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作者:Chen, Hongqiao; Chen, Ying-Ju; Li, Yang; Zhang, Xiaoquan (Michael); Zhou, Sean X.
作者单位:Nanjing University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology; Western University (University of Western Ontario); Chinese University of Hong Kong
摘要:The resale of used products presents the challenge of cannibalization, particularly pronounced in digital goods markets where perfect substitutes are easily replicable. In this article, we assert that, rather than a threat, resale can serve as an effective pricing tool for managing heterogeneous demand. We consider a seller of digital goods/services who offers a contract to a heterogeneous group of customers at a fixed price for a specified amount of usage allowance. Rather than imposing restr...
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作者:Jung, Seung Hwan; Dong, Lingxiu; Kim, Dongnyoung; Qiu, Yunzhe
作者单位:Yonsei University; Washington University (WUSTL); California State University System; California State University San Marcos; Peking University
摘要:We study the impact of government financing designed to promote clean technology advancement. Government financing offers loans for financially constrained firms that manufacture and market clean-technology products. We build an analytical model to explore the impact of such government financing in the presence of market uncertainty. Our analysis shows that compared to prevalent commercial financing schemes such as bank financing and equity financing, government financing encourages firms to p...
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作者:Wu, Xuanyu; Yang, Min; Liang, Liang; Chen, Jingxian
作者单位:Hefei University of Technology
摘要:As the scale of renewable energy on the demand side continues to grow, a new demand response program (DRP), the virtual power plant (VPP), pays a rebate to the consumer and purchases his rooftop solar electricity. This electricity is dispatched to areas of electricity shortages, which is vital in balancing electricity loads and avoiding energy waste. However, the new DRP differs from the traditional DRP in terms of paying rebates. The traditional DRP requires consumers to respond above a speci...
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作者:Liu, Xiaotian; Hu, Ming; Peng, Yijie; Yang, Yaodong
作者单位:Peking University; University of Toronto; Peking University; Peking University
摘要:We apply heterogeneous-agent proximal policy optimization (HAPPO), a multi-agent deep reinforcement learning (MADRL) algorithm, to the decentralized multi-echelon inventory management problems in both a serial supply chain and a supply chain network. We also examine whether the upfront-only information-sharing mechanism used in MADRL helps alleviate the bullwhip effect. Our results show that policies constructed by HAPPO achieve lower overall costs than policies constructed by single-agent dee...
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作者:Cole, Dustin; Narayanan, Sriram; Connors, Elizabeth; Tewari, Meenu; Onda, Kyle
作者单位:Auburn University System; Auburn University; Michigan State University; Michigan State University's Broad College of Business; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine; Michigan State University; Michigan State University's Broad College of Business
摘要:Driven by climate change and overuse, water stress is a worsening sustainability concern that threatens businesses and communities across the globe. Leading global organizations such as the United Nations have expressed an urgent need for sustainable water management strategies across nations and economies. Yet, the field of supply chain management does not have a substantial research stream related to water. A key challenge is the lack of a persuasive organizing framework within this setting....
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作者:Kasper, Arno; Haeussler, Stefan; Land, Martin; Teunter, Ruud
作者单位:University of Groningen; University of Innsbruck
摘要:Offering bespoke products is the cornerstone of many competitive manufacturing strategies. The challenge for production control is allocating materials to individualized orders before they can be released to the shop floor. This requires joint evaluation of material inventory and workload control. However, these topics have been studied in isolation for 40 years, under the presumption of a hierarchical control design. This traditionally had the practical advantage of a reduced need for real-ti...
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作者:Ye, Hua Jonathan; Chua, Cecil Eng Huang
作者单位:University of Oklahoma System; University of Oklahoma - Norman; University of Missouri System; Missouri University of Science & Technology
摘要:Innovation contests have been increasingly used to address innovation problems of seeker firms. However, seeker firms complain about low-quality submissions obtained from these contests. Research suggests low-quality submissions may result from contestants' over-reliance on exploiting experience in solving similar contests. A more balanced approach in submissions involving exploitation and exploration (i.e., individual ambidexterity) will likely enhance creative performance. However, how ambid...
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作者:Yuan, Hui; Xu, Wei; Wang, Qili; Qiu, Liangfei
作者单位:Shanghai International Studies University; Renmin University of China; Renmin University of China; State University System of Florida; University of Florida
摘要:The beauty industry has experienced concurrent growth alongside an increased societal emphasis on aesthetics. The advent of digital platforms has not only propelled the expansion of the cosmetic sector but has also provided an avenue for in-depth scrutiny of cosmetic services. Digital platforms dedicated to discussing and analyzing cosmetic procedures offer unprecedented opportunities for researchers to examine service dynamics. This study explores the impact of information embedded in images ...
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作者:Lam, Wing Man Wynne; Liu, Xingyi
作者单位:University of Edinburgh; Aston University
摘要:Platforms provide great opportunities for independent sellers to experiment with new products. By facilitating transactions between trading parties, platforms can gather a huge amount of information about successful products and introduce their own versions of competing products. This phenomenon of platform encroachment has received attention from various stakeholders, and concerns have been raised about how it may marginalize independent sellers and hinder the development of the ecosystem. At...
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作者:Ding, Likang; Kolfal, Bora; Ingolfsson, Armann
作者单位:Dongbei University of Finance & Economics; University of Alberta
摘要:Recent empirical studies suggest that human behavior in queues causes workload-dependent service times. We investigate the translation of empirical service times into state-dependent queueing models. To this end, we identify two types of state-dependent models, static and dynamic, and two types of corresponding behavioral mechanisms. For example, we view customer early task initiation as a static mechanism and social speedup pressure as a dynamic mechanism. For each model type, we discuss beha...