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作者：Abdallah, Tarek
作者单位：Northwestern University
摘要：Simple selling mechanisms are very appealing in practice, yet they may limit the firm's ability to extract a large consumer surplus. In this paper, we study the efficiency of a simple pure bundling mechanism in extracting the consumer surplus in the presence of nonnegative marginal costs and correlated valuations. The main question we address is how to quantify the benefits of adopting a simple pure bundling mechanism relative to other more complicated mechanisms, such as mixed bundling. We de...
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作者：Bellos, Ioannis; Kavadias, Stylianos
作者单位：George Mason University; University of Cambridge
摘要：What do a Mongolian stir-fry restaurant and a medical lab providing home testing solutions have in common? They are both innovative services that base their success on customers controlling part of the service delivery. These providers allow service tasks to be performed by the customers as a means of shaping the overall experience and not strictly as a means of outsourcing the service. Motivated by such practices, we explore whether and how should providers allocate the control of different t...
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作者：Hu, Peng; Lu, Ye; Song, Miao
作者单位：Huazhong University of Science & Technology; Chinese Academy of Sciences; University of Science & Technology of China, CAS; Hong Kong Polytechnic University
摘要：This study considers a periodic-review joint pricing and inventory control problem for a single product, where production incurs a fixed cost plus a convex or concave variable cost. Our objective is to maximize the expected discounted profit over the entire planning horizon. We fully characterize the optimal policy for the single-period problem. As the optimal policy for the multi-period problem is too complicated to be implemented in practice, we develop well-structured heuristic policies, an...
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作者：Adbi, Arzi; Chatterjee, Chirantan; Drev, Matej; Mishra, Anant
作者单位：INSEAD Business School; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; University System of Georgia; Georgia Institute of Technology; University of Minnesota System; University of Minnesota Twin Cities
摘要：This study examines the relationship between exogenous demand shock and market structure in India's influenza vaccine markets. Using a novel dataset of detailed purchasing information for vaccines in India, and exploiting the 2009-10 global H1N1 pandemic as an exogenous demand shock, we provide evidence of heterogeneous responses to the shock by domestic and multinational vaccine manufacturers in the influenza vaccine market relative to our control group of all other vaccine markets. We find t...
