Production and Operations Management

最新文章

• Beyond profits: Does mimicry lead to greater social good? AI翻译
  作者：Liu, Guowei; Sun, Jiong; Zhang, Jianxiong
  作者单位：Hainan University; Purdue University System; Purdue University; Tianjin University; Tianjin University
  摘要：This paper investigates how dual-purpose firms-organizations that pursue both profit and social objectives-strategically design their product lines in markets where traditional profit-maximizing firms may imitate their behavior. We find that consumer heterogeneity plays a nonmonotonic effect on the ability of dual-purpose firms to differentiate themselves from profit maximizers, which, in turn, influences firms' product offering strategies and consumer welfare. When consumer heterogeneity is m...
• Personalized pricing with consumers' quality uncertainty AI翻译
  作者：Chen, Guangzhi; Zou, Tianxin
  作者单位：State University System of Florida; University of Florida
  摘要：We examine a firm's personalized pricing (PP) strategies in markets where consumers are uncertain about product quality. In such markets, prices serve not only as a tool for price discrimination but also as a means of conveying quality information to consumers. We reveal that a firm faces a tradeoff between adopting PP to better price discriminate among consumers and not adopting it to signal its high quality. We find that a high-quality firm should adopt PP only when its product quality is kn...
• Pricing Strategies for Processing Intermediaries in Agri-chains with Side Markets: Paradox of Ex-Post Pricing Flexibility AI翻译
  作者：Kouvelis, Panos; Li, Jian; Xiao, Guang
  作者单位：Washington University (WUSTL); Northeastern Illinois University; Hong Kong Polytechnic University
  摘要：We study an agricultural supply chain in an emerging economy, where farmers make land allocation decisions among alternative crops and have the option to sell their harvest either in a side market or directly to a processing plant, and where a government-mandated minimum price guarantee (MPG) is in place. Our study examines a range of pricing strategies that the processing plant can employ to favor a protected crop and the utilization of the processing plant. We begin by considering the Benchm...
• Product Sharing: A Threat or an Opportunity for Competing Manufacturers? AI翻译
  作者：Li, Tao; Huang, Dali; He, Zhen
  作者单位：Santa Clara University; Tianjin University
  摘要：This paper studies the impact of product sharing on competing manufacturers under a platform's different quality entry barrier strategies. We build a game-theoretic analytical model to examine the strategies of two manufacturers: A high-quality manufacturer producing a high-quality product and a low-quality manufacturer producing a low-quality product. We explore three markets: The N-S market where the sharing market does not exist, the L-S market, and the H-S market, where the platform sets l...
• Don't Follow Reinforcement Learning Blindly: Lower Sample Complexity of Learning Optimal Inventory Control Policies with Fixed Ordering Cost AI翻译
  作者：Fan, Xiaoyu; Chen, Boxiao; Olsen, Tava; Qin, Hanzhang; Zhou, Zhengyuan
  作者单位：New York University; University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital; University of Melbourne; National University of Singapore
  摘要：We study the sample complexity of offline learning for a class of structured Markov decision processes (MDPs) describing the inventory control system with fixed ordering cost/setup cost, a fundamental problem in supply chains. We find that a naive plug-in sampling-based approach applied to the inventory MDPs leads to strictly lower sample complexity bounds compared to the optimal bounds recently obtained for the general MDPs. More specifically, in the infinite-horizon discounted cost setting, ...
• Global Sourcing for Supply Resilience in the Presence of Emergency Contract Renegotiation AI翻译
  作者：Niu, Baozhuang; Wang, Lingfeng; Xiao, Guang; Zhang, Nan
  作者单位：South China University of Technology; Hong Kong Polytechnic University
  摘要：In light of the recent frequency of global emergencies that result in overseas delivery delays and cost surges, many multinational brands consider reshaping their sourcing configurations by incorporating local suppliers that may be of lower quality than globally selected counterparts. In this global context, pre-committed emergency renegotiation clauses have gained recognition as a common practice in international commercial contracts, which enable contractual parties to adjust key terms, such...
• Old But Gold? Product Design Innovation and the Value of Used Products in Secondhand Markets AI翻译
  作者：Gu, Xian; Bu, Juan; Li, Krista J.
  作者单位：Indiana University System; IU Kelley School of Business; Indiana University Bloomington
  摘要：An important global trend today is the rise of the secondhand market powered by consumers' desire for sustainability and affordability, as well as a surge in the use of digital resale platforms. While marketing research has primarily focused on the success of new product markets, scant research has tried to understand secondhand markets. To advance knowledge in this area, we investigate how product design innovation affects the value of used products in secondhand markets. Specifically, we dev...
• Are Firms Voluntarily Disclosing Emissions Greener? AI翻译
  作者：Shi, Yilin; Tang, Christopher S.; Wu, Jing
  作者单位：Chinese University of Hong Kong; University of California System; University of California Los Angeles
  摘要：Do firms voluntarily disclosing emissions have lower levels of greenhouse gases in their in-house and outsourced operations? We examine this question using Scope 1 and upstream Scope 3 emission data reported by firms or estimated by S&P Trucost from 2002 to 2020. Our empirical results reveal that voluntary disclosing firms tend to have lower levels of internal emissions (i.e., Scope 1 emissions) and yet higher levels of external emissions from upstream suppliers (i.e., estimated upstream Scope...
• When Platforms Go Public, Standards Drop AI翻译
  作者：Lapierre-Berger, Guillaume; Cohen, Maxime C.; Puyana-Bastin, Juan
  作者单位：McGill University
  摘要：Peer-to-peer (P2P) platforms facilitate the direct exchange of goods, services, or financial transactions between individuals without the involvement of intermediaries. To maintain trust among their user bases, these platforms must implement stringent access controls to determine which users are eligible to participate in their digital marketplace. We argue that when a platform transitions from private to public ownership, it may be incentivized to strategically lower its access standards and ...
• Analyzing Professional Ethics of Physicians Using Online Patient Reviews: A Machine Learning Approach AI翻译
  作者：Wang, Kanix; Mai, Feng; Shan, Zhe; Zhang, Dawei (David); Peng, Xiaosong (David)
  作者单位：University System of Ohio; University of Cincinnati; University of Iowa; University System of Ohio; Miami University; Lehigh University
  摘要：The erosion of professional ethics in medicine has severe consequences for patients and society. Existing approaches often rely on retrospective analysis and lack the precision and timeliness needed to effectively identify and mitigate risks. Although patient online reviews offer a unique opportunity to proactively detect ethical issues by providing candid, unsolicited feedback on healthcare experiences, few studies have empirically established the link between patient reviews and ethical brea...