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作者：Adbi, Arzi; Chatterjee, Chirantan; Drev, Matej; Mishra, Anant
作者单位：INSEAD Business School; Indian Institute of Management (IIM System); Indian Institute of Management Ahmedabad; University System of Georgia; Georgia Institute of Technology; University of Minnesota System; University of Minnesota Twin Cities
摘要：This study examines the relationship between exogenous demand shock and market structure in India's influenza vaccine markets. Using a novel dataset of detailed purchasing information for vaccines in India, and exploiting the 2009-10 global H1N1 pandemic as an exogenous demand shock, we provide evidence of heterogeneous responses to the shock by domestic and multinational vaccine manufacturers in the influenza vaccine market relative to our control group of all other vaccine markets. We find t...
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作者：Shen, Hao; Liang, Yong; Shen, Zuo-Jun Max; Teo, Chung-Piaw
作者单位：Tsinghua University; Tsinghua University; University of California System; University of California Berkeley; University of California System; University of California Berkeley; National University of Singapore; National University of Singapore
摘要：It is well-known that adding a little flexibility to the right place is an effective strategy to improve the performance of operations in the face of demand uncertainties, to ensure high level of capacity utilization. However, given that system disruptions are ubiquitous, the legacy flexibility designs may perform poorly under disruptions to supply or capacity installations. In this study, we focus on the design of reliable and sparse flexibility structures that consistently meet a reasonable ...
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作者：Dong, James; Simsek, A. Serdar; Topaloglu, Huseyin
作者单位：Cornell University; University of Texas System; University of Texas Dallas
摘要：We consider pricing problems when customers choose under the Markov chain choice model. In this choice model, a customer arriving into the system is interested in a certain product with a certain probability. Depending on the price charged for this product, the customer decides whether to purchase the product. If the customer purchases the product, then she leaves the system. Otherwise, the customer transitions to another product or to the no purchase option with certain transition probabiliti...
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作者：Lim, Michael K.; Mak, Ho-Yin; Park, Seung Jae
作者单位：Seoul National University (SNU); University of Oxford; Yonsei University
摘要：We examine the operations, fairness, and social implications of fair trade certified products. We consider the market for fair trade certified products, which may serve as a substitute to a regular product. A fair trade organization chooses standards for the certification, namely, the (unit) premium and minimum fraction of fair trade raw materials, to maximize the total premium transferred to farmers. We analyze the operations of various stakeholders in the fair trade value chain, as well as t...
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作者：Wang, Qi; Feng, Juan; Jiang, Xuping; Xie, Jinhong
作者单位：China Europe International Business School; City University of Hong Kong; Tsinghua University; State University System of Florida; University of Florida
摘要：This study investigates a novel mechanism-multiple-winner award rules-that are widely used in e-procurement auctions and crowdsourcing sites. In many e-procurement auctions, the auctioneer (i.e., the buyer) specifies three rules before the auction starts: (i) the size of the finalist set (from which the winner[s] will be chosen); (ii) the number of winners; and (iii) the allocation of the contract among the winners. We examine how these three rules affect auction performance using a dataset of...
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作者：Zhao, Xiaobo; Si, Dezhen; Zhu, Wanshan; Xie, Jinxing; Shen, Zuo-Jun (Max)
作者单位：Tsinghua University; Renmin University of China; Tsinghua University; University of California System; University of California Berkeley; University of California System; University of California Berkeley
摘要：Although vendor-managed inventory (VMI) programs have gained popularity in practice, some empirical studies report that their implementations have not been successful. We conduct experiments to investigate behaviors in a supply chain where a supplier replenishes inventories for a retailer according to a VMI program under a revenue-sharing contract. The results show that subjects' decisions deviate significantly from the standard theoretical predictions because the retailer presents equality pr...
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作者：Jin, Yannan; Hu, Qiying; Kim, Sang Won; Zhou, Sean X.
作者单位：Shanghai University of Finance & Economics; Fudan University; Chinese University of Hong Kong
摘要：Supplier development and supplier integration are two deeply interconnected strategic tools that manufacturers often employ to improve the efficiency and competitiveness of their supply chains. This paper studies the interaction of these two strategic decisions in a competitive environment. Specifically, we consider a duopoly model where two supply chains, each consisting of one manufacturer and one supplier, sell substitutable products in the market. Each manufacturer orders components from i...
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作者：Ye, Han; Luedtke, James; Shen, Haipeng
作者单位：University of Illinois System; University of Illinois Urbana-Champaign; University of Wisconsin System; University of Wisconsin Madison; University of Hong Kong
摘要：We consider call centers that have multiple (potentially inter-dependent) demand arrival streams. Workforce management of such labor intensive service systems starts with forecasting future arrival demand. We investigate the question of whether and when to jointly forecast future arrivals of the multiple streams. We first develop a general statistical model to simultaneously forecast multi-stream arrival rates. The model takes into account three types of inter-stream dependence. We then show w...
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作者：Zhang, Yinghao; Siemsen, Enno
作者单位：University System of Ohio; University of Cincinnati; University of Wisconsin System; University of Wisconsin Madison
摘要：The field of behavioral operations has produced a rich tradition of experiments in newsvendor decision-making. Our study provides a meta-analysis of 24 papers in this research area; we confirm that the pull-to-center (PtC) effect, where average order quantities in a sample lie in between average demand and optimal order quantities, is a very stable observable phenomenon across studies. However, we also show that the asymmetry in the PtC effect between high-margin and low-margin conditions vari...
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作者：Hopp, Wallace J.; Li, Jun; Wang, Guihua
作者单位：University of Michigan System; University of Michigan
摘要：The big data revolution is making vast amounts of information available in all sectors of the economy including health care. One important type of data that is particularly relevant to medicine is observational data from actual practice. In comparison to experimental data from clinical studies, observational data offers much larger sample sizes and much broader coverage of patient variables. Properly combining observational data with experimental data can facilitate precision medicine by enabl...
