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作者:Kirshner, Samuel Nathan; Ovchinnikov, Anton
作者单位:University of New South Wales Sydney; Queens University - Canada; INSEAD Business School
摘要:This paper demonstrates the mathematical equivalence between two recently proposed reference effect formulations for the newsvendor problem and then extends them to a competitive setting. The analysis of the resultant game shows that the heterogeneity of reference effects can explain multiple regularities observed in recent experimental studies of newsvendor competition. In particular, our model explains the main experimental finding that one newsvendor tends to ignore the policy of its compet...
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作者:Wang, Guihua; Li, Jun; Hopp, Wallace J.; Fazzalari, Franco L.; Bolling, Steven F.
作者单位:University of Michigan System; University of Michigan; University of Michigan System; University of Michigan
摘要:Problem definition: We address two key questions faced by patients, physicians, and policy makers: (1) How do different types of patients benefit differently from elite surgeons? and (2) How can outcome data be used to achieve better healthcare at both the individual and social levels? Academic/practical relevance: Existing healthcare provider quality information, which is almost exclusively based on population averages, cannot detect differences in the surgeon effect for patients with differe...
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作者:Fu, Wayne; Kalkanci, Basak; Subramanian, Ravi
作者单位:University of Michigan System; University of Michigan; University System of Georgia; Georgia Institute of Technology
摘要:Problem definition: Whether information dissemination about chemical hazards drives managers at facilities to undertake corresponding environmental actions, remains an open question that has not been adequately examined in the literature. Academic/practical relevance: We fill this gap in the literature by empirically investigating reductions in chemical emissions by facilities in relation to changes in the assessed hazard levels of chemicals evidenced in periodically-updated public information...
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作者:Alan, Yasin; Kurtulus, Mumin; Wang, Chunlin
作者单位:Vanderbilt University
摘要:Problem definition: We study a retailer's category management strategy and interactions with its supply chain partners in a setting in which increasing the store brand (SB) market share in a focal category improves the retailer's overall profitability by creating demand spillover to other categories. Academic/practical relevance: Unlike most category management research, which focuses on category profit maximization, our research incorporates SB spillover observed in practice into the retailer...
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作者:Pennetier, Christophe; Girotra, Karan; Mihm, Jurgen
作者单位:INSEAD Business School; Cornell University; INSEAD Business School
摘要:Problem definition: Should the management of research and development (R&D) be persistent in its approach to funding R&D or rather allow for quick reaction and dynamism? Academic/practical relevance: Under a persistent policy, allocations remain nearly constant irrespective of circumstances; under a dynamic policy, R&D spending increases (respectively, declines) when opportunities arise (respectively, fail to materialize). Practitioners give conflicting answers as to which policy is preferable...
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作者:Ramasubbu, Narayan; Shang, Jennifer; May, Jerrold H.; Tjader, Youxu; Vargas, Luis
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:We conceptualize task interdependence between firms in outsourced service operations as an endogenous design choice made by the outsourcing firm. Then, utilizing relative firm efficiency and Tobin's q as performance metrics, we examine the impacts of the task interdependence choices of outsourcing firms on their performances. We examine data, collected from a variety of sources, on 184 service alliances across nine industries. We find that task interdependence in outsourced service operations ...
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作者:Orsdemir, Adem; Deshpande, Vinayak; Parlakturk, Ali K.
作者单位:University of California System; University of California Riverside; University of North Carolina; University of North Carolina Chapel Hill
摘要:Problem definition: Servicization is a business strategy to sell the functionality of a product rather than the product itself. It has been touted as an environmentally friendly strategy as it encourages manufacturers to take more responsibility for their products. We study when servicization results in a win-win outcome where it can simultaneously increase a firm's profits and decrease its environmental impact compared with selling products. Academic/practical relevance: Whereas policy planne...
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作者:Cho, Soo-Haeng; Fang, Xin; Tayur, Sridhar; Xu, Ying
作者单位:Carnegie Mellon University; Singapore Management University; Singapore University of Technology & Design
摘要:Problem definition: We investigate multinational firms' inspection and pricing strategies to address the challenges of combating child labor in global supply chains. We also examine how several factors (such as information disclosure, goodwill loss, inspection cost, external monitoring by nongovernmental organizations (NGOs), and penalty scheme) affect firms' incentives to use different strategies to combat child labor. Academic/practical relevance: Nearly 200 million children are engaged in c...
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作者:Hu, Wenqi; Chan, Carri W.; Zubizarreta, Jose R.; Escobar, Gabriel J.
作者单位:Uber Technologies, Inc.; Columbia University; Harvard University; Harvard University; Kaiser Permanente
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作者:Uppari, Bhavani Shanker; Hasija, Sameer
作者单位:INSEAD Business School
摘要:Problem definition: Studies have shown that the behavior of subjects in newsvendor experiments is not consistent with expected profit maximization-an assumption that is often made in operations management literature. Although prospect theory has been established as a popular model of behavioral decision making under uncertainty, it was considered to be inconsistent with observed newsvendor behavior (in particular, the pull-to-center effect) until a recent study by Long and Nasiry [Long X, Nasi...