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作者：Chen, Xingxing; Feldman, Jacob; Kouvelis, Panos; Jung, Seung Hwan
作者单位：University of Richmond; Washington University (WUSTL); Yonsei University
摘要：In this paper, we introduce and study the joint inventory selection and online resource allocation problem, which is characterized by two sequential sets of decisions that are irrevocably linked. First, a decision maker (DM) must select starting inventory levels for a set of available resources. Subsequently, the DM must match arriving customers to available resources in an online fashion so as to maximize expected reward. We first study the problem in its most general form, before focusing on...
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作者：Yang, Nan; Zhang, Renyu
作者单位：University of Miami; Chinese University of Hong Kong
摘要：We study the joint pricing and inventory management problem in the presence of online customer reviews. Customers who purchase the product may post reviews that would influence future customers' purchasing behaviors. We develop a stochastic joint pricing and inventory management model to characterize the optimal policy in the presence of online reviews. We show that a rating-dependent base-stock/list-price policy is optimal. Interestingly, we can reduce the dynamic program that characterizes t...
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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：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 ...
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作者：Wang, Hao; Yan, Zhenzhen; Bei, Xiaohui
作者单位：Nanyang Technological University
摘要：We investigate an online edge-weighted bipartite matching problem with general capacity constraints. In this problem, the resources are offline and nonreplenishable with different capacities. Demands arrive online and each requests a certain amount of resources. The goal is to maximize the reward generated by successful matches. We model the offline optimization problem as a deterministic linear program (LP) and present multiple randomized online algorithms based on the solution to the offline...
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作者：Jiao, Chuanya; Hu, Bin
作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas
摘要：Show/webrooming refers to a consumer inspecting a product at a brick-and-mortar (BM)/online retailer before purchasing it from a competing online/BM retailer. Despite retailers adopting price-matching and free-shipping policies, show/webrooming remains prevalent. We model different product value information that consumers can learn by visiting a BM retailer and researching an online retailer, and studying consumers' show/webrooming behavior in a unified model. We confirm that consumers can eng...
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作者：Jin, Qingwei; Zhu, Mengyan; Yang, Yi; Liu, Lin
作者单位：Zhejiang University; Beihang University
摘要：Uncertainty before purchase often gives rise to postpurchase emotions that consumers might anticipate when making purchase decisions. Our study investigates how consumers' anticipated postpurchase regret affects their optimal search behavior and how this affects firms' price and assortment competition. The key tension considered in this study is that consumers balance between saving the cost of product evaluation by searching less and alleviating the potential postpurchase regret on their purc...
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作者：Lee, Hyun Seok (Huck); Kesavan, Saravanan; Kuhnen, Camelia
作者单位：Korea University; University of North Carolina; University of North Carolina Chapel Hill
摘要：Retail stores are geographically dispersed as a part of a multiunit organization. In such a setting, store managers play an important role in driving store performance. To motivate them to exert effort, retailers have provided group incentives for store managers. Using data from 75 stores of a U.S.-based retail chain that changed its incentive plan for store managers from being purely dependent on store performance to being dependent upon both store and corporate performance, we investigate th...
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作者：Parsa, Iman; Eftekhar, Mahyar; Corbett, Charles J.
作者单位：Arizona State University; Arizona State University-Tempe
摘要：Nonprofits' performance is often evaluated based, in part, on their program spending ratio (PSR). Yet, ranking nonprofits based on PSR has been criticized because it is an imprecise index of a nonprofit's actual social impact. Further, too much emphasis on PSR creates an incentive for nonprofits to increase their program spending at the expense of investing in overhead, regardless of the social value it generates. In extreme cases, excessive focus on PSR can create incentives to manipulate or ...
