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作者：Wang, Shixin; Wang, Xuan; Zhang, Jiawei
作者单位：New York University; Hong Kong University of Science & Technology
摘要：One effective means to hedge against uncertainty and better match supply with demand in a swiftly changing environment is to adopt a flexible operations strategy that allows timely response to realized demand. The notion of flexible processes and operations has led to significant impact on the performance of many manufacturing and service applications. However, investing a fully flexible system is usually prohibitively expensive with overwhelming implementation complexity and overhead. As a re...
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作者：Sudermann-Merx, Nathan; Rebennack, Steffen; Timpe, Christian
作者单位：BASF; Helmholtz Association; Karlsruhe Institute of Technology; BASF
摘要：We present a new crossing number problem, which we refer to as the edge-constrained weighted two-layer crossing number problem (ECW2CN). The ECW2CN arises in layout planning of hose coupling stations at BASF, where the challenge is to find a crossing minimal assignment of tube-connected units to given positions on two opposing layers. This allows the use of robots in an effort to reduce the probability of operational disruptions and to increase human safety. Physical limitations imply maximal ...
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作者：Xiao, Shengsheng; Ho, Yi-Chun (Chad); Che, Hai
作者单位：Shanghai University of Finance & Economics; George Washington University
摘要：In online crowdfunding markets, backers face high uncertainty about the quality of a campaign. To mitigate such uncertainty, crowdfunding platforms often allow campaign creators to post communicative messages-that is, campaign updates and creator comments-to dynamically disclose further information about the campaigns. In addition, previous funding transactions of ongoing campaigns are made publicly available, giving rise to herding among backers. In this research, we aim to understand how com...
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作者：Tang, Qian; Lin, Mei; Kim, Youngsoo
作者单位：Singapore Management University; Texas Tech University System; Texas Tech University
摘要：This study empirically examines the effect of offline store entry on a competing online retailer in the footwear industry and investigates how this effect depends on the relative product assortment and price between the offline store and the online retailer. Using transaction data from a large online footwear retailer and offline store entry data from 19 major shoe retail chains and 3 department store chains, we quantify the entry effect of offline stores. Categorizing offline stores by assort...
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作者：Wang, Ningning; Li, Zhuoxin
作者单位：China University of Petroleum; Boston College
摘要：The development of e-commerce has greatly facilitated the practice that suppliers encroach upon the retail realm of downstream retailers through direct channels (e.g., online stores). The literature in this area has investigated profit-maximizing firms, but the role of other organizational structures is not well understood. This study studies supplier encroachment in which the retailer is a dual-purpose corporation that pursues his own profit as well as consumer surplus. We find that the retai...
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作者：Ghamat, Salar; Zaric, Gregory S.; Pun, Hubert
作者单位：Wilfrid Laurier University; Western University (University of Western Ontario)
摘要：We study gain-sharing agreements in a target price-minimum quality payment system. Our work is inspired by the Centers for Medicare and Medicaid Services' (CMS) Comprehensive Care for Joint Replacement (CJR) bundled payment model. In our model, patients receive care from a hospital and a post-acute care provider. A third-party payer establishes target levels for total billing by the hospital and provider, and a target on the overall quality of care. The hospital and provider receive fee-for-se...
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作者：Ayvaz-cavdaroglu, Nur; Kazaz, Burak; Webster, Scott
作者单位：Kadir Has University; Syracuse University; Arizona State University; Arizona State University-Tempe
摘要：We consider a for-profit cooperative that sets a quality-based payment to its risk-averse farmers in order to incentivize them to invest in quality improvements. The quality of the farmer's harvest is affected by his investments during the growing season. To satisfy both the farmer and the cooperative, the payment must be competitive with the open-market prices. Cooperatives often set payments that mimic the open-market prices; however, this practice fails to incentivize farmers to invest in q...
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作者：Yin, Qianbo; Huang, Kwei-Long; Kuo, Chia-Wei; Zhou, Sean X.
作者单位：Shanghai University of Finance & Economics; National Taiwan University; National Taiwan University; Chinese University of Hong Kong
摘要：We consider add-on pricing in a distribution channel where a retailer sells a base good and an add-on, supplied by two manufacturers, respectively, to consumers. The retailer decides whether to sell the two products through either bundling or add-on pricing and sets the corresponding retail prices. Under add-on pricing, the add-on price is unobservable to consumers when they make the purchase decision of the base good. Each manufacturer, if independent of the retailer, sets the wholesale price...
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作者：Liao, Chen-Nan; Chen, Ying-Ju
作者单位：National Taiwan University; Hong Kong University of Science & Technology; Hong Kong University of Science & Technology
摘要：Noncommunicable diseases (NCDs) are among the largest health emergencies nowadays. Although a large proportion of NCDs can be prevented effectively via good life habits, these remain ubiquitous and one main reason is people's self-control problem caused by time-inconsistent, present-biased preferences. In this situation, we wonder whether a long-term conditional cash transfer (CCT) program, which is known to be effective in shaping people's behaviors but expensive, can be a viable solution. We...
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作者：Li, Guo; Li, Na; Sethi, Suresh P.
作者单位：Beijing Institute of Technology; Beijing Institute of Technology; University of Texas System; University of Texas Dallas
摘要：In the context of Industry 4.0, corporate social responsibility (CSR) plays an increasingly important role in firm risk management. To mitigate risk and improve operational productivity, artificial intelligence (AI), a key disruptive technology, has been increasingly employed in many industries. In this study, we examine the relationship between CSR and idiosyncratic risk (IR) as moderated by AI innovation and operational efficiency based on data from 1614 firms in China during the period from...
