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作者:Birge, John R.
作者单位:University of Chicago
摘要:George Dantzig introduced the world to the power of optimization, creating trillions of dollars of value and saving countless years of life across the globe. Linear programs and Dantzig's many other contributions to optimization have driven enormous increases in productivity throughout the global economy. Linear programming has also become a vital tool in advancing artificial intelligence and machine learning.
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作者:Wang, Zhongbin; Liu, Yunan; Fang, Lei
作者单位:Tianjin University; North Carolina State University; Nankai University
摘要:We study a vacation queueing model where an arriving customer, upon finding the server to be on vacation, is offered an opportunity to pay a fee to instantaneously end the server's vacation, which is referred to as pay-to-activate-service (PTAS). If no one utilizes PTAS, the service will automatically resume when the system's workload reaches a critical level. We investigate customers' equilibrium strategies: (i) joining or balking and (ii) if joining, accepting PTAS or rejecting PTAS, in resp...
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作者:Jola-Sanchez, Andres F.
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Warfare afflicts millions and creates unparalleled operational challenges in the developing world. With data from war-torn Colombia, I examine the effects of civil war on firms' total factor productivity (TFP) using propensity score and conflict hotspot models. I find that warfare increases TFP in service firms, such as public administration and defense, by up to 12.68%, whereas it decreases TFP in manufacturing and other nonservice companies by up to 3.64% a year after a violent episode occur...
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作者:Yang, Chaolin; Guo, Liang; Zhou, Sean X.
作者单位:Shanghai University of Finance & Economics; Chinese University of Hong Kong; Chinese University of Hong Kong
摘要:We study how customer satisfaction affects platforms' advertising competition and their equilibrium market shares and profits. Consider a market with multiple competing (online) platforms, all of which decide advertising outlay to maximize their own average profit. A customer chooses which platform to visit depending on her experience of the last purchase and on the platforms' advertising outlays. After purchasing from a platform, with certain probability (satisfaction probability), the custom...
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作者:Sun, Can; Ji, Yonghua
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Alberta
摘要:Internet of Things (IoT) technology utilizes sensors and other internet-enabled devices to collect and share data. It is widely regarded as a disruptive technology that brings tremendous opportunities to supply chain members. This study uses a game-theoretical model to study an e-commerce setting in which an online platform provides IoT infrastructure and a manufacturer sells its products on the platform. Our work examines the interaction among the manufacturer's IoT investment decision, the p...
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作者:Yuan, Yue; Deily, Mary E.; Yao, Yuliang
作者单位:Lehigh University
摘要:We study consumers' valuation of status signals by estimating their willingness to pay for a luxury item with a quiet vs. a prominent logo. We collected data from two online markets on sales of two luxury handbags that differ principally in the prominence of their logo. We use these data to estimate the premium in consumers' willingness to pay for the handbag with the quiet logo, and to estimate how the condition of the handbag affects that premium. We find consumers are willing to pay a sizea...
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作者:Srai, Jagjit Singh; Joglekar, Nitin; Tsolakis, Naoum; Kapur, Sandeep
作者单位:University of Cambridge; Boston University; Punjab Agricultural University
摘要:Competing and coexisting policies (CACPs) may arise from the incompatibility of incentives, standards, and regulatory models between a local state and a federal government, or between two government jurisdictions across which supply networks operate. Traditional studies of supply chain dynamics typically explore the impact of policy regimens as standalone instruments. This study explores how the interplay between CACP regimens can affect the supply dynamics between producers, customers, and th...
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作者:Yang, Cenying; Feng, Yihao; Whinston, Andrew
作者单位:City University of Hong Kong; University of Texas System; University of Texas Austin; University of Texas System; University of Texas Austin
摘要:Failing to sell fresh produce before expiration not only hurts the bottom line of grocery retailers, but also leads to food waste. This work combines dynamic pricing and information disclosure to help retailers to effectively sell fresh produce and promote sustainability. We focus on a quality-based pricing strategy and whether retailers should disclose information on food quality to customers. We consider a model where a monopolistic retailer sells fresh produce to customers who have differen...
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作者:Ozturk, O. Cem; Tereyagoglu, Necati
作者单位:University of South Carolina System; University of South Carolina Columbia
摘要:Traditional analyses of firms that compete in multiple markets examine settings in which firms sell directly to consumers. However, in many industries, firms sell their products through intermediaries. Importantly, these firms usually have common intermediaries, and the degree of this overlap varies across markets and over time. We empirically study the effect of the asymmetry of distribution channel relationship overlap across markets on retail prices. An increase in distribution channel rela...
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作者:Gupta, Sushil; Parra, Carlos M.; Kumar, Subodha
作者单位:State University System of Florida; Florida International University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:In this paper, we provide brief summaries of the papers included in the special issue on Business Analytics: Emerging Practice and Research Issues. There are eight papers, including this study, published in the special issue. We also categorize papers across different themes and present emerging research directions for business analytics-related problems in different domains.