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作者:Vossen, Thomas W. M.; Zhang, Dan
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作者:Andritsos, Dimitrios A.; Aflaki, Sam
作者单位:Hautes Etudes Commerciales (HEC) Paris
摘要:We examine the effect of a hospital's objective (i.e., non-profit vs. for-profit) in hospital markets for elective care. Using game-theoretic analysis and queueing models to capture the operational performance of hospitals, we compare the equilibrium behavior of three market settings in terms of such criteria as waiting times and patient costs from waiting and hospital payments. In the first setting, a monopoly, patients are served exclusively by a single non-profit hospital; in the second, a ...
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作者:Karmarkar, Uday S.; Kim, Kihoon; Rhim, Hosun
作者单位:University of California System; University of California Los Angeles; Korea University
摘要:All major world economies are exhibiting a shift from products to services in terms of relative share of GNP and employment. A well accepted explanation for this shift to services has been the lower productivity growth in services relative to manufacturing. A second trend visible in the United States and other advanced economies is that from material-intensive to information-intensive sectors with the latter growing relative to the former. There does not seem to be a generally accepted explana...
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作者:Mak, Vincent; Gisches, Eyran J.; Rapoport, Amnon
作者单位:University of Cambridge; University of Arizona; University of California System; University of California Riverside
摘要:We report the results of an experimental study of route choice in congestible networks with a common origin and common destination. In one condition, in each round of play network users independently committed themselves at the origin to a three-segment route; in the other condition, they chose route segments sequentially at each network junction upon receiving en route information. At the end of each round, players received ex-post complete information about the distribution of the route choi...
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作者:Gao, Fei; Chen, Jian
作者单位:University of Pennsylvania; Tsinghua University
摘要:Online discount voucher market In the discount voucher market, customers usually face two types of valuation uncertainty, namely, preference uncertainty and consumption state uncertainty. Preference uncertainty is related to the customer's lack of relevant experience with the merchant, whereas consumption state uncertainty is related to the advance selling nature of the discount voucher mechanism. By taking a comprehensive perspective (i.e., considering revenue management and promotion effect ...
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作者:Maglaras, Costis; Eren, Serkan
作者单位:Columbia University
摘要:We propose a tractable, data-driven demand estimation procedure based on the use of maximum entropy (ME) distributions, and apply it to a stochastic capacity control problem motivated from airline revenue management. Specifically, we study the two fare class Littlewood problem in a setting where the firm has access to only potentially censored sales observations; this is also known as the repeated newsvendor problem. We propose a heuristic that iteratively fits an ME distribution to all observ...
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作者:Ritzman, Larry P.
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作者:Wang, Jingqi; Shin, Hyoduk
作者单位:University of Hong Kong; University of California System; University of California San Diego
摘要:We consider a supply chain with an upstream supplier who invests in innovation and a downstream manufacturer who sells to consumers. We study the impact of supply chain contracts with endogenous upstream innovation, focusing on three different contract scenarios: (i) a wholesale price contract, (ii) a quality-dependent wholesale price contract, and (iii) a revenue-sharing contract. We confirm that the revenue-sharing contract can coordinate supply chain decisions including the innovation inves...
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作者:Cao, Qingning; Stecke, Kathryn E.; Zhang, Jun
作者单位:Chinese Academy of Sciences; University of Science & Technology of China, CAS; University of Texas System; University of Texas Dallas; Fudan University
摘要:A firm's two-product bundling decision is examined when the supply of one product is limited and consumer valuations are normally distSteckeributed. The firm can choose to sell products separately and/or through a bundle. We find that the impact of limited supply on a firm's bundling decision depends on the correlation between the consumer valuations of the two products as well as the symmetry level of the two products in terms of their attractiveness (how much they are valued by consumers). W...
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作者:Murali, Karthik; Lim, Michael K.; Petruzzi, Nicholas C.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign
摘要:We study a municipal groundwater management problem to determine optimal allocation and control policies in the presence of water transfer opportunities. We establish and characterize threshold polices governing export or import decisions of a given municipality. In the spirit of the Triple Bottom Line (3BL), we ascertain that exporting (importing) water through a water market defined by an exogenous export/import price is detrimental (beneficial) to both society and the environment within the...