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作者：Yuan, Quan; Chen, Youhua (Frank); Yang, Jian; Zhou, Yun
作者单位：Zhejiang University; City University of Hong Kong; Rutgers University System; Rutgers University Newark; Rutgers University New Brunswick; McMaster University
摘要：The use of permit markets to mitigate harmful emissions is on the rise. When participating in such a market, an emitting firm needs to acquire from it permits that cover emissions resulting from production. Thus, it has to simultaneously cope with fluctuating permit prices and random demand, and also juggle between the activities of permit trading and permit-consuming production. We shed light on this complex dynamic control problem, while confronting difficulties brought on by fixed as well a...
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作者：Chiu, Chun-Hung; Choi, Tsan-Ming; Dai, Xin; Shen, Bin; Zheng, Jin-Hui
作者单位：Sun Yat Sen University; Hong Kong Polytechnic University; Sun Yat Sen University; Donghua University
摘要：Optimizing advertising budget allocation in the luxury fashion industry is an important problem. In this study, motivated by real-world practices, we consider a luxury fashion firm serving a conspicuous market consisting of two groups of consumers who influence one another. We investigate the optimal customer portfolios and budget allocation problem using the mean-variance (MV) framework. Under the basic model in which all budget must be spent, we identify different scenarios and propose an al...
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作者：Tian, Lin; Vakharia, Asoo J.; Tan, Yinliang (Ricky); Xu, Yifan
作者单位：Fudan University; State University System of Florida; University of Florida; Tulane University
摘要：Traditionally, online retailers have acted as product resellers. Recently, these retailers have also started to serve as online marketplaces by providing a platform to directly connect sellers with buyers. Over and above re-shaping the traditional e-commerce market, conventional wisdom suggests that this new format will mitigate the double-marginalization effect and benefit both the intermediary and suppliers through a revenue sharing scheme. However, we find that upstream competition between ...
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作者：Amornpetchkul, Thunyarat (Barn); Ahn, Hyun-Soo; Sahin, Ozge
作者单位：National Institute of Development Administration - Thailand; University of Michigan System; University of Michigan; Johns Hopkins University
摘要：This study investigates the effects of conditional promotions (e.g., buy 2 or more, get 30% off; spend $50 or more, get $15 off) on consumer behavior and the seller's profit. When a deal is presented with a minimum purchase quantity or a minimum spending requirement, experimental studies have shown some consumers are induced to spend more in order to obtain a discount. To study this behavior, we model a market in which consumers can be heterogeneous in two dimensions: willingness to pay for th...
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作者：Do, Hung T.; Shunko, Masha; Lucas, Marilyn T.; Novak, David C.
作者单位：University of Vermont; University of Washington; University of Washington Seattle
摘要：Recent studies have shown that the processing speed of employees in service-based queueing systems is impacted by various behavioral factors. However, there is limited analytical work to investigate how these behavioral factors affect the overall performance of different queueing system designs. In this study, we focus on the response of human servers to the design and congestion level of the queueing system in which they operate. Specifically, we incorporate two behavioral factors into multi-...
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作者：Kouvelis, Panos; Xiao, Yixuan; Yang, Nan
作者单位：Washington University (WUSTL); City University of Hong Kong; University of Miami
摘要：We study the price competition among multiple branded drug manufacturers when their drugs are distributed through a common pharmacy benefit manager (PBM). The PBM develops a drug benefit plan for its clients, which includes a formulary list that specifies the copayment for each branded drug, and a list of prices to be charged to the clients for each of the branded and generic drugs. Client organizations decide whether to contract with the PBM and pay the majority of drug costs, while the plan ...
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作者：Liang, Chao; Cakanyildirim, Metin; Sethi, Suresh P.
作者单位：University of Texas System; University of Texas Dallas
摘要：We study a monopolistic firm which introduces two product versions sequentially in two periods. We analyze and compare the firm's decisions on the innovation level of the new version, the production quantities and prices of both versions, and the associated profit in four settings: when the customers are myopic or strategic in period 1 and whether the leftover inventory of the old version is phased out from the market (single rollover strategy) or is sold in the market (dual rollover strategy)...
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作者：McKie, Erin C.; Ferguson, Mark E.; Galbreth, Michael R.; Venkataraman, Sriram
作者单位：University System of Ohio; Ohio State University; University of South Carolina System; University of South Carolina Columbia
摘要：Many companies are reluctant to enter the remanufacturing market because of concern with cannibalization of new sales, competition from current remanufacturers, and the willingness of consumers to purchase remanufactured products. What is often missing, however, is an in-depth understanding of how consumers make complex purchase decisions involving remanufactured items among numerous other options. This study examines how consumers evaluate remanufactured products when there are multiple condi...
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作者：Massimino, Brett; Gray, John, V; Lan, Yingchao
作者单位：Cornell University; University System of Ohio; Ohio State University
摘要：Digital assets are growing in scale, scope, and importance, amplifying the necessity to maintain their confidentiality. Yet, digital confidentiality has received vastly less research attention from operations and supply chain management (OSCM) scholars than cost, quality, flexibility, delivery, and innovation. We contend that this lack of attention has, at least partly, produced recommendations that ultimately could harm digital confidentiality performance. To guide future research, we synthes...
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作者：Yang, Lei; Cai, Gangshu (George); Chen, Jian
作者单位：South China University of Technology; Santa Clara University; Tsinghua University
摘要：The literature has shown that supply chain performance is affected by the allocation of inventory risk. Traditionally, a pull supply chain generates a higher optimal order quantity and hence higher supply chain profit than a push supply chain when firms are risk neutral. Extended from the classic push and pull newsvendor models, this study investigates the impact of firms' risk-averse attitudes on supply chain performance. Based on firms' conditional value-at-risk (CVaR), our analysis indicate...
