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作者:Kyung, Nakyung; Liu, Xiaoyu
作者单位:Sungkyunkwan University (SKKU); National University of Singapore
摘要:The opioid epidemic poses widespread societal challenges. In response, electronic prescribing for controlled substances (EPCS), which requires prescribers to use the e-prescribing system, has begun attracting attention to combat the opioid epidemic by helping prescribers detect doctor shoppers and prevent forged prescriptions. However, a concern is that limited access to opioids after EPCS mandates may cause drug users to cross borders and travel to other areas without EPCS. Grounded in the te...
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作者:Ren, Weitao; Ru, Chuanshuai; Xiao, Wenqiang; Chen, Fangruo
作者单位:Shanghai Jiao Tong University; New York University
摘要:This paper studies how an online seller designs a menu of return contracts to manage consumer heterogeneity arising from product misfit risk. In the model, informed consumers know the product fits, whereas uninformed consumers face uncertainty about fit. We show that when only misfit risk exists, a single full-refund contract can implement the optimal menu. The return price insures consumers against misfit, and the selling price extracts full surplus. This finding aligns with the widespread ad...
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作者:Ghosh, Vashkar; Paul, Anand; Zhang, Na; Zhu, Lingjiong
作者单位:University of North Carolina; University of North Carolina Greensboro; State University System of Florida; University of Florida; Wichita State University; State University System of Florida; Florida State University
摘要:In the last decade and recently, a wide range of industries and organizations have been subject to IT-related security threats and cybersecurity breaches of varying degrees of severity at an alarming rate. A common practice adopted by organizations to ensure system and network security is to conduct regular audits and assessments. This paper takes on an organizational strategy perspective to analytically model the cost impact of random breaches in various types of networks subject to different...
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作者:Li, Dongni; Stecke, Kathryn E.; Yin, Yong; Fang, Kan; Jin, Hongbo; Kaku, Ikou
作者单位:Beijing Institute of Technology; University of Texas System; University of Texas Dallas; Doshisha University; Tianjin University; Tianjin University; Tokyo City University
摘要:Seru production systems have demonstrated excellent rapid response capabilities in both stable and uncertain environments. This study reveals that when compared to the Toyota Production System, the seru production method improves rapid response capabilities by 20% and 50% in stable and uncertain environments, respectively. The underlying reasons for this improvement were unclear, so this became a focus of this paper. Static and dynamic Just-In-Time Organization Systems are used to investigate ...
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作者:Li, Tao; Wang, Chenhao; Wang, Yao; Tang, Shaojie; Chen, Ningyuan
作者单位:Xi'an Jiaotong University; Hong Kong University of Science & Technology; Tongji University; Xi'an Jiaotong University; State University of New York (SUNY) System; University at Buffalo, SUNY; University of Toronto
摘要:When a platform has limited inventory, it is important to have a variety of products available for each customer while managing the remaining stock. To maximize revenue over the long term, the assortment policy needs to take into account the complex purchasing behavior of customers whose arrival orders and preferences may be unknown. We propose a data-driven approach for dynamic assortment planning that utilizes historical customer arrivals and transaction data. To address the challenge of onl...
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作者:Lin, Hongyuan; Li, Xiaobo; Wu, Lixia
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; National University of Singapore
摘要:This paper proposes a framework for learning customer preferences and optimizing e-commerce assortments, focusing on intra-category multi-choice behavior, where customers buy multiple items within the same category. Unlike traditional discrete choice models (DCMs) that assume single-product purchases, e-commerce data show frequent intra-category multiproduct purchases, especially during promotions. To capture this, we introduce the multi-choice rank list model (MC-RLM), which accounts for both...
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作者:Yang, Yihang; Yu, Yimin; Wang, Qian; Liu, Junming
作者单位:Xi'an Jiaotong University; City University of Hong Kong; Lingnan University
摘要:We investigate the fleet repositioning problem aimed at dynamically optimizing vehicle distributions to maximize long-run average social welfare in a vehicle-sharing system. We model the problem as a Markov decision process under the ex ante committed decision scheme, characterizing the balanced myopic policy as optimal for the average reward setting. This policy efficiently aligns vehicle supply with trip demand and mitigates the curse of dimensionality, enhancing computational efficiency sig...
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作者:Liu, Zibo; You, Weijia; Tan, Yong
作者单位:Fudan University; Beijing Forestry University; Beijing Forestry University; University of Washington; University of Washington Seattle
摘要:The crowdfunding market has developed fast in recent years. However, the problem of information asymmetry is still an issue for both backers and fundraisers. Hence, crowdfunding platforms design various policies to reveal more project information to backers. This paper studies the impact of product sampling, a novel policy in the crowdfunding market, and provides suggestive evidence of the underlying mechanism. A product sampling campaign can be divided into three stages chronologically. In Ap...
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作者:Jain, Tarun; Hazra, Jishnu; Gopal, Ram
作者单位:Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; Indian Institute of Management (IIM System); Indian Institute of Management Bangalore; University of Warwick
摘要:Federal agencies use reverse auctions to procure cloud infrastructure services offered by major public cloud providers such as Amazon, Google, and Microsoft. Although recent research has examined operational issues in cloud computing, these papers have not analyzed the vendor base design decisions when these cloud capacity instances are procured through the reverse auction mechanism. Therefore, several important research questions are still unaddressed. For example, how should federal clients ...
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作者:Zou, Lili Wenli; Li, Mengxin; Yi, Cheng; Wang, Harry Jiannan
作者单位:The Chinese University of Hong Kong, Shenzhen; Tsinghua University; University of Delaware
摘要:The COVID-19 crisis has starkly highlighted the vulnerability of businesses and underscored the critical importance of organizational resilience. Firms across multiple sectors-particularly non-essential businesses-have suffered a heavy blow during the height of the pandemic. Guided by the resource dependence theory and using a proprietary and rich dataset from a leading online-to-offline platform for medical aesthetics services-a typical type of non-essential business-we find that the pandemic...