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作者:Nikoofal, Mohammad Ebrahim; Pourakbar, Morteza; Gumus, Mehmet
作者单位:Toronto Metropolitan University; Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; McGill University
摘要:Global trade is seafaring commerce; 90% of traded goods are carried by maritime transport, which has become vulnerable to security risks. This has led governments to initiate security programs serving tens of thousands of members worldwide. This paper studies the government's incentive design and the interaction between Customs inspection capacity and the incentives offered in security programs. Using the theory of incentives, we investigate the value of a partnership in improving the security...
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作者:Fan, Xiaoshuai; Wu, Qingye; Chen, Ying-Ju; Tang, Christopher S.
作者单位:Southern University of Science & Technology; Hong Kong University of Science & Technology
摘要:Many companies are under pressure to improve pay transparency; however, its impact on their agents and principals remains unclear. As a way to investigate the upside and downside of pay transparency, we conduct our study based on a scenario in which agents have cognitive bias (namely, over- or underconfident). We also capture the notion of social comparisons behavior (namely, behind-averse and ahead-seeking) that occurs under pay transparency. By exploring a one-principal-two-agent model, we f...
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作者:Chung, Doug J.; Seo, Kyoungwon; Song, Reo
作者单位:University of Texas System; University of Texas Austin; Seoul National University (SNU); California State University System; California State University Long Beach; Seoul National University (SNU)
摘要:Discrete games provide the means to analyze market dynamics with limited data. However, computing such games with many players-especially in a complete information setting-is computationally infeasible because the strategy space increases exponentially with the number of players. This study presents a novel and practical method to compute and estimate discrete games. To do so, the study introduces two methodological innovations. First, we develop an efficient simulator that requires fewer rand...
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作者:Fan, Xiaoshuai; Chen, Ying-Ju; Tang, Christopher S. S.
作者单位:Southern University of Science & Technology; Hong Kong University of Science & Technology; University of California System; University of California Los Angeles; Southern University of Science & Technology
摘要:Motivated by the challenge of allocating scarce resources from the federal government to different states during the COVID-19 pandemic, this paper studies optimal schemes for allocating scarce resources to agents with private demand information under different favoritism structures. Through an investigation of a mechanism design model that aims to induce agents to report their demands truthfully, we find the following results. First, when the principal purely cares about social welfare and whe...
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作者:Park, Kyungmin; Lee, Stephanie; Doosti, Shahryar; Tan, Yong
作者单位:University of Washington; University of Washington Seattle; Chapman University System; Chapman University; University of Washington; University of Washington Seattle
摘要:With the rapid growth and popularity of YouTube, an increasing number of consumers rely on online product review videos to obtain product-related information. As the provision of online review videos grows and consumers increasingly rely on them for their purchase decisions, understanding factors that contribute to the perceived helpfulness of video reviews becomes critical for video review management. This paper examines how various visual and vocal characteristics of online review videos are...
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作者:Xu, Liang; Mani, Vidya; Zhao, Hui
作者单位:Singapore Management University; University of Virginia; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Singapore Management University
摘要:One of the most important trends in the pharmaceutical industry is the rapid growth of specialty drugs. Specialty drugs, mostly bio based, tend to be high risk, high priced, and more regulated than traditional drugs, resulting in unprecedented challenges in distribution. Such challenges lead to the emergence of specialty distributors (SDs), which, compared with traditional wholesalers (WSs), represent a more controlled channel and carry a smaller variety of drugs. Due to the risky nature of sp...
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作者:Chen, Yiwei; Shi, Cong
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University of Miami
摘要:We consider a general class of price-based network revenue management problems that a firm aims to maximize revenue from multiple products produced with multiple types of resources endowed with limited inventory over a finite selling season. A salient feature of our problem is that the firm does not know the underlying demand function that maps prices to demand rate, which must be learned from sales data. It is well known that for almost all classes of demand functions, such as linear, exponen...
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作者:Choi, Thomas Y.; Netland, Torbjorn H.; Sanders, Nada; Sodhi, ManMohan S.; Wagner, Stephan M.
作者单位:Arizona State University; Arizona State University-Tempe; Swiss Federal Institutes of Technology Domain; ETH Zurich; Northeastern University; City St Georges, University of London; City St Georges, University of London
摘要:The Covid-19 pandemic and other recent disruptions in the early 2020s led to sections in the business press blaming just-in-time (JIT) practices for operational failings. Consequently, there are calls for moving away from JIT toward holding more inventory as preparation against future disruptions, which is referred to as just-in-case. The academic community is also divided. Some scholars argue that JIT is not resilient, while others maintain that JIT can continue providing superior performance...
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作者:Sharma, Luv; Goradia, Deepa
作者单位:University of South Carolina System; University of South Carolina Columbia; University System of Georgia; Georgia State University
摘要:Although past studies have found differences in clinical quality outcomes based on patients' insurance type, the extent of these discrepancies, the underlying mechanisms supporting this relationship, and factors that can moderate this effect have not yet been addressed. We seek to fill this gap by studying the relationship between insurance type and clinical quality outcomes using the level of care received, that is, treatment intensity, as a mediator. Using agency theory, we argue that underi...
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作者:Ding, Haoyuan; Hu, Yichuan; Jiang, Han; Wu, Jing; Zhang, Yu
作者单位:Shanghai University of Finance & Economics; Tongji University; Tulane University; The Chinese University of Hong Kong, Shenzhen; Chinese University of Hong Kong; Peking University
摘要:Network literature has widely documented that the managerial ties between corporate leaders in two firms can promote their economic exchanges in supply chains, that is, social embeddedness. In this study, we strive to advance this line of inquiry by exploring the dynamics of such socially embedded supply chains, examining whether and when the dissolution of managerial ties between two firms would cause the subsequent termination of their supplier-buyer exchanges. We address this question by di...