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作者:Fang, Xiang; Ru, Jun; Wang, Yunzeng
作者单位:University of Wisconsin System; University of Wisconsin Milwaukee; University System of Ohio; Cleveland State University; University of California System; University of California Riverside
摘要:Motivated by the newest contract offered by Amazon.com, called the Advantage Program, we study a supply chain where a retailer offers a vendor-managed inventory with consignment contract to n suppliers for selling their products. A key parameter in the contract is the product list price that the retailer allows each supplier to choose for its own product. The retailer then sets the retail price of each product at or below its list price for selling it to the market and remits its supplier an a...
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作者:Wani, Deepa; Malhotra, Manoj; Clark, Jonathan
作者单位:University System of Georgia; Georgia State University; University System of Ohio; Case Western Reserve University; University of Texas System; University of Texas at San Antonio
摘要:Services are typically characterized by the direct participation of customers in the production process. The service-dominant (S-D) logic argues that value to consumers is always co-created by service providers and consumers jointly and reciprocally. While prior research has addressed the indirect impact of structural, infrastructural, and technology service design attributes on a customer's perceived value via the realized service delivery system, an important question remains unanswered: Do ...
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作者:Banker, Rajiv; Huang, Rong; Li, Yinghua; Zhao, Sha
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Fudan University; Arizona State University; Arizona State University-Tempe; Oakland University
摘要:In this study, we examine whether productivity shifts when accounting standards change. Using mandatory International Financial Reporting Standards (IFRS) as a shock to the accounting regime, we examine the changes in country-level productivity. We find that mandatory IFRS-adopting countries experience significant increases in total factor productivity (TFP) and labor productivity. The post-adoption productivity improvements are greater for countries without IFRS convergence. Further, TFP incr...
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作者:Geva, Tomer; Saar-Tsechansky, Maytal
作者单位:Tel Aviv University; University of Texas System; University of Texas Austin
摘要:The capacity to rank expert workers by their decision quality is a key managerial task of substantial significance to business operations. However, when no ground truth information is available on experts' decisions, the evaluation of expert workers typically requires enlisting peer-experts, and this form of evaluation is prohibitively costly in many important settings. In this work, we develop a data-driven approach for producing effective rankings based on the decision quality of expert work...
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作者:Abouee-Mehrizi, Hossein; Baron, Opher; Berman, Oded; Chen, David
作者单位:University of Waterloo; University of Toronto; The Chinese University of Hong Kong, Shenzhen
摘要:In this study, we examine whether it is optimal to use electric vehicles (EVs) in the car sharing market and investigate the environmental impact of pulling the EVs from the market. We develop a model consisting of a profit-maximizing car sharing company (CSC) and a population of utility-maximizing customers. The CSC sets the number of EVs, the number of fuel vehicles (FVs), and the rental price jointly to maximize its profit. Customers decide whether to use EVs, FVs, or public transportation ...
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作者:Chen, Xi; Shi, Chao; Wang, Yining; Zhou, Yuan
作者单位:New York University; Shanghai University of Finance & Economics; State University System of Florida; University of Florida; University of Illinois System; University of Illinois Urbana-Champaign
摘要:We study a stylized dynamic assortment planning problem during a selling season of finite length T. At each time period, the seller offers an arriving customer an assortment of substitutable products and the customer makes the purchase among offered products according to a discrete choice model. The goal of the seller is to maximize the expected revenue, or equivalently, to minimize the worst-case expected regret. One key challenge is that utilities of products are unknown to the seller and ne...
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作者:Zhang, Na; Kannan, Karthik; Shanthikumar, George
作者单位:Amazon.com; Purdue University System; Purdue University
摘要:For a slow-moving high-margin product, we demonstrate the viability of an information-based nudging strategy. The motivation to study this problem was because a firm faced availability constraints for one of its slow-moving high-margin products, but the available quantities still exceeded the current demand. To identify customers to nudge, we develop a support vector machine (SVM) approach to rank order the customers based on their propensity to purchase the product. The underlying notion in o...
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作者:Harikae, Seiji; Dyer, James S.; Wang, Tianyang
作者单位:University of Texas System; University of Texas Austin; Colorado State University System; Colorado State University Fort Collins
摘要:Motivated by the real-world challenges of real options evaluation faced by many companies when commodity prices exhibit dramatic volatility and project values can become negative, this study presents a framework for solving a multifactor real options problem by approximating the underlying stochastic process of project value with a generalized implied binomial tree. The proposed approach allows a flexible structure for stochastic processes with fat tail distributions, such as jump diffusion, r...
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作者:Pei, Jun; Yan, Ping; Kumar, Subodha; Liu, Xinbao
作者单位:Hefei University of Technology; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:The sharing economy has developed rapidly in recent years using both business-to-customer (B2C) and customer-to-customer (C2C) models. This has exerted a profound impact on incumbent firms that follow a traditional sales model. Although the effects of B2C or C2C sharing in certain scenarios have been studied by prior literature, the effect of external B2C sharing has not been considered. Furthermore, the possible distinction between the two sharing effects as well as incumbent firms' decisions...
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作者:Corbett, Charles