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作者:Kwon, Seok-Woo
作者单位:University of California System; University of California Riverside
摘要:While research on the cost effectiveness of standardization to date has focused on the impact of different degrees of standardization, it has paid insufficient attention to the process an organization uses to formulate and implement standardized procedures. Drawing on the organizational decision-making literature and procedural fairness literature, this study identifies a number of key process features in standardization and argues that variations in these process features across organizations...
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作者:Clark, Derek J.; Konrad, Kai A.
作者单位:UiT The Arctic University of Tromso; Free University of Berlin
摘要:Where product innovation requires several complementary patents, fragmented property rights can limit firms' willingness to invest in R&D. We consider the research intensity in multiple simultaneous R&D contests and how it depends on whether firms already hold relevant patents as well as the availability of an option to invent around. A measure of technological uncertainty is also analyzed. The multiple patent product involves an important hold-up problem that can reduce the overall R&D effort...
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作者:Im, Ghiyoung; Rai, Arun
作者单位:Clark Atlanta University; University System of Georgia; Georgia State University
摘要:Although past research has investigated the impact of exploration and exploitation on firm performance, there is limited research on these effects in interorganizational relationships. We examine whether the boundary condition for ambidextrous learning can be extended from firms to long-term interorganizational relationships. Specifically, we focus on a particular aspect of learning - namely, explorative and exploitative knowledge sharing - and examine its impact on the performance of long-ter...
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作者:Ferran, Carlos; Watts, Stephanie
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Boston University
摘要:This research uses dual-process cognitive theory to describe how people process information differently when it is delivered via videoconference rather than when it is delivered face-to-face. According to this theory, relative to face-to-face communication, people in videoconferences tend to be more influenced by heuristic cues-such as how likeable they perceive the speaker to be-than by the quality of the arguments presented by the speaker. This is due to the higher cognitive demands that vid...
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作者:Nagarajan, Mahesh; Rajagopalan, S.
作者单位:University of British Columbia; University of Southern California
摘要:In this paper, we examine the nature of optimal inventory policies in a system where a retailer manages substitutable products. We first consider a system with two products 1 and 2 whose total demand is D and individual demands are negatively correlated. A fixed proportion of the unsatisfied customers for an item will purchase the other item if it is available in inventory. For the single-period case, we show that the optimal inventory levels of the two items can be computed easily and follow ...
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作者:Gallego, Guillermo; Kou, S. G.; Phillips, Robert
作者单位:Columbia University
摘要:A callable product is a unit of capacity sold to self-selected low-fare customers who willingly grant the capacity provider the option to call the capacity at a prespecified recall price. We analyze callable products in a finite-capacity setting with two fare classes where low-fare customers book first, and show that callable products provide a riskless source of additional revenue to the capacity provider. An optimal recall price and an optimal discount-fare booking limit for the two-period p...
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作者:Li, Lode; Zhang, Hongtao
作者单位:Yale University; Hong Kong University of Science & Technology
摘要:We consider information sharing in a decentralized supply chain where one manufacturer supplies to multiple retailers competing in price. Each retailer has some private information about the uncertain demand function which he may choose to disclose to the manufacturer. The manufacturer then sets a wholesale price based on the information received. The information exchange is said to be confidential if the manufacturer keeps the received information to herself, or nonconfidential if she disclos...
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作者:Wu, Liuren; Zhang, Frank Xiaoling
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); Morgan Stanley
摘要:From a large array of economic and financial data series, this paper identifies three fundamental risk dimensions underlying an economy: inflation, real output growth, and financial market volatility. Furthermore, through a no-arbitrage model, the paper links the dynamics and market pricing of the three risk dimensions to the term structure of U.S. Treasury yields and corporate bond credit spreads. Model estimation shows that positive inflation shocks increase Treasury yields and widen credit ...
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作者:Moon, Sangkil; Russell, Gary J.
作者单位:North Carolina State University; University of Iowa
摘要:Product recommendation models are key tools in customer relationship management (CRM). This study develops a product recommendation model based on the principle that customer preference similarity stemming from prior purchase behavior is a key element in predicting current product purchase. The proposed recommendation model is dependent on two complementary methodologies: joint space mapping (placing customers and products on the same psychological map) and spatial choice modeling (allowing ob...
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作者:Fischer, Paul E.; Louis, Henock
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:We analyze the effect of external financing concerns on managers' financial reporting behavior prior to management buyouts (MBOs). Prior studies hypothesize that managers intending to undertake an MBO have an incentive to manage earnings downward to reduce the purchase price. We hypothesize that managers also face a conflicting reporting incentive associated with their efforts to obtain external financing for the MBO and to lower their financing cost. Consistent with our hypothesis, we find th...