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作者：Lee, Seungrae; Park, Seung Jae; Seshadri, Sridhar
作者单位：Hankuk University Foreign Studies; Yonsei University; University of Illinois System; University of Illinois Urbana-Champaign
摘要：Problem definition: We investigate variations of the bullwhip effect across foreign subsidiaries and explore how it is affected by various features of foreign subsidiaries. Academic/practical relevance: During the era of global supply chain restructuring, researchers and executives of multinational firms should understand variations of the foreign subsidiary's bullwhip effect, given that its reduction is a key strategy for coordinating supply chains. Methodology: Our work is based on a balance...
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作者：Chan, Tian Heong; Bharadwaj, Anandhi; Varadarajan, Deepa
作者单位：Emory University; University System of Georgia; Georgia State University
摘要：Problem definition: In what kinds of business method innovation do firms in the manufacturing and trade sectors engage? Does engaging in business method innovation create value for these firms? The present paper answers these questions using empirical evidence. Methodology/results: Using text analysis of business method patents, we show that business method innovation in the U.S. manufacturing and trade sectors is aimed primarily at improving the business operations that support the sales of t...
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作者：Wang, Xiaoyu; Xu, Fasheng
作者单位：Washington University (WUSTL); Syracuse University
摘要：Problem definition: Smart contract improves the supply chain efficiency by enabling the supplier's commitment to postshipment financing decisions, which mitigates the bank's lending risk exposure and thereby reduces the financing cost. This paper investigates how smart contract adoption could facilitate trade finance activities and create value for supply chain firms. Academic/practical relevance: As the emerging blockchain technology could potentially reshape the trade financing landscape, un...
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作者：Dong, Lingxiu; Qiu, Yunzhe; Xu, Fasheng
作者单位：Washington University (WUSTL); Peking University; Syracuse University
摘要：Problem definition: For many supply chains, deep-tier suppliers, due to their small size and lack of access to capital, are most vulnerable to disruptions. We study the use of advance payment (AP) as a financing instrument in a multitier supply chain to mitigate the supply disruption risk in a traditional system (with limited visibility) and a blockchain-enabled system (with perfect visibility). The main goal of this paper is to shed light on how blockchain adoption impacts agents' operational...
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作者：Rios, Ignacio; Saban, Daniela; Zheng, Fanyin
作者单位：University of Texas System; University of Texas Dallas; Stanford University; Columbia University
摘要：Problem definition: Motivated by our collaboration with an online dating company, we study how a platform should dynamically select the set of potential partners to show to each user in each period in order to maximize the expected number of matches in a time horizon, where a match is formed only after two users like each other, possibly in different periods. Academic/practical relevance: Increasing match rates is a prevalent objective of online platforms. We provide insights into how to lever...
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作者：Lee, Hau; Tang, Christopher; Yang, S. Alex; Zhang, Yuxuan
作者单位：Stanford University; University of California System; University of California Los Angeles; University of London; London Business School; University of International Business & Economics
摘要：Problem definition: The paper focuses on an innovative bank-intermediated trade finance contract, which we call dynamic trade finance (DTF, under which banks dynamically adjust loan interest rates as an order passes through different steps in the trade process). We examine the value of DTF, the impact of process uncertainties, and the associated information frictions on this value and the strategic interaction between DTF and FinTech. Academic/practical relevance: As more than 30% of global tr...
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作者：Cho, Sanghoon; Ferguson, Mark; Pekgun, Pelin; Vakhutinsky, Andrew
作者单位：University of South Carolina System; University of South Carolina Columbia; Oracle
摘要：Problem definition: Estimating customer demand for revenue management solutions faces two main hurdles: unobservable no-purchases and nonhomogenous customer populations with varying preferences. We propose a novel and practical estimation and segmentation methodology that overcomes both challenges simultaneously. Academic/practical relevance: We combine the estimation of discrete choice modeling under unobservable no-purchases with a data-driven identification of customer segments. In collabor...
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作者：Ferreira, Kris Johnson; Mower, Emily
作者单位：Harvard University; Harvard University
摘要：Problem definition: We consider the problem of demand learning and pricing for retailers who offer assortments of substitutable products that change frequently, for example, due to limited inventory, perishable or time-sensitive products, or the retailer's desire to frequently offer new styles. Academic/practical relevance: We are one of the first to consider the demand learning and pricing problem for retailers who offer product assortments that change frequently, and we propose and implement...
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作者：Alley, Michael; Biggs, Max; Hariss, Rim; Herrmann, Charles; Li, Michael Lingzhi; Perakis, Georgia
作者单位：University of Virginia; McGill University; Massachusetts Institute of Technology (MIT); Massachusetts Institute of Technology (MIT)
摘要：Problem definition: We present a data-driven study of the secondary ticket market. In particular, we are primarily concerned with accurately estimating price sensitivity for listed tickets. In this setting, there are many issues including endogeneity, heterogeneity in price sensitivity for different tickets, binary outcomes, and nonlinear interactions between ticket features. Our secondary goal is to highlight how this estimation can be integrated into a prescriptive trading strategy for buyin...
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作者：Gutjahr, Walter J.; Kovacevic, Raimund M.; Wozabal, David
作者单位：University of Vienna; Danube University Krems; Technische Universitat Wien; Technical University of Munich
摘要：Problem definition: Bargaining situations are ubiquitous in economics and management. We consider the problem of bargaining for a fair ex ante distribution of random profits arising from a cooperative effort of a fixed set of risk-averse agents. Our approach integrates optimal managerial decision making into bargaining situations with random outcomes and explicitly models the impact of risk aversion. The proposed solution rests on a firm axiomatic foundation and yet allows to compute concrete ...
