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作者:Gour, Alekh; Aggarwal, Shikha; Kumar, Subodha
作者单位:Goa Institute of Management; Goa Institute of Management; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:Governments and healthcare organizations increasingly pay attention to social media for handling a disease outbreak. The institutions and organizations need information support to gain insights into the situation and act accordingly. Currently, they primarily rely on ground-level data, collecting which is a long and cumbersome process. Social media data present immense opportunities to use ground data quickly and effectively. Governments and HOs can use these data in launching rapid and speedy...
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作者:Geng, Xin; Krishnan, Harish; Sohoni, Milind G.
作者单位:University of Miami; University of British Columbia; Indian School of Business (ISB)
摘要:Business rivals often collaborate on specific aspects of their operations in order to achieve cost efficiency. To better understand and manage such an operational collaboration, we formulate a multi-stage duopoly competition model to study the strategic and welfare implications of a cost-reducing cooperation between competing firms. Without any additional agreement beyond the collaborative effort in deterministic cost reduction, we characterize intuitive conditions under which there exists a u...
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作者:Lin, Yun Hui; Tian, Qingyun; Zhao, Yanlu
作者单位:University College Dublin; Nanyang Technological University; Durham University
摘要:As the ongoing battle between brick-and-mortar stores and e-commerce shops escalates, managers of the former are becoming more cautious regarding their strategic store site selection and decoration decisions, particularly if foreseeable competition from rival companies exists. This paper investigates a bilevel competitive facility location (BCFL) problem, where two companies, a leader and a follower, plan to enter a market sequentially. Each company has a budget to open and design facilities. ...
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作者:Zhang, Xiaohui; Du, Qianzhou; Zhang, Zhongju
作者单位:Arizona State University; Arizona State University-Tempe; Nanjing University
摘要:Maliciously false information (disinformation) can influence people's beliefs and behaviors with significant social and economic implications. In this study, we examine news articles on crowd-sourced digital platforms for financial markets. Assembling a unique dataset of financial news articles that were investigated and prosecuted by the Securities and Exchange Commission, along with the propagation data of such articles on digital platforms and the financial performance data of the focal fir...
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作者:Lei, Zhanfei; Yin, Dezhi; Mitra, Sabyasachi; Zhang, Han
作者单位:University of Massachusetts System; University of Massachusetts Amherst; State University System of Florida; University of South Florida; State University System of Florida; University of Florida; University System of Georgia; Georgia Institute of Technology
摘要:Online word-of-mouth studies generally assume that a product's average rating is the primary force shaping consumers' purchase decisions and driving sales. Similarly, practitioners place more emphasis on average ratings by displaying them at more salient places than individual reviews. In contrast, emerging evidence suggests that individual reviews also affect the decision-making of those consumers who consult both kinds of information. However, because average ratings and individual reviews a...
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作者:Xia, Li; Zhang, Zhe George; Li, Quan-Lin
作者单位:Sun Yat Sen University; Sun Yat Sen University; Western Washington University; Simon Fraser University; Beijing University of Technology
摘要:We study a dynamic job assignment problem in queueing systems with one class of Poisson arrivals and K groups of heterogeneous servers. A scheduling policy prescribes the job assignment among servers in each group at every state n (number of jobs in the system). Our goal is to obtain the optimal policy to minimize the long-run average cost, which involves the increasingly convex holding cost for jobs and the operating cost for working servers. This problem has wide application scenarios in ope...
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作者:Bolton, Gary E.; Katok, Elena; Stangl, Tobias
作者单位:University of Texas System; University of Texas Dallas; University of Cologne
摘要:Forecast uncertainty, typically measured quantitatively, raises questions of how best to communicate the forecast to a public with diverse numeracy skills. Here, we report an experiment examining how the numeracy of decision makers relates to the efficacy of forecast information provided in two alternative mechanisms to decision makers facing a loss event. The uncertainty mechanism states the probability of the loss event. The recommendation mechanism directly advises on which decision to take...
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作者:Li, Meng
作者单位:University of Houston System; University of Houston
摘要:Firms often encourage existing customers to recruit new customers. In this paper, we analytically study the customer referrals in a two-period newsvendor model, where the demand generated by referrals increases in the previous sales. In this framework, we establish the structural results for the optimal inventory level, as well as evaluate the value of referral programs. We find that the customer referrals are more attractive for firms selling nonperishable products than for those selling peri...
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作者:Chen, Xi; Gao, Jianjun; Ge, Dongdong; Wang, Zizhuo
作者单位:New York University; Shanghai University of Finance & Economics; The Chinese University of Hong Kong, Shenzhen
摘要:We consider a seller who repeatedly sells a nondurable product to a single customer whose valuations of the product are drawn from a certain distribution. The seller, who initially does not know the valuation distribution, may use the customer's purchase history to learn and wishes to choose a pricing policy that maximizes her long-run revenue. Such a problem is at the core of personalized revenue management where the seller can access each customer's individual purchase history and offer pers...
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作者:Hu, Qiaohai (Joice); Kouvelis, Panos; Xiao, Guang; Guo, Xiaomeng
作者单位:Colorado School of Mines; Washington University (WUSTL); Hong Kong Polytechnic University
摘要:Previous studies on horizontal outsourcing between competing duopolists emphasize cost factors, such as economies of scale and/or variable cost advantages in Cournot markets, as potential explanations. Our paper studies horizontal outsourcing when two competing firms engage in Bertrand competition, and highlights the important role of sole sourcing commitment. We adopt the framework of a multistage duopoly game that comprises of an incumbent and an entrant. The incumbent has the capability to ...