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作者:Mehta, Sameer; Dawande, Milind; Janakiraman, Ganesh; Mookerjee, Vijay
作者单位:Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Texas System; University of Texas Dallas
摘要:The unprecedented rate at which data are being generated has led to the growth of data markets where valuable data sets are bought and sold. A salient feature of this market is that a data-buyer (agent) is endowed with multidimensional private information, namely, her ideal record that she values the most and how her valuation for a given record changes as its distance from her ideal record changes. Consequently, the revenue-maximization problem faced by a data-seller (principal), who serves m...
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作者:Cao, Qingning; Geng, Xianjun; Zhang, Jun
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; Tulane University; Amazon.com
摘要:This paper studies the impact of channel structure on an upstream manufacturer's bundling incentive, with a focus on the implications of channel structure for bundling digital goods. We consider a distribution channel with a manufacturer and a retailer. The manufacturer produces two products and sells them either separately or in the form of bundles to end consumers through a downstream retailer. Our analysis reveals that a manufacturer may have a stronger incentive to bundle when selling thro...
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作者:Ghosh, Vashkar; Paul, Anand; Zhu, Lingjiong
作者单位:University of North Carolina; University of North Carolina Greensboro; State University System of Florida; University of Florida; State University System of Florida; Florida State University
摘要:Efficient inventory management in the face of product variety is an important part of retail operations management. In this study, we analyze the optimal stocking policy for a retailer, in a setup with a single horizontally differentiated product with an arbitrary number of product variants, stochastic demand, and two-level consumer choice. The demands for individual product variants are negatively correlated conditional on the total demand. We assume that each customer will purchase one unit ...
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作者:Sethi, Suresh P.; Gupta, Sushil; Agrawal, Vipin K.; Agrawal, Vijay K.
作者单位:University of Texas System; University of Texas Dallas; State University System of Florida; Florida International University; University of Texas System; University of Texas at San Antonio; University of Nebraska System; University Nebraska Kearney
摘要:Operations management (OM) has evolved to its current status due to the contributions of researchers in many fields including economics, finance, behavioral sciences, operations research/management science, mathematics, statistics, and computer science. Many of these contributors are Nobel laureates-winners of the highest academic award. The Nobel Memorial Prize in Economic Sciences is awarded to those with monumental works in economics. Yet, some winners have also made contributions to operat...
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作者:Corbett, Charles J.; Narayanan, Sriram
作者单位:University of California System; University of California Los Angeles; Michigan State University; Michigan State University's Broad College of Business
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作者:Zhao, Wei; Liu, Qianqian Ben; Guo, Xitong; Wu, Tianshi; Kumar, Subodha
作者单位:Harbin Institute of Technology; City University of Hong Kong; Harbin Institute of Technology; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University
摘要:Recent years have seen robust growth in online medical consultation platforms. These platforms allow patients to access various healthcare services provided by doctors (e.g., health assessment, diagnosis, consultation, and supervision). In China, many such platforms allow patients to give small monetary gifts to doctors as an expression of gratitude. The implicit assumption is that expensive gifts influence doctors' medical service and generate conflicts of interest but small gifts do not. How...
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作者:Esenduran, Gokce; Gray, John, V; Tan, Burcu
作者单位:Purdue University System; Purdue University; University System of Ohio; Ohio State University; University of New Mexico
摘要:In this study, we employ system dynamics to study the combined effect of extended payment terms and a buyer's supply risk management practices on two outcomes: the supplier's bankruptcy risk and the buyer's financial bottom line. In conjunction with payment terms, we model the impact of two commonly recommended supply chain risk management (SCRM) practices: quick response to supply disruptions and use of a secondary (backup) source. Among other results, we uncover a feedback mechanism that con...
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作者:Pan, Yang; Qiu, Liangfei
作者单位:Tulane University; State University System of Florida; University of Florida
摘要:The new sharing economy model has introduced a dramatic, disruptive impact on the traditional industries by matching the demand and supply in real time. In this study, we examine how the entry of Uber, a ride-sharing services digital platform, brings new disruptive changes in public transportation operations. Significant debate has surrounded whether the new ride-sharing model siphoned riders from public transit or made public transit feasible for more riders, but no consensus has been reached...
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作者:Kumar, Subodha; Mallipeddi, Rakesh R.
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University System of Ohio; Ohio State University
摘要:The new age economy is primarily driven by Industry 4.0 and Industry 5.0, which facilitate smartification of organizations by helping them integrate and automate decision making. Recent advances in information and communication technologies, such as the cloud, big data, Internet of things, and artificial intelligence and nanotechnology, have accelerated the adoption of Industry 4.0 and Industry 5.0. Because of these advancements, organizations are now facing new challenges in the form of cyber...
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作者:Qiu, Liangfei; Liu, Ruiqi; Jin, Yong; Ding, Chao; Fan, Yangyang; Yeung, Andy C. L.
作者单位:State University System of Florida; University of Florida; Hong Kong Polytechnic University; University of Hong Kong; Hong Kong Polytechnic University
摘要:As one of the most important financial innovations in the last two decades, credit default swap (CDS) contracts have been initiated and actively traded in the market to hedge against credit risks. However, little is known about how these financial innovations affect an underlying firm's operations. In this empirical study, we find that an underlying firm's operational efficiency is significantly improved with the inception of CDS trading. Our results are robust to multiple causal identificatio...