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作者：Jiang, Bo; Zhang, Xubing
作者单位：Chinese University of Hong Kong; Hong Kong Polytechnic University
摘要：A service plan is a type of optional warranty beyond manufacturers' base warranties that retailers offer to consumers. In this paper, we examine how a service plan affects the role played by a manufacturer's base warranty. Analysis shows that when consumers can assess product quality (i.e., the probability of product failure), the manufacturer's warranty is negatively affected by the presence of a service plan. In the presence of such a plan, a base warranty is offered only when the manufactur...
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作者：Lodi, Andrea; Martello, Silvano; Monaci, Michele; Cicconetti, Claudio; Lenzini, Luciano; Mingozzi, Enzo; Eklund, Carl; Moilanen, Jani
作者单位：University of Bologna; University of Padua; University of Pisa; Nokia Corporation; Siemens AG; Nokia Siemens Networks
摘要：We present the result of research, developed within Nokia Siemens Networks, to solve the downlink subframe allocation problem in Mobile WiMAX (IEEE 802.16) technology in its full complexity, while simultaneously fulfilling real-life constraints on processing power and delay. We describe the IEEE 802.16 standard, and introduce two system models. A theoretical analysis of the two-dimensional packing problems originated by such models shows that they are both NP-hard in the strong sense. From a p...
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作者：Deo, Sarang; Gurvich, Itai
作者单位：Northwestern University
摘要：One of the most important operational challenges faced by emergency departments (EDs) in the United States is patient overcrowding. In periods of overcrowding, an ED can request the emergency medical services (EMS) agency to divert incoming ambulances to neighboring hospitals, a phenomenon known as ambulance diversion. The EMS agency may accept this request provided that at least one of the neighboring EDs is not on diversion. From an operations perspective, properly executed ambulance diversi...
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作者：Chu, Leon Yang; Zhang, Hao
作者单位：University of Southern California
摘要：In this paper, we investigate the integrated information and pricing strategy for a seller who can take customer preorders before the release of a product. The preorder option enables the seller to sell a product at an early stage when consumers are less certain about their valuations. We find that the optimal pricing strategy may be highly dependent on the amount of information available at preorder and that a small change in the latter may cause a dramatic change in the proportion of consume...
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作者：Carmona, Rene; Hinz, Juri
作者单位：Princeton University; Princeton University; National University of Singapore
摘要：The existence of mandatory emission trading schemes in Europe and the United States, and the increased liquidity of trading on futures contracts on CO2 emissions allowances, led naturally to the next step in the development of these markets: These futures contracts are now used as underliers for a vibrant derivative market. In this paper, we give a rigorous analysis of a simple risk-neutral reduced-form model for allowance futures prices, demonstrate its calibration to historical data, and sho...
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作者：Dong, Yan; Yao, Yuliang; Cui, Tony Haitao
作者单位：University System of Maryland; Universities at Shady Grove; Lehigh University; University of Minnesota System; University of Minnesota Twin Cities
摘要：The widespread implementation of customer relationship management technologies in business has allowed companies to increasingly focus on both acquiring and retaining customers. The challenge of designing incentive mechanisms that simultaneously focus on customer acquisition and customer retention comes from the fact that customer acquisition and customer retention are usually separate but intertwined tasks that make providing proper incentives more difficult. The present study develops incent...
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作者：Maafi, Hela
作者单位：heSam Universite; Universite Pantheon-Sorbonne; Paris School of Economics
摘要：Preference reversals have been widely studied using risky or riskless gambles. However, little is known about preference reversals under ambiguity (unknown probabilities). Subjects were asked to make a binary choice between ambiguous P-bets (big likelihood of giving small prize) and ambiguous $-bets (small likelihood of giving large prize) and their willingness to accept was elicited. Subjects then performed the same two tasks with risky bets, where the probability of winning for a given risky...
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作者：Abdellaoui, Mohammed; L'Haridon, Olivier; Paraschiv, Corina
作者单位：Hautes Etudes Commerciales (HEC) Paris; Sorbonne Universite; Universite Paris Cite
摘要：This paper reports on the results of an experimental elicitation at the individual level of all prospect theory components (i.e., utility, loss aversion, and weighting functions) in two decision contexts: situations where alternatives are described as probability distributions and situations where the decision maker must experience unknown probability distributions through sampling before choice. For description-based decisions, our results are fully consistent with prospect theory's empirical...
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作者：Jing, Bing
摘要：W hen learning of product characteristics takes some time, a firm introducing a new durable faces the trade-off between releasing early to an uninformed market and deferring release to a better-informed market. In a two-period monopoly, we examine the strategic interaction between exogenous learning (EL) and seller-induced learning (SIL) and the firm's product release and pricing strategies. The familiar, direct effect of strong learning is to facilitate a higher price for informed customers. ...
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作者：Shen, Wenjing; Duenyas, Izak; Kapuscinski, Roman
作者单位：Drexel University; University of Michigan System; University of Michigan
摘要：Two recent papers on managing new product diffusion decisions under production constraints reach somewhat contradictory conclusions. Ho et al. (Ho, T.-H., S. Savin, C. Terwiesch. 2002. Managing demand and sales dynamics in new product diffusion under supply constraint. Management Sci. 48(2) 187-206) show that it is never optimal to refuse to satisfy any customers when the firm has inventory of the product. On the other hand, in a very similar model, Kumar and Swaminathan (Kumar, S., J. M. Swam...
