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作者:Batt, Robert J.; Terwiesch, Christian
作者单位:University of Wisconsin System; University of Wisconsin Madison; University of Pennsylvania; University of Pennsylvania
摘要:We study queue abandonment from a hospital emergency department. We show that abandonment is influenced by the queue length and the observable queue flows during the waiting exposure, even after controlling for wait time. For example, observing an additional person in the queue or an additional arrival to the queue leads to an increase in abandonment probability equivalent to a 25-minute or 5-minute increase in wait time, respectively. We also show that patients are sensitive to being jumped i...
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作者:Anjos, Fernando; Fracassi, Cesare
作者单位:University of Texas System; University of Texas Austin
摘要:We propose and test a view of corporate diversification as a strategy that exploits internal information markets, by bringing together information that is scattered across the economy. First, we construct an interindustry network using input-output data, to proxy for the economy's information structure. Second, we introduce a new measure of conglomerate informational advantage, named excess centrality, which captures how much more central conglomerates are relative to specialized firms operati...
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作者:Armbruster, Benjamin; Delage, Erick
作者单位:Northwestern University; Universite de Montreal; HEC Montreal
摘要:We consider the problem of optimal decision making under uncertainty but assume that the decision maker's utility function is not completely known. Instead, we consider all the utilities that meet some criteria, such as preferring certain lotteries over other lotteries and being risk averse, S-shaped, or prudent. These criteria extend the ones used in the first- and second-order stochastic dominance framework. We then give tractable formulations for such decision-making problems. We formulate ...
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作者:Pang, Guodong; Perry, Ohad
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Northwestern University
摘要:We consider large contact centers that handle two types of jobs-inbound and outbound-simultaneously, a process commonly referred to as call blending. Inbound work arrives to the system according to an exogenous arrival process, whereas outbound work is generated by the contact center. We assume that there is an infinite supply of outbound work to process, and that inbound calls are prioritized over the outbound calls. We propose a logarithmic safety staffing rule, combined with a threshold con...