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作者：Kroes, James; Subramanian, Ravi; Subramanyam, Ramanath
作者单位：Boise State University; University System of Georgia; Georgia Institute of Technology; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Cap and trade programs impose limits on industry emissions but offer individual firms the flexibility to choose among different operational levers toward compliance, including inputs, process changes, and the use of allowances to account for emissions. In this paper, we examine the relationships among (1) levers for compliance (at-source pollution prevention, end-of-pipe pollution control, and the use of allowances); (2) environmental performance; and (3) firm market performance for the contex...
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作者：Yang, Zhibin (Ben); Aydin, Goeker; Babich, Volodymyr; Beil, Damian R.
作者单位：University of Oregon; Indiana University System; IU Kelley School of Business; Indiana University Bloomington; Georgetown University; University of Michigan System; University of Michigan
摘要：We study a buyer's strategic use of a dual-sourcing option when facing suppliers possessing private information about their disruption likelihood. We solve for the buyer's optimal procurement contract. We show that the optimal contract can be interpreted as the buyer choosing between diversification and competition benefits. Better information increases diversification benefits and decreases competition benefits. Therefore, with better information the buyer is more inclined to diversify. Moreo...
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作者：Alexandrov, Alexei; Lariviere, Martin A.
作者单位：University of Rochester; Northwestern University
摘要：We examine the role of reservations in capacity-constrained services with a focus on restaurants. Although customers value reservations, restaurants typically neither charge for them nor impose penalties for failing to keep them. However, reservations impose costs on firms offering them. We offer a novel motivation for offering reservations that emphasizes the way in which reservations can alter customer behavior. We focus on a market in which demand is uncertain and the firm has limited capac...
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作者：Ata, Baris; Lee, Deishin; Tongarlak, Mustafa H.
作者单位：Northwestern University; Harvard University
摘要：A waste-to-energy firm that recycles organic waste with energy recovery performs two environmentally beneficial functions: it diverts waste from landfills and it produces renewable energy. At the same time, the waste-to-energy firm serves and collects revenue from two types of customers: waste generators who pay for waste disposal service and electricity consumers who buy energy. Given the process characteristics of the waste-to-energy operation, the market characteristics for waste disposal a...
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作者：Pang, Guodong; Whitt, Ward
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Columbia University
摘要：This paper investigates the impact of dependence among successive service times on the transient and steady-state performance of a large-scale service system. This is done by studying an infinite-server queueing model with time-varying arrival rate, exploiting a recently established heavy-traffic limit, allowing dependence among the service times. This limit shows that the number of customers in the system at any time is approximately Gaussian, where the time-varying mean is unaffected by the ...
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作者：Comez, Nagihan; Stecke, Kathryn E.; Cakanyildirim, Metin
作者单位：Ihsan Dogramaci Bilkent University; University of Texas System; University of Texas Dallas
摘要：A decentralized system of competing retailers that order and sell the same product in a sales season is studied. When a customer demand occurs at a stocked-out retailer, that retailer requests a unit to be transshipped from another retailer who charges a transshipment price. If this request is rejected, the unsatisfied customer may go to another retailer with a customer overflow probability. Each retailer decides on the initial order quantity from a manufacturer and on the acceptance/rejection...
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作者：Chiang, Wei-yu Kevin
作者单位：City University of Hong Kong
摘要：This study extends the single-period vertical price interaction in a manufacturer-retailer dyad to a multi-period setting. A manufacturer distributes a durable product through an exclusive retailer to an exhaustible population of consumers with heterogeneous reservation prices. In each period, the manufacturer and retailer in turn set wholesale and retail prices, respectively, and customers with valuation above the retail price adopt the product at a constant (hazard) rate. We derive the open-...
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作者：Babich, Volodymyr; Tang, Christopher S.
作者单位：Georgetown University; University of California System; University of California Los Angeles
摘要：Recent cases of product adulteration by foreign suppliers have compelled many manufacturers to rethink approaches to deterring suppliers from cutting corners, especially when manufacturers cannot fully monitor and control the suppliers' actions. In this paper, we study three mechanisms for dealing with product adulteration problems: (a) the deferred payment mechanism-the buyer pays the supplier after the deferred payment period only if no adulteration has been discovered by the customers; (b) ...
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作者：Subramanian, Ravi; Subramanyam, Ramanath
作者单位：University System of Georgia; Georgia Institute of Technology; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Measures to extend the economic lives of products-such as remanufacturing carried out by closed-loop supply chains-are receiving increased attention because of various economic and regulatory factors. In this paper, we examine drivers of price differentials between new and remanufactured products using data on purchases made on eBay. Our analysis shows that seller reputation significantly explains the price differentials between new and remanufactured products. We also find that products reman...
