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作者:Birnbaum, Michael H.; Bahra, Jeffrey P.
作者单位:California State University System; California State University Fullerton
摘要:This experiment tested two behavioral properties of risky decision making-gain-loss separability (GLS) and coalescing. Cumulative prospect theory (CPT) implies both properties, but the transfer of attention exchange (TAX) model violates both. Original prospect theory satisfies GLS but may or may not satisfy coalescing, depending on whether editing rules are assumed. A configural form of CPT proposed by Wu and Markle [Wu, G., A. B. Markle. 2004. An empirical test of gain-loss separability in pr...
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作者:Caldentey, Rene; Vulcano, Gustavo
作者单位:New York University
摘要:W e analyze a revenue management problem in which a seller facing a Poisson arrival stream of consumers operates an online multiunit auction. Consumers can get the product from an alternative list price channel. We consider two variants of this problem: In the first variant, the list price is an external channel run by another firm. In the second one, the seller manages both the auction and the list price channels. Each consumer, trying to maximize his own surplus, must decide either to buy at...
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作者:Klepper, Steven
作者单位:Carnegie Mellon University
摘要:The agglomeration of the automobile industry around Detroit, Michigan is explained using a theory in which disagreements lead employees of incumbent firms to found spinoffs in the same industry. Predictions of the theory concerning entry and firm survival are tested using data on the origin, location, and years of production of every entrant into the industry from 1895 to 1966. The geographic concentration of the industry is attributed to four early successful entrants and the many successful ...
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作者:Menon, Syam; Sarkar, Sumit
作者单位:University of Texas System; University of Texas Dallas
摘要:The need to hide sensitive information before sharing databases has long been recognized. In the context of data mining, sensitive information often takes the form of itemsets that need to be suppressed before the data is released. This paper considers the problem of minimizing the number of nonsensitive itemsets lost while concealing sensitive ones. It is shown to be an intractably large version of an NP-hard problem. Consequently, a two-phased procedure that involves the solution of two smal...
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作者:Cheng, Zhuo (June); Nault, Barrie R.
作者单位:Hong Kong Polytechnic University; University of Calgary
摘要:We model and estimate the effects to downstream productivity from information technology (IT) investments made upstream. Specifically, we examine how an industry's productivity is affected by the IT capital stock of its suppliers. These supplier-driven IT spillovers occur because, due to competition in the supplying industry, quality benefits from suppliers' IT investments can pass downstream. If the output deflators of supplying industries (consequently the intermediate input deflator of the ...
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作者:Caro, Felipe; Gallien, Jeremie
作者单位:University of California System; University of California Los Angeles; Massachusetts Institute of Technology (MIT)
摘要:Companies such as Zara and World Co. have recently implemented novel product development processes and supply chain architectures enabling them to make more product design and assortment decisions during the selling season, when actual demand information becomes available. How should such retail firms modify their product assortment over time in order to maximize overall profits for a given selling season? Focusing on a stylized version of this problem, we study a finite horizon multiarmed ban...
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作者:Zeithammer, Robert
作者单位:University of California System; University of California Los Angeles
摘要:This paper analyzes sequential auctioning of single units of an indivisible good to a fluctuating population composed of overlapping generations of unit-demand bidders. Two phenomena emergent in such a market are investigated: forward-looking bidding strategies, and closed-loop selling strategies that involve learning from past prices. The buyers shade their bids down, i.e., bid less than they would in a single isolated auction, whenever they expect the seller to sell another unit of the good ...
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作者:Boh, Wai Fong; Slaughter, Sandra A.; Espinosa, J. Alberto
作者单位:Nanyang Technological University; Carnegie Mellon University; American University
摘要:This study examines whether individuals, groups, and organizational units learn from experience in software development and whether this learning improves productivity. Although prior research has found the existence of learning curves in manufacturing and service industries, it is not clear whether learning curves also apply to knowledge work like software development. We evaluate the relative productivity impacts from accumulating specialized experience in a system, diversified experience in...
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作者:Guo, Zhiling; Koehler, Gary J.; Whinston, Andrew B.
作者单位:University System of Maryland; University of Maryland Baltimore; State University System of Florida; University of Florida; University of Texas System; University of Texas Austin
摘要:In this paper, a market-based decomposition method for decomposable linear systems is developed. The solution process iterates between a master problem that solves the market-matching problem, and subproblems that solve the agents' bundle-determination problems. Starting from any initial price and feasible allocation, system optimality can be achieved under a dynamic market-trading algorithm in a finite number of trades. The final market-clearing prices are discovered by this market trading an...
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作者:Rivkin, Jan W.; Siggelkow, Nicolaj
作者单位:Harvard University; University of Pennsylvania
摘要:Scholars who view organizational, social, and technological systems as sets of interdependent decisions have increasingly used simulation models from the biological and physical sciences to examine system behavior. These models shed light on an enduring managerial question: How much exploration is necessary to discover a good configuration of decisions? The models suggest that, as interactions across decisions intensify and local optima proliferate, broader exploration is required. The models ...