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作者:Li, Zhaolin; Kirshner, Samuel N.
作者单位:University of Sydney; University of New South Wales Sydney
摘要:We analyze a salesforce principal-agent model where both the firm and sales agent have limited information on the effort-dependent demand distribution, creating two-sided ambiguity. Under the max-min decision criteria, the firm offers a contract to the agent who exerts unobservable effort to influence the demand distribution. We formulate the problem as a semi-infinite program and use the agent's shadow prices to construct the least expensive contract. Next, we use the least expensive contract...
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作者:Ding, Ying; Tu, Yanping; Pu, Jingchuan; Qiu, Liangfei
作者单位:Renmin University of China; Peking University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; State University System of Florida; University of Florida
摘要:The operations management literature has recently begun to analyze how novel data sources help practitioners better understand product demand. We extend this stream of research by analyzing how air quality, a prominent environmental factor that has received little attention in prior studies, can impact product demand. Specifically, we examine how air quality affects the demand for different product color options, and find a greater demand for blue-color product option on air-polluted days (vs....
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作者:Lee, Hau L.
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作者:Yi, Zelong; Wang, Yulan; Chen, Ying-Ju
作者单位:Shenzhen University; Hong Kong Polytechnic University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
摘要:We consider an agricultural supply chain consisting of a capital-constrained smallholder farmer and an intermediary platform. The smallholder farmer sells agricultural products through the intermediary platform but lacks financial resources for planting. In addition to traditional bank financing (provided by a bank), the creditworthy intermediary platform can provide loans directly to the farmer (known as direct financing) or serve as a guarantor if the farmer's creditworthiness is insufficien...
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作者:Gupta, Sudip
作者单位:Fordham University
摘要:In this study, we formulate and estimate a dynamic procurement auction game where bidder asymmetry due to synergy is endogenous. The seller sells multiple goods via a sequence of first-price auctions. While bidders are ex-ante symmetric, the first-period winner has a valuation advantage as a result of such synergy in the second-period bidding game and becomes a strong bidder. This endogenous synergy creation leads to overbidding in the first-period auction relative to a static bidding game. We...
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作者:Li, Meng; Liu, Yunchuan
作者单位:University of Houston System; University of Houston; University of Illinois System; University of Illinois Urbana-Champaign
摘要:Many retailers and manufacturers accept product returns from consumers (via money-back guarantees) and retailers (via full-credit return policies) respectively. While the extant literature focuses on either manufacturer or retailer return policies, this study investigates both return policies and finds that a manufacturer's return policy can induce the retailer to adopt a return policy. Although accepting consumer returns hurts the manufacturer when the manufacturer sells through non-competing...
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作者:Fayezi, Sajad; Benstead, Amy; Gold, Stefan; Klassen, Robert; Van Wassenhove, Luk
作者单位:Memorial University Newfoundland; University of Manchester; Universitat Kassel; INSEAD Business School
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作者:Li, Hongmin; Huh, Woonghee T.; Sampaio, Matheus C.; Keng, Naiping
作者单位:Arizona State University; Arizona State University-Tempe; University of British Columbia; Northwestern University
摘要:We present and solve a joint production and qualification planning problem for a manufacturing environment with high process flexibility. Various factors contribute to the complexity of the problem, one of which is product-machine mapping: Each machine may be qualified to produce multiple products and each product can be produced on multiple machines. To meet a build-plan, the factory needs to not only determine a multi-machine multi-product production schedule that accounts for sequence-depen...
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作者:Guda, Harish; Dawande, Milind; Janakiraman, Ganesh; Rajapakshe, Tharanga
作者单位:Arizona State University; Arizona State University-Tempe; University of Texas System; University of Texas Dallas; State University System of Florida; University of Florida
摘要:The goals of the guaranteed support price (GSP) scheme, adopted by several developing countries to support their farmers and the underprivileged population, are threefold: (a) as a supply-side incentive, to ensure high output from the farmers, (b) as a demand-side provisioning tool, to subsidize the consumption needs of the poor, and (c) to maintain an adequate amount of foodgrains as reserve stock, to mitigate the adverse effects of yield uncertainty (food security). We offer analytically sup...
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作者:He, Qiao-Chu; Nie, Tiantian; Yang, Yun; Shen, Zuo-Jun
作者单位:Southern University of Science & Technology; University of North Carolina; University of North Carolina Charlotte; University of Illinois System; University of Illinois Urbana-Champaign; University of California System; University of California Berkeley; University of Hong Kong
摘要:In this study, we propose an integrated model of two-sided stochastic matching platforms to understand the design and operations of free-float shared-mobility systems. In particular, we address the joint design of incentives (via crowd-sourcing) and spatial capacity allocations (enabled by geo-fencing). From the platform's perspective, we formulate stylized models based on strategic double-ended queues. We optimize the design and operations of such systems in a case study using a data set from...