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作者:Chen, Lin; Roels, Guillaume
作者单位:INSEAD Business School
摘要:Problem definition: For many information goods, longer publication cycles (or batches of information) are more economical, but often result in less timely-and, therefore, less valuable-information. Whereas the digitalization of publication processes has reduced fixed publication costs, making shorter publication cycles more economically viable, competing firms have adapted their publication cycles differently: some of them publish more frequently, whereas others publish less frequently. In the...
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作者:Zhao, Xuejun; Haskell, William B.; Yu, Guodong
作者单位:University of North Carolina; University of North Carolina Charlotte; Purdue University System; Purdue University; Shandong University
摘要:Problem definition: We study supply chain contract design under uncertainty. In this problem, the retailer has full information about the demand distribution, whereas the supplier only has partial information drawn from historical demand realizations and contract terms. The supplier wants to optimize the contract terms, but she only has limited data on the true demand distribution. Methodology/results: We show that the classical approach for contract design is fragile in the small data regime ...
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作者:Babar, Yash; Burtch, Gordon
作者单位:University of Wisconsin System; University of Wisconsin Madison; Boston University
摘要:Problem definition: We estimate the impact of electric vehicle (EV) charging stations on volumes of consumer foot traffic received by nearby retail establishments. We also explore the conditions under which any effects manifest. Methodology/results: We use a differences-in-differences design, exploiting the staggered introduction of Tesla Supercharger stations across the United States. We combine data on Supercharger installations with mobile phone-based estimates of retailer foot traffic. We ...
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作者:Lauinger, Dirk; Vuille, Francois; Kuhn, Daniel
作者单位:Swiss Federal Institutes of Technology Domain; Ecole Polytechnique Federale de Lausanne
摘要:Problem definition: Vehicle-to-grid increases the low utilization rate of privately owned electric vehicles by making their batteries available to electricity grids. We formulate a robust optimization problem that maximizes a vehicle owner's expected profit from selling primary frequency regulation to the grid and guarantees that market commitments are met at all times for all frequency deviation trajectories in a functional uncertainty set that encodes applicable legislation. Faithfully model...
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作者:Frazelle, Andrew E.; Katok, Elena
作者单位:University of Texas System; University of Texas Dallas
摘要:Problem definition: Motivated by the prevalence of paid priority programs in practice, we study a service provider operating a system in which customers have random waiting costs and choose between two queues: regular (no cost) or priority (for a fee). We also consider a mechanism by which the provider redistributes a portion of priority revenue to compensate regular-queue customers for their longer waits. Methodology/results: To determine the waiting-cost-dependent equilibrium priority purcha...
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作者:Candogan, Sidika Tunc; Cornelius, Philipp B.; Gokpinar, Bilal; Korpeoglu, Ersin; Tang, Christopher S.
作者单位:National University of Singapore; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam; University of London; University College London; University of California System; University of California Los Angeles
摘要:Problem definition: Crowdfunding goes beyond raising funds. Entrepreneurs often use crowdfunding to solicit feedback from customers to improve their products and may therefore prefer to launch their crowdfunding campaigns using basic versions of their products with fewer features. However, customers may not be persuaded by a campaign if the product appears to be underdeveloped. In view of this tradeoff, a key question for entrepreneurs is how much to develop a product before launching a crowdf...
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作者:Dong, Jing; Gorgulu, Berk; Sarhangian, Vahid
作者单位:Columbia University; McMaster University; University of Toronto
摘要:Problem definition: Delays in admission to rehabilitation care can adversely impact patient outcomes. In addition, delayed patients keep occupying their acute care beds, making them unavailable for incoming patients. Admission delays are mainly caused by a lack of rehabilitation bed capacity , the time required to plan for rehabilitation activities, which we refer to as processing times. Because of non-standard bed allocation decisions and data limitations in practice, quantifying the magnitud...
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作者:Ozer, Ozalp; Urrea, Gloria; Villa, Sebastian
作者单位:Amazon.com; University of Texas System; University of Texas Dallas; University of Colorado System; University of Colorado Boulder; University of New Mexico
摘要:Problem definition: Charities face tension when deciding whether to earmark donations, that is, allow donors to restrict the use of their donations for a specific purpose. Research shows that earmarking decreases operational performance because it limits charities' flexibility to use donations. However, there is also a common belief that earmarking increases donations. Earmarking is assumed to increase donations through three mechanisms: by (i) giving donors control over their donations, (ii) ...
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作者:Allon, Gad
作者单位:University of Pennsylvania
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作者:Agrawal, Deepak; Osadchiy, Nikolay
作者单位:Emory University
摘要:Problem definition: We provide a novel, supply network-based perspective on inventory productivity and incentives for its improvement. Methodology/results: Using data from 2003 to 2019, we find that inventory productivity is lower materially and statistically for firms located upstream in the supply network, and higher for high degree and more central firms. Firms with high inventory productivity show high equity valuations and abnormal returns, with both valuations and abnormal returns amplif...