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作者:Tanrisever, Fehmi; Joglekar, Nitindra
作者单位:Ihsan Dogramaci Bilkent University; Villanova University
摘要:We assess how a retailer can manage inventories and labor under an extreme condition such as a temporary negative demand shock due to a pandemic or an economic turmoil. This analysis incorporates labor market frictions whereby firms incur deadweight costs associated with hiring and firing employees, as well as the option to furlough labor. We examine the impact of these frictions on a retail firm's optimal operating policies around inventory level, furlough, and layoffs. We find that labor mar...
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作者:Wu, Chenguang (Allen); Jin, Chen; Liu, Qian
作者单位:Hong Kong University of Science & Technology; National University of Singapore
摘要:We depart from the classic bundling literature on single-unit purchases and develop a multi-unit demand model in which customers decide both the variety and volume of their purchased products. We integrate product bundling with two commonly used usage-based pricing schemes in the service industry, pay-per-use and subscriptions, and examine pricing tactics that span both variety and usage. Our model captures customers' diminishing margins of consumption, and we demonstrate an intricate interpla...
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作者:Li, Tian; Luo, Huajiang; Shang, Weixin
作者单位:East China University of Science & Technology; Southwest Jiaotong University; Lingnan University
摘要:We study two competing firms' incentives for demand information sharing and their production timing strategies. One firm adopts routine timing, where her production time is fixed according to her previous product models' manufacturing time. The other firm uses strategic timing, where his production time can be strategically chosen to occur before, concurrently with, or after that of the routine-timing firm. The firms decide whether to disclose their private demand information and make quantity...
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作者:Jalili, Monire; Pangburn, Michael S.; Yazdani, Alireza
作者单位:Bentley University; University of Oregon; California State University System; California State Polytechnic University Pomona
摘要:Fashion sellers are sometimes critiqued for selling low durability products, resulting in waste. Blame is also directed at consumers, who purchase new fashions despite having accumulated a closet full of prior fashions. The slow fashion movement encourages sellers to produce higher durable products, thus supporting less frequent purchases by consumers. Using an infinite-time model and considering strategic consumer behavior, including their ability to accumulate a closet of varieties over time...
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作者:Jenkins, Donald John; Pajouh, Foad Mahdavi; Kirshen, Paul H.; Eftekhar, Mahyar
作者单位:University of Massachusetts System; University of Massachusetts Boston; Stevens Institute of Technology; University of Massachusetts System; University of Massachusetts Boston; Arizona State University; Arizona State University-Tempe
摘要:This study aims to extend the existing climate-change-induced flood mitigation research. We introduce an at-risk network to evaluate optimal cost-benefit strategies for creating dikes and levees to mitigate flood hazard over multiple years. Our proposed model includes the expected flood costs, estimated using possible climate-change-induced sea-level states throughout the planning horizon, and the investment costs for developing dikes and levees via land elevations across the at-risk network. ...
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作者:Lin, Xi; Gui, Luyi; Lu, Yixin
作者单位:University of California System; University of California Irvine; George Washington University
摘要:Livestream commerce has become an important sales channel with billions of revenue potential. A major challenge that brands often face in managing livestream sales in practice is negotiating sales prices and commission rates with key opinion leaders (KOLs) who promote products in such sales. On the one hand, KOLs can increase consumer reach, enhance consumer valuation of a product, and improve profitability of a sale. On the other hand, KOLs-who typically promise low sales prices in livestream...
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作者:Chung, Hakjin; Ahn, Hyun-soo; Lee, Myeonghun; Kim, Sang Won
作者单位:Korea Advanced Institute of Science & Technology (KAIST); University of Michigan System; University of Michigan
摘要:Government plays a critical role in developing and adopting new products with social benefits. We study how the government should mix two different subsidies-a technology-push subsidy, which awards manufacturers for cost-reducing R&D efforts, and a demand-pull subsidy, which directly rewards customers-when multiple firms compete in the presence of spillover. We develop a model with the government and two firms: The government first announces a subsidy policy, then the two firms decide R&D inve...
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作者:Duhaylongsod, Jose Benedicto; Zhao, Yingshuai
作者单位:IESEG School of Management; University of Cologne
摘要:This article investigates a setting where the retailer invests costly effort to shape demand, such as reducing demand fluctuation through demand-control effort or increasing demand levels with demand-promotion effort. We explore the preference bias between these two effort types and examine the impact of such a bias on profit performance. The experimental findings reveal that actual effort investments exhibit a significant preference bias for promotion effort in the low-profit condition, while...
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作者:Zhang, Yiying; Peng, Xiaosong (David); Zhao, Xiande; Lei, Yang
作者单位:Hunan University; Lehigh University; China Europe International Business School; Southern University of Science & Technology
摘要:E-commerce platforms are playing an increasingly important role in influencing manufacturers' supply chain and product decisions. An emerging supply chain innovation, known as the platform-based consumer-to-manufacturer (PC2M) model, has been initiated by several large e-commerce platforms based on established digital links between consumers and manufacturers. These links enable consumer inputs into manufacturers' operations, indirectly by capturing consumer preferences from platform-accumulat...
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作者:Jia, Hui; Hilafu, Haileab; Bichescu, Bogdan
作者单位:Dongbei University of Finance & Economics; University of Tennessee System; University of Tennessee Knoxville
摘要:Hospital-physician integration has been increasingly considered a potential solution for the underlying challenges hospitals face as they are adapting to value-based healthcare services. We adopt an activity-based measure of integration (ABI) to investigate the relationship between integration and care outcomes, namely in-hospital mortality risk, length of stay (LOS), and 30-day readmission risk. ABI is measured based on a group of physicians who handle a specific procedure, coronary artery by...