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作者:Martin, Paola; Gupta, Diwakar; Natarajan, Karthik V.
作者单位:University of Texas System; University of Texas Austin; University of Minnesota System; University of Minnesota Twin Cities
摘要:In recent years, several Global Health Organizations (GHOs) have experimented with market-based procurement contracts to encourage pharmaceutical companies to bring late-stage vaccines to developing-country markets. Pharmaceutical companies often find such markets financially unattractive because the opportunity cost of capacity commitment is high, developing countries have limited ability to pay, and demand is uncertain. A contract design recently implemented by one GHO offers the manufacture...
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作者:Comes, Tina; Van de Walle, Bartel; Van Wassenhove, Luk
作者单位:Delft University of Technology; INSEAD Business School
摘要:Humanitarian disasters are highly dynamic and uncertain. The shifting situation, volatility of information, and the emergence of decision processes and coordination structures require humanitarian organizations to continuously adapt their operations. In this study, we aim to make headway in understanding adaptive decision-making in a dynamic interplay between changing situation, volatile information, and emerging coordination structures. Starting from theories of sensemaking, coordination, and...
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作者:Jain, Tarun; Hazra, Jishnu; Cheng, T. C. Edwin
作者单位:Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; Hong Kong Polytechnic University
摘要:Illegal content uploads on social platforms have grown rapidly in recent years. While previous research has studied various enforcement efforts to remove illegal content, we consider such enforcement efforts in the setting where the content is sold through a platform firm. Furthermore, we consider the situation in which along with the subscription-based legal content on the platform, there is free illegal content that may generate revenues through advertisements for the platform. Specifically,...
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作者:Yiu, L. M. Daphne; Lam, Hugo K. S.; Yeung, Andy C. L.; Cheng, T. C. E.
作者单位:Macau University of Science & Technology; University of Liverpool; Hong Kong Polytechnic University
摘要:Although much research has been carried out to examine various contextual issues and moderating factors for successful R&D investments, very little research has been conducted to explore the role of a firm's operational and process characteristics. In this study, we explore how firms could possibly enhance the financial returns of R&D investments through quality management, using Six Sigma implementation as an example, and efficiency improvement, using the stochastic frontier estimation of rel...
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作者:Liao, Bo; Yano, Candace A.; Trivedi, Minakshi
作者单位:Western Digital Corporation; University of California System; University of California Berkeley; University of California System; University of California Berkeley; Texas Christian University
摘要:There is a vast literature on optimizing store brand quality, but it does not address the individual and joint effects of sourcing and pricing power; this is the focus of our paper. We study a retailer's store-brand quality-positioning problem under three sourcing structures and two types of price leadership. The three sources are in-house (IH), a leading national-brand manufacturer (NBM) with a competing product, and a strategic third-party manufacturer (3M). We consider two forms of price le...
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作者:Levi, Retsef; Perakis, Georgia; Shi, Cong; Sun, Wei
作者单位:Massachusetts Institute of Technology (MIT); University of Michigan System; University of Michigan; International Business Machines (IBM); IBM USA
摘要:We study strategic capacity investment problems in joint ventures (JVs) with fixed-rate revenue-sharing contracts. We adopt a game-theoretical approach to study two types of JVs depending on how individual resources determine the effective capacity of a JV. With complementary resources, the effective capacity of a JV is constrained by the most scarce resource. We show that multiple Nash equilibria could exist. Nevertheless, there exists a unique Strong Nash equilibrium. We show that there is a...
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作者:Jalili, Monire; Pangburn, Michael S.
作者单位:Bentley University; University of Oregon
摘要:Product sales and rentals often occur in parallel, allowing customers to choose their preferred option. In settings where consumers face significant value uncertainty, rentals also provide a mechanism for consumers to discover whether they like a product. For some products, such as movies and books, the rental option may yield a significant proportion of the utility associated with ownership. The convenience of renting products in digital forms (e.g., e-books) makes the managerial challenge of...
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作者:Dhanorkar, Suvrat; Muthulingam, Suresh
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Many governing bodies have launched efforts to shape the operations of manufacturers, administration of civic entities, and behavior of individuals to limit waste generation. Typically, such efforts commence with the enactment of targeted legislations that create operational changes (e.g., recycling fees, collection centers) to the waste collection and disposal processes. For example, over 25 states in the United States have enacted legislations that aim to properly dispose used electronic and...
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作者:Chen, Weidong; Shi, Cong; Duenyas, Izak
作者单位:University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要:We propose the first learning algorithm for single-product, periodic-review, backlogging inventory systems with random production capacity. Different than the existing literature on this class of problems, we assume that the firm has neither prior information about the demand distribution nor the capacity distribution, and only has access to past demand and supply realizations. The supply realizations are censored capacity realizations in periods where the policy need not produce full capacity...
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作者:Xiao, Yixuan
作者单位:Washington State University
摘要:We study a horizontal merger in an oligopolistic market in which firms compete on production quantities. Each firm has its own in-house manufacturing facility, and the production is subject to random yield. After the consolidation of two firms, the merged entity can use both manufacturing facilities that belong to the merging firms. It is well known that diversification can reduce the aggregate supply uncertainty of a firm, but this diversification benefit has not been explored in a merger ana...