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作者：Kuang, Yunjuan; Jiang, Li
作者单位：Hong Kong Polytechnic University
摘要：We consider a firm using presales with two payments-including an upfront deposit and a postponed arrear-to sell a product to time-inconsistent consumers under various return policies. With the passage of time, consumers decide whether to preorder the product by paying the deposit, whether to settle the balance by paying the arrear by the due date, and, when returns are allowed, whether to return a fully paid product for a refund after its fitness is revealed. Canceling a preorder before settli...
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作者：Liu, Jian; Zhou, Yong-Pin; Chen, Jian
作者单位：Nanjing University of Information Science & Technology; University of Washington; University of Washington Seattle; Tsinghua University
摘要：In this study, we analyze how customer perceptions of ex ante unfairness affect a service provider that offers a priority service option. Customers differ in their waiting time costs, but that information is private to each customer. To address this issue and maximize revenue, the service provider offers a regular queue and a priority queue with an additional fee, thereby inducing the self-selection of customers into those two queues. The customers make their service-joining decision, based on...
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作者：Niranjan, Tarikere T.; Ghosalya, Narendra K.; Menon, Raveen R.; Rotaru, Kristian; Gavirneni, Srinagesh
作者单位：Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Bombay; Monash University; Monash University; Monash University; Cornell University
摘要：We report on the findings of five controlled experiments that test the effectiveness of proposed interventions aiming to improve both the process and outcomes of decision making when performing the newsvendor task. We use eye-tracking technology aided by interviews to gain new insights into people's cognitive processes. Our results confirm that human newsvendors exhibit the tendency of mean-reverting demand prediction using past demand even when the demand is independent and identically distri...
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作者：Orgut, Irem Sengul; Lodree, Emmett J.
作者单位：University of Alabama System; University of Alabama Tuscaloosa; University of Alabama System; University of Alabama Tuscaloosa
摘要：In the United States, food banks play an important role in helping to reduce the rate of food insecurity by distributing donated food among the population in need. One of the challenges that food banks face is to equitably distribute food donations among their clients such that, ideally, each recipient receives the same amount of food. They aim to do so while minimizing waste that occurs due to spoilage and capacity limitations. Perishable food items present specific challenges since they are ...
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作者：Gambaro, Anna Maria; Fusai, Gianluca; Sodhi, ManMohan S.; May, Caterina; Morelli, Chiara
作者单位：University of Eastern Piedmont Amedeo Avogadro; City St Georges, University of London; City St Georges, University of London
摘要：We propose a general modular approach to support decision-makers' response in the early stages of a pandemic with resource expansion, motivated by the shortage of Covid-19-related intensive care units (ICU) capacity in 2020 in Italy. Our approach uses (1) a stochastic extension of an epidemic model for scenarios of projected infections, (2) a capacity load model to translate infections into scenarios of demand for the resources of interest, and (3) an optimization model to allocate this demand...
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作者：Fang, Fang; Jiang, Baojun; Sun, Jiong
作者单位：California State University System; California State University Los Angeles; Washington University (WUSTL); Purdue University System; Purdue University; Purdue University System; Purdue University
摘要：Firms sometimes acquire partial ownership of their upstream suppliers. Such ownership entails no direct control over the target firm's decision-making; however, both firms might change their pricing strategies after forming a partial ownership relationship. This paper studies the economic impacts of partial vertical ownership (PVO) in a market with downstream competition, where a manufacturer supplies two competing retailers. We find that dividend payments between firms can alter firms' incent...
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作者：Yin, Qianbo; Jiang, Baojun; Zhou, Sean Xiang
作者单位：Shanghai University of Finance & Economics; Washington University (WUSTL); Chinese University of Hong Kong; Washington University (WUSTL)
摘要：Bundling can change consumers' choice set and affect their purchase decision. It is well documented that consumers' preferences depend on the bundling context. In this paper, we investigate the effects of consumers' context-dependent preferences (CDPs) on the firm's optimal bundling strategy in various competitive situations. We consider a market where a monopolist firm in product category A also sells a product in product category B. We analyze three scenarios in category B: (1) an independen...
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作者：Chaturvedi, Aadhaar
作者单位：University of Auckland
摘要：We consider a multi-item buyer's make versus buy decision. The buyer sells two substitutable products with uncertain demand. Each product requires a different item, which the buyer procures from two separate suppliers (one for each item) who offer quantity-payment contracts under asymmetric information. The buyer can make one of the items but not both. We compare the buyer's expected profit between buying both the items and making one item (and buying the other), when it can make the item at t...
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作者：Aral, Karca D.; Giambona, Erasmo; Van Wassenhove, Luk N.
作者单位：Syracuse University; Syracuse University; INSEAD Business School; Syracuse University
摘要：We study the effect of managerial time horizon on two key operations decisions: inventory levels and capacity investment. For identification, we exploit a quasi-natural experiment provided by the staggered adoption of constituency statutes, which alleviate managerial short-termism by providing legal protection to executives adopting a long-term approach in their corporate decisions. Using a staggered difference-in-differences design, we find that, after the reforms, firms incorporated in const...
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作者：Jiang, Zhong-Zhong; Cui, Shiliang; He, Na; Li, Kunyang; Tian, Lin
作者单位：Northeastern University - China; Northeastern University - China; Georgetown University; Shanghai Jiao Tong University; Fudan University; Shanghai Jiao Tong University
摘要：Pirated video clips, a new form of piracy, have spread rapidly in recent years with the vigorous development of short-video social media platforms such as TikTok and Douyin. This has led to a huge loss of revenue for the film and TV drama industry where the negative economic impact trickles down from legitimate video platforms to content creators. As video platforms fight back against copyright infringement, they need to decide how much effort to invest in detecting and taking down pirated vid...
