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作者:Gangwar, Manish; Bhargava, Hemant K.
作者单位:Indian School of Business (ISB); University of California System; University of California Davis
摘要:Many firms are adopting an everything or anything as a service-XaaS-model to sell goods and value-added services. Buyers for such goods are heterogeneous both in the number of units they desire and the valuations for each unit. Suppliers designing such revenue models can offer either a usage-based per-unit fee or an access-based per-period fee, often combining them both as a nonlinear two-part tariff plan that imposes both types of fees on all buyers or let buyers self-select from a menu of pe...
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作者:Dong, Chang; Lei, Yong; Liu, Qian
作者单位:Durham University; Southwestern University of Finance & Economics - China; Hong Kong University of Science & Technology
摘要:For generation products characterized by frequent releases of new versions, when a new version is introduced to the market, the current version usually still has a remaining useful life. This creates a challenge for a firm to manage used product collection and upgraded product introductions at the same time, especially with the presence of a secondary market. This paper develops an analytical model to study the design and evaluation of two widely adopted collection policies for used products. ...
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作者:Limon, Yasemin; Tang, Christopher S.; Tanrisever, Fehmi
作者单位:Ihsan Dogramaci Bilkent University; University of California System; University of California Los Angeles
摘要:Should a firm begin its production even before its new product is approved? In a competitive market with time-sensitive consumers, a firm may choose to adopt the concurrent process by conducting the approval process and the production process in parallel so that the product will become available for sale once approved. However, to avoid incurring upfront (production related) investments that are nonrecoverable should the product fail to receive approval, a firm may opt for the sequential proce...
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作者:Li, Yiming; Li, Gang; Pan, Xiajun Amy
作者单位:Xi'an Jiaotong University; Xidian University; State University System of Florida; University of Florida; Xi'an Jiaotong University
摘要:We study return shipping insurance (RSI) policies prevalent on platforms such as JD.com and Taobao.com. Retailers on those platforms can purchase and provide RSI for consumers (RRSI) or offer an option for consumers to buy RSI themselves (CRSI). With either RSI, consumers will be partially compensated by an insurer for their shipping fees associated with product returns. As the consumers' uncertainty about product fit is realized only after purchase, their decisions whether to purchase CRSI ma...
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作者:Deore, Aishwarrya; Krishnan, Ranjani; Nair, Anand
作者单位:Georgetown University; Michigan State University; Michigan State University's Broad College of Business; Michigan State University; Michigan State University's Broad College of Business
摘要:Ensuring continuity of care for patients after an intensive hospitalization episode is a complex dilemma that plagues the US health-care system. Despite its influence on health outcomes such as mortality and readmissions, it is difficult to construct policy instruments such as report cards or penalties for improving continuity of care due to the fragmented nature of post-intensive hospitalization care. However, policy instruments that target other related health outcomes can also benefit conti...
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作者:Burkhardt, Maximilian; Nitsch, Felix Jan; Spinler, Stefan; van Wassenhove, Luk
作者单位:WHU - Otto Beisheim School of Management; INSEAD Business School; INSEAD Business School; INSEAD Business School
摘要:Humanitarian workers often operate under highly stressful conditions, view emotional scenes, and face high time pressures. This may bias managerial decision-making in humanitarian logistics, but evidence is lacking. We model humanitarian logistics decisions in an adapted newsvendor setting. We experimentally expose participants to time pressure, noise, and emotional pictures. Using physiological and self-reported data, we confirm that these manipulations have different effects on two component...
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作者:Naumov, Sergey; Keith, David
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Massachusetts Institute of Technology (MIT)
摘要:Ride-hailing platforms such as Uber and Lyft promise to reduce the negative externalities of driving and improve access to transportation. However, recent empirical evidence has been mixed about the impact of ride-hailing on US cities, often resulting in a net increase in traffic congestion and greenhouse gas (GHG) emissions, largely due to increased travel demand and competition with public transit. Pooled rides, in which multiple passengers share a single vehicle, are an effective solution t...
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作者:Chen, Zhiyuan; Kong, Guangwen
作者单位:Wuhan University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:COVID-19 is a highly contagious disease that has spread to most countries at unprecedented transmission speed. Medical resources and treatments provided by the healthcare system help reduce the mortality rate and spread of COVID-19 by isolating infectious individuals. We introduce a modified SEIR model that considers individuals access to limited medical resources to characterize the central role of medical resources during the pandemic. We discuss how the three hospital admission policies (hi...
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作者:Wang, Xinchang; He, Qie
作者单位:Washington State University; University of Minnesota System; University of Minnesota Twin Cities
摘要:We study capacity sizing of park-and-ride lots that offer services to commuters sensitive to congestion and parking availability information. The goal is to determine parking lot capacities that maximize the total social welfare for commuters whose parking lot choices are predicted using the multinomial logit model. We formulate the problem as a nonconvex nonlinear program that involves a lower and an upper bound on each lot's capacity, and a fixed-point constraint reflecting the effects of pa...
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作者:Zheng, Rui; Shou, Biying; Chen, Yingju
作者单位:Wuhan University of Technology; Wuhan University of Technology; City University of Hong Kong; Hong Kong University of Science & Technology
摘要:This study analyzes a monopolistic seller's optimal differential pricing problem with strategic consumers connected in social networks. The consumers who purchase in the later period can get positive externalities from their friends who purchased in the early period but have to bear a utility discount for the delayed consumption. We first characterize consumers' strategic purchase decisions under general network structures. We then derive the optimal differential pricing strategies and demonst...