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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：Cachon, Gerard P.; Swinney, Robert
作者单位：University of Pennsylvania; Stanford University
摘要：A fast fashion system combines quick response production capabilities with enhanced product design capabilities to both design hot products that capture the latest consumer trends and exploit minimal production lead times to match supply with uncertain demand. We develop a model of such a system and compare its performance to three alternative systems: quick-response-only systems, enhanced-design-only systems, and traditional systems (which lack both enhanced design and quick response capabili...
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作者：Cason, Timothy N.; Kannan, Karthik N.; Siebert, Ralph
作者单位：Purdue University System; Purdue University
摘要：Theoretical models of information asymmetry have identified a trade-off between the desire to learn and the desire to prevent an opponent from learning private information. This paper reports a laboratory experiment that investigates if actual bidders account for this trade-off, using a sequential procurement auction with private cost information and varying information revelation policies. Specifically, the Complete Information Revelation Policy, where all submitted bids are revealed between ...
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作者：Allon, Gad; Bassamboo, Achal
作者单位：Northwestern University
摘要：Provision of real-time information by a firm to its customers has become prevalent in recent years in both the service and retail sectors. In this paper, we study a retail operations model where customers are strategic in both their actions and in the way they interpret information, whereas the retailer is strategic in the way it provides information. This paper focuses on the ability (or the lack thereof) to communicate unverifiable information and influence customers' actions. We develop a g...
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作者：Hoehn, Wiebke; Koenig, Felix G.; Moehring, Rolf H.; Luebbecke, Marco E.
作者单位：Technical University of Berlin; RWTH Aachen University
摘要：We consider a complex planning problem in integrated steel production. A sequence of coils of sheet metal needs to be color coated in consecutive stages. Different coil geometries and changes of colors necessitate time-consuming setup work. In most coating stages one can choose between two parallel color tanks. This can either reduce the number of setups needed or enable setups concurrent with production. A production plan comprises the sequencing of coils and the scheduling of color tanks and...
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作者：Stecher, Jack; Shields, Timothy; Dickhaut, John
作者单位：Carnegie Mellon University; Chapman University System; Chapman University
摘要：This article develops a method for drawing samples from a distribution with no finite quantiles or moments. The method provides researchers with a way to give subjects the experience of ambiguity. In any experiment, learning the distribution from experience is impossible for the subjects, essentially because it is impossible for the experimenter. We characterize our method, illustrate it in simulations, and then test it in a laboratory experiment. Our method does not withhold sampling informat...
