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作者：Ben-Ameur, H; Breton, M; L'Ecuyer, P
作者单位：Universite de Montreal; HEC Montreal; Universite de Montreal; HEC Montreal; Universite de Montreal; Universite de Montreal
摘要：Pricing European-style Asian options based on the arithmetic average, under the Black and Scholes model, involves estimating an integral (a mathematical expectation) for which no easily computable analytical solution is available. Pricing their American-style counterparts, which provide early exercise opportunities, poses the additional difficulty of solving a dynamic optimization problem to determine the optimal exercise strategy. A procedure for pricing American-style Asian options of the Be...
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作者：King, A; Lenox, M
作者单位：New York University
摘要：In this paper, we explore the locus of profitable pollution reduction. We propose that managers underestimate the full value of some means of pollution reduction and so under exploit these means. Based on evidence from previous studies, we argue that waste prevention often provides unexpected innovation offsets, and that onsite waste treatment often provides unexpected cost. We use statistical methods to test the direction and significance of the relationship between the various means of pollu...
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作者：Ingram, P; Simons, T
作者单位：Columbia University; Carnegie Mellon University
摘要：Groups of organizations are pervasive, although there is little systematic knowledge about how they affect their members. We examine one dimension of the operation of organization groups, the transfer of experience. Our Fore,argument is that organization groups may create benefits for their members, but problems-for those outside the group. Within the group they can facilitate the transfer of experience among their members by creating mechanisms for communication, incentives for helping, and b...
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作者：Pich, MT; Loch, CH; De Meyer, A
作者单位：INSEAD Business School; INSEAD Business School
摘要：This article develops a model of a project as a payoff function that depends on the state of the world and the choice of a sequence of actions. A causal mapping, which may be incompletely known by the project team, represents the impact of possible actions on the states of the world. An underlying probability space represents available information about the state of the world. Interactions among actions and states of the world determine the complexity of the payoff function. Activities are end...
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作者：Zantek, PF; Wright, GP; Plante, RD
作者单位：University System of Maryland; University of Maryland College Park; Purdue University System; Purdue University
摘要：Manufacturing systems typically contain processing and assembly stages whose output quality is significantly affected by the output quality of preceding stages in the system. This study offers and empirically validates a procedure for (1) measuring the effect of each stage's performance on the output quality of subsequent stages including the quality of the final product, and (2) identifying stages in a manufacturing system where management should concentrate investments in process quality imp...
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作者：Owen-Smith, J; Riccaboni, M; Pammolli, F; Powell, WW
作者单位：Stanford University; University of Siena; University of Florence
摘要：We draw on diverse data sets to compare the institutional organization of upstream life science research across the United States and Europe. Understanding cross-national differences in the organization of innovative labor in the life sciences requires attention to the structure and evolution of biomedical networks involving public research organizations (universities, government laboratories, nonprofit research institutes, and research hospitals), science-based biotechnology firms, and multin...
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作者：Zohar, E; Mandelbaum, A; Shimkin, N
作者单位：Technion Israel Institute of Technology; Technion Israel Institute of Technology
摘要：We address the modeling and analysis of abandonments from a queue that is invisible to its occupants. Such queues arise in remote service systems, notably the Internet and telephone call centers; hence, we refer to them as tele-queues. A basic premise of this paper is that customers adapt their patience (modeled by an abandonment-time distribution) to their service expectations, in particular to their anticipated waiting time. We present empirical support for that hypothesis, and propose an M/...
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作者：Cheung, KL; Lee, HL
作者单位：Hong Kong University of Science & Technology; Stanford University; Stanford University
摘要：In this paper, we examine two information-based supply-chain efforts that are often linked to Vendor-Managed Inventory (VMI) programs. Specifically, we consider a supplier serving Multiple retailers located in a close proximity. The first effort uses information on the retailers' inventory positions to coordinate shipments from the supplier to enjoy economies of scale in shipments, such as full truckloads. The second effort uses the same information for eventual unloading of the shipments to t...
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作者：Knott, AM
作者单位：University of Pennsylvania
摘要：This study develops a dual-routines view of the dynamic value of hierarchy, and tests it against the implicit null hypothesis that hierarchy merely provides static advantages over markets. The view holds that hierarchical managers perform two roles that create value for firms in perpetuity-an administrative role of enforcing operational routine, and an entrepreneurial role of executing a metaroutine that continually revises operational routine to keep pace with changes in the environment. The ...
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作者：Chen, FR; Federgruen, A; Zheng, YS
作者单位：Columbia University; University of Pennsylvania
摘要：We address a fundamental two-echelon distribution system in which the sales volumes of the retailers are endogenously determined on the basis of known demand functions. Specifically, this paper studies a distribution channel where a supplier distributes a single product to retailers, who in turn sell the product to consumers. The demand in each retail market arrives continuously at a constant rate that is a general decreasing function of the retail price in the market. We have characterized an...
