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作者:Chen, Xi; Gao, Jianjun; Ge, Dongdong; Wang, Zizhuo
作者单位:New York University; Shanghai University of Finance & Economics; The Chinese University of Hong Kong, Shenzhen
摘要:We consider a seller who repeatedly sells a nondurable product to a single customer whose valuations of the product are drawn from a certain distribution. The seller, who initially does not know the valuation distribution, may use the customer's purchase history to learn and wishes to choose a pricing policy that maximizes her long-run revenue. Such a problem is at the core of personalized revenue management where the seller can access each customer's individual purchase history and offer pers...
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作者:Hu, Qiaohai (Joice); Kouvelis, Panos; Xiao, Guang; Guo, Xiaomeng
作者单位:Colorado School of Mines; Washington University (WUSTL); Hong Kong Polytechnic University
摘要:Previous studies on horizontal outsourcing between competing duopolists emphasize cost factors, such as economies of scale and/or variable cost advantages in Cournot markets, as potential explanations. Our paper studies horizontal outsourcing when two competing firms engage in Bertrand competition, and highlights the important role of sole sourcing commitment. We adopt the framework of a multistage duopoly game that comprises of an incumbent and an entrant. The incumbent has the capability to ...
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作者:Bansal, Saurabh; Muthulingam, Suresh
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:The United States has long recognized the potential of improved energy efficiency to profitably reduce energy consumption in manufacturing. The Department of Energy (DOE) has also recognized the potential and initiated several programs to enhance energy efficiency in manufacturing. Despite the attention, studies point out that many energy-efficiency opportunities remain unexploited. Increasingly, scholars have emphasized that behavioral factors could facilitate the uptake of energy-efficiency ...
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作者:Suurmond, Robert; Menor, Larry J.; Wynstra, Finn
作者单位:Maastricht University; Western University (University of Western Ontario); Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:We study service triads by examining the member-to-member exchanges underpinning service formation, functioning, and feedback. A service triad comprises two serviced customers from the supplier's standpoint and two service providers from the end user's standpoint, which can cause operational complexity and challenges. We view the service triad as an operating entity and study four information-rich cases to improve our understanding of this operational complexity. Leveraging scholarly knowledge...
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作者:Pun, Hubert; Hou, Pengwen
作者单位:Western University (University of Western Ontario); Tianjin University of Finance & Economics
摘要:We examine how different strategies can be used to protect global manufacturers from the prevalent issue of supplier copycatting in emerging markets. In particular, using a game-theoretical model, we consider a manufacturer that sells a product to an emerging market, which requires the completion of multiple tasks. The manufacturer can perform any of these tasks in-house or outsource any of them to an emerging market supplier. The former approach carries a higher cost, while the latter puts th...