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作者:Young, Gary J.; Zepeda, E. David; Flaherty, Stephen; Hasan, Md Mahmudul
作者单位:Northeastern University; Northeastern University; Northeastern University; Boston University; State University System of Florida; University of Florida; State University System of Florida; University of Florida; State University System of Florida; University of Florida; Northeastern University
摘要:Much interest exists in physicians' ability and willingness to adapt their practice styles, as research demonstrates that many physicians practice in ways that are not aligned with the best available scientific evidence. We exploit migration patterns of primary care physicians in Massachusetts over a span of 8 years by tracking physician migrations to practice sites comprised of new peers who shared actual physical working space. We examined whether a patient's likelihood of receiving an inapp...
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作者:Hertzel, Michael; Peng, Jie; Wu, Jing; Zhang, Yu
作者单位:Arizona State University; Arizona State University-Tempe; Tongji University; Chinese University of Hong Kong; Peking University; Tongji University
摘要:This paper provides evidence that the formation of global supply chain partnerships leads to an increased usage of cross-border financing. The findings are detected in all three major financing markets-equities, syndicated loans, and public debt. Difference-in-differences tests allow us to draw a causal interpretation of our main findings, which also holds in several robustness tests. Our findings suggest that increased cross-border financing reflects greater ability to access global financial...
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作者:Yi, Cheng; Jiang, Zhenhui (Jack); Zhou, Mi
作者单位:Tsinghua University; University of Hong Kong; University of British Columbia
摘要:Online retailers employ various kinds of social and marketing information cues to influence consumers' product interest and purchases. This study focuses on the effects of two types of information cues, product popularity and time restriction on product promotions, on consumers' product approach behavior. It takes a unique perspective by examining how such effects change as consumers' shopping goals become more concrete. The results of a field experiment and a laboratory experiment show that p...
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作者:Chung, Sunghun; Kim, Keongtae; Lee, Chul Ho; Oh, Wonseok
作者单位:George Washington University; Chinese University of Hong Kong; Korea Advanced Institute of Science & Technology (KAIST); Korea Advanced Institute of Science & Technology (KAIST)
摘要:Online peer-to-peer (P2P) lending has emerged as an innovative financial technology (FinTech) platform that renders financial services that are potentially more inclusive and affordable than those offered by traditional financial institutions. A similar purpose is served by cryptocurrency markets, where transaction costs are reduced and financial accessibility is improved based on disruptive technologies such as blockchain and distributed ledgers. Despite these developments, however, in the op...
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作者:Huh, Woonghee T.; Li, Hongmin
作者单位:University of British Columbia; Arizona State University; Arizona State University-Tempe; University of British Columbia
摘要:In many settings, consumer surplus directly impacts a firm or organization's objective, and the profit-only objective becomes inadequate. Our paper is the first to consider the dual objective of profit and consumer surplus in multi-product pricing under the multinomial logit demand, where the prices are continuously set. We define a firm's marginal consumer surplus as its marginal contribution to the expected customer utility transformed into monetary unit. Although the profit is concave in th...
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作者:Clarkson, Jake; Voelkel, Michael A.; Sachs, Anna-Lena; Thonemann, Ulrich W.
作者单位:Universite Cote d'Azur; University of Cologne; Lancaster University; Lancaster University
摘要:A retailer places orders periodically for items that are shipped by a wholesaler. Items that are not sold perish randomly and independently of one another, with the perish probability depending on the age class. We consider a first-in-first-out policy for depleting items. We model this problem as a Markov decision process with stochastic demand, unit holding, outdating and ordering costs, plus unit penalty costs for lost sales. We prove convexity for the penultimate period and show convexity m...
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作者:Gangwar, Manish; Bhargava, Hemant K.
作者单位:Indian School of Business (ISB); University of California System; University of California Davis
摘要:Many firms are adopting an everything or anything as a service-XaaS-model to sell goods and value-added services. Buyers for such goods are heterogeneous both in the number of units they desire and the valuations for each unit. Suppliers designing such revenue models can offer either a usage-based per-unit fee or an access-based per-period fee, often combining them both as a nonlinear two-part tariff plan that imposes both types of fees on all buyers or let buyers self-select from a menu of pe...
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作者:Dong, Chang; Lei, Yong; Liu, Qian
作者单位:Durham University; Southwestern University of Finance & Economics - China; Hong Kong University of Science & Technology
摘要:For generation products characterized by frequent releases of new versions, when a new version is introduced to the market, the current version usually still has a remaining useful life. This creates a challenge for a firm to manage used product collection and upgraded product introductions at the same time, especially with the presence of a secondary market. This paper develops an analytical model to study the design and evaluation of two widely adopted collection policies for used products. ...
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作者:Limon, Yasemin; Tang, Christopher S.; Tanrisever, Fehmi
作者单位:Ihsan Dogramaci Bilkent University; University of California System; University of California Los Angeles
摘要:Should a firm begin its production even before its new product is approved? In a competitive market with time-sensitive consumers, a firm may choose to adopt the concurrent process by conducting the approval process and the production process in parallel so that the product will become available for sale once approved. However, to avoid incurring upfront (production related) investments that are nonrecoverable should the product fail to receive approval, a firm may opt for the sequential proce...
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作者:Li, Yiming; Li, Gang; Pan, Xiajun Amy
作者单位:Xi'an Jiaotong University; Xidian University; State University System of Florida; University of Florida; Xi'an Jiaotong University
摘要:We study return shipping insurance (RSI) policies prevalent on platforms such as JD.com and Taobao.com. Retailers on those platforms can purchase and provide RSI for consumers (RRSI) or offer an option for consumers to buy RSI themselves (CRSI). With either RSI, consumers will be partially compensated by an insurer for their shipping fees associated with product returns. As the consumers' uncertainty about product fit is realized only after purchase, their decisions whether to purchase CRSI ma...