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作者:Li, Rong; Yang, Liangbin; Yue, Xiaohang
作者单位:Syracuse University; University of Wisconsin System; University of Wisconsin Milwaukee; Syracuse University
摘要:Facing consumers' growing demand for fast order fulfillment, it is important yet challenging for franchise companies to best incentivize frequent inventory sharing among their independent franchise retailers or dealers to achieve channel coordination. Past literature has only addressed such channel coordination for one-time inventory sharing using contractual agreements, which unfortunately do not work for frequent inventory sharing. In this study, we consider multiple inventory-sharing opport...
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作者:Kuang, Yunjuan; Jiang, Li
作者单位:Hong Kong Polytechnic University
摘要:We consider a firm using presales with two payments-including an upfront deposit and a postponed arrear-to sell a product to time-inconsistent consumers under various return policies. With the passage of time, consumers decide whether to preorder the product by paying the deposit, whether to settle the balance by paying the arrear by the due date, and, when returns are allowed, whether to return a fully paid product for a refund after its fitness is revealed. Canceling a preorder before settli...
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作者:Feldman, Jacob; Jiang, Puping
作者单位:Washington University (WUSTL); Shanghai Jiao Tong University; Washington University (WUSTL)
摘要:In this paper, we consider an assortment optimization problem in which a platform must choose pairwise disjoint sets of assortments to offer across a series of T stages. Arriving customers begin their search process in the first stage, and progress sequentially through the stages until their patience expires, at which point they make a multinomial logit-based purchasing decision from among all products they have viewed throughout their search process. The goal is to choose the sequential displ...
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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: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:Liao, Chen-Nan; Chen, Ying-Ju; Chen, Vincent (Pei-Ming)
作者单位:National Taiwan University; Hong Kong University of Science & Technology; University of California System; University of California Berkeley; National Taiwan University
摘要:Medical rumors have become a threat to modern society. To study the spread and control of rumors, nonlinear differential equations modeling with the well-mixed assumption is commonly used. However, this approach ignores the underlying network structure which plays an important role in information spreading. We establish a generalized differential equations model to study the spread and control of medical rumors in a highly asymmetric social network. In our model, each node represents a group o...
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作者:Wang, Yang; Luo, Xueming; Lin, Zhijie
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Tsinghua University; Tsinghua University
摘要:Customers of two-sided platforms may succumb to choice overload due to the frequently overwhelming assortment in such markets. We investigate the effect of assortment size on consumers' purchase probability using a unique click-stream dataset from a large peer-to-peer meal delivery platform. To resolve the key endogeneity challenge that assortment size may be larger in areas where consumers experience greater utility from purchase, we introduce a novel causal inference strategy that exploits a...
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作者:Manchiraju, Chandrasekhar; Sohoni, Milind G.; Deshpande, Vinayak
作者单位:Michigan State University; Michigan State University's Broad College of Business; State University of New York (SUNY) System; University at Buffalo, SUNY; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要:Airlines showcase their on-time performance (OTP), a globally accepted operational performance metric, to demonstrate punctuality, service reliability, and attract air travelers. Airlines can adopt passive strategies, such as schedule padding, and active strategies, such as making operational changes/improvements, to improve their OTP. While there is a high degree of variation in airlines' OTP from year to year, it is unclear if and the extent to which airlines' active or passive actions impac...
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作者:Liang, Yanjie; Liu, Weihua; Li, Kevin W.; Dong, Chuanwen; Lim, Ming K.
作者单位:Tianjin University; University of Windsor; heSam Universite; ESCP Business School; University of Glasgow
摘要:Large-scale platforms (LSPs) with valuation and awareness advantages have enabled competing small-scale platforms (SSPs) to be embedded in their platforms. This compatibility strategy creates a new channel, that is, the compatible channel, through which customers can purchase services from SSPs via the LSPs. Additionally, numerous platforms have been introducing add-on services to enhance their profitability. In this study, we develop stylized game models to characterize the interaction betwee...
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作者:Liu, Jialu; Kim, Keehyung
作者单位:Shanghai Jiao Tong University; University of Waterloo
摘要:Firms have been proactively holding data science competitions via online contest platforms to look for innovative solutions from the crowd. When firms are designing such competitions, a key question is What should be a better contest design to motivate contestants to exert more effort? We model two commonly observed contest structures (one stage and two stage) and two widely adopted prize structures (high spread and low spread). We employ economic experiments to examine how contest design affe...