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作者:Arya, Anil; Mittendorf, Brian; Pfeiffer, Thomas
作者单位:University System of Ohio; Ohio State University; University of Vienna
摘要:Angel investors provide a unique role in startup entities: in addition to providing financing, they also provide expertise and make critical operational and managerial decisions. As a result, a startup not only seeks funding from its angel investor, but also strives to ensure that their expertise promotes entrepreneurial success. This study formalizes a model of optimal equity sharing with angel investors in light of the facts that (i) they have private information about their expertise, (ii) ...
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作者:Mutha, Akshay; Bansal, Saurabh; Guide, V. Daniel R.
作者单位:University of Vermont; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:We investigate the tension between accounting and financial functions of an OEM who manufactures and remanufactures capital-intensive products. The OEM operates a servicizing business model in which it leases a product, remanufactures the product returned at the end of the lease, and re-leases the remanufactured product (usecycle), with multiple such usecycles. The accounting function at the firm would suggest that the OEM: (i) recovers the initial manufacturing cost of the product over its us...
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作者:Kamalzadeh, Hossein; Ahuja, Vishal; Hahsler, Michael; Bowen, Michael E.
作者单位:Southern Methodist University; Southern Methodist University; University of Texas System; University of Texas Southwestern Medical Center
摘要:Type 2 diabetes is a chronic disease that affects millions of Americans and puts a significant burden on the healthcare system. The medical community sees screening patients to identify and treat prediabetes and diabetes early as an important goal; however, universal population screening is operationally not feasible, and screening policies need to take characteristics of the patient population into account. For instance, the screening policy for a population in an affluent neighborhood may di...
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作者:Hu, Kejia; Chopra, Sunil; Chen, Yuche
作者单位:Vanderbilt University; Northwestern University; University of South Carolina System; University of South Carolina Columbia
摘要:This study investigates how tightening standards can result in greater non-compliance, especially when market and regulatory interests are misaligned. We confirm a causal relationship that explains the highly publicized auto industry non-compliance phenomenon where on-road NOx emissions exceeded standards. Based on a 15-year on-road vehicle emissions dataset covering 148,837 vehicles from 42 automakers in the EU, we use regression discontinuity to identify the causal impact of standards tighte...
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作者:Li, Jialu; Li, Meng; Zhao, Xuan
作者单位:Shandong University of Finance & Economics; University of Houston System; University of Houston; Wilfrid Laurier University
摘要:This study investigates the impacts of transshipment between overconfident newsvendors who perceive the expected outcome of a random event as more certain than it actually is. The conventional wisdom is that transshipment is a risk-pooling strategy for improving newsvendors' performance. However, we find that overconfident newsvendors can be worse off with transshipment as compared to without transshipment. This result remains when overconfident newsvendors possess other behaviors such as fair...
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作者:Timoumi, Ahmed; Singh, Narendra; Kumar, Subodha
作者单位:Indian School of Business (ISB); Nazarbayev University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:Refurbishing of used products is increasingly being recognized as a value recovery strategy in sustainable operations. Hence, manufacturers, retailers, as well as third-party firms, engage in refurbishing. Manufacturers, to some extent, can deter other players from refurbishing through various means such as product design, intellectual property, and restricting access to spare parts and diagnostic tools. While previous research has extensively examined the question of whether a manufacturer sh...
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作者:Lee, Chung-seung; Cakanyildirim, Metin
作者单位:University of Texas System; University of Texas Dallas
摘要:This study is motivated by a fundamental question among researchers: do price data correspond to a pure strategy Nash equilibrium of an estimated econometric model of Bertrand competition? The affirmative answer to this question is essential for validating the estimated model. Despite the extensive empirical applications of Bertrand competition over the last three decades, answering the question remains a daunting task for the researchers. This study takes a step to fill this gap, identifying ...
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作者:Niu, Baozhuang; Chen, Kanglin; Chen, Lei; Ding, Chao; Yue, Xiaohang
作者单位:South China University of Technology; Southern University of Science & Technology; Jinan University; University of Hong Kong; University of Wisconsin System; University of Wisconsin Milwaukee
摘要:Motivated by dual sales channel operations in cross-border e-commerce, we analyze an e-tailer's strategic waiting decision for channel disruption information in a global supply chain. The e-tailer operates two sales channels: a bonded-warehouse channel with products prestocked before channel disruption for demand fulfillment; and a direct-shipping channel with products delivered directly from an overseas supplier. The direct-shipping channel is exposed to disruption risk that might be caused b...
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作者:Zhou, Yun; Parlar, Mahmut; Verter, Vedat; Fraser, Shannon
作者单位:McMaster University; Michigan State University; Michigan State University's Broad College of Business; Jewish General Hospital - Montreal; McGill University
摘要:We consider a surgical case scheduling problem with the objective of minimizing the expected time span of the schedule subject to a prespecified upper bound on the expected waiting time for each patient. The problem is challenging due to its combinatorial and nonlinear nature, and we focus on developing approximate methods to solve the problem. Specifically, we study two approximation methods. In the certainty equivalent method, we approximate the expected time span of the cases by assuming th...
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作者:Smirnov, Dina; Herer, Yale T.; Avrahami, Assaf
作者单位:Eindhoven University of Technology; Technion Israel Institute of Technology
摘要:Recent advancements in Information Technology have provided an opportunity to significantly improve the effectiveness of inventory systems. The use of in-cycle demand information enables faster reaction to demand fluctuations. In particular, for the newsvendor (NV) system, we exploit the newly available data to perform an additional review (AR) of inventory at an endogenously determined, a priori set time during the sales period, and perform an additional replenishment if necessary. We impleme...