We study a multi-armed bandit problem with dependent arms. The decision maker dynamically chooses an arm out of finitely many arms to maximize her total expected discounted net benefit over an infinite time horizon. Pulling each arm incurs a particular cost and provides a certain reward. Arms' rewards are dependent on each other through a common parameter unknown to the decision maker. Thus, by pulling one arm, the decision maker also collects information about the other arms.
Work scheduling research typically prescribes task sequences implemented by managers. Yet employees often have discretion to deviate from their prescribed sequence. Using data from 2.4 million radiological diagnoses, we find that doctors prioritize similar tasks (batching) and those tasks they expect to complete faster (shortest expected processing time).
There is a growing trend among consumers to serially consume small, incomplete “chunks” of multiple media types – television, radio, Internet and print – within a short time period. We refer to this behavior as “media multiplexing” and note that key challenges for integrated marketing communications (IMC) media planners are (1) predicting which media or combination their target audience is likely to consume at any given time and (2) understanding potential substitutions and complementarities in their joint consumption.
We examine how freedom of speech protections affect the nature and extent of employee disclosure. To identify the effect of freedom of speech protections, we use anti-strategic lawsuit against public participation (anti-SLAPP) laws, which punish lawsuits that censor or silence critics. We examine the effect of anti-SLAPP laws using a within firm-year design that compares employee disclosures for the same firm at the same point in time.
After careful consideration, we have decided to cancel this event. Given the continued uncertainty of the COVID-19 situation, the status of University operations at this time, and the national impacts on travel, we're confident this is the right decision. If you have any questions regarding this event, please contact the event administrator, Kim Allen via email at kim_allen@kenan-flagler.unc.edu.
After careful consideration, we have decided to cancel this event. Given the continued uncertainty of the COVID-19 situation, the status of University operations at this time, and the national impacts on travel, we're confident this is the right decision. If you have any questions regarding this event, please contact the event administrator, Kim Allen via email at kim_allen@kenan-flagler.unc.edu.
After careful consideration, we have decided to cancel this event. Given the continued uncertainty of the COVID-19 situation, the status of University operations at this time, and the national impacts on travel, we're confident this is the right decision. If you have any questions regarding this event, please contact the event administrator, Kim Allen via email at Kim_Allen@kenan-flagler.unc.edu.
The Kenan Scholars program has exploratory funds allocated for scholars to attend conferences and other activities that contribute to their education in a meaningful way. Because of the exploratory fund, senior scholar Emily Arnold attended the 2019 Solutions for Affordable Housing Conference in Washington, D.C., on Dec. 3 and 4.
On February 5, Odum Institute Assistant Director for Education and Qualitative Methods Paul Mihas introduced our Kenan Scholars to qualitative research methods and described resources available to them at the Odum Institute,
Social media have emerged as important channels to disseminate quality information to consumers in a variety of service settings. Their influence has recently spread to healthcare services, for which government report cards have long been established to disclose rigorous and credible quality information to the public. Given the presence of government report cards, do social media even matter in affecting consumer choice?
Elizabeth City’s newest jobs creation partnership set sail literally and figuratively on Friday, Sept. 28, as two Coast Guard search-and-rescue boats took participants on a brief tour of the city’s harbor before dropping them off for a panel discussion and luncheon at The Center at Arts of the Albemarle.
Kenan Institute Board of Advisors Chair Karen A. Popp is the recipient of the inaugural Award for Services to Diversity, bestowed by the Global Investigations Review (GIR).
UNC Kenan-Flagler Business School presented alumni merit, leadership and Hall of Fame Awards to business and academic leaders who exemplify the school’s core values and have contributed to its success. Urban Investments Strategies Center Director Jim Johnson was honored with the Leadership Award for his more than 30 years of service to Kenan-Flagler.
On Jan. 18, members of the Kenan Scholars program met up on a sunny afternoon to assist in building senior housing with Habitat for Humanity of Orange County. In support of affordable housing, scholars suited up in gloves and goggles to prep and install windows and shower stalls.
Times are tough for universities. Leaders on campus are facing more pressure than ever – strategic, operational, and financial. How do we manage our administrative functions efficiently to free up resources for our core dual mission of teaching and research?
This paper examines private equity (both buyout and venture funds) performance around the globe using four data sets from leading commercial sources. For North American funds, our results echo recent research findings: buyout funds have outperformed public equities over long periods of time; in contrast, venture funds saw performance fall after spectacular results for vintages in the 1990s. For funds outside North America, buyout funds show performance similar to those in North America while venture fund performance is weaker than in North America. Venture samples outside North America are, however, relatively small and strong conclusions await further research. The similarity of performance estimates across the data sets strengthens confidence in conclusions about the results of private equity investing.
Preparing students to deal with ethical issues in the workplace is the goal of “Resisting Corporate Corruption: Cases in Practical Ethics from Enron through the Financial Crisis” by Stephen Arbogast, a professor at the University of North Carolina Kenan-Flagler Business School.
Blouin, a member of the Kenan Institute Board of Advisors, told Knowledge at Wharton that proposals to levy a 1% excise tax on corporate share buybacks and a 15% minimum tax on corporations that report more than $1 billion in book profits or in their financial statements were ill-conceived and based on misconceptions of corporate behavior.
Rodney E. Hood, National Credit Union Administration board member, discusses recent ESG-related legislation and the role governments can play during a panel at the February 2023 Frontiers of Business Conference.
This work examines the effects on worker psychological well-being and productivity of highly publicized negative identity-related societal events, such as the 2020 murder of George Floyd, mass shootings like the 2016 Pulse nightclub shooting that targeted LGBTQ+ individuals, and the 2021 Atlanta area Spa shootings that targeted individuals of Asian descent.