Production and Operations Management

最新文章

• The categorical paradoxes in the sharing economy: Empirical evidence from Airbnb AI翻译
  作者：Huang, Yuxin; Shen, Yi; Lai, Fujun; Luo, Xin (Robert)
  作者单位：Soochow University - China; University of Southern Mississippi; University of New Mexico
  摘要：Challenging conventional epistemological stances, we unravel two paradoxes of communication strategies in the emerging context of sharing economy. Specifically, the conformity-distinctiveness paradox asserts that differing from hotels improves hosts' economic performance, but such economic benefit diminishes when deviating from the norms in hospitality settings. The economic-social paradox propounds that positioning away from hotels improves social performance but may not result in optimal eco...
• A bane or a boon? Profit-margin-guarantee contract in a channel with downstream competition AI翻译
  作者：Zheng, Hong; Tian, Lin; Li, Guo
  作者单位：Beijing Institute of Technology; Beijing Institute of Technology; Fudan University; Beijing Institute of Technology
  摘要：In recent decades, manufacturers have relied on giant retailers or e-tailers to distribute their products. Given this evolution, some retailers have started demanding a profit-margin-guarantee contract (PMG contract), under which the manufacturer must ensure that the retailer's profit margin does not fall below a certain level (PMG rate). Conventional wisdom suggests that a PMG contract creates a life-or-death struggle for the manufacturer and that a retailer with a PMG contract can gain a com...
• On fairness and efficiency in nonprofit operations: Dynamic resource allocations AI翻译
  作者：Ma, Yuanzheng; Wang, Tong; Zheng, Huan
  作者单位：Shanghai Jiao Tong University; Shanghai Jiao Tong University
  摘要：We study a sequential resource allocation problem balancing fairness and efficiency for nonprofit operations. (Un)fairness is measured by the expected maximum demand shortfall among all communities, and (in)efficiency is measured by the expected remaining resources after allocation. We characterize the optimal allocation policy as a two-threshold policy in which the optimal allocation quantities are spoon-shaped in terms of the current maximum demand shortfall. We further show that the thresho...
• Predicting transaction outcomes under customized pricing with discretion: A structural estimation approach AI翻译
  作者：Kadiyala, Bharadwaj; Phillips, Robert; Simsek, A. Serdar; van Ryzin, Garrett
  作者单位：Utah System of Higher Education; University of Utah; University of Texas System; University of Texas Dallas; Amazon.com; Columbia University; University of Texas System; University of Texas Dallas
  摘要：We consider a firm selling heterogeneous products with prices customized for each customer and the final price is set by negotiations between the seller and the customer. This type of pricing modality is referred to as customized pricing with discretion and is commonly used in insurance, consumer loans, mortgages, and many business-to-business markets. We assume that each sales agent has a reserve price and each customer has a willingness-to-pay, which are jointly drawn from a distribution and...
• Care coordination for healthcare referrals under a shared-savings program AI翻译
  作者：Bravo, Fernanda; Levi, Retsef; Perakis, Georgia; Romero, Gonzalo
  作者单位：University of California System; University of California Los Angeles; Massachusetts Institute of Technology (MIT); University of Toronto
  摘要：Accountable care organizations (ACOs) are responsible for the quality and cost of care of specified patient populations, including the cost of referrals. Motivated by this environment, we study care coordination for healthcare referrals. We consider an ACO that refers an uncertain number of patients from its attributed population to a preferred external provider for specialized health services. ACOs are typically paid under the Medicare Shared Savings Program (MSSP). Under the MSSP, the payer ...
• Consumer self-design and brand competition AI翻译
  作者：Gu, Zheyin (Jane); Tayi, Giri K.
  作者单位：University of Connecticut; State University of New York (SUNY) System; University at Albany, SUNY
  摘要：We examine competing brands' incentive to offer a self-designable package that consumers can modify to ensure fit, in addition to offering a standard, pre-configured product. While amateurs with low self-design capability prefer a standard, pre-configured product and can have strong preference for a particular brand, experts with high self-design capability prefer a self-designable package and tend to be indifferent between competing brands. First, we find that asymmetric equilibrium can arise...
• Co-opetition strategies in supply chains with strategic customers AI翻译
  作者：Yang, Weizhe; Wu, Yaozhong; Gou, Qinglong; Zhang, Wen
  作者单位：Chinese Academy of Sciences; University of Science & Technology of China, CAS; National University of Singapore; Jiangnan University
  摘要：We study the co-opetition strategy between a manufacturer of a proprietary component (MPC) and an original equipment manufacturer (OEM). The MPC can choose to supply components to the OEM and can also compete in the end market with its own final product. Customers can purchase from either firm and are strategic in that they choose whether to buy now or later. In a two-period game theoretical model, we analyze the MPC's optimal co-opetition strategy, which mainly concerns whether to sell to the...
• Incentivizing at-risk production capacity building for COVID-19 vaccines AI翻译
  作者：Sun, Hongmei; Toyasaki, Fuminori; Sigala, Ioanna Falagara
  作者单位：York University - Canada; Hanken School of Economics
  摘要：Our study analyzes capacity management for promising vaccine candidates before regulatory approval (i.e., at-risk capacity building) in the presence of production outsourcing and different operational challenges: misaligned interests, possible ex post negotiations, asymmetric information between developers and manufacturers, and government involvement. We develop analytical models to compare two vaccine production modes: (1) the integrated mode (a single company determines the at-risk capacity...
• Optimal capacity sizing of park-and-ride lots with information-aware commuters AI翻译
  作者：Wang, Xinchang; He, Qie
  作者单位：Washington State University; University of Minnesota System; University of Minnesota Twin Cities
  摘要：We study capacity sizing of park-and-ride lots that offer services to commuters sensitive to congestion and parking availability information. The goal is to determine parking lot capacities that maximize the total social welfare for commuters whose parking lot choices are predicted using the multinomial logit model. We formulate the problem as a nonconvex nonlinear program that involves a lower and an upper bound on each lot's capacity, and a fixed-point constraint reflecting the effects of pa...
• Differential pricing in social networks with strategic consumers AI翻译
  作者：Zheng, Rui; Shou, Biying; Chen, Yingju
  作者单位：Wuhan University of Technology; Wuhan University of Technology; City University of Hong Kong; Hong Kong University of Science & Technology
  摘要：This study analyzes a monopolistic seller's optimal differential pricing problem with strategic consumers connected in social networks. The consumers who purchase in the later period can get positive externalities from their friends who purchased in the early period but have to bear a utility discount for the delayed consumption. We first characterize consumers' strategic purchase decisions under general network structures. We then derive the optimal differential pricing strategies and demonst...