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作者:Li, Zhuoxin; Duan, Jason A.; Ransbotham, Sam
作者单位:Boston College; University of Texas System; University of Texas Austin
摘要:Crowdfunding, a peer-to-peer fundraising mechanism, solicits capital from individual backers to support entrepreneurial projects. Entrepreneurs set a funding target and deadline; the project will be funded only if it reaches this funding target by the deadline. Backers individually decide whether to contribute, but their total contributions collectively determine whether the project will be successfully funded. This study models the dynamics of backers' contributions in the presence of success...
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作者:Qu, Huashuai; Ryzhov, Ilya O.; Fu, Michael C.; Bergerson, Eric; Kurka, Megan; Kopacek, Ludek
作者单位:University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland College Park; University System of Maryland; University of Maryland College Park
摘要:In business-to-business (B2B) pricing, a seller seeks to maximize revenue obtained from high-volume transactions involving a wide variety of buyers, products, and other characteristics. Buyer response is highly uncertain, and the seller only observes whether buyers accept or reject the offered prices. These deals are also subject to high opportunity cost, since revenue is zero if the price is rejected. The seller must adapt to this uncertain environment and learn quickly from new deals as they...
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作者:He, Long; Rong, Ying; Shen, Zuo-Jun Max
作者单位:National University of Singapore; Shanghai Jiao Tong University; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要:When product recalls happen, firms not only have to incur additional logistics costs but also suffer from a damaged reputation. Besides, they may also supply disruption risk, under which a supplier could fail to deliver the quantity ordered at all. In this study, we discuss how to mitigate supply disruption and recall risks in the perspective of (outbound) product distribution strategy in joint with (inbound) sourcing decision. Specifically, we compare the dedicated and uniform distribution st...
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作者:Tang, Qian; Whinston, Andrew B.
作者单位:Singapore Management University; University of Texas System; University of Texas Austin
摘要:Security negligence, a major cause of data breaches, occurs when an organization's information technology management fails to adequately address security vulnerabilities. By conducting a field quasi-experiment using outgoing spam as a focal security issue, this study investigates the effectiveness of reputational sanctions in reducing security negligence in a global context. In the quasi-experiment, a reputational sanction mechanism based on outgoing spam was established for four countries, an...
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作者:Shi, Tianqin; Chhajed, Dilip; Wan, Zhixi; Liu, Yunchuan
作者单位:California State University System; San Jose State University; California State University System; San Jose State University; Purdue University System; Purdue University; University of Hong Kong; University of Illinois System; University of Illinois Urbana-Champaign
摘要:We consider a firm consisting of two divisions, one responsible for designing and manufacturing new products and the other responsible for remanufacturing operations. The firm will sell these new and remanufactured products either directly to the consumer (direct selling) or through an independent retailer (indirect selling). Our study demonstrates that a firm's organizational structure can affect its marketing decisions. Specifically, a decentralized firm with separate manufacturing and reman...
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作者:Esenduran, Gokce; Hill, James A.; Noh, In Joon
作者单位:Purdue University System; Purdue University; University System of Ohio; Ohio State University
摘要:Each year, global consumers dispose of 20 million-50 million tons of electronic products, including laptops, tablets, and, most commonly, cell phones. Realizing the residual value in used electronics, consumers frequently look for ways to sell their devices, whereas independent parties (IPs) such as Gazelle and NextWorth and original equipment manufacturers (OEMs) such as Apple compete in acquiring them. These firms also compete with online marketplaces such as eBay, which offer a channel for ...
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作者:Mehrotra, Mili; Natarajan, Karthik, V
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of Minnesota System; University of Minnesota Twin Cities
摘要:The below-par progress toward the Millennium Development Goals in many developing countries has been attributed to the low availability of good quality health care services and to the demand-side barriers to access. In this study, we analyze an incentive design problem faced by a budget-constrained humanitarian organization managing a health care service program (e.g., maternal health or HIV services) with different emphasis on the two measures of quality-structural and process. Incentives off...
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作者:Songhori, Mohsen Jafari; Nasiry, Javad
作者单位:University of Twente; McGill University; Hong Kong University of Science & Technology
摘要:Developing a complex new product requires the firm both to deconstruct that product into subsystems and to create an organizational structure aligned with the product architecture. However, empirical evidence indicates that misalignments do occur and are usually one of two general forms: a hidden dependency, which is a missing link between teams responsible for two interacting subsystems; or spurious communications between two teams that interact even though their respective subsystems are not...
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作者:Zhang, Juzhi; Sethi, Suresh P.; Choi, Tsan-Ming; Cheng, T. C. E.
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas; Hong Kong Polytechnic University; Hong Kong Polytechnic University
摘要:The classical newsvendor problem seeks to minimize the expected inventory cost or maximize the expected profit. But optimizing an expected value alone does not fully capture the stochastic nature of the newsvendor problem. Inspired by the higher-moment analyses explored in finance literature, we conduct a mean-variance-skewness-kurtosis (MVSK) analysis for the newsvendor problem. We first derive the analytical expressions for the profit's mean, variance, skewness, and kurtosis in the standard ...
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作者:Guo, Pengfei; Liu, Fang; Wang, Yulan
作者单位:Hong Kong Polytechnic University; Nanyang Technological University
摘要:We study a two-stage decision problem, namely, the allocation and deployment of reserved inventories (RIs) in a supply network with random demand surges. The demand surge follows a time-dependent stochastic process and our objective is to minimize the expected total unmet demand in the presence of positive transshipment lead times. We first solve the optimal deployment problem given that the demand surges have occurred at some locations. We show that the optimal deployment policy is a nested p...