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作者：Zhang, Dennis J.; Gurvich, Itai; Van Mieghem, Jan A.; Park, Eric; Young, Robert S.; Williams, Mark V.
作者单位：Northwestern University; University of British Columbia; Indiana University System; Indiana University Indianapolis; University of Kentucky
摘要：The Hospital Readmissions Reduction Program (HRRP), a part of the U.S. Patient Protection and Affordable Care Act, requires the Centers for Medicare and Medicaid Services to penalize hospitals with excess readmissions. We take an economic and operational (patient flow) perspective to analyze the effectiveness of this policy in encouraging hospitals to reduce readmissions. We develop a game-theoretic model that captures the competition among hospitals inherent in HRRP's benchmarking mechanism. ...
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作者：Gardete, Pedro M.
作者单位：Stanford University
摘要：Much like in other semiconductor environments, dynamic random access memory ( DRAM) manufacturers face significant demand uncertainty before production and capacity decisions can be implemented. This paper investigates the role of market information in DRAM manufacturing and the consequences of allowing information sharing in the industry. An oligopoly model of competition with correlated private information is developed in which firms make decisions about production and capacity. In this sett...
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作者：Zhang, Juanjuan
作者单位：Massachusetts Institute of Technology (MIT)
摘要：Deadlines are common in product development and are often felt to be too harsh-many development efforts are still worth continuing at the time of mandated termination. We examine the value of deadlines from the agency-theoretic perspective. We consider a firm that pays an agent to lead product development activities. The chance of success depends on the viability of the project and the effort of the agent. As the project proceeds without success, doubts grow as to whether the project is viable...
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作者：Pigors, Mark; Rockenbach, Bettina
作者单位：University of Cologne
摘要：We investigate the emergence of socially responsible (SR) production through consumer decisions. Our experimental treatments vary market competitiveness and consumers' information on social responsibility in production. We show that-irrespective of consumers' information-SR production reduces monopolistic supplier's profit and is therefore unlikely to emerge. With supplier competition, SR production positively influences consumers' buying decisions and suppliers offering SR products achieve si...
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作者：Atkinson, Scott E.; Ramdas, Kamalini; Williams, Jonathan W.
作者单位：University System of Georgia; University of Georgia; University of London; London Business School; University of North Carolina; University of North Carolina Chapel Hill
摘要：Airlines use robust scheduling to mitigate the impact of unforeseeable disruptions on profits. We examine how effectively three common practices-flexibility to swap aircraft, flexibility to reassign gates, and scheduled aircraft downtime-accomplish this goal. We first estimate a multiple-input, multiple-outcome production frontier, which defines the attainable set of outcomes from given inputs. We then recover unobserved input costs and calculate how expenditure on inputs affects outcomes and ...
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作者：Myers, Brett W.; Saretto, Alessio
作者单位：Texas Tech University System; Texas Tech University; University of Texas System; University of Texas Dallas
摘要：We use contract negotiation data to study how leverage affects the interaction between firms and an important nonfinancial stakeholder, labor unions. Consistent with the idea that leverage diminishes the bargaining position of labor, we find that unions are less likely to strike when a firm has high leverage or increases leverage prior to a contract negotiation. We also find large leverage increases after a strike, consistent with the idea that firms intentionally use leverage to improve their...
