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作者：Gambaro, Anna Maria; Secomandi, Nicola
作者单位：University of Eastern Piedmont Amedeo Avogadro; Carnegie Mellon University
摘要：Energy sources and commodities exhibit high price risk. This risk is thus an important feature of operational models of the value chains for these goods. These models typically employ Gaussian-based representations of the evolution of this uncertainty. This approach facilitates the optimization of operational policies but is at odds with empirical facts about energy and commodity prices, which are better captured by non-Gaussian processes. We discuss this alternative modeling strategy, focusin...
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作者：He, Rongchuan; Lu, Ye
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; City University of Hong Kong
摘要：The price-setting newsvendor problem is well studied in the literature. However, it is commonly assumed that retailers have complete demand information modeled as a function of price and random noise. In reality, a retailer may have very limited information on a demand model because a retailer who has exercised only a few prices does not have sufficient information to accurately estimate a demand model. This creates a gap between academic research and practical applications. In this study, we ...
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作者：Gao, Fei; Cui, Shiliang; Cohen, Morris
作者单位：Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Georgetown University; University of Pennsylvania
摘要：Consider a firm that is developing an innovative product. We study the trade-offs associated with its product design decisions in regards to product performance (the function of the product), product reliability (whether the product will perform its function), and product time-to-market (the development time for the product). Specifically, while a more innovative product may deliver better product performance, without sufficient development time, the product may not be as reliable given that i...
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作者：Lim, Stanley Frederick W. T.; Rabinovich, Elliot; Park, Sungho; Hwang, Minha
作者单位：University of San Diego; Arizona State University; Arizona State University-Tempe; Seoul National University (SNU)
摘要：Warehouse club (WC) retailers have typically expanded to new markets using stand-alone stores, rather than pursuing dense store networks as other (non-WC) retailers have in the past. While this strategy generates operating efficiencies, it also imposes high travel costs on households to shop, which calls into question WC stores' resilience to spatial competition from stores operating other formats. We examine this phenomenon by using data on households' shopping activity across markets served ...
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作者：Chan, Kimmy Wa; Li, Stella Yiyan; Ni, Jian; Zhu, John JianJun
作者单位：Hong Kong Baptist University; Northern Arizona University; Johns Hopkins University; New Mexico State University
摘要：Recent open innovation literature indicates increasing concern about the quality of crowdsourced ideas. Building on a framework of creativity capability, rooted in behavioral literature, and intrinsic (vs. extrinsic) motivation, derived from personnel economics and social psychology literature, this study predicts the influence of feedback on ideation performance. Specifically, the effectiveness of feedback on ideation performance in firm-sponsored, non-financially incentivized, idea-crowdsour...
