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作者:Li, Linqiu; Fang, Xin; Lim, Yun Fong
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Singapore Management University
摘要:Problem definition: We consider a customer-to-customer (C2C) platform that provides an inspection service. Uncertain about product authenticity, a seller sells a product through the platform. Before purchasing, a buyer obtains a signal of the product authenticity from the product's price set by the seller. The platform's inspection service can detect a counterfeit with a probability. If the product passes the inspection, the platform sends it to the buyer and charges the seller a commission fe...
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作者:Caro, Felipe; Cuenca, Anna Saez de Tejada
作者单位:University of California System; University of California Los Angeles; University of Navarra; IESE Business School
摘要:Problem definition: We study the adherence to the recommendations of a decision support system (DSS) for clearance markdowns at Zara, the Spanish fast fashion retailer. Our focus is on behavioral drivers of the decision to deviate from the recommendation, and the magnitude of the deviation when it occurs. Academic/practical relevance: A major obstacle in the implementation of prescriptive analytics is users' lack of trust in the tool, which leads to status quo bias. Understanding the behaviora...
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作者:Bolandifar, Ehsan; Chen, Zhong; Kouvelis, Panos; Zhou, Weihua
作者单位:Peking University Shenzhen Graduate School (PKU Shenzhen); Peking University; East China Normal University; Washington University (WUSTL); Zhejiang University
摘要:Problem definition: This paper studies an entrepreneur's pricing strategy in a reward-based crowdfunding campaign under asymmetric product quality information. We propose two signaling mechanisms and investigate how entrepreneurs can leverage their pricing strategy to signal a high-quality project. Academic/practical relevance: This problem is relevant to practice, as asymmetric quality information is a significant concern in reward based crowdfunding. High-quality entrepreneurs seek credible ...
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作者:Cui, Yao; Hu, Ming; Liu, Jingchen
作者单位:Cornell University; University of Toronto; Nanjing University
摘要:Problem definition: This paper provides a theoretical investigation into the value and design of a traceability-driven blockchain under different supply chain structures. Methodology/results: We use game theory to study the quality contracting equilibrium between one buyer and two suppliers and identify two fundamental functionalities of a traceability-driven blockchain. In serial supply chains, the ability to trace the sequential production process creates value by mitigating double moral haz...
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作者:Song, Xueze; Mehrotra, Mili; Rajapakshe, Tharanga
作者单位:University of Illinois System; University of Illinois Urbana-Champaign; State University System of Florida; University of Florida
摘要:Problem definition: Participant retention is one of the significant issues faced by clinical studies. This paper analyzes the economic impact of combining two mechanisms (monetary payments to participants and effort exerted during a clinical study) observed in practice to improve retention. Methodology/results: Given an incentive scheme, under full information and information asymmetry regarding participants' characteristics, we model the problem of identifying optimal payment and effort to im...
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作者:Gong, Jing; Greenwood, Brad N.; Song, Yiping (Amy)
作者单位:University of Virginia; George Mason University
摘要:Problem definition: In this work, we examine how ridesharing platforms affect changes in short-term vehicle purchasing. On the one hand, if the introduction of such plat-forms motivates owners to use the idle capacity of their existing vehicles to accrue rents, vehicle sales might fall. On the other hand, if the platform induces would-be drivers to purchase new vehicles in order to participate, vehicle sales might rise. Academic/practical relevance: Whereas operations management researchers ha...
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作者:Chung, Moonwon; Sharma, Luv; Malhotra, Manoj K.
作者单位:University System of Ohio; Cleveland State University; University of South Carolina System; University of South Carolina Columbia; University System of Ohio; Case Western Reserve University
摘要:Problem definition: Initial product design decisions are critically important for mobile apps, which show a relatively short time from launch to peak usage, thus providing a narrow window for success and no time for course correction based on market reaction. Mobile apps are designed using a highly modular architecture based on software development kits (SDKs), with SDK choices being sequentially determined along three dimensions-multiplicity (total number of SDKs), compatibility (SDK co-occur...
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作者:Huang, Ximin (Natalie); Atasu, Atalay; Tereyagoglu, Necati; Toktay, L. Beril
作者单位:University of Minnesota System; University of Minnesota Twin Cities; INSEAD Business School; University of South Carolina System; University of South Carolina Columbia; University System of Georgia; Georgia Institute of Technology
摘要:Problem definition: We study the economic rationale for certified pre-owned (CPO) programs and characterize the mechanism through which they influence secondary markets to create value for durable goods firms and consumers. Academic/practical relevance: Our study on understanding the market impact of CPO programs is highly relevant for industry given their prevalence in practice. Our work also contributes to the adverse selection literature in the context of the lemons problem by uncovering th...
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作者:He, Eryn Juan; Savin, Sergei; Goh, Joel; Teo, Chung-Piaw
作者单位:Utah System of Higher Education; University of Utah; University of Pennsylvania; National University of Singapore; National University of Singapore
摘要:Problem definition: Online platforms that provide on-demand services are often threatened by the phenomenon of leakage, where customer-provider pairs may decide to transact off-platform to avoid paying commissions to the platform. This paper investigates properties of services that make them vulnerable or resistant to leakage. Academic/ practical relevance: In practice, much attention has been given to platform leakage, with platforms experimenting with multiple approaches to alleviate leakage...
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作者:Agarwal, Saharsh; Mani, Deepa; Telang, Rahul
作者单位:Indian School of Business (ISB); Carnegie Mellon University
摘要:Problem definition: Early research has documented significant growth in ride-hailing services worldwide and allied benefits. However, growing evidence of their negative externalities is leading to significant policy scrutiny. Despite demonstrated socioeconomic benefits and consumer surplus worth billions of dollars, cities are choosing to curb these services in a bid to mitigate first order urban mobility problems. Existing studies on the congestion effects of ride-hailing are limited, report ...