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作者:Day, Robert W.; Raghavan, S.
作者单位:University of Connecticut; University System of Maryland; University of Maryland College Park
摘要:Motivated by the increasing use of auctions by government agencies, we consider the problem of fairly pricing public goods in a combinatorial auction. A well-known problem with the incentive-compatible Vickrey-Clarke-Groves (VCG) auction mechanism is that the resulting prices may not be in the core. Loosely speaking, this means the payments of the winners could. be so low, that there are bidders who would have been willing to pay more than the payments of the winning bidders. Clearly, this unf...
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作者:Liu, Liming; Parlar, Mahmut; Zhu, Stuart X.
作者单位:Hong Kong Polytechnic University; McMaster University; Hong Kong University of Science & Technology
摘要:his paper studies a decentralized supply chain consisting of a supplier and a retailer facing price- and leadtime-sensitive demands. A Stackelberg game is constructed to analyze the price and lead time decisions by the supplier as the leader and the retailer as the follower. The equilibrium strategies of the two players are obtained. Using the performance of the corresponding centralized system as a benchmark, we show that decentralized decisions in general are inefficient and lead to inferior...
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作者:Demirhan, Didem; Jacob, Varghese S.; Raghunathan, Srinivasan
作者单位:University of Texas System; University of Texas Dallas
摘要:The declining cost of information technology (IT) over time provides the later entrant in information-intensive industries a cost advantage. On the other hand, the earlier entrant has the potential to build and retain its market share if consumers incur a cost in switching to the later entrant. We investigate the impact of a decline in the IT cost and the switching cost on IT investment strategies of firms. We find that a declining IT cost always hurts the early entrant's profit. The early ent...
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作者:Jiang, Zhengrui; Sarkar, Sumit; De, Prabuddha; Dey, Debabrata
作者单位:University of Texas System; University of Texas Dallas; Purdue University System; Purdue University; University of Washington; University of Washington Seattle
摘要:Because of the heterogeneous nature of different data sources, data integration is often one of the most challenging tasks in managing modern information systems. While the existing literature has focused on problems such as schema integration and entity identification, it has largely overlooked a basic question: When an attribute value for a real-world entity is recorded differently in different databases, how should the ''best'' value be chosen from the set of possible values? This paper pro...
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作者:Plambeck, Erica L.; Taylor, Terry A.
作者单位:Stanford University; University of California System; University of California Berkeley
摘要:A manufacturer writes supply contracts with N buyers. Then, the buyers invest in innovation, and the manufacturer builds capacity. Finally, demand is realized, and the firms renegotiate the supply contracts to achieve an efficient allocation of capacity among the buyers. The court remedy for breach of contract (specific performance versus expectation damages) affects how the firms share the gain from renegotiation, and hence how the firms make investments ex ante. The firms may also engage in ...
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作者:Aviv, Yossi
作者单位:Washington University (WUSTL)
摘要:This paper studies the potential benefits of collaborative forecasting (CF) partnerships in a supply chain that consists of a manufacturer and a retailer. To reflect the reality in production environments, we propose a scorecard that captures inventory considerations, production smoothing, and adherence-to-plans. We present a prescriptive convex-cost production planning model for the manufacturer, and a replenishment model for the retailer. We use our integrative reference model to study the p...
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作者:Venkataraman, Sriram; Stremersch, Stefan
作者单位:Emory University; Duke University
摘要:Decision making by physicians on patients' treatment has come under increased public scrutiny. In fact, there is a fair amount of debate on the effects of marketing actions of pharmaceutical firms toward physicians and their impact on physician prescription behavior. While some scholars find a strong and positive influence of marketing actions, some find only moderate effects, and others even find negative effects. Debate is also mounting on the role of other influencers (such as patient reque...
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作者:Bhattacharjee, Sudip; Gopal, Ram D.; Lertwachara, Kaveepan; Marsden, James R.; Telang, Rahul
作者单位:University of Connecticut; California State University System; California Polytechnic State University San Luis Obispo; Carnegie Mellon University
摘要:Recent technological and market forces have profoundly impacted the music industry. Emphasizing threats from peer-to-peer (P2P) technologies, the industry continues to seek sanctions against individuals who offer a significant number of songs for others to copy. Combining data on the performance of music albums on the Billboard charts with file sharing data from a popular network, we assess the impact of recent developments related to the music industry on survival of music albums on the chart...
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作者:Ouyang, Yanfeng
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; University of California System; University of California Berkeley
摘要:The authors analyze the bullwhip effect in multistage, decentralized supply chains operated with linear and time-invariant inventory management policies; the focus is on robustness. The supply chain is modeled as a single-input, single-output control system driven by arbitrary customer demands. The authors derive robust analytical conditions to predict the presence of the bullwhip effect and bound its magnitude, based only on the way inventories are managed. These results hold independently of...
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作者:Baucells, Manel; Heukamp, Franz H.
作者单位:University of Navarra; IESE Business School
摘要:We generalize and extend the second-order stochastic dominance condition for expected utility to cumulative prospect theory. The new definitions include preferences represented by S-shaped value functions, inverse S-shaped probability weighting functions, and loss aversion. The stochastic dominance conditions supply a framework to test different features of cumulative prospect theory. In the experimental part of the paper, we offer a test of several joint hypotheses on the value function and t...