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作者:Qian, Xiaoyan; Zhou, Quan; Olsen, Tava Lennon
作者单位:University of Melbourne; University of Wollongong; University of Melbourne
摘要:Equity investment in agricultural cooperatives (co-ops) is typically limited to farmer-members; yet farmers are usually cash-constrained. In addition to the common stock that is held by farmer-members, many co-ops are changing their financial structure by raising equity from external investors. This helps co-ops to collect capital, but also brings to the fore the conflicting benefits of farmers and external investors. In this paper, we develop a two-stage game-theoretic model to examine a star...
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作者:Ke, Zhihong; Liu, De; Brass, Daniel J.
作者单位:Clemson University; University of Minnesota System; University of Minnesota Twin Cities; University of Kentucky
摘要:Firms are increasingly relying on electronic word-of-mouth (eWOM), in the form of online reviews and social media posts, to sell their products or services. A pivotal component of managing eWOM is to understand and, potentially influence, how one consumer's eWOM can lead to another's-a process called behavioral cascading. While prior eWOM research has established the importance of behavioral cascading between connected users, there is little understanding of what factors could impact the likel...
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作者:Metters, Richard; Ketzenberg, Michael; Abbey, James
作者单位:Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要:This study investigates the determinants of salary for operations management scholars. Is it as some opine that the only thing that matters is the publication count in A journals? How do the full range of activities: research, teaching, service, and administration, affect salary? The present research seeks to shed light on these questions and is predicated on a data set that consists of the research, teaching, and service outcomes, along with salary, for a full census of operations management ...
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作者:Feng, Zhichao; Li, Ang; Walczak, Darius; Cakanyildirim, Metin
作者单位:Hong Kong Polytechnic University; Ant Group; University of Texas System; University of Texas Dallas
摘要:It is a common practice that business and economy compartments share the seating capacity of a short or medium-haul European flight, with the middle seats in the business compartment kept vacant to enhance comfort and privacy for business passengers. The two compartments are separated by a movable curtain whose position determines the capacity allocated to each compartment. By postponing the decision on curtain position until departure, airlines gain extra flexibility in their capacity allocat...
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作者:Cheng, Hua; Qi, Shusen; Qiu, Liangfei
作者单位:Nankai University; University of Texas System; University of Texas Austin; Xiamen University; State University System of Florida; University of Florida
摘要:Theoretical and empirical evidence point to the ability of political leaders to manipulate economic policies and leverage local firms to elevate their political careers. Despite this, there is limited understanding of how these career incentives impact the operational dynamics of the firms involved. This empirical study delves into this gap, revealing that city leaders with fewer promotional incentives are more inclined to mobilize state-owned enterprises (SOEs) within their jurisdiction to pu...
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作者:Zhou, Zhijin; Liu, Ye; Ma, Chaoliang; Tan, Yong
作者单位:University of Washington; University of Washington Seattle
摘要:Fundraisers on reward-based crowdfunding platforms have increasingly sought to base their promotional strategy on the principle of scarcity. Although previous studies find that using a limited-edition inventory contributes to the success of campaigns, it remains unknown how fundraisers should leverage a scarcity strategy in the upfront design of reward options. Using a unique dynamic panel dataset from a leading reward-based crowdfunding platform, we develop a hierarchical Bayesian model to ca...
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作者:Ma, Buqing; Li, Guang; Kong, Guangwen
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Queens University - Canada; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:Consumer information sharing is considered an effective strategy to attract consumers, yet certain high-end retailers, such as Bergdorf Goodman and Farfetch, tend to hinder consumers from sharing information through online reviews. We study a retailer's strategy for consumer information sharing in a supply chain. We find that a retailer's information sharing strategy can prevent manufacturers from extracting excessive profit when consumers are heterogeneous in their valuations of the selling p...
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作者:Qiu, Buhui; Xu, Fangming; Yeung, Andy C. L.; Zeng, Cheng (Colin)
作者单位:University of Sydney; University of Bristol; Hong Kong Polytechnic University
摘要:Although risk management is widely regarded as an important topic within supply chain (SC) management, little research studies the contagious effect of risk factors along SC networks. By using stock price crashes as an indicator of risk factors, our study reveals that stock price crash risk can be transmitted from major customers to suppliers with a delay of up to two weeks. We show that the information opacity of suppliers is a factor that potentially contributes to the delayed crash contagio...
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作者:Hu, Junming; Xue, Weili; Yang, Yi
作者单位:Zhejiang University; Southeast University - China
摘要:Inspired by emerging financing techniques that offer additional financing options for entrepreneurs, we establish a stylized model to compare two prevalent crowdfunding strategies: Reward-based crowdfunding and Initial Coin Offerings (ICOs). First, we highlight that the fundamental difference between reward-based crowdfunding and ICO lies in the distinct types of price distortion, resulting in different agency costs. Specifically, compared to the first-best benchmark, reward-based crowdfunding...
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作者:Wan, Xiang; Li, H. Alice
作者单位:University System of Ohio; Ohio State University
摘要:This article studies the impact of a competing firm's substantial expansion in product variety, achieved through modularity and delayed differentiation, on the sales and inventory of the focal firm in the market. Intuitively, the firm's sales are expected to decrease when a competitor increases its product variety, as existing consumers are drawn to the greater range of competing products, resulting in a substitution effect. However, we also emphasize a simultaneous spillover effect, where the...