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作者：Katok, Elena; Tan, Lijia
作者单位：University of Texas System; University of Texas Dallas; Eindhoven University of Technology
摘要：We study the ability to renegotiate in a supply chain setting with the possibility of supply disruption. Disruptions are a real threat to supply chains, especially as the supply chains become longer and more complex. When buyers and sellers write a purchase contract, specifying every possible contingency related to disruptions may not be realistic. However, the ability to renegotiate once a disruption occurs can help buyers and suppliers find efficient solutions. We conducted a controlled labo...
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作者：de Oliveira, Fabola Negreiros; Alem, Douglas; Oliveira, Fabrcio; Leiras, Adriana
作者单位：Pontificia Universidade Catolica do Rio de Janeiro; University of Edinburgh; Aalto University
摘要：Malaria remains a significant public health concern in several developing countries. Tropical weather, coupled with poor environmental and socioeconomic conditions, increases mosquito activity and disease transmission in impoverished nations. The most effective strategy to prevent and control malaria is the use of long-lasting insecticidal nets, or LLINs. Ensuring that LLINs are effectively and equitably distributed to those who need them most is crucial yet challenging, especially since finan...
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作者：Freund, Daniel; Hssaine, Chamsi
作者单位：Massachusetts Institute of Technology (MIT); University of Southern California
摘要：We study a decision-maker's problem of finding optimal monetary incentive schemes for retention when faced with agents whose participation decisions (stochastically) depend on the incentive they receive. Our focus is on policies constrained to fulfill two fairness properties that preclude outcomes wherein different groups of agents experience different treatment on average. We formulate the problem as a high-dimensional stochastic optimization problem and study it through the use of a closely ...
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作者：Gaimon, Cheryl; Lee, Jaeseok; Ramachandran, Karthik; Wang, Zeya
作者单位：University System of Georgia; Georgia Institute of Technology; Coastal Carolina University; University System of Ohio; University of Dayton
摘要：Consider a client who has a problem she cannot solve by a given due date, and a consultant engaged to help. The consultant sets the price for knowledge outsourcing to maximize his profit. The client sets the quantity of knowledge outsourcing and the portion of the problem she solves in-house to minimize her cost. The client benefits from knowledge outsourcing only to the extent that she has absorptive capacity to understand and utilize that knowledge. In this context, absorptive capacity is dr...
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作者：Jiang, Bo; Wang, Zizhuo; Xue, Chenyu; Zhang, Nanxi
作者单位：Shanghai University of Finance & Economics; Shanghai University of Finance & Economics; Shanghai University of Finance & Economics; The Chinese University of Hong Kong, Shenzhen; East China University of Science & Technology; Western University (University of Western Ontario)
摘要：The assortment provided by the seller can influence customers' evaluation of item utility. A possible consequence is that certain items in an assortment become focal items to customers, and customers over-evaluate their utilities. We refer to this phenomenon as the focal effect. Kovach and Tserenjigmid (2022) recently propose a focal Luce model (FLM) to describe customers' choices in the presence of the focal effect. The merit of the FLM lies in its flexibility to model different consumer psyc...
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作者：Chen, Zhou; He, Simai; Wang, Zhen; Zheng, Meng
作者单位：Southeast University - China; Shanghai Jiao Tong University; Shanghai University of Finance & Economics; Shanghai University of Finance & Economics
摘要：This study investigates a robust monopoly pricing problem, where a seller seeks to maximize expected revenue when selling a product to a buyer with limited information, specifically knowing only the mean, variance, and asymmetric information (semivariance) of the buyer's valuation distribution. We explore both deterministic and randomized pricing strategies and evaluate their performance under these constraints. We formulate two maximin problems aimed at maximizing the worst-case expected reve...
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作者：Modaresi, Sajad; Emadi, Seyed Morteza; Deshpande, Vinayak
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina School of Medicine
摘要：We study the click and purchase behavior of customers in an online retail setting by employing a structural estimation approach. In particular, we aim to understand the impact of the information available to the customer before and after the click on the customer's search and purchase behavior. We propose a sequential discrete choice framework to model the customer's search strategy, where the customer repeatedly decides between continuing her search by clicking on a product, or stopping her s...
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作者：Huang, Shihao; Xie, Hang; Zhang, Yudi; Chiu, Chun-Hung
作者单位：Sun Yat Sen University; University of Liverpool
摘要：Buy-online-pick-up-at-store (BOPS) is a prevalent strategy in omnichannel retailing. It is widely adopted by retailers, such as Target and Walmart, to attract customers via providing real-time information on product inventory and instant in-store pickup. This strategy is distinguished by its integration of online and offline channels, offering an exclusive service when compared to suppliers who operate solely online. Intuitively, BOPS enhances the competitive advantage of retailers, thereby co...
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作者：Xing, Guomin; Chen, Zhi; Zhong, Yuanguang; Zhou, Yong-Wu
作者单位：South China University of Technology; City University of Hong Kong
摘要：We investigate the implications and interplay of emergency supply and responsive pricing-two effective strategies to mitigate supply risk-in response to yield randomness with limited distributional information. Specifically, we adopt a distribution-free approach to study an ambiguity-averse monopoly's joint price and production decisions given the random yield's mean and variance-arguably two of the most widely used and easy-to-estimate summary statistics. We derive for four models, which resu...
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作者：Luan, Shujie; Wang, Ruxian; Xu, Xiaolin; Xue, Weili
作者单位：Southeast University - China; Johns Hopkins University; Nanjing University
摘要：In this article, we incorporate the effects of multi-unit purchases into consumer choice models and investigate the associated joint assortment and price optimization problems. Under the proposed two-stage choice framework, consumers first form a consideration set, and then select a product with the optimal quantity from the consideration set to maximize their utility. For the joint assortment and pricing problem with homogeneous consumers, we find that a multi-purchase-willingness-ordered ass...
