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作者:Goldberg, David A.; Reiman, Martin, I; Wang, Qiong
作者单位:Cornell University; Columbia University; University of Illinois System; University of Illinois Urbana-Champaign
摘要:It has long been recognized that many inventory models most relevant to practice are inherently high-dimensional, and hence generally believed to become computationally intractable as certain problem parameters grow large (suffering from the curse of dimensionality). In the last decade, asymptotic analysis has shown that in many interesting settings such problems can actually be well-approximated by much simpler optimization problems, leading to new algorithms and insights. In this survey, we ...
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作者:Hao, Zhongyuan; Jiang, Li
作者单位:Dongbei University of Finance & Economics; Hong Kong Polytechnic University
摘要:Amid the rapid development of technology, an increasing number of suppliers sell directly as well as through the retail channel, competing with retailers in the market with uncertain demand. Each firm has exclusive access to a signal useful in updating market forecast. The quality of the signal received exclusively by a supplier is low when it adheres to the retail channel but improves after it engages in direct selling. Firms communicate signals along two directions. Competing suppliers or re...
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作者:Corbett, Charles
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作者:Rahmani, Morvarid; Gui, Luyi; Atasu, Atalay
作者单位:University System of Georgia; Georgia Institute of Technology; University of California System; University of California Irvine; INSEAD Business School
摘要:We study recycling technology choice, a critical factor that has received little attention in the context of extended producer responsibility, and its interaction with product design-for-recycling in driving the environmental benefits of recycling systems. Collective recycling systems have long been criticized for restricting the environmental benefits of extended producer responsibility because of free riding issues among producers, which can undermine incentives for product design-for-recycl...
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作者:Chakravarty, Amiya K.
作者单位:Northeastern University
摘要:Agencies that provide relief to disaster survivors raise funds from diversified sources, such as foundations, private donors, and lenders. The output of a relief operation, such as lives saved, is a function of several factors: disaster intensity, relief agency's effectiveness, and the size of donor fund. In an uncertain funding environment with delays, a stop-gap loan can help decrease deprivation at the onset of disaster. When funding materializes, surplus fund net of loan and interest facil...
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作者:Li, Zhaolin; Kirshner, Samuel N.
作者单位:University of Sydney; University of New South Wales Sydney
摘要:We analyze a salesforce principal-agent model where both the firm and sales agent have limited information on the effort-dependent demand distribution, creating two-sided ambiguity. Under the max-min decision criteria, the firm offers a contract to the agent who exerts unobservable effort to influence the demand distribution. We formulate the problem as a semi-infinite program and use the agent's shadow prices to construct the least expensive contract. Next, we use the least expensive contract...
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作者:Ding, Ying; Tu, Yanping; Pu, Jingchuan; Qiu, Liangfei
作者单位:Renmin University of China; Peking University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; State University System of Florida; University of Florida
摘要:The operations management literature has recently begun to analyze how novel data sources help practitioners better understand product demand. We extend this stream of research by analyzing how air quality, a prominent environmental factor that has received little attention in prior studies, can impact product demand. Specifically, we examine how air quality affects the demand for different product color options, and find a greater demand for blue-color product option on air-polluted days (vs....
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作者:Lee, Hau L.
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作者:Yi, Zelong; Wang, Yulan; Chen, Ying-Ju
作者单位:Shenzhen University; Hong Kong Polytechnic University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
摘要:We consider an agricultural supply chain consisting of a capital-constrained smallholder farmer and an intermediary platform. The smallholder farmer sells agricultural products through the intermediary platform but lacks financial resources for planting. In addition to traditional bank financing (provided by a bank), the creditworthy intermediary platform can provide loans directly to the farmer (known as direct financing) or serve as a guarantor if the farmer's creditworthiness is insufficien...
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作者:Gupta, Sudip
作者单位:Fordham University
摘要:In this study, we formulate and estimate a dynamic procurement auction game where bidder asymmetry due to synergy is endogenous. The seller sells multiple goods via a sequence of first-price auctions. While bidders are ex-ante symmetric, the first-period winner has a valuation advantage as a result of such synergy in the second-period bidding game and becomes a strong bidder. This endogenous synergy creation leads to overbidding in the first-period auction relative to a static bidding game. We...