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作者:Dong, Chang; Lei, Yong; Liu, Qian
作者单位:Durham University; Southwestern University of Finance & Economics - China; Hong Kong University of Science & Technology
摘要:For generation products characterized by frequent releases of new versions, when a new version is introduced to the market, the current version usually still has a remaining useful life. This creates a challenge for a firm to manage used product collection and upgraded product introductions at the same time, especially with the presence of a secondary market. This paper develops an analytical model to study the design and evaluation of two widely adopted collection policies for used products. ...
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作者:Gopalakrishnan, Sanjith; Sankaranarayanan, Sriram
作者单位:McGill University; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; McGill University
摘要:Firms in interorganizational networks are exposed to interdependent risks that are transferable across partner firms, such as contamination in food supply chains or data breaches in technology networks. They can be decomposed into intrinsic risks a firm faces from its own operations and extrinsic risks transferred from its partners. Firms have access to two security strategies: either they can independently eliminate both intrinsic and extrinsic risks by securing their links with partners or, ...
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作者:Anderson, Edward; Gupta, Sushil; Joglekar, Nitin; Starr, Martin
作者单位:University of Texas System; University of Texas Austin; State University System of Florida; Florida International University; Boston University; Rollins College; Columbia University; Boston University
摘要:COVID-19 pandemic has revealed how unprepared operations and supply chain professionals are for abnormal conditions. Understanding how the production and operations management field can affect the trajectory and especially the remediation of pandemics is a critical, but understudied, area of research from descriptive, predictive, and prescriptive perspectives. Fourteen research articles in this special issue have attempted to fill this gap with rigor. We first summarize these articles in six c...
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作者:Akkas, Arzum; Honhon, Dorothee
作者单位:Boston University; University of Texas System; University of Texas Dallas
摘要:Products approaching the end of their shelf life on retail store shelves are more likely to result in food waste. For this reason, manufacturers establish shipping policies related to the age of the products that leave their warehouses, that is, they set a maximum age beyond which shipping to retail stores is no longer allowed. In practice, most existing policies are simple one-size-fits-all rules that do not accommodate the varying characteristics of the products. We offer a framework that ma...
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作者:Zhang, Wei; Gao, Long; Zolghadr, Mohammad; Jian, Dawei; El Hafsi, Mohsen
作者单位:Zhejiang University; University of California System; University of California Riverside; University of Wisconsin System; University of Wisconsin Milwaukee; University of California System; University of California Riverside
摘要:The rise of contract farming has transformed millions of farmers' lives. We study a new class of contract farming problems, where the farmer holds superior information and can invest effort to improve productivity over time. Despite their prevalence, the literature offers little guidance on how to manage such farmers with dynamic incentives. We build a game-theoretic model that captures the dynamic incentives of learning and gaming, with hidden action and information. We characterize the optim...
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作者:Han, Jinhui; Sethi, Suresh P.; Siu, Chi Chung; Yam, Sheung Chi Phillip
作者单位:Chinese University of Hong Kong; University of Texas System; University of Texas Dallas; Hang Seng University of Hong Kong
摘要:We consider a dynamic Stackelberg game between a manufacturer and a retailer facing a randomly changing market environment (boom-bust cycle) modeled as a Markov process over time. The manufacturer announces the national advertising effort and a cooperative (co-op) advertising subsidy, and the retailer sets the local advertising effort. We derive the optimal feedback equilibrium advertising strategies and show that the channel members are forward-looking in their advertising decisions. In the s...
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作者:Limon, Yasemin; Tang, Christopher S.; Tanrisever, Fehmi
作者单位:Ihsan Dogramaci Bilkent University; University of California System; University of California Los Angeles
摘要:Should a firm begin its production even before its new product is approved? In a competitive market with time-sensitive consumers, a firm may choose to adopt the concurrent process by conducting the approval process and the production process in parallel so that the product will become available for sale once approved. However, to avoid incurring upfront (production related) investments that are nonrecoverable should the product fail to receive approval, a firm may opt for the sequential proce...
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作者:Li, Yiming; Li, Gang; Pan, Xiajun Amy
作者单位:Xi'an Jiaotong University; Xidian University; State University System of Florida; University of Florida; Xi'an Jiaotong University
摘要:We study return shipping insurance (RSI) policies prevalent on platforms such as JD.com and Taobao.com. Retailers on those platforms can purchase and provide RSI for consumers (RRSI) or offer an option for consumers to buy RSI themselves (CRSI). With either RSI, consumers will be partially compensated by an insurer for their shipping fees associated with product returns. As the consumers' uncertainty about product fit is realized only after purchase, their decisions whether to purchase CRSI ma...
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作者:Deore, Aishwarrya; Krishnan, Ranjani; Nair, Anand
作者单位:Georgetown University; Michigan State University; Michigan State University's Broad College of Business; Michigan State University; Michigan State University's Broad College of Business
摘要:Ensuring continuity of care for patients after an intensive hospitalization episode is a complex dilemma that plagues the US health-care system. Despite its influence on health outcomes such as mortality and readmissions, it is difficult to construct policy instruments such as report cards or penalties for improving continuity of care due to the fragmented nature of post-intensive hospitalization care. However, policy instruments that target other related health outcomes can also benefit conti...
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作者:Burkhardt, Maximilian; Nitsch, Felix Jan; Spinler, Stefan; van Wassenhove, Luk
作者单位:WHU - Otto Beisheim School of Management; INSEAD Business School; INSEAD Business School; INSEAD Business School
摘要:Humanitarian workers often operate under highly stressful conditions, view emotional scenes, and face high time pressures. This may bias managerial decision-making in humanitarian logistics, but evidence is lacking. We model humanitarian logistics decisions in an adapted newsvendor setting. We experimentally expose participants to time pressure, noise, and emotional pictures. Using physiological and self-reported data, we confirm that these manipulations have different effects on two component...