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作者:Li, H. Alice; Wan, Xiang
作者单位:University System of Ohio; Ohio State University; University System of Ohio; Ohio State University
摘要:Disputes between retailers and manufacturers often result in the retailer delisting the manufacturer's products, which dramatically alters competition in the retail market. When rival products are temporarily delisted, the products remaining on retail shelves are expected to gain sales due to substitution. However, it is unclear how much sales gain of remaining products can be expected, how long the sales gain persists after the rival products are relisted, whether the sales gain varies in dif...
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作者:Zhou, Junjie; Liao, Chen-Nan; Chen, Ying-Ju
作者单位:Tsinghua University; National Taiwan University; Hong Kong University of Science & Technology
摘要:We study the optimal selling scheme when a seller sells a product/service with a positive consumption externality, and customers are uncertain about the product's/service's value. Because early adopters learn this value, we consider the customers' intrinsic signaling incentives and positive feedback effects. Allowing the seller to choose the sequence of customers' decisions (as an endogenous hierarchy) implies that signaling takes place in multiple rounds. To tackle this hierarchical signaling...
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作者:Liang, Peng; Cavusoglu, Hasan; Hu, Nan
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of British Columbia; Singapore Management University; Singapore Management University
摘要:This paper investigates how managers in the upstream firm (i.e., supplier) adjust their allocations of cost resources in response to managerial expectations of the downstream firms (i.e., customers) on the future demand and prospects. We conduct an empirical analysis to examine the impact of the tone of customers' forward-looking disclosures (FLDs) contained in the Management Discussion and Analysis section of 10-K filings on suppliers' asymmetric cost behaviors, characterizing costs decreasin...
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作者:Kim, Alex Jiyoung; Balachander, Subramanian
作者单位:Sungkyunkwan University (SKKU); University of California System; University of California Riverside
摘要:Researchers in the marketing and operations management literature have investigated the issue of making optimal media planning decisions for advertising. Brand marketers have recently begun using online intent advertising (OIA), which is online advertising such as search or display advertising targeted at consumer intent, for brand building. Unlike traditional media advertising, OIA is sold through an auction of indicators of consumer intent such as keyword phrases. This practice raises questi...
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作者:Kim, Sangjo; Feng, Youyi; Xu, Jianjun
作者单位:Shanghai University of Finance & Economics; Dongbei University of Finance & Economics; Dongbei University of Finance & Economics
摘要:Our research investigates a joint inventory replenishment and pricing problem, where a seller controls the price of a leading product while restocking for all the products. We demonstrate that the seller's expected value functions present an L-(sic)-concave structure, recommending an optimal order-up-to inventory-level and list-price policy. Our findings reveal divergent economic relationships between products from the seller's and customer's perspectives, suggesting managers broaden their str...
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作者:Sun, Qiuzhuang; Chen, Piao; Wang, Xin; Ye, Zhi-Sheng
作者单位:University of Sydney; Zhejiang University; Shanghai Jiao Tong University; Shanghai Jiao Tong University; National University of Singapore; Zhejiang University
摘要:We study the robust production and maintenance control for a production system subject to degradation. A periodic maintenance scheme is considered, and the system production rate can be dynamically adjusted before maintenance, serving as a proactive way of degradation management. Optimal control of the degradation rate aims to strike a balance between the risk of failure and the production profit. We first consider the scenario in which the degradation rate increases linearly with the producti...
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作者:Feng, Qi; Shanthikumar, J. George
作者单位:Purdue University System; Purdue University; Purdue University System; Purdue University
摘要:This paper introduces the general philosophy of the Operational Data Analytics (ODA) framework for data-based decision modeling. The fundamental development of this framework lies in establishing the direct mapping from data to decision by identifying the appropriate class of operational statistics. The efficient decision making relies on a careful balance between data integration and decision validation. Through a canonical decision making problem under uncertainty, we show that the existing ...
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作者:Aydinliyim, Tolga; Cil, Eren B.; Murthy, Nagesh N.
作者单位:City University of New York (CUNY) System; Baruch College (CUNY); University of Oregon; City University of New York (CUNY) System; Baruch College (CUNY)
摘要:Motivated by interactions with a major player in the aerospace industry, we consider the relationship between a supplier of specialty material forgings and a buyer that manufactures airplane components by extensively machining down these forgings as per component design specifications. Due to high material removal costs, the buyer prefers these forgings to be as similar in geometry and size to the component as possible, that is, near-net-shape. The supplier, by default, is unable to deliver su...
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作者:Hu, Shu; Wei, Mike Mingcheng; Cui, Shiliang
作者单位:Southwest Jiaotong University; State University of New York (SUNY) System; University at Buffalo, SUNY; Georgetown University; Georgetown University
摘要:In this paper, we study how provision of product information and/or market information affects buyers' and sellers' behavior and the resultant sales in an online marketplace. We first identify the Pareto-dominant equilibrium for the sellers' pricing decisions. Then, we study the impact of market parameters on the sales of the platform in equilibrium, under various information structures. We find that the platform's sales increase with the size of potential buyers but change nonmonotonically wi...
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作者:Geda, Avinash; Pu, Jingchuan; Qiu, Liangfei
作者单位:University of North Carolina; University of North Carolina Wilmington; State University System of Florida; University of Florida; University of North Carolina; University of North Carolina Wilmington
摘要:Online arbitrage, a recent trend on e-commerce platforms, occurs when a firm (the arbitrage firm) copies the product description of another firm (the designer firm, who is the original seller of the product) and sells the product at a marked-up price on a different platform from the designer firm. Once receiving a consumer's order, the arbitrage firm creates an order at the designer firm with a fake account and the consumer's shipping information. In this process, the designer firms fulfill al...