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作者:Johnsen, Lennart C.; Voigt, Guido; Weimann, Joachim
作者单位:University of Kiel; University of Hamburg
摘要:Using laboratory experiments, we study how communication media affect cooperation in a supply chain when the buyer has private information about the end-customer demand. We show that coordinating contracts (quantity discount) combined with efficient means to electronically share private information (one-way, pre-defined text message) result in almost efficient outcomes, but only if verbal communication takes place before the actual contracting stage. Content analysis shows that verbal communic...
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作者:Zhang, Xingyue; Yao, Yuliang
作者单位:University of Washington; Lehigh University
摘要:Use a unique dataset collected from a large classified ads website, we empirically examine the effect of the offline call intensity on the online consumer purchase probability of digital services and the carryover effect of the call intensity. We find that the online consumer purchase probability is increasing in the call intensity but at a decreasing rate. We further demonstrate that the decreasing rate is sizable enough that the relationship between the online consumer purchase probability a...
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作者:Glenk, Gunther; Reichelstein, Stefan
作者单位:University of Mannheim; Technical University of Munich; Stanford University
摘要:In vertically integrated energy systems, integration frequently entails operational gains that must be traded off against the requisite cost of capacity investments. In the context of the model analyzed in this study, the operational gains are subject to inherent volatility in both the price and the output of the intermediate product transferred within the vertically integrated structure. Our model framework provides necessary and sufficient conditions for the value (NPV) of an integrated syst...
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作者:Choi, Dong Gu; Lim, Michael K.; Murali, Karthik; Thomas, Valerie M.
作者单位:Pohang University of Science & Technology (POSTECH); Oregon State University; University System of Georgia; Georgia Institute of Technology
摘要:We investigate the causes behind the underwhelming adoption of voluntary Time-of-Use (TOU) tariffs in the residential electricity market. TOU tariffs are deployed by utilities to better match electricity generation capacity with market demand by giving consumers price incentives to reduce their consumption when electricity demand is at its peak. However, consumers in residential electricity markets are heterogeneous in their consumption preferences. Hence, utilities face a trade-off when deplo...