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作者：Anderson, David; Bjarnadottir, Margret Vilborg; Ross, David Gaddis
作者单位：Villanova University; University System of Maryland; University of Maryland College Park; State University System of Florida; University of Florida
摘要：Employers are under increasing pressure from regulators, investors, and their own employees to address gender pay inequity in their compensation structure. However, managers tasked with measuring and closing gender and other pay gaps have few helpful quantitative tools at their disposal. We design and implement an algorithm that measures whether an employer has a pay gap and suggests salary adjustments to close it, all while supporting the employer's goals with respect to equity, culture, and ...
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作者：Fang, Fang; Jiang, Baojun; Sun, Jiong
作者单位：California State University System; California State University Los Angeles; Washington University (WUSTL); Purdue University System; Purdue University; Purdue University System; Purdue University
摘要：Firms sometimes acquire partial ownership of their upstream suppliers. Such ownership entails no direct control over the target firm's decision-making; however, both firms might change their pricing strategies after forming a partial ownership relationship. This paper studies the economic impacts of partial vertical ownership (PVO) in a market with downstream competition, where a manufacturer supplies two competing retailers. We find that dividend payments between firms can alter firms' incent...
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作者：Yin, Qianbo; Jiang, Baojun; Zhou, Sean Xiang
作者单位：Shanghai University of Finance & Economics; Washington University (WUSTL); Chinese University of Hong Kong; Washington University (WUSTL)
摘要：Bundling can change consumers' choice set and affect their purchase decision. It is well documented that consumers' preferences depend on the bundling context. In this paper, we investigate the effects of consumers' context-dependent preferences (CDPs) on the firm's optimal bundling strategy in various competitive situations. We consider a market where a monopolist firm in product category A also sells a product in product category B. We analyze three scenarios in category B: (1) an independen...
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作者：Chan, Tian Heong; Liu, Haibo; Keck, Steffen; Tang, Wenjie
作者单位：Emory University; University of California System; University of California Riverside; University of Vienna; Emory University
摘要：Research has demonstrated that certain team composition factors-high expertise similarity, high network cohesion, and mixed-gender teams-have predominantly negative effects on the teams' invention outcomes. Yet these factors have also been shown to improve team coordination, which should (in theory) lead to better invention outcomes. We address this tension by highlighting the need to consider the invention's integrality, which increases task interdependencies among team members and thereby st...
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作者：Chung, Sunghun; Kim, Keongtae; Lee, Chul Ho; Oh, Wonseok
作者单位：George Washington University; Chinese University of Hong Kong; Korea Advanced Institute of Science & Technology (KAIST); Korea Advanced Institute of Science & Technology (KAIST)
摘要：Online peer-to-peer (P2P) lending has emerged as an innovative financial technology (FinTech) platform that renders financial services that are potentially more inclusive and affordable than those offered by traditional financial institutions. A similar purpose is served by cryptocurrency markets, where transaction costs are reduced and financial accessibility is improved based on disruptive technologies such as blockchain and distributed ledgers. Despite these developments, however, in the op...
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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：Wang, Yu; Zhang, Yu; Zhou, Minglong; Tang, Jiafu
作者单位：Northeastern University - China; Southwestern University of Finance & Economics - China; Fudan University; Dongbei University of Finance & Economics; Dongbei University of Finance & Economics
摘要：Patient features such as gender, age, and underlying disease are crucial to improving the model fidelity of surgery duration. In this paper, we study a robust surgery scheduling problem augmented by patient feature segmentation. We focus on the surgery-to-operating room allocations for elective patients and future emergencies. Using feature data, we classify patients into different types using machine learning methods and characterize the uncertain surgery duration via a feature-based cluster-...
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作者：Kouvelis, Panos; Matsuo, Hirofumi; Xiao, Yixuan; Yuan, Quan
作者单位：Washington University (WUSTL); Tokyo International University; Washington State University; Zhejiang University
摘要：We study a long-term service agreement (LTSA) between an original equipment manufacturer (OEM) of a conventional power generator and a utility firm in the electricity supply chain. The OEM offers the LTSA to the utility firm, which specifies the service fee and the maintenance interval. The utility firm dynamically chooses among different resources (conventional, renewable, or emergency) to meet energy demand. An LTSA contracts on a generator's long-term production schedule (i.e., the usage ti...
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作者：Hall, Nicholas G.; Liu, Zhixin
作者单位：University System of Ohio; Ohio State University; University of Michigan System; University of Michigan Dearborn
摘要：The study of time-inconsistent decision-making, in particular present bias, has greatly influenced the field of behavioral economics over the last two decades. Moreover, it has resulted in the design and implementation of widely used incentive schemes for various important applications. However, the effect of present bias on decision-making for operational problems has been studied less. This work considers the effect of present bias in a simple scheduling system that requires decisions about ...
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作者：Guda, Harish; Dawande, Milind; Janakiraman, Ganesh
作者单位：Arizona State University; Arizona State University-Tempe; University of Texas System; University of Texas Dallas; Arizona State University; Arizona State University-Tempe
摘要：We propose and analyze a novel framework to understand the role of noninstrumental information sharing in service operations management, that is, information shared by the firm not to affect consumers' actions, but to better manage their experience in the firm's process. The operations of the firm are organized as a process, consisting of a sequence of tasks, each of random duration. The firm shares real-time information with the consumer about the progress of their flow unit in the firm's pro...
