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作者:Chen, Heng; Solak, Senay
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作者:Grahovac, Jovan; Parker, Geoffrey; Shittu, Ekundayo
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; Tulane University; George Washington University
摘要:This study is motivated by examples of outsourcing that are not readily explained by widely established economic theories. We extend recent literature that develops the idea that outsourcing can help firms avoid overinvestment by specifying more precisely the conditions under which this thesis is likely to apply. Our extension is realized through a two-period game theoretic model in which the outsourcing and in-house investments are driven by (1) the cost required to develop a product or proce...
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作者:Bell, David; Gallino, Santiago; Moreno, Antonio
作者单位:University of Pennsylvania; Dartmouth College; Northwestern University
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作者:Gray, John V.; Anand, Gopesh; Roth, Aleda V.
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作者:Schmidt, William; Gaur, Vishal; Lai, Richard; Raman, Ananth
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作者:Cheng, Hsing Kenneth; Li, Shengli; Liu, Yipeng
作者单位:State University System of Florida; University of Florida; Xi'an Jiaotong University; University of Illinois System
摘要:Limited version, time-locked, and hybrid are three software free trial strategies employed by software firms to exploit increased installed base and/or reduction of consumers' uncertainty about software quality. We develop an analytical model to examine these three software free trial strategies. We find that the hybrid strategy weakly dominates the limited and time-locked versions, and the intensity of the network effects is a key factor determining which strategy is optimal.
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作者:Shockley, Jeff; Plummer, Lawrence A.; Roth, Aleda V.; Fredendall, Lawrence D.
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作者:Vossen, Thomas W. M.; Zhang, Dan
作者单位:University of Colorado System; University of Colorado Boulder
摘要:The linear programming approach to approximate dynamic programming has received considerable attention in the recent network revenue management (RM) literature. A major challenge of the approach lies in solving the resulting approximate linear programs (ALPs), which often have a huge number of constraints and/or variables. Starting from a recently developed compact affine ALP for network RM, we develop a novel dynamic disaggregation algorithm to solve the problem, which combines column and con...
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作者:Maglaras, Costis; Eren, Serkan
作者单位:Columbia University
摘要:We propose a tractable, data-driven demand estimation procedure based on the use of maximum entropy (ME) distributions, and apply it to a stochastic capacity control problem motivated from airline revenue management. Specifically, we study the two fare class Littlewood problem in a setting where the firm has access to only potentially censored sales observations; this is also known as the repeated newsvendor problem. We propose a heuristic that iteratively fits an ME distribution to all observ...
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作者:Ritzman, Larry P.