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作者:Wang, Yu; Zhang, Yu; Zhou, Minglong; Tang, Jiafu
作者单位:Northeastern University - China; Southwestern University of Finance & Economics - China; Fudan University; Dongbei University of Finance & Economics; Dongbei University of Finance & Economics
摘要:Patient features such as gender, age, and underlying disease are crucial to improving the model fidelity of surgery duration. In this paper, we study a robust surgery scheduling problem augmented by patient feature segmentation. We focus on the surgery-to-operating room allocations for elective patients and future emergencies. Using feature data, we classify patients into different types using machine learning methods and characterize the uncertain surgery duration via a feature-based cluster-...
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作者:Kouvelis, Panos; Matsuo, Hirofumi; Xiao, Yixuan; Yuan, Quan
作者单位:Washington University (WUSTL); Tokyo International University; Washington State University; Zhejiang University
摘要:We study a long-term service agreement (LTSA) between an original equipment manufacturer (OEM) of a conventional power generator and a utility firm in the electricity supply chain. The OEM offers the LTSA to the utility firm, which specifies the service fee and the maintenance interval. The utility firm dynamically chooses among different resources (conventional, renewable, or emergency) to meet energy demand. An LTSA contracts on a generator's long-term production schedule (i.e., the usage ti...
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作者:Chuang, Ya-Tang; Zargoush, Manaf; Ghazalbash, Somayeh; Samiedaluie, Saied; Kuluski, Kerry; Guilcher, Sara
作者单位:National Cheng Kung University; McMaster University; University of Alberta; University of Toronto; Trillium Health Partners; University of Toronto; McMaster University
摘要:This study examines long-term care (LTC) discharge planning among older delayed discharge patients. While awaiting placements in alternate care such as LTC, these patients occupy hospital beds despite not requiring an intensive level of care. This study proposes a novel discharge decision model based on the Markov decision process (MDP) framework, which incorporates predictions regarding the patients' health trajectory and the associated hospital costs. Our machine learning (ML)-based predicti...
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作者:Wang (Shane), Xin; Li, Xi; Kopalle, Praveen K.
作者单位:Virginia Polytechnic Institute & State University; University of Hong Kong; Dartmouth College
摘要:Nowadays, firms frequently use big data and pricing algorithms to offer consumers personalized prices according to their willingness to pay. Advances in information technologies have further facilitated the use of customized pricing, which we consider an important facet of transformative marketing. At the outset, personalized pricing may appear to reduce the asymmetry of information between the firm and consumers, and benefits the firm but hurts consumers. To investigate this view, we consider...
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作者:Young, Gary J.; Zepeda, E. David; Flaherty, Stephen; Hasan, Md Mahmudul
作者单位:Northeastern University; Northeastern University; Northeastern University; Boston University; State University System of Florida; University of Florida; State University System of Florida; University of Florida; State University System of Florida; University of Florida; Northeastern University
摘要:Much interest exists in physicians' ability and willingness to adapt their practice styles, as research demonstrates that many physicians practice in ways that are not aligned with the best available scientific evidence. We exploit migration patterns of primary care physicians in Massachusetts over a span of 8 years by tracking physician migrations to practice sites comprised of new peers who shared actual physical working space. We examined whether a patient's likelihood of receiving an inapp...
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作者:Hertzel, Michael; Peng, Jie; Wu, Jing; Zhang, Yu
作者单位:Arizona State University; Arizona State University-Tempe; Tongji University; Chinese University of Hong Kong; Peking University; Tongji University
摘要:This paper provides evidence that the formation of global supply chain partnerships leads to an increased usage of cross-border financing. The findings are detected in all three major financing markets-equities, syndicated loans, and public debt. Difference-in-differences tests allow us to draw a causal interpretation of our main findings, which also holds in several robustness tests. Our findings suggest that increased cross-border financing reflects greater ability to access global financial...
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作者:Yi, Cheng; Jiang, Zhenhui (Jack); Zhou, Mi
作者单位:Tsinghua University; University of Hong Kong; University of British Columbia
摘要:Online retailers employ various kinds of social and marketing information cues to influence consumers' product interest and purchases. This study focuses on the effects of two types of information cues, product popularity and time restriction on product promotions, on consumers' product approach behavior. It takes a unique perspective by examining how such effects change as consumers' shopping goals become more concrete. The results of a field experiment and a laboratory experiment show that p...
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作者:Chung, Sunghun; Kim, Keongtae; Lee, Chul Ho; Oh, Wonseok
作者单位:George Washington University; Chinese University of Hong Kong; Korea Advanced Institute of Science & Technology (KAIST); Korea Advanced Institute of Science & Technology (KAIST)
摘要:Online peer-to-peer (P2P) lending has emerged as an innovative financial technology (FinTech) platform that renders financial services that are potentially more inclusive and affordable than those offered by traditional financial institutions. A similar purpose is served by cryptocurrency markets, where transaction costs are reduced and financial accessibility is improved based on disruptive technologies such as blockchain and distributed ledgers. Despite these developments, however, in the op...
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作者:Huh, Woonghee T.; Li, Hongmin
作者单位:University of British Columbia; Arizona State University; Arizona State University-Tempe; University of British Columbia
摘要:In many settings, consumer surplus directly impacts a firm or organization's objective, and the profit-only objective becomes inadequate. Our paper is the first to consider the dual objective of profit and consumer surplus in multi-product pricing under the multinomial logit demand, where the prices are continuously set. We define a firm's marginal consumer surplus as its marginal contribution to the expected customer utility transformed into monetary unit. Although the profit is concave in th...
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作者:Clarkson, Jake; Voelkel, Michael A.; Sachs, Anna-Lena; Thonemann, Ulrich W.
作者单位:Universite Cote d'Azur; University of Cologne; Lancaster University; Lancaster University
摘要:A retailer places orders periodically for items that are shipped by a wholesaler. Items that are not sold perish randomly and independently of one another, with the perish probability depending on the age class. We consider a first-in-first-out policy for depleting items. We model this problem as a Markov decision process with stochastic demand, unit holding, outdating and ordering costs, plus unit penalty costs for lost sales. We prove convexity for the penultimate period and show convexity m...