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作者:Li, Meng; Petruzzi, Nicholas C.
作者单位:Rutgers University System; Rutgers University Camden; Rutgers University New Brunswick; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:This note analyzes the effects associated with reducing demand uncertainty in a decentralized supply chain comprising one manufacturer, one retailer, and a wholesale price contract that governs the transactions between them. The demand uncertainty level is parameterized through a mean-preserving spread, and the manufacturer's and the retailer's equilibrium decisions are solved accordingly. We consider the case of an exogenous retail price as well as the case of an endogenous retail price, and ...
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作者:Abbey, James D.; Kleber, Rainer; Souza, Gilvan C.; Voigt, Guido
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School; Otto von Guericke University; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; University of Hamburg
摘要:Recent research indicates that consumers hold significant concerns about the quality of remanufactured products. To better understand this phenomenon, this manuscript combines surveys and experimental studies to identify the antecedents of perceived qualityin the form of perceived risk of functionality and cosmetic defectsand their significant impact on consumers' willingness to pay (wtp) for remanufactured electronics products. The study also controls for alternative explanations for wtp sugg...
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作者:Yang, Yi; Yu, Yimin; Huang, Tingliang
作者单位:Zhejiang University; City University of Hong Kong; Boston College
摘要:We provide an exact myopic analysis for an N-stage serial inventory system with batch ordering, linear ordering costs, and nonstationary demands under a finite planning horizon. We characterize the optimality conditions of the myopic nested batching newsvendor (NBN) policy and the myopic independent batching newsvendor (IBN) policy, which is a single-stage approximation. We show that echelon reorder levels under the NBN policy are upper bounds of the counterparts under both the optimal policy ...
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作者:Wooten, Joel O.; Ulrich, Karl T.
作者单位:University of South Carolina System; University of South Carolina Columbia; University of Pennsylvania
摘要:In many innovation settings, ideas are generated over time and managers face a decision about if and how to provide in-process feedback to the idea generators about the quality of submissions. In this article, we use design contests allowing repeated entry to examine the effect of in-process feedback on idea generation. We report on a set of field experiments using two online contest websites to compare the performance of three different feedback treatmentsno feedback, random feedback, and dir...
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作者:Ray, Jyotishka; Samuel, Jayarajan; Menon, Syam; Mookerjee, Vijay
摘要:Today, software supports many important tasks in a variety of industries. In the specialized nature of these environments, a common problem faced by software vendors is to correctly signal the true value of a software product to the end users. For example, telecommunications equipment manufacturers design complex software for important functions like provisioning new users in the network. These software products automate various functions that would otherwise need to be done manually. In order...
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作者:Handley, Sean M.
作者单位:University of Notre Dame
摘要:Notwithstanding the popularity of outsourcing as a business strategy, the performance benefits realized through outsourcing efforts are observed to be mixed in practice. This leads to important unresolved questions regarding why some firms are able to derive substantial value from their outsourcing initiatives while other firms are left disappointed. This study joins an emerging literature integrating transaction cost economics and capabilities-based perspectives to develop a deeper understand...
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作者:Dong, Ciwei; Ng, Chi To; Cheng, T. C. E.
作者单位:Zhongnan University of Economics & Law; Hong Kong Polytechnic University
摘要:In this article, we study the electricity time-of-use (TOU) tariff for an electricity company with stochastic demand. The electricity company offers the flat rate (FR) and TOU tariffs to customers. Under the FR tariff, the customer pays a flat price for electricity consumption in both the peak and non-peak periods. Under the TOU tariff, the customer pays a high price for electricity consumption in the peak period and a low price for electricity consumption in the non-peak period. The electrici...
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作者:Chen, Zhi-Long; Hall, Nicholas G.; Kellerer, Hans
作者单位:University System of Maryland; University of Maryland College Park; University System of Ohio; Ohio State University; University of Graz
摘要:We consider a dynamic pricing problem that involves selling a given inventory of a single product over a short, two-period selling season. There is insufficient time to replenish inventory during this season, hence sales are made entirely from inventory. The demand for the product is a stochastic, nonincreasing function of price. We assume interval uncertainty for demand, that is, knowledge of upper and lower bounds but not a probability distribution, with no correlation between the two period...
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作者:Massimino, Brett; Gray, John V.; Boyer, Kenneth K.
作者单位:Cornell University; University System of Ohio; Ohio State University
摘要:In recent years, instances of organizations failing to maintain digital confidentiality performance have greatly increased in frequency and monetary damage. While the global sourcing of activities in the development of digital assets is widespread, very little is known about how location-related factors may affect confidentiality outcomes. Addressing this, we empirically investigate two factors with rich theoretical bases and logical linkages to confidentiality: industrial agglomeration and na...
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作者:Kremer, Mirko; Mantin, Benny; Ovchinnikov, Anton
作者单位:Frankfurt School Finance & Management; University of Waterloo; Queens University - Canada
摘要:We investigate retailers' dynamic pricing decisions in a stylized two-period setting with possible supply constraints and demand from both myopic and strategic consumers. We present an analytical model and then test its predictions in a behavioral experiment in which human subjects played the role of pricing managers. We find that the fraction of strategic consumers in the market systematically moderates the optimal pricing structure. When this fraction exceeds a certain threshold, the retaile...