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作者:Legros, Benjamin; van Leeuwaarden, Johan S. H.; Fransoo, Jan C.
作者单位:SKEMA Business School; Universite Cote d'Azur; Tilburg University
摘要:In reusable resources like vehicle sharing, city parking, and hotel services, resource units are used by consecutive customers for a stochastic usage time and are made available for future customers upon return. We model such reusable resources as Erlang loss systems, where customers who find all units occupied are blocked. Customers are rational decision-makers, and their willingness to join the system depends on factors such as price, time limits, service value, and resource availability. Wh...
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作者:Liebowitz, Stan; Ward, Michael; Zentner, Alejandro
作者单位:University of Texas System; University of Texas Dallas; University of Texas System; University of Texas Arlington
摘要:Prior to the Internet, many industries catering to mass audiences, particularly entertainment industries, tended to have very skewed sales distributions with most sales volume accruing to a small share of products (titles) generally known by terms such as blockbusters. The long tail hypothesis claims that increased Internet usage will weaken the dominance of blockbusters in these industries, so that the large number of obscure products, in aggregate, will become an important, perhaps primary, ...
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作者:Cheng, Xusen; Jin, Yue; Xu, Yue; Luo, Xin (Robert); Qiu, Liangfei
作者单位:Renmin University of China; University of International Business & Economics; University of New Mexico; State University System of Florida; University of Florida
摘要:The emergence of the sharing economy has catalyzed the proliferation of online knowledge payment platforms, empowering individuals possessing untapped knowledge to engage as sellers. Within this landscape, reputation plays a pivotal role in shaping the sales dynamics of knowledge products, which are categorized as credence goods. Unlike conventional sellers, who typically focus on internal reputation-building efforts, knowledge providers have the opportunity to cultivate an external reputation...
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作者:Li, Mei; Guo, Hong; Lee, Gyusuk; Shah, Rachna
作者单位:University of Oklahoma System; University of Oklahoma - Norman; Arizona State University; Arizona State University-Tempe; IE University; University of Minnesota System; University of Minnesota Twin Cities
摘要:In-game purchases have become the dominant source of revenue for developers of digital games and are critical to the growth of the digital game industry. However, the distribution of in-game purchases among gamers is highly skewed, where a very small proportion of gamers, labeled whales, account for the majority of in-game purchases, and a massive proportion of non-whales spend a minuscule amount. In this study, we explore how to improve in-game purchases by examining gamers' underlying belief...
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作者:Srivastava, Abhishek; Choi, Tsan-Ming; Shkula, Shipra; Devi, Yashoda
作者单位:Indian Institute of Management (IIM System); Indian Institute of Management Kashipur; University of Liverpool; Indian Institute of Management (IIM System); Indian Institute of Management Jammu
摘要:The second-hand market (SM) trades used products from the reverse channel. In practice, manufacturers such as Apple Inc. collect used products and sell refurbished products in the SM. However, third-party firms (TPFs) such as Gazelle independently manage the SM. Alternatively, the manufacturer may delegate the responsibility of managing the SM to a TPF under a contract or choose to operate in the SM with a TPF serving as a competitor. The optimal strategy to manage the SM is an important opera...
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作者:Liu, Mingda; Zhao, Yanlu; Xie, Xiaolei
作者单位:Tsinghua University; Durham University
摘要:The attended home healthcare (AHH) industry is experiencing rapid growth due to the rising demand from an aging population and the potential benefits of alleviating pressures on traditional healthcare resources. However, ensuring timely one-on-one AHH services for homebound patients remains a challenge because of cascading delays arising from uncertainties in travel and service times. To address this issue in last-mile homecare delivery, we develop a systematic cascading delay mitigation strat...
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作者:Zhang, Dongsong; Shan, Guohou; Lee, Minwoo; Zhou, Lina; Fu, Zhe
作者单位:University of North Carolina; University of North Carolina Charlotte; University of North Carolina; University of North Carolina Charlotte; Northeastern University; University of North Carolina; University of North Carolina Charlotte; University of North Carolina; University of North Carolina Charlotte
摘要:The proliferation of fake news, more recently multimodal fake news, poses a significant threat to individuals, organizations, and society. While online social media platforms have employed automated methods to combat fake news, they face two notable challenges: the scarcity of labeled data and the diversity of news domains. To enhance the effectiveness and efficiency of online platforms in mitigating the spread of fake news, this study proposes MT-GPD (multimodal deep transfer learning with ga...
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作者:Avinadav, Tal; Chernonog, Tatyana; Khmelnitsky, Eugene
作者单位:Bar Ilan University; Tel Aviv University
摘要:We study the design of a novel, flexible revenue-sharing contract between a platform and an app developer (or other digital content provider) when the parties hold heterogeneous beliefs with regard to the future income. The current contracts adopted by platforms in reality invoke a policy of two or three commission levels based on historical revenue data. We design a contract in which the commission is a continuous function of the revenue generated by the app or other digital content within th...
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作者:Xu, Haifeng; Xiang, Yidan; Ding, Yi; Zhang, Pengzhu; Tan, Bernard C. Y.; Gopal, Ram
作者单位:Shanghai Jiao Tong University; National University of Singapore; University of Warwick
摘要:In recent years, patients have increasing autonomy in medical decision-making. With great autonomy in selecting medical institutions, patients with low-risk diseases may opt for treatment in prestigious hospitals, which limits the access of patients with high-risk diseases to these hospitals. Moreover, due to limited medical knowledge and a fear of uncertainty regarding diseases, patients with greater medical autonomy may request various unnecessary medical tests to alleviate their health-rela...
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作者:Chen, Jun; Liu, Jianfeng; Ma, Xiaofang; Wang, Wenming
作者单位:Zhejiang University; Zhejiang University of Technology; Zhejiang University
摘要:Utilizing the introduction of the Trade Reporting and Compliance Engine (TRACE) as an exogenous shock to enhance secondary bond market transparency, we investigate the informational feedback effect of the bond market on supplier innovation in vertical relationships. We find that the increased availability of trading details regarding major customers' outstanding bonds significantly fosters their supplier firms' innovative investment. This positive effect of bond market transparency enhancement...