-
作者:Hosanagar, K; Krishnan, R; Chuang, J; Choudhary, V
作者单位:University of Pennsylvania; Carnegie Mellon University; University of California System; University of California Berkeley; University of California System; University of California Irvine
摘要:Network caches are the storage centers in the supply chain for content delivery-the digital equivalent of warehouses. Operated by access networks and other operators, they provide benefits to content publishers in the forms of bandwidth cost reduction, response time improvement, and handling of flash crowds. Yet, caching has not been fully embraced by publishers, because its use can interfere with site personalization strategies and/or collection of visitor information for business intelligenc...
-
作者:Du, N; Budescu, DV
作者单位:DePaul University; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Vagueness attitudes have been used to explain anomalies and irregularities in investment behavior. It is generally assumed (Ellsberg 1961) that decision makers (DMs) dislike vagueness, but this assumption has been challenged by empirical results documenting systematic alternative attitudes to vagueness as a function of its source, the domain of the decisions, and the response mode used. We investigate these three factors in a within-subjects design that was embedded in an investment context. D...
-
作者:Ray, SB; Li, SL; Song, YY
作者单位:McGill University
摘要:In this paper, we study a serial two-echelon supply chain selling a procure-to-stock product in a price-sensitive market. Our analytical modelling framework incorporates optimal pricing and stocking decisions for both echelons in the presence of stochastic demand and random delivery times. We focus on understanding how these decisions for the chain are affected by its management paradigm (centralized or decentralized), and its business characteristics-price sensitivity, demand uncertainty, and...
-
作者:Berling, P; Rosling, K
作者单位:Lund University; Vaxjo University; Linnaeus University
摘要:The effect of financial risks on (R, Q) inventory policies is analyzed in a real options framework. Simple adjustments of the usual formulas for R and Q are suggested and tested. Stochastic demand and purchase costs are considered, both with known systematic (business-cycle-related) risk. The systematic risk of stochastic demand has typically a negligible effect on the optimal values of R and Q, although an improvement may be achieved by a simple adjustment of R. The systematic risk of the pur...
-
作者:Elmaghraby, W
作者单位:University System of Maryland; University of Maryland College Park
摘要:One commonly held belief in designing auctions is that increasing the number of bidders makes an auction more competitive. Therefore a buyer who wishes to minimize her procurement costs is better off inviting more suppliers to participate. In this paper, we question the validity of this belief by shedding light on bidders' behavior when bidders experience economies of scale in production and differ in their production capacity. We consider a setting with two different sized bidders, global and...
-
作者:Anderson, SW; Dekker, HC
作者单位:Rice University; University of Melbourne; Vrije Universiteit Amsterdam
摘要:Using an unusually comprehensive database on 858 transactions for information technology products and accompanying services, we study how close partners who are exposed to opportunistic hazards structure and control a significant transaction. We analyze data on the terms of contracting to determine whether transaction and supplier characteristics that generate opportunistic hazards are related to the formal management control structure. We also examine whether misalignment between transaction ...
-
作者:Klos, A
作者单位:University of Mannheim; Columbia University; Columbia University; Centre for Economic Policy Research - UK
摘要:To investigate the effect of time horizon on investment behavior, this paper reports the results of an experiment in which business graduate students provided certainty equivalents and judged various dimensions of the outcome distribution of simple gambles that were played either once or repeatedly for 5 or 50 times. Systematic mistakes in the ex-ante estimations of the distributions of outcomes after (independent) repeated plays were observed. Despite correctly realizing that outcome standard...