand revealed at the end. Predictions about demand arrive over time and become increasingly…

Data Structures and Algorithms · Computer Science 2025-10-21 Yiding Feng , Vahideh Manshadi , Rad Niazadeh , Saba Neyshabouri

Experimental evidence confirms that AI tools raise worker productivity, but also that sustained use can erode the expertise on which those gains depend. We develop a dynamic model in which a decision-maker chooses AI usage intensity for a…

Human-Computer Interaction · Computer Science 2026-05-22 Michael Caosun , Sinan Aral

Administrative burden has been growing in organizations despite many counterproductive effects. We develop a system dynamics model to explain why this phenomenon occurs and to explore potential remedies. Prior literature has identified…

Physics and Society · Physics 2025-05-19 Vicky Chuqiao Yang , Levi Grenier

Large language models (LLMs) are increasingly being deployed in high-stakes applications like hiring, yet their potential for unfair decision-making remains understudied in generative and retrieval settings. In this work, we examine the…

Computation and Language · Computer Science 2025-09-05 Preethi Seshadri , Hongyu Chen , Sameer Singh , Seraphina Goldfarb-Tarrant

This paper is about the possible negative impact of excessive collaboration on the performance of top employees. With the rise of participatory culture and developments in communications technology, management practices require greater…

Applications · Statistics 2020-04-29 Anna Velyka , Marco Guerzoni

Health trackers are widely adopted to support individuals with daily health and wellness activity tracking. They can help increase steps taken, enhance sleeping pattern, improve healthy diet, and promote the overall health. Despite the…

Human-Computer Interaction · Computer Science 2019-04-18 Ahmed Fadhil

We study the consequences of job markets' heavy reliance on referrals. Referrals lead to more opportunities for workers to be hired, which lead to better matches and increased productivity, but also disadvantage job-seekers with few or no…

General Economics · Economics 2026-04-10 Lukas Bolte , Nicole Immorlica , Matthew O. Jackson

In decision-making, individuals often rely on intuition, which can occasionally yield suboptimal outcomes. This study examines the impact of intuitive decision-making on individuals who are confronted with limited position information in…

Physics and Society · Physics 2024-05-07 Fanyuan Meng , Hui Xiao , Xinlin Wu , Xiaojun Hu , Xiaojie Niu , Sheng Chen , Yu Liu

Women comprise the majority of students and early-career scholars in psychology, yet they are less likely to remain active in research over time. This pattern raises a central question: At what stages of academic careers do women…

Social and Information Networks · Computer Science 2026-05-27 Xinyi Zhao , Anna I. Thoma , Ralph Hertwig , Dirk U. Wulff

Ride-sourcing drivers as individual service suppliers can freely adopt their own relocation strategies including waiting, cruising freely, or following the platform recommendations. These decisions substantially impact the balance between…

Physics and Society · Physics 2022-08-05 Peyman Ashkrof , Gonçalo Homem de Almeida Correia , Oded Cats , Bart van Arem

This paper explores asset pricing implications of unemployment risk from sectoral shifts. I proxy for this risk using cross-industry dispersion (CID), defined as a mean absolute deviation of returns of 49 industry portfolios. CID peaks…

Pricing of Securities · Quantitative Finance 2023-01-24 Mykola Pinchuk

Employee well-being is a critical concern in the contemporary workplace, as highlighted by the American Psychological Association's 2021 report, indicating that 71% of employees experience stress or tension. This stress contributes…

Computation and Language · Computer Science 2024-02-05 David W. Vinson , Mihael Arcan , David-Paul Niland , Fionn Delahunty

Due to the increasing nature of flexible work and the recent requirements from COVID-19 restrictions, workplaces are becoming more hybrid (i.e. allowing workers to work between traditional office spaces and elsewhere including from home).…

Computers and Society · Computer Science 2020-08-03 Mohammad Saiedur Rahaman , Shaw Kudo , Tim Rawling , Yongli Ren , Flora D. Salim

Labor share, the fraction of economic output accrued as wages, is inexplicably declining in industrialized countries. Whilst numerous prior works attempt to explain the decline via economic factors, our novel approach links the decline to…

General Economics · Economics 2024-01-05 B. N. Kausik

Economic unions are international agreements oriented to increase economic efficiency and establishing political and cultural ties between the member countries. Becoming a member of an existing union usually requires the approval of both…

Physics and Society · Physics 2022-06-08 Carlos Gracia-Lázaro , Fabio Dercole , Yamir Moreno

Large-scale administrative data is a common input in early warning systems for college dropout in higher education. Still, the terminology and methodology vary significantly across existing studies, and the implications of different…

Computers and Society · Computer Science 2024-01-15 Dominik Glandorf , Hye Rin Lee , Gabe Avakian Orona , Marina Pumptow , Renzhe Yu , Christian Fischer

Labor mobility is a critical source of technology acquisition for firms. This paper examines how artificial intelligence (AI) knowledge is disseminated across firms through labor mobility and identifies the organizational conditions that…

General Economics · Economics 2025-11-05 Xiaoning Wang , Chun Feng , Tianshu Sun