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作者:Liu, Fang; Guo, Pengfei; Wang, Yulan; Xi, Yuejuan
作者单位:Durham University; City University of Hong Kong; Hong Kong Polytechnic University; Southwestern University of Finance & Economics - China
摘要:Consider a public healthcare system consisting of a hospital, a mobile clinic (MC), and a population of potential patients. The government is concerned about the system's healthcare spending and the population's health outcomes. It decides the frequency and capacity of the MC service to maximize the social welfare that consists of two terms: the system's long-run average healthcare cost and the population's average quality-adjusted life year (QALY). We characterize the population's natural dis...
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作者:Zhang, Jing; Xu, Jian; Wang, Xuequn; Fan, Weiguo; Yao, Xiaoxu; Yang, Zhonghua
作者单位:Dongbei University of Finance & Economics; University of New Mexico; University of Iowa; Jilin University
摘要:Online reviews play an important role in explaining product demand. Our study extends the literature by assessing how arousal (the intensity of the emotion), an important dimension of emotion, and valence (the positiveness of the emotion) can affect product demand across different customer groups. Specifically, regarding product demand from new customers, consumers infer service quality from expressed valence and arousal from other consumers' reviews. Regarding product demand from returning cu...
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作者:Gijsbrechts, Joren; Boute, Robert N.; Disney, Stephen M.; Van Mieghem, Jan A.
作者单位:Universidade Catolica Portuguesa; Vlerick Business School; University of Exeter; Northwestern University
摘要:We investigate how volume flexibility, defined by a sourcing cost premium beyond a base capacity, at a local responsive supplier impacts the decision to reshore supply. The buyer also has access to a remote supplier that is cheaper with no restrictions on volume flexibility. We show that with unit lead time difference between both suppliers, the optimal dual sourcing policy is a modified dual base-stock policy with three base-stock levels S 1 f, S 2 f, and S s. The replenishment orders are gen...
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作者:Chen, Yonghui; Xu, Ailing; He, Qiao-Chu; Chen, Ying-Ju
作者单位:Hong Kong University of Science & Technology; Southern University of Science & Technology; Hong Kong University of Science & Technology
摘要:Motivated by the emerging mixed autonomous paradigm in cobotic order picking operations, we investigate the optimal information design to navigate human workers (HWs) who cooperate with autonomous mobile robots (AMRs) within an intralogistics system. We incorporate asymmetric information between AMRs and HWs in a routing game where connected AMRs are informed of the congestion state while HWs rely on information provided by the system. The system designs a communication policy aiming to naviga...
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作者:Ge, Jiwen; Tomlin, Brian
作者单位:Dongbei University of Finance & Economics; Universidade Nova de Lisboa; Dartmouth College
摘要:We explore retail supply chains in emerging markets in which a manufacturer can reach consumers by selling its product through very small independent stores (nanostores) and/or through a supermarket. Nanostores offer consumers the advantage of proximity, but supermarkets offer the advantage of bulk buying. We explore the competition between the supermarket and nanostores and examine the manufacturer's role in shaping the retail market structure for its product through wholesale price contracts...
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作者:Terekhov, Maxim A.; Demirezen, Emre M.; Aytug, Haldun
作者单位:State University System of Florida; University of Florida
摘要:This paper summarizes emerging practice and research issues in the health insurance industry. We provide an industry overview, epitomize business analytics applications, and outline current and emerging problems of interest to key stakeholders and researchers in information systems, operations management, and healthcare management. Specifically, we focus on three areas of research that are of importance to the health insurance industry as well as the healthcare system: (i) management and evalu...
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作者:Li, Chaofan; Liu, Qiliang; Wang, Wenming; Zeng, Cheng (Colin); Zhou, Pin
作者单位:Wuhan University of Technology; Jiangxi University of Finance & Economics; Zhejiang University; Hong Kong Polytechnic University; Huazhong Agricultural University
摘要:This study examines the relationship between major customer concentration and supplier firms' adoption of blockchain. Using a sample of 9,745 Chinese firm-year observations spanning 2018-2021, we find that the likelihood of suppliers' blockchain technology adoption in supply chain management is negatively associated with major customer concentration. The negative relation is reduced when supplier firms possess greater bargaining power and demonstrate governance mechanisms against information l...
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作者:Wu, Xuanyu; Yang, Min; Liang, Liang; Chen, Jingxian
作者单位:Hefei University of Technology
摘要:As the scale of renewable energy on the demand side continues to grow, a new demand response program (DRP), the virtual power plant (VPP), pays a rebate to the consumer and purchases his rooftop solar electricity. This electricity is dispatched to areas of electricity shortages, which is vital in balancing electricity loads and avoiding energy waste. However, the new DRP differs from the traditional DRP in terms of paying rebates. The traditional DRP requires consumers to respond above a speci...
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作者:Jia, Xue; Suijs, Jeroen
作者单位:University of Melbourne; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要:This paper investigates the interaction between cheap-talk advertising and credible third-party product reviews to inform customers about product quality. We find that cheap-talk advertising can be informative when the firm's private information helps predict a credible product review. A more informative credible product review has two effects on cheap-talk advertising. First, a credible product review plays a disciplinary role that enables the firm to provide informative advertising. Second, ...
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作者:Qu, Zhan; Raff, Horst; Stahler, Frank
作者单位:University of Gottingen; University of Kiel; Eberhard Karls University of Tubingen; Leibniz Association; Ifo Institut
摘要:Getting downstream firms in a supply chain to share private information about consumer demand with their suppliers is generally considered a prerequisite to dampening the bullwhip effect, that is, the amplification of demand shocks as they pass upstream in a supply chain. If downstream firms are reluctant to share their demand information, how can they best be incentivized to do so, and what does the optimal incentive scheme imply for the bullwhip effect and supply chain efficiency? We examine...