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作者：Li, Li; Jiang, Li
作者单位：Sun Yat Sen University; Hong Kong Polytechnic University
摘要：Empirical evidence indicates that consumers subjectively weigh the near future more heavily than the further future. When purchasing investment products, they make payments and exert efforts before receiving payoffs. Due to the time difference between incurring cost and receiving payoff, subjective discounting can cause consumers to exhibit time-inconsistent purchase behavior. We investigate the impact of this consumer behavior on the pricing strategies of two competing firms that sell quality...
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作者：Chen, Kanglin; Wang, Xin; Niu, Baozhuang; Chen, Ying-Ju
作者单位：Southern University of Science & Technology; Hong Kong University of Science & Technology; South China University of Technology; Hong Kong University of Science & Technology
摘要：The past decade has seen significant pressure to return manufacturing to developed countries. Such movements call for import tariffs to be raised and consumers' valuation of products made from locally sourced components increased. These factors are believed to stimulate firms operating in a single market to source components locally. However, it is not clear that they are equally effective for multinational firms that produce and sell products in multiple markets. To enrich the understanding o...
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作者：Federgruen, Awi; Liu, Zhe; Lu, Lijian
作者单位：Columbia University; Imperial College London; Hong Kong University of Science & Technology
摘要：We study a finite horizon, single product, periodic review inventory system with two supply sources and a salvage option. These supply sources are typically capacitated and capacity levels often need to be reserved or installed in advance of the operational planning horizon. The supply sources may thus be differentiated by their lead times, capacities, and fixed and variable order costs. Salvage options allow for inventory reductions and incur fixed cost and variable revenues. We first analyze...
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作者：Feng, Qi; Shanthikumar, J. George
作者单位：Purdue University System; Purdue University
摘要：Uncertainties involved in decision making often impose challenges to our ability of modeling and analyzing the reality. The purpose of this study is to demonstrate how one can go beyond the conventional optimization thinking, via taking a stochastic viewpoint, to push the boundaries of the analysis. We review the basic notions of stochastic orders and stochastic functions, with which the conventional (deterministic) way of modeling can be generalized. Based on the orders among distribution fun...
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作者：Li, Krista J.; Zhang, Jianqiang; Schaefer, Richard
作者单位：Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Jiangnan University; Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark
摘要：Parallel imports of gray products across markets are a worldwide concern for manufacturers. Extant research has focused on parallel imports of regular goods that do not provide status value. In this paper, we investigate parallel imports of conspicuously consumed status goods. We consider a manufacturer who directly sells a status product to consumers in two markets that value the product differently and a gray marketer that can import the product across markets. Our analysis shows that, thoug...
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作者：Kettunen, Janne; Nematollahi, Eissa; Zinchenko, Yuriy
作者单位：George Washington University; University of Calgary
摘要：A common feature to electricity markets with derivative contracts is that the traded contracts are almost only futures and that they are traded multiple times the overall electricity demand. To understand why this occurs in practice, we study the efficiency of risk aligning in the competitive energy industry through derivative contract trading. We derive conditions that need to hold for a contract to provide the most efficient risk aligning, among all possible derivative contracts imaginable. ...
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作者：Niranjan, Tarikere T.; Ghosalya, Narendra K.; Gavirneni, Srinagesh
作者单位：Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Bombay; Cornell University
摘要：Two field case studies uncover information discounting in supply chains, which manifests in the form of schedule padding and order inflation. Buyers often exaggerate the urgency and quantity of their needs (crying wolf). However, both buyers and suppliers eliminate old, inflated orders from their behavioral ordering/supply system implicitly (knowing wink) even though they exist in the hyper-rational ordering system represented by the ERP system. This behavior results in (and from) low credibil...
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作者：Farahani, Reza Zanjirani; Asgari, Nasrin; Van Wassenhove, Luk N.
作者单位：Universite de Rennes; Roehampton University; INSEAD Business School
摘要：Textile waste is one of the most pollutant items globally, being strongly affected by fast fashion (FF) products. Public pressure has made many FF firms voluntarily collect a small fraction of their preowned items and export them to developing countries for reuse. However, some developing countries are launching import bans on second-hand clothes. In addition, FF firms may soon be forced by extended producer responsibility legislation to collect more preowned items for reuse and recycling. To ...
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作者：Zhou, Zach Zhizhong; Choudhary, Vidyanand
作者单位：Tongji University; University of California System; University of California Irvine
摘要：The number and impact of open source projects is increasing. We examine the impact of competition from open source software (OSS) on proprietary software providers by analyzing three cases: (i) proprietary software as a monopoly, (ii) mixed duopoly competition between proprietary software provider and OSS, and (i) duopoly competition between two proprietary software providers. We use an analytical model to capture two important features of OSS: (i) its zero licensing price and (ii) its lower u...
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作者：Yu, Jiayi Joey; Tang, Christopher S.; Li, Musen Kingsley; Shen, Zuo-Jun Max
作者单位：Fudan University; University of California System; University of California Los Angeles; Shanghai University; University of California System; University of California Berkeley; University of Hong Kong; University of Hong Kong
摘要：Accessibility of electric vehicle (EV) charging stations is an important factor for adoption of EV, which is an effective green technology for reducing carbon emissions. Recognizing this, many governments are contemplating ideas for achieving EV adoption targets, such as constructing extra EV charging stations directly or offering subsidies to entice automakers to construct more EV charging stations. To achieve these targets, governments need to coordinate with automakers to ensure that the to...
