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作者:Quiroga, Bernardo F.; Moritz, Brent; Ovchinnikov, Anton
作者单位:Pontificia Universidad Catolica de Chile; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Queens University - Canada; INSEAD Business School
摘要:We investigate the impact of behavioral ordering on profits under competition. Specifically, we use controlled laboratory experiments to evaluate the differences in profits between a behavioral competitor (where a human places orders), and a management science-driven competitor (where orders are placed according to one of several plausible policies based on existing literature and managerial practice). Unlike the full-information game-theoretic models that assume rational decision-makers, thes...
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作者:Mu, Liying; Dawande, Milind; Mookerjee, Vijay
作者单位:University of Delaware; University of Texas System; University of Texas Dallas
摘要:Dairy cooperatives bestow upon farmers the virtues of controlling a large supply quantity of a relatively scarce product, that is, milk (e.g., higher bargaining power, fixed cost sharing, etc.). However, the cooperative structure also encourages individual farmers to free-ride (i.e., provide low-quality milk in the hope that other farmers provide good-quality milk). The question arises: How can the benefits of a cooperative be retained, while eliminating free-riding, especially when individual...
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作者:McGrath, Rita Gunther
作者单位:Columbia University
摘要:Russell Ackoff's iconoclastic journey through the scholarly world illustrates just how far ahead of his time he was, and how much we all still owe him. His influence was so fundamental that today we accept his once-controversial ideas as taken for granted realities. Every time you try to grasp the complexities of an interdependent system, try to understand the root causes of problems that appear on the surface or try to connect the dots, you are drawing on the groundwork laid by Russ. It would...
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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:Preferences for different ages of perishable products exist in many applications, including grocery items and blood products. In this paper, we study a multi-period stochastic perishable inventory system with multiple priority classes that require products of different ages. The firm orders the product with a positive lead time and sells it to multiple demand classes, each only accepting products with remaining lifetime longer than a threshold. In each period, after demand realization, the fir...
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作者:Ji, Yonghua; Wang, Ruibing; Gou, Qinglong
作者单位:University of Alberta; Chinese Academy of Sciences; University of Science & Technology of China, CAS; City University of Hong Kong
摘要:Monetizing the growth of mobile platforms is increasingly important as more and more users adopt mobile platforms such as the Google's Android OS and the Apple's iOS. In this study, we use a differential game theoretical model to study the problem of joint advertising investment and in-app advertising adoption decisions by platform owners and app developers on a mobile platform. A key finding is that a platform owner may delay or even not offer an in-app advertising program if the revenue from...
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作者:Jiang, Yuchen; Shi, Cong; Shen, Siqian
作者单位:University of Michigan System; University of Michigan
摘要:Motivated by the importance of service quality in nowadays customer business environment, we focus on inventory optimization under probabilistic service level constraints, namely, the alpha service level (also known as the ready rate) or the beta service level (also known as the fill rate). Under service level constraints, we consider two canonical stochastic inventory models: (i) the classical inventory control model with backlogging and (ii) the remanufacturing inventory control model with r...
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作者:Labib, Ashraf; Hadleigh-Dunn, Sara; Mahfouz, Amr; Gentile, Marco
作者单位:University of Portsmouth
摘要:The purpose of this paper is to investigate the learning from rare events and the knowledge management process involved, which presents a significant challenge to many organizations. This is primarily attributed to the inability to interpret these events in a systematic and rich manner, which this paper seeks to address. We start by summarizing the relevant literature on humanitarian operations management (HOM), outlining the evolution of the socio-technical disaster lifecycle and its relation...
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作者:Chuang, Howard Hao-Chun; Oliva, Rogelio; Heim, Gregory R.
作者单位:National Chengchi University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:Retail inventories have been consistently dropping, relative to sales, since the 1990s. Whether these lean inventory developments translate to better retailer operational performance is still an open question. We empirically examine associations between inventory leanness and operational efficiency for a sample of public US retailers from 2000 to 2013. Via a stochastic frontier analysis that accounts for retailer heterogeneity and time parameters, we find support for the hypothesis that operat...
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作者:Hsu, Vernon N.; Xiao, Wenqiang; Xu, Jiayan
作者单位:Chinese University of Hong Kong; New York University; Sun Yat Sen University
摘要:We consider an integrated multinational firm (MNF) who produces a product in a low-tax country and sells it in a high-tax country. The global firm faces the decision of whether to sell the product (and at what price) to an external rival in the retail market who has an alternative outside sourcing option. Using a Cournot competition model, we show that two salient elements of the global tax planning-namely the tax rate disparity and the regulatory restrictions on transfer pricing between the M...
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作者:Webb, Eric M.; Mills, Alex F.
作者单位:University System of Ohio; University of Cincinnati; City University of New York (CUNY) System; Baruch College (CUNY)
摘要:The emergency medical services (EMS) system is designed to handle life-threatening emergencies, but a large and growing number of non-emergency patients are accessing hospital-based health care through EMS. A national survey estimated that 17% of ambulance trips to hospital emergency departments (EDs) were medically unnecessary, and these unnecessary trips make up an increasing proportion of all EMS trips. These non-emergency patients are a controllable arrival stream that can be redirected to...