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作者：Chen, Yu-Hung; Jiang, Baojun
作者单位：National Taiwan University; Washington University (WUSTL)
摘要：The car-insurance market is plagued with problems of adverse selection and moral hazard. In-vehicle data recorders can collect massive amount of information about the drivers' driving behaviors and risk factors. This monitoring technology allows the firm to charge a premium based on the customer's recorded driving behaviors; this helps to reduce the driver's moral hazard. It can also allow the firm to set its insurance premium based on better estimates of the driver's risk factors, alleviating...
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作者：Bittencourt Bravo, Raissa Zurli; Leiras, Adriana; Cyrino Oliveira, Fernando Luiz
作者单位：Pontificia Universidade Catolica do Rio de Janeiro
摘要：Researchers have proposed the use of unmanned aerial vehicles (UAVs) in humanitarian relief to search for victims in disaster-affected areas. Once UAVs must search through the entire affected area to find victims, the path-planning operation becomes equivalent to an area coverage problem. In this study, we propose an innovative method for solving such problem based on a Partially Observable Markov Decision Process (POMDP), which considers the observations made from UAVs. The formulation of the...
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作者：Huang, Teng; Bergman, David; Gopal, Ram
作者单位：University of Connecticut; Indian Institute of Management (IIM System); Indian Institute of Management Udaipur (IIMU)
摘要：In this paper, we study an analytical approach to selecting expansion locations for retailers selling add-on products whose demand is derived from the demand for a separate base product. Demand for the add-on product is realized only as a supplement to the demand for the base product. In our context, either of the two products could be subject to spatial autocorrelation where demand at a given location is impacted by demand at other locations. Using data from an industrial partner selling add-...
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作者：Lu, Meng; Sethi, Suresh; Xie, Yangyang; Yan, Houmin
作者单位：University of Texas System; University of Texas Dallas; Chinese Academy of Sciences; University of Science & Technology of China, CAS; City University of Hong Kong
摘要：Coordinating contracts have been extensively researched in supply chain management. In this retrospect, we systematically review the profit allocation, decision sequence, and compliance aspects of these contracts. In addition to the existing concepts in the literature, we propose the notion of sample-path flexibility in profit allocation. Based on precise mathematical definitions, we develop structural properties and characterize sufficient conditions for flexibility in profit allocation, sequ...
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作者：Agrawal, Vishal; Lee, Deishin
作者单位：Georgetown University; Western University (University of Western Ontario)
摘要：To meet the growing demand for sustainably produced products, firms must be able to source sustainably produced parts from their suppliers. In this study, we analyze how a buyer (manufacturer or retailer) can use sourcing policies to influence their suppliers to adopt sustainable processes that can meet certain sustainability criteria. We study two sustainable sourcing policies commonly observed in practice, which influence suppliers' process decisions by committing to offer sustainable produc...
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作者：Ji, Ran; Kamrad, Bardia
作者单位：George Mason University; Georgetown University
摘要：Using a contingent claims framework, we develop a single period model in the context of an exchange option in a discounted value maximization setting. Given this framework, we study the classic problem of determining stockpiling levels prior to demand realization when the procured/produced levels are subject to random yield variations. In this set up, both demand and yield variables are modeled as Wiener processes. A pure noise (zero drift) process initially models yield dynamics. Later, we co...
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作者：Roth, Aleda; Tucker, Anita L.; Venkataraman, Sriram; Chilingerian, Jon
作者单位：Clemson University; Boston University; University of South Carolina System; University of South Carolina Columbia; Brandeis University
摘要：Hospital decision-makers face trade-offs that make it difficult to obtain the trifecta of high performance on clinical quality, patient experience, and technical efficiency. We use the term triple aim performance (TAP) to refer to the simultaneous achievement of these three goals. Using datasets from 2010 and 2012 and data envelopment analysis, we identify about 20 triple aim performance hospitals in each year among U.S. acute care hospitals with at least 200 beds. We also examine factors that...
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作者：Li, Rong; Xia, Yu; Yue, Xiaohang
作者单位：Syracuse University; William & Mary; University of Wisconsin System; University of Wisconsin Milwaukee
摘要：Many production processes not only produce desired quality products (high-end products), but also generate yield loss or Not-Quite-Perfect Products (NQPPs) that do not fully meet the quality standards. In practice, a manufacturer may choose to (1) scrap all NQPPs at a cost and carry the high-end products only, or (2) sell some or all NQPPs to a value-conscious low-end market and carry both high-end products and low-end products (NQPPs). This research studies the optimal decision on production ...
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作者：Shen, Yuelin; Willems, Sean P.; Dai, Yue
作者单位：Zhejiang University of Finance & Economics; University of Tennessee System; University of Tennessee Knoxville; Fudan University
摘要：This paper studies how a manufacturer should engage with a platform retailer and a traditional reseller. Our work is motivated by the emergence of increasingly powerful retail platforms in China's consumer electronics and appliances markets. The manufacturer pays a slotting fee and a portion of its sales revenue to the platform retailer in exchange for the opportunity to manage its own space within the retailer's store. The manufacturer can also sell its product to a traditional reseller there...
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作者：Bazhanov, Andrei; Levin, Yuri; Nediak, Mikhail
作者单位：Queens University - Canada
摘要：We consider a decentralized supply chain (DSC) under resale price maintenance (RPM) selling a limited-lifetime product to forward-looking customers with heterogeneous valuations. When customers do not know the inventory level, double marginalization under RPM leads to a higher profit and aggregate welfare than without RPM under a two-part tariff contract (TT). Both RPM and TT profits are higher and aggregate welfare is lower than in a centralized supply chain (CSC). When customers know the inv...
