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作者：Chen, Zhi; Xie, Weijun
作者单位：City University of Hong Kong; Virginia Polytechnic Institute & State University
摘要：We study the fundamental stochastic newsvendor model that considers both demand and yield randomness. It is usually difficult in practice to describe precisely the joint demand and yield distribution, although partial statistical information and empirical data about this ambiguous distribution are often accessible. We combat the issue of distributional ambiguity by taking a data-driven distributionally robust optimization approach to hedge against all distributions that are sufficiently close ...
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作者：Shaheen, Iana; Azadegan, Arash; Roscoe, Samuel
作者单位：University of Arkansas System; University of Arkansas Fayetteville; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; University of Sussex
摘要：Do humanitarian organizations exhibit similar risk-taking behavior? This study analyzed 60 interviews from 24 case studies on four types of organizations involved in disaster response: established, expanding, extending, and emergent. By elaborating on organizational attention theory, this study investigated how organizational tasks, structures, attention, and context combine to influence organizational risk-taking behavior by different organizational types during sudden-onset disasters. Counte...
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作者：Feng, Zhichao; Dawande, Milind; Janakiraman, Ganesh
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas
摘要：While batch processes are ubiquitous across industries, there is little understanding of the determination of the capacity (i.e., the maximum long-term output rate) of such processes. In this study, we consider processes with collaboration (activities may require multiple resources simultaneously) and multitasking (the same resource may be needed for multiple activities), and characterize the capacity of an arbitrary deterministic, single-product process with batch processing and (activity) se...
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作者：Bai, Tian; Kirshner, Samuel N.; Wu, Meng
作者单位：Xi'an Jiaotong University; University of New South Wales Sydney; Sichuan University
摘要：Experimental results support that overconfident newsvendors deviate from the optimal inventory levels to place orders closer to the mean of demand distributions, thereby lowering profits. To improve performance, we investigate whether nonstandard preferences based on prospect theory can manage overconfident newsvendors. We develop a framework where a manager determines a profit-based target, which serves as a reference point in the newsvendor's utility function. We show that target-setting can...
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作者：Yin, Qianbo; Huang, Kwei-Long; Kuo, Chia-Wei; Zhou, Sean X.
作者单位：Shanghai University of Finance & Economics; National Taiwan University; National Taiwan University; Chinese University of Hong Kong
摘要：We consider add-on pricing in a distribution channel where a retailer sells a base good and an add-on, supplied by two manufacturers, respectively, to consumers. The retailer decides whether to sell the two products through either bundling or add-on pricing and sets the corresponding retail prices. Under add-on pricing, the add-on price is unobservable to consumers when they make the purchase decision of the base good. Each manufacturer, if independent of the retailer, sets the wholesale price...
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作者：Liao, Chen-Nan; Chen, Ying-Ju
作者单位：National Taiwan University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
摘要：Noncommunicable diseases (NCDs) are among the largest health emergencies nowadays. Although a large proportion of NCDs can be prevented effectively via good life habits, these remain ubiquitous and one main reason is people's self-control problem caused by time-inconsistent, present-biased preferences. In this situation, we wonder whether a long-term conditional cash transfer (CCT) program, which is known to be effective in shaping people's behaviors but expensive, can be a viable solution. We...
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作者：Wilhelm, Miriam; Villena, Veronica H.
作者单位：University of Groningen; Arizona State University; Arizona State University-Tempe
摘要：As global brands assume more accountability for their extended supply chains, some request that their first-tier suppliers in turn adopt sustainable procurement practices, thereby cascading sustainability requirements to second-tier suppliers. However, such cascading has not yet become institutionalized. We partnered with a leading sustainability electronics company-here called Tronics-to investigate which Chinese suppliers are more likely to adopt sustainable procurement and when Tronics' pow...
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作者：Zhang, Zhe George; Yin, Xiaoling
作者单位：Lanzhou University; Simon Fraser University; Western Washington University; Zhejiang Gongshang University
摘要：This study considers a public service system consisting of two service providers with different service capacities and qualities, such as healthcare or transportation systems. Such a system is called a two-tier service system (TTS). The service provider with higher service capacity and quality charges a higher price and is called a charge service provider, denoted by CSP, while the other service provider charges a lower price and is called a free service provider, denoted by FSP. We study the ...
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作者：Li, Meng; Liu, Yunchuan
作者单位：University of Houston System; University of Houston; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Many retailers and manufacturers accept product returns from consumers (via money-back guarantees) and retailers (via full-credit return policies) respectively. While the extant literature focuses on either manufacturer or retailer return policies, this study investigates both return policies and finds that a manufacturer's return policy can induce the retailer to adopt a return policy. Although accepting consumer returns hurts the manufacturer when the manufacturer sells through non-competing...
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作者：Zhou, Wenhui; Wang, Dongmei; Huang, Weixiang; Guo, Pengfei
作者单位：South China University of Technology; City University of Hong Kong
摘要：This study studies the impact of loss aversion on queue configurations in a doubled-ended queueing system such as taxi stations. We assume that there exist two types of demands/passengers, namely, the short-haul and long-haul, with long-haul demand offering a larger monetary reward for drivers. Loss-averse drivers decide to either join or balk based on their overall utility. We first consider the passenger-side system to be a loss system; that is, an arriving passenger balks if there is no tax...
