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作者：Sosic, Greys
作者单位：University of Southern California
摘要：The author considers a model of a decentralized distribution system consisting of n retailers selling an identical product. Retailers face a stochastic demand and must order their initial inventory before this demand is realized. After demand realization, retailers decide how much of their unsold inventory or unsatisfied demand they want to share with other retailers. This is followed by a transshipment of leftover inventories and distribution of the additional profit generated through invento...
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作者：Ge Zhang
作者单位：University of Louisiana System; University of New Orleans
摘要：This paper investigates a market-valuation-based hypothesis for employee stock options (ESOs). Given that stock prices do not track fundamental values perfectly, I show that ESOs can be used to sell overvalued stocks and to increase long-term shareholder value: The key cross-sectional prediction of the valuation rationale is that the conditional probability of granting options to employees and the amount of options granted to them are positively correlated with market valuation and volatility....
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作者：Wang, Yu; Krishna, Aradhna
作者单位：University of Michigan System; University of Michigan
摘要：This paper focuses on the timeshare industry, where members own timeshare weeks and can exchange these weeks among themselves without a medium of exchange (such as money). Timeshare exchanges allow for the weeks to be redistributed among members to better match their preferences and thus increase efficiency. As such, the problem falls within the domain of matching problems, which have recently gained much attention in academia. We demonstrate theoretically that the two major timeshare exchange...
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作者：Engelbrecht-Wiggans, R; Katok, E
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要：One of the goals of procurement is to establish a competitive price while affording the buyer some flexibility in selecting the suppliers to deal with. Reverse auctions do not have this flexibility, because it is the auction rules and not the buyer that determines the winner. In practice, however, hybrid mechanisms that remove some suppliers and a corresponding amount of demand from the auction market are quite common. We find that in theory such hybrid mechanisms increase competition and make...
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作者：Hsu, VN; Lee, CY; So, KC
作者单位：George Mason University; Hong Kong University of Science & Technology; University of California System; University of California Irvine
摘要：Short delivery time and the efficient management of component inventories are two crucial elements that determine the competitiveness of many contract assembly manufacturers, especially in the electronics industry. In this paper, we develop and analyze an optimization model to determine the optimal stocking quantities for components of an assemble-to-order product in an environment where demand is uncertain and the price for the final product and the costs of components depend on their deliver...
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作者：Fairlie, RW
作者单位：University of California System; University of California Santa Cruz
摘要：In contrast to the large and rapidly growing literature on information technology (IT) investments and firm productivity, we know very little about the role of personal computers in business creation. Using matched data from the 1997-2001 Computer and Internet Usage Supplements to subsequent Outgoing Rotation Group files from the Current Population Survey (CPS), I explore the relationship between computer ownership and entrepreneurship. Trends over the past two decades provide some evidence of...
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作者：Ferrer, G; Swaminathan, JM
作者单位：United States Department of Defense; United States Navy; Naval Postgraduate School; University of North Carolina; University of North Carolina Chapel Hill
摘要：We study a firm that makes new products in the first period and uses returned cores to offer remanufactured products, along with new products, in future periods. We introduce the monopoly environment in two-period and multiperiod scenarios to identify thresholds in remanufacturing operations. Next, we focus our attention on the duopoly environment where an independent operator (10) may intercept cores of products made by the original equipment manufacturer (OEM) to sell remanufactured products...
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作者：Haas, Martine R.
作者单位：Cornell University
摘要：Knowledge gathering can create problems as well as benefits for project teams in work environments characterized by overload, ambiguity, and politics. This paper proposes that the value of knowledge gathering in such environments is greater under conditions that enhance team processing, sensemaking, and buffering capabilities. The hypotheses were tested using independent quality ratings of 96 projects and survey data from 485 project-team members collected during a multimethod field study. The...
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作者：Bagozzi, Richard P.; Dholakia, Utpal M.
作者单位：University of Michigan System; University of Michigan; University of Michigan System; University of Michigan; Rice University
摘要：We conceptualize participation in Linux user groups (LUGs) in terms of group-referent intentional actions and investigate cognitive (attitudes, perceived behavioral control, identification with the open source movement), affective (positive and negative anticipated emotions), and social (social identity) determinants of participation and its consequences on Linux-related behaviors of users. This survey-based study, conducted with 402 active LUG members representing 191 different LUGs from 23 c...
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作者：Bakshi, Gurdip; Madan, Dilip
作者单位：University System of Maryland; University of Maryland College Park
摘要：This study formalizes the departure between risk-neutral and physical index return volatilities, termed volatility spreads. Theoretically, the departure between risk-neutral and physical index volatility is connected to the higher-order physical return moments and the parameters of the pricing kernel process. This theory predicts positive volatility spreads when investors are risk averse, and when the physical index distribution is negatively skewed and leptokurtic. Our empirical evidence is s...
