-
作者：Subramanian, Annapoornima M.; Levesque, Moren; van de Vrande, Vareska
作者单位：National University of Singapore; York University - Canada; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
摘要：Biotechnology and pharmaceutical firms invest billions of dollars in R&D, primarily in new drug discovery. Nonetheless, the industry is facing declining returns on R&D investments. Failure to discontinue less-promising new drug discovery projects is a key driver of this decreased productivity. Hence, firms are scrambling to restructure the new drug discovery process to improve decision-making and to limit the attrition rate to the early stages of drug discovery. Drawing on insights from the ex...
-
作者：Shaheen, Iana; Azadegan, Arash
作者单位：University of Arkansas System; University of Arkansas Fayetteville; Rutgers University System; Rutgers University New Brunswick; Rutgers University Newark
摘要：In this study, we explore firm-level perspectives from four types of organizations on how collaborative relationships are viewed, strengthened, and applied in responding to disasters. We focus on the perspective of four types of organizations operating at the forefront of the response to major hurricanes in the United States. These include government agencies and non-governmental organizations (NGOs) at the regional and local levels. We analyze qualitative evidence from managers and directors ...
-
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...
-
作者：Huang, Yiwei; Zhu, Yunxia; Kumar, Subodha; Shetty, Bala; Sriskandarajah, Chelliah
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; University of Nebraska System; University of Nebraska Lincoln; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：We study a coin supply chain problem in the context of improving efficiency. While most consumer products are distributed in one direction, coins are recirculated and reused through the economy. The Federal Reserve System (FRS), the central banking system of the United States, plays a crucial role in managing the U.S. coin supply chain (CSC). It spends a significant fraction of its annual budget on operating the U.S. CSC in order to provide banking services to depository institutions (DIs) and...
-
作者：Yoo, Eunae; Rabinovich, Elliot; Gu, Bin
作者单位：University of Tennessee System; University of Tennessee Knoxville; Arizona State University; Arizona State University-Tempe; Boston University
摘要：Information is a perishable resource that is costly to produce and distribute to stakeholders. To ensure the rapid and broad diffusion of this resource, humanitarian organizations (HOs) have become increasingly intent on building larger follower networks on social media platforms. Our study examines the growth of these networks, particularly in response to the sharing of social media content originally produced by the HOs during periods of normalcy and emergency. To analyze this phenomenon, we...
-
作者：Kostami, Vasiliki
作者单位：Hautes Etudes Commerciales (HEC) Paris
摘要：We consider a firm that faces the following pricing and leadtime disclosure decision. Either, (i) offer the same price to all arriving customers and disclose no leadtime information, in which case customers know only an expected leadtime, or, (ii) vary the price dynamically based on the current inventory status, and disclose leadtime information dynamically. The second option allows the firm to offer a price discount for a long leadtime, and to offer a short leadtime when it has a large invent...
-
作者：Iravani, Foad; Mamani, Hamed; Nategh, Emisa
作者单位：University of Washington; University of Washington Seattle
摘要：Governments across the world constantly use a variety of measures to contain drug costs in order to increase patient access to critical medications. External Reference Pricing (ERP), or international price comparison, is a commonly employed policy to control prices of pharmaceuticals. External Reference Pricing uses the price(s) of a medicinal product in one or several countries in order to derive a benchmark or reference price for the purposes of setting the price of the product in a given co...
-
作者：Cezar, Asunur; Raghunathan, Srinivasan; Sarkar, Sumit
作者单位：Bogazici University; University of Texas System; University of Texas Dallas
摘要：Classification of agents such as suppliers and customers into good and bad types based on their attributes is ubiquitous in business. In adversarial classification contexts, firms face agents who fake their attributes to receive favorable decisions from the classifier; for instance, suppliers could misrepresent their safety or quality features in order to qualify as a firm's accredited vendor. Anticipating such faking by agents, firms may strategically design their classifiers and may also ver...
-
作者：Xia, Li
作者单位：Sun Yat Sen University
摘要：This study investigates the optimization problem of an infinite stage discrete time Markov decision process (MDP) with a long-run average metric considering both mean and variance of rewards together. Such performance metric is important since the mean indicates average returns and the variance indicates risk or fairness. However, the variance metric couples the rewards at all stages, the traditional dynamic programming is inapplicable as the principle of time consistency fails. We study this ...
-
作者：Gao, Haibing; Zhao, Huazhong; Tan, Yinliang (Ricky); Lin, Ya (Lisa); Wei, Lai
作者单位：Renmin University of China; City University of Hong Kong; Tulane University; Hong Kong Baptist University; Shanghai Jiao Tong University
摘要：Red packets have symbolized happiness and good luck in Asian culture for centuries. An emerging number of online merchants in Asia are adoptingsocial red packetsas a promotion strategy. Social red packets not only digitalize traditional coupons to be readily transferred within consumer social networks but also can reallocate the promotional rewards based on consumers' social network value rather than their personal value to the firm. In this study, we conceptualize social red packets as an imp...
