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作者：Guo, Mengzi Amy; Jiang, Hansheng; Shen, Zuo-Jun Max
作者单位：University of California System; University of California Berkeley; University of Toronto; University of Hong Kong; University of Hong Kong
摘要：Problem definition: We consider the dynamic pricing problem of multiple products under (asymmetric) reference effects over an infinite horizon. Unlike existing literature, which is mostly focused on the single-product setting, our multiproduct setting takes into account the cross-product effects among substitutes and incorporates the memory-based reference prices into the multinomial logit (MNL) demand model. Even with the singleproduct logit demand, the structure of the optimal pricing policy...
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作者：Chen, Zhi; Keppo, Jussi
作者单位：National University of Singapore; National University of Singapore
摘要：Problem definition: Many innovations today are data driven. To improve algorithms of these products, firms make substantial investments in data collection. However, the data are limited for an individual firm, which caps the benefits of the algorithms. Data sharing among the firms can help alleviate this problem, but firms may be reluctant to share their proprietary data, because doing so may result in a loss of competitive advantage. Motivated by this tension, we ask the following two questio...
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作者：Li, Chengzhang; Huang, Tingliang; Huang, Yufei
作者单位：Shanghai Jiao Tong University; University of Tennessee System; University of Tennessee Knoxville; Trinity College Dublin; University of London; University College London
摘要：Problem definition: Although many retailers allow consumer returns via moneyback guarantees (MBGs) to stimulate consumer demand, some may choose not to. Most existing literature emphasizes factors from the marketing side. However, it is not uncommon that the returned products from unsatisfied consumers are further returned to the upstream manufacturer. How the upstream manufacturer-retailer interactions impact the downstream MBG policies is unclear. Methodology/results: We adopt a multiunit bi...
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作者：Allon, Gad; Carlstein, Joseph; Gur, Yonatan
作者单位：University of Pennsylvania; Netflix, Inc.
摘要：Problem definition: Online discussion platforms (often referred to as discussion boards) are designed for facilitating remote discussions between users. To stimulate engagement (e.g., participation in the discussion), these platforms offer arriving users a ranked list of existing discussion comments. In this paper, we formalize the level of consensus in the discussion and study its impact on engagement and how it could be leveraged by ranking algorithms to increase engagement along the discuss...
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作者：Caro, Felipe; Martinez-de-Albe, Victor; Apaolaza, Borja
作者单位：University of California System; University of California Los Angeles; University of Navarra; IESE Business School; University of Pennsylvania
摘要：Problem definition: Omnichannel retailers interact with customers both online and offline. So far, they have used the richer information available-gathered from customer interactions across digital and physical channels-to optimize the sales process by designing the right channel and supply chain structures and by personalizing offers, pricing, and promotions. We advance an additional dimension of omnichannel value: retailers can use online clickstreams to better understand customer needs and ...
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作者：Hou, Chengfan; Wang, Lu; Deng, Tianhu; Qi, Wei
作者单位：Tongji University; Soochow University - China; Tsinghua University
摘要：Problem definition: Most of the world's population relies on coastal aquifers for freshwater supplies. Groundwater is experiencing substantial overdrafts and facing evermounting freshwater demand. Existing groundwater management strategies are myopic and fail to coordinate production and the operation of protection approaches, including seawater intrusion barriers (SWIBs) and managed aquifer recharge (MAR). Motivated by the urgency of sustainable groundwater management, we investigate how to o...
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作者：Singh, Siddharth Prakash; Wu, Owen Q.
作者单位：University of London; University College London; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
摘要：Problem definition: Efficient allocation of a divisible resource and its associated costs among consumers is a critical issue in many societal decision-making scenarios. This decision is especially difficult when consumers have heterogeneous incomes and private levels of resource utility. Common approaches in practice often overlook either utility heterogeneity or income disparity, leaving a significant gap between potential and actual outcomes. We develop and analyze a resource allocation met...
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作者：Chen, Zhi; Mihm, Jurgen; Schlapp, Jochen
作者单位：National University of Singapore; National University of Singapore; INSEAD Business School; Frankfurt School Finance & Management
摘要：Problem definition: Many firms rely on their suppliers as a source of innovation, and they harness the innovation potential of their supplier base by organizing procurement contests. Most research on contests has simply assumed that suppliers are independent from the buyer and thus compete on even ground. In practice, however, this assumption is not always valid because some suppliers may be affiliated with or even controlled by the buyer. This paper seeks to understand how (varying degrees of...
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作者：Hao, Zhaowei; He, Long; Hu, Zhenyu; Jiang, Jun
作者单位：Dongbei University of Finance & Economics; George Washington University; National University of Singapore; National University of Singapore; National University of Singapore; National University of Singapore
摘要：Problem definition: General upgrading is a strategy by which a firm can upgrade a customer to any higher-end product whenever a lower-end product is out of stock. In this paper, we consider the capacity planning problem of deciding the initial capacity for multiple products to maximize the expected total profit when general upgrading is allowed. Methodology/results: We formulate the problem as a two-stage distributionally robust optimization (DRO) model under the commonly employed ambiguity se...
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作者：Wang, Yixin (Iris); Ball, George; Anand, Gopesh; Park, Hyunwoo
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Seoul National University (SNU)
摘要：Problem definition: The Food and Drug Administration (FDA) is the regulator tasked with overseeing two key dimensions of the drug supply chain: quality and shortages. Whereas the primary policy tool used by the FDA to oversee drug quality is recurring plant inspections, there are fewer similar tools used by the FDA to reduce drug shortages. In an effort to better understand the pernicious public health problem of drug shortages and the role of the FDA in reducing shortages, the U.S. Congress t...
