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作者:Allon, Gad; Askalidis, Georgios; Berry, Randall; Immorlica, Nicole; Moon, Ken; Singh, Amandeep
作者单位:University of Pennsylvania; Northwestern University; Microsoft
摘要:Lean and agile models of product development organize the flexible capacity to rapidly update individual products in response to customer feedback. Although agile operations have been adopted across numerous industries, neither the benefits nor the factors explaining when firms choose to become agile are validated and understood. We study these questions using data on the development of mobile apps, which occurs through the dynamic release of new versions into the mobile app marketplace, and t...
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作者:Choudhary, Vivek; Shunko, Masha; Netessine, Serguei; Koo, Seongjoon
作者单位:Nanyang Technological University; University of Washington; University of Washington Seattle; University of Pennsylvania
摘要:Driving is an integral component of many operational systems, and any small improvement in driving quality can have a significant effect on accidents, traffic, pollution, and the economy in general. However, making improvements is challenging given the complexity and multidimensionality of driving as a task. In this paper, we investigate the effectiveness of nudging to improve driving performance. In particular, we leverage a smartphone application launched by our industry partners to send thr...
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作者:Anderson, Evan; Cheng, Ai-ru (Meg)
作者单位:Northern Illinois University
摘要:This paper proposes a Bayesian-averaging heterogeneous vector autoregressive portfolio choice strategy with many big models that outperforms existing methods out-of sample on numerous daily, weekly, and monthly datasets. The strategy assumes that excess returns are approximately determined by a time-varying regression with a large number of explanatory variables that are the sample means of past returns. Investors consider the possibility that every period there is a regime change by keeping t...
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作者:Geng, Xin; Guo, Xiaomeng; Xiao, Guang
作者单位:University of Miami; Hong Kong Polytechnic University
摘要:We study the impacts of social interactions on competing firms' quality differentiation, pricing decisions, and profit performance. Two forms of social interactions are identified and analyzed: (1) market-expansion effect (MEE)-the total market expands as a result of both firms' sales-and (2) value-enhancement effect (VEE)-a consumer gains additional utility of purchasing from one firm based on this firm's previous and/or current sales volume. We consider a two-stage duopoly competition framew...
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作者:Hu, Ming; Xu, Xiaolin; Xue, Weili; Yang, Yi
作者单位:University of Toronto; Nanjing University; Southeast University - China; Zhejiang University
摘要:Both traditional retailers and e-tailers have been implementing omnichannel strategies such as buy online, pick up at store (BOPS). We build a stylized model to investigate the impact of the BOPS initiative on store operations from an inventory perspective. We consider two segments of customers, namely store-only customers who only make purchases offline and omni-customers who strategically choose between offline and online channels. We show that BOPS may either benefit or hurt the retailer de...
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作者:Xia, Xiaoyu; Chong, Juin Kuan
作者单位:University of Essex; National University of Singapore
摘要:We study taxi markets in Singapore to understand market entry in the field. Although market-entry games in the laboratory consistently produce equilibrium outcomes, we show that a lack of market knowledge hinders the markets from consistently reaching equilibrium in the field. In Singapore, a small, 720-square-kilometre island city that can be divided into 29 taxi markets, full equilibrium is elusive: 68% of the market-entry decisions made by the 2,728 taxi drivers in our data could be improve...
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作者:Schiffer, Maximilian; Boysen, Nils; Klein, Patrick S.; Laporte, Gilbert; Pavone, Marco
作者单位:Technical University of Munich; Technical University of Munich; Friedrich Schiller University of Jena; Universite de Montreal; HEC Montreal; University of Bath; Stanford University
摘要:In e-commerce warehouses, online retailers increase their efficiency by using a mixed-shelves (or scattered storage) concept, where unit loads are purposefully broken down into single items, which are individually stored in multiple locations. Irrespective of the stock keeping units a customer jointly orders, this storage strategy increases the likelihood that somewhere in the warehouse the items of the requested stock keeping units will be in close vicinity, which may significantly reduce an ...
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作者:Cohen, Maxime C.; Elmachtoub, Adam N.; Lei, Xiao
作者单位:McGill University; Columbia University; Columbia University
摘要:Price discrimination strategies, which offer different prices to customers based on differences in their valuations, have become common practice. Although it allows sellers to increase their profits, it also raises several concerns in terms of fairness (e.g., by charging higher prices (or denying access) to protected minorities in case they have higher (or lower) valuations than the general population). This topic has received extensive attention from media, industry, and regulatory agencies. ...
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作者:Nam Ho-Nguyen; Kilinc-Karzan, Fatma
作者单位:University of Sydney; Carnegie Mellon University
摘要:Prediction methods are often employed to estimate parameters of optimization models. Although the goal in an end-to-end framework is to achieve good performance on the subsequent optimization model, a formal understanding of the ways in which prediction methods can affect optimization performance is notably lacking. This paper identifies conditions on prediction methods that can guarantee good optimization performance. We provide two types of results: asymptotic guarantees under a well-known F...
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作者:Foerderer, Jens; Schuetz, Sebastian W.
作者单位:Technical University of Munich; State University System of Florida; Florida International University
摘要:Although firms' announcement of data breaches can lead to reputational or operational damages, extant research suggests that stock markets are relatively unresponsive to such announcements. We investigate whether markets' unresponsiveness can be explained by firms strategically timing the announcement to coincide with busy days in the media, thereby reducing attention and, ultimately, attenuating market reactions. We leverage novel data on data breach announcements in the United States between...