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作者：Stangl, Tobias; Thonemann, Ulrich W.
作者单位：University of Cologne
摘要：We analyze how performance metrics that contain equivalent information affect actual decisions. We consider two such performance metrics from supply chain management, days of supply and inventory turn rate, where one is the inverse of the other. We argue that individuals' assessment of performance is also affected by the metric as opposed to solely based on the inventory value that actually matters. We perform three laboratory studies and analyze how decisions are affected by the metric used t...
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作者：Aflaki, Sam; Netessine, Serguei
作者单位：Hautes Etudes Commerciales (HEC) Paris; INSEAD Business School
摘要：To analyze incentives for investing in the capacity to generate renewable electricity, we model the trade-off between renewable (e.g., wind) and nonrenewable (e.g., natural gas) technology. Renewable technology has a higher investment cost and yields only an intermittent supply of electricity; nonrenewable technology is reliable and has lower investment cost but entails both fuel expenditures and carbon emission costs. With reference to existing electricity markets, we model several interrelat...
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作者：Craig, Nathan; DeHoratius, Nicole; Raman, Ananth
作者单位：University System of Ohio; Ohio State University; University of Chicago; Harvard University
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作者：Huang, Tingliang; Yin, Zhe; Chen, Ying-Ju
作者单位：Boston College; Shanghai University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
摘要：The posterior price-matching policy, whereby a firm promises to reimburse the price difference to a customer who purchases a product before the firm marks it down, has been used in practice. The extensive literature has offered the following explanations for why posterior price matching is adopted: to reduce inventory, to soften competition, to price discriminate consumers, and to eliminate consumer strategic waiting incentives. In this paper, we provide a novel explanation and investigate the...
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作者：Pun, Hubert; DeYong, Gregory D.
作者单位：Western University (University of Western Ontario); Southern Illinois University System; Southern Illinois University
摘要：In this paper, we use a two-period game theoretical model to examine the decisions of a manufacturer and a copycat firm who are competing for strategic customers. The manufacturer decides on the amount of its market expansion advertising investment in the first period and on its pricing strategy in both periods. Advertising increases the size of the pie, but eventually the manufacturer may end up inadvertently sharing the benefits with the copycat. After the first period, the copycat makes a m...
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作者：Chen, Li; Hu, Bin
作者单位：Cornell University; University of North Carolina; University of North Carolina Chapel Hill
摘要：In this paper we investigate the effect of offshore supply dependence (OSD) on offshoring-reshoring profit comparisons. We find that OSD hampers a reshoring manufacturer's responsiveness to demand information updates and may significantly affect offshoring-reshoring comparisons, such that reshoring may yield lower profits than offshoring in many cases, including when offshoring has no baseline-cost advantage. We then show that OSD also affects how salient costs such as customs duties and shipp...
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作者：Hekimoglu, Mert Hakan; Kazaz, Burak; Webster, Scott
作者单位：Rensselaer Polytechnic Institute; Syracuse University; Arizona State University; Arizona State University-Tempe
摘要：We examine a risk-averse distributor's decision in selecting between bottled wine and wine futures under weather and market uncertainty. At the beginning of every summer, a fine wine distributor has to choose between purchasing bottled wine made from the harvest collected two years ago and wine futures of wine still aging in the barrel from the previous year's harvest. At the end of the summer, after seeing weather and market fluctuations, the distributor can adjust its allocation by trading f...
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作者：Benjaafar, Saif; Chen, David; Wang, Rowan
作者单位：University of Minnesota System; University of Minnesota Twin Cities; University of Toronto; Singapore Management University
摘要：We consider the problem of managing production in a production-inventory system where a firm is subject to an allowance (a limit) on either the amount of input it can use or the amount of output it can produce over a specified compliance period (in addition to being subject to a constraint on the production capacity). Examples of such settings are numerous and include those where limits are placed on the use of scarce natural resources as input or on the amount of waste or harmful pollution ge...
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作者：Kostami, Vasiliki; Kostamis, Dimitris; Ziya, Serhan
作者单位：University of London; London Business School; University of North Carolina; University of North Carolina Chapel Hill; University of North Carolina; University of North Carolina Chapel Hill
摘要：We study the pricing and capacity allocation problem of a service provider who serves two distinct customer classes. Customers in each class are inherently heterogeneous in their willingness to pay for service, but their utilities are also affected by the presence of other customers in the system. Specifically, customer utilities depend on how many customers are in the system at the time of service as well as who these other customers are. We find that if the service provider can price discrim...
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作者：Peura, Heikki; Yang, S. Alex; Lai, Guoming
作者单位：Imperial College London; University of London; London Business School; University of Texas System; University of Texas Austin
摘要：Trade credit is a widely adopted industry practice. Prior research has focused on how trade credit benefits firms by improving vertical supply chain relationships. This paper offers a novel perspective by examining whether trade credit benefits suppliers through a horizontal channel. Under the classic Bertrand competition framework, we analyze two competing firms' price decisions with and without trade credit. We find that when the firms are financially constrained, trade credit softens horizo...
