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作者：Pinker, EJ; Seidmann, A; Vakrat, Y
作者单位：University of Rochester; Stanford University; McKinsey & Company
摘要：The Internet's computational power and flexibility have made auctions a widespread and integral part of both consumer and business markets. Though online auctions are a multibillion dollar annual activity, with a growing variety of sophisticated trading mechanisms, scientific research on them is at an early stage. This paper analyzes the current state of management science research on online auctions. It develops a broad research agenda for issues such as the behavior of online auction partici...
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作者：Gopal, A; Sivaramakrishnan, K; Krishnan, MS; Mukhopadhyay, T
作者单位：University System of Maryland; University of Maryland College Park; University of Houston System; University of Houston; University of Michigan System; University of Michigan; Carnegie Mellon University
摘要：We study the determinants of contract choice in offshore software development projects and examine how the choice of contract and other factors in the project affect project profits accruing to the software vendor. Using data collected on 93 offshore projects from a leading Indian software vendor, we provide evidence that specific vendor-, client-, and project-related characteristics such as requirement uncertainty, project team size, and resource shortage significantly explain contract choice...
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作者：Carr, SM
作者单位：University of California System; University of California Los Angeles
摘要：As seen in the data of Snir and Hitt (2003), online service procurement auctions often end without achieving a contract despite active bidding, yet the existing auction literature is silent on why this occurs. One explanation for these unconsummated auctions may be that perfectly acceptable bids are submitted but disregarded because of the cost of assessing the bids' viability and the bidders' capabilities. This note examines this possibility by characterizing optimal and equilibrium bidding a...
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作者：Elmaghraby, W; Keskinocak, P
作者单位：University System of Georgia; Georgia Institute of Technology
摘要：The benefits of dynamic pricing methods have long been known in industries, such as airlines, hotels, and electric utilities, where the capacity is fixed in the short-term and perishable. In recent years, there has been an increasing adoption of dynamic pricing policies in retail and other industries, where the sellers have the ability to store inventory. Three factors contributed to this phenomenon: (1) the increased availability of demand data, (2) the ease of changing prices due to new tech...
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作者：Broadie, M; Yamamoto, Y
作者单位：Columbia University; Hitachi Limited
摘要：In many of the numerical methods for pricing American options based on the dynamic programming approach, the most computationally intensive part can be formulated as the summation of Gaussians. Though this operation usually requires O(NN') work when there are N' summations to compute and the number of terms appearing m each summation is N, we can reduce the amount of work to O(N + N') by using a technique called the fast Gauss transform. In this paper, we apply this technique to the multinomia...
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作者：Balasubramanian, S; Konana, P; Menon, NM
作者单位：University of North Carolina; University of North Carolina Chapel Hill; University of Texas System; University of Texas Austin; University of Texas System; University of Texas Dallas
摘要：Many firms are moving to make virtual interfaces their primary, or even sole, points of customer contact In this environment, some traditional service quality dimensions that. determine customer satisfaction, such as the physical appearance of facilities, employees, and equipment, and employees' responsiveness and empathy, are unobservable. In contrast, trust may play a central role here, in enhancing customer satisfaction. We model trust as an endogenously, formed, entity that ultimately impa...
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作者：Möhring, RH; Schulz, AS; Stork, F; Uetz, M
作者单位：Technical University of Berlin; Massachusetts Institute of Technology (MIT); Hasselt University; Maastricht University
摘要：In project scheduling, a set of precedence-constrained jobs has to be scheduled so as to minimize a given objective. In resource-constrained project scheduling, the jobs additionally compete for scarce resources. Due to its universality, the latter problem has a variety of applications in manufacturing, production planning, project management, and elsewhere. It is one of the most intractable problems in operations research, and has therefore become a popular playground for the latest optimizat...
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作者：Kim, PH
作者单位：University of Southern California
摘要：The study presented in this paper examines how beliefs about coworkers affect group discussion and performance. Two beliefs are considered: (1) Perceptions of coworker task competence, and (2) achievement motivation. This study investigates whether these perceptions can actually hinder group discussion and performance, and considers the contexts in which these detrimental effects are more or less likely to arise. Results indicate that although perceptions of higher achievement motivation in co...
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作者：Ryall, MD
作者单位：University of Rochester
摘要：This paper presents a formal theory of subjective rationality and demonstrates its application to corporate strategy. An agent is said to be subjectively rational when decisions are consistent with the available facts and, where these are lacking, with the agent's own subjective assessments. A self-confirming equilibrium arises when agents' subjectively rational actions generate events that are consistent with their own expectations. Equilibrium strategies may be suboptimal because certain cou...
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作者：Stiving, M
摘要：Although the comment provides some additional insight, it in no way diminishes the contribution of the original paper. That paper is the first and only theoretical explanation for why firms behave as though they use round prices to signal quality. Further, the paper provides empirical evidence in support of this explanation.
