摘要：This paper studies surprise clearance as an innovative business model to increase store profit and reduce food waste. A store hold

好物勿弃——通过盲盒清货降低食物浪费

Too Good to Go: Combating Food Waste with Surprise Clearance

讲座信息

主讲人

于漫教授

香港科技大学

日期和时间

2025年4月2日（周三）

10:30-12:00

地点

综合教学楼D604会议室

论文摘要

This paper studies surprise clearance as an innovative business model to increase store profit and reduce food waste. A store holding surprise clearance sells “surprise bags” composed of surplus food that would otherwise become waste. At the time of ordering, consumers are uncertain about the quantity of food items included in a surprise bag. We model surprise clearance and compare it with both no clearance and transparent clearance, which sets a transparent unit clearance price based on the amount of surplus food after regular sales. We find that surprise clearance achieves the highest store profit and induces the most store production among the three selling schemes. While both clearance schemes have the ability to eliminate store waste, the store effectively does so under surprise clearance but deliberately does not under transparent clearance. In fact, transparent clearance may generate even more store waste than no clearance. Further, both clearance schemes exacerbate the problem of consumer waste compared to no clearance, and despite zero store waste, surprise clearance generates the most consumer waste among the three schemes. If clearance sales target a consumer segment with a sufficiently low valuation of consumption, both clearance schemes reduce total food waste and surprise clearance represents a win-win solution that maximizes store profit and minimizes total waste among the three schemes. However, there are circumstances under which both clearance schemes fail to reduce total waste, and surprise clearance may end up with the most total waste among the three schemes.

主讲人简介

于漫教授

香港科技大学

于漫教授现为香港科技大学商学院资讯系统、商业统计及营运管理系（ISOM）教授。她获得密歇根大学罗斯商学院的工商管理博士学位，并获得了清华大学经济管理学院的管理科学学士和硕士学位。研究兴趣包括基于消费者行为建模的定价和收益管理、运营和营销的交叉领域以及供应链管理。目前担任UTD24期刊《Production and Operations Management》的资深编辑和《Decision Sciences》的副编辑。

理性疏忽与实际汇率

Rational Inattention and Real Exchange Rates

讲座信息

主讲人

李溦博士

上海高级金融学院

日期和时间

2025年4月3日（周四）

10:30-12:00

地点

综合教学楼D904会议室

论文摘要

In this paper, we study the consumption-portfolio decision of individual households with limited information-processing capacity (i.e., rational inattention or RI) in a two-country equilibrium model with recursive utility. Under RI, individual households react gradually to asset return innovations and take the resulting long-run consumption risk into account, which leads to less volatile and less cross-country correlated stochastic discount factors. Despite the high correlation of international stock markets, our RI model can generate: (i) a close-to-zero or negative correlation between relative consumption growth and real exchange rate depreciations (the Backus-Smith puzzle); (ii) smooth fluctuations in real exchange rates; and (iii) smooth consumption growth relative to real exchange rates.

主讲人简介

李溦博士

上海高级金融学院

李溦是上海高级金融学院（SAIF）的副研究员。她的研究领域集中在宏观经济学和国际金融，特别关注信息摩擦对全球金融联系和政策制定的影响。

经纪自营商与企业高管的私有收益：

基于节税股票赠与的证据

Broker-Dealers and Executive Private Benefits:

Evidence from Tax-Saving Stock Gifts

讲座信息

主讲人

Ben Charoenwong教授

欧洲工商管理学院 (新加坡校区)

日期和时间

2025年4月7日（周一）

10:30-12:00

地点

综合教学楼D804会议室

论文摘要

We study how financial intermediary external oversight affects managerial self-dealing. Following an increase in external scrutiny of broker-dealers in the early 2010s, we document a decline in the backdating of executive stock gifts. This reduction amounts to approximately $100,000 in lost tax benefits per executive annually. Treatment effects are stronger for broker-dealers with weaker pre-existing controls, those offering more complex financial services like financial planning, and those with previous misconduct history. Our findings highlight how intermediary oversight can serve as a mechanism for curbing private benefit extraction, complementing direct regulation of corporate insiders.

主讲人简介

Ben Charoenwong教授

欧洲工商管理学院 (新加坡校区)

Ben 是欧洲工商管理学院（新加坡校区）的金融学副教授。此前，他曾担任新加坡国立大学助理教授，以及亚洲数字金融研究所和新加坡国立大学金融科技实验室的附属教员。他的研究重点是金融监管、金融科技和网络结构，并在《American Economic Review》、《Journal of Financial Economics》、 《Science Advances》、《Review of Finance》和《Manufacturing and Service Operations Management》等期刊上发表论文。他的研究还被美国证券交易委员会、法国经济分析委员会、日本内阁府的政策报告、 CFA 协会、《经济学人》、路透社和 Seeking Alpha 等媒体的行业报告引用。他在芝加哥大学布斯商学院获得金融学博士学位和工商管理硕士学位，并在密歇根大学安娜堡分校获得经济学（荣誉）、统计学（荣誉）和金融数学理学学士学位。

来源：新浪财经