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作者:Dong, Lingxiu; Xiao, Guang; Yang, Nan
作者单位:Washington University (WUSTL); Hong Kong Polytechnic University; University of Miami
摘要:Supply diversification and pricing are two common mechanisms for dealing with supply yield uncertainty. This paper characterizes a firm's pricing and sourcing decisions under supply yield uncertainty, and studies the interplay between the two mechanisms. We compare the optimal sourcing decisions under two distinct pricing schemes: (1) ex ante pricing-the firm simultaneously makes the sales price and sourcing decisions before production takes place; (2) responsive pricing-the pricing decision i...
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作者:Kirshner, Samuel N.; Moritz, Brent B.
作者单位:University of New South Wales Sydney; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Determining inventory ahead of knowing customer demand is a crucial decision for many businesses. Although it is possible to select the ideal order quantity given the costs of over and undersupplying demand, prior research demonstrates that decision-makers consistently make suboptimal inventory choices. Drawing on construal level theory and psychological distance, this paper explores how differences in the spatial distance (suppliers that are geographically near or far) and temporal distance (...
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作者:Liao, Chen-Nan; Chen, Ying-Ju; Chen, Vincent (Pei-Ming)
作者单位:National Taiwan University; Hong Kong University of Science & Technology; University of California System; University of California Berkeley; National Taiwan University
摘要:Medical rumors have become a threat to modern society. To study the spread and control of rumors, nonlinear differential equations modeling with the well-mixed assumption is commonly used. However, this approach ignores the underlying network structure which plays an important role in information spreading. We establish a generalized differential equations model to study the spread and control of medical rumors in a highly asymmetric social network. In our model, each node represents a group o...
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作者:Wang, Yang; Luo, Xueming; Lin, Zhijie
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; Tsinghua University; Tsinghua University
摘要:Customers of two-sided platforms may succumb to choice overload due to the frequently overwhelming assortment in such markets. We investigate the effect of assortment size on consumers' purchase probability using a unique click-stream dataset from a large peer-to-peer meal delivery platform. To resolve the key endogeneity challenge that assortment size may be larger in areas where consumers experience greater utility from purchase, we introduce a novel causal inference strategy that exploits a...
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作者:Zhao, Xia; Huang, Lu; Wang, Lei; Yazdani, Elham; Zhang, Cheng
作者单位:University System of Georgia; University of Georgia; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park; Fudan University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:Understanding consumers' engagement and subsequent content consumption behavior in the mobile context is critical to mobile app providers. In this paper, we develop a Hidden Markov Model (HMM) to capture the dynamics of users' engagement states and consumption decisions on the number of books/chapters read and the amount of money spent. Our method allows us to simultaneously capture three interdependent usage behaviors using a single integrated model and identify the impact of content loading ...
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作者:Hall, Nicholas G.; Liu, Zhixin
作者单位:University System of Ohio; Ohio State University; University of Michigan System; University of Michigan Dearborn
摘要:The study of time-inconsistent decision-making, in particular present bias, has greatly influenced the field of behavioral economics over the last two decades. Moreover, it has resulted in the design and implementation of widely used incentive schemes for various important applications. However, the effect of present bias on decision-making for operational problems has been studied less. This work considers the effect of present bias in a simple scheduling system that requires decisions about ...
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作者:Cheng, Stephanie; Lin, Pengkai; Tan (Ricky), Yinliang; Zhang, Yuchen
作者单位:Tulane University; Singapore Management University; University of Houston System; University of Houston
摘要:The past three decades have witnessed a tremendous shift in public health policies toward marijuana legalization in the United States. Adopting the process-based view of innovation, we hypothesize that marijuana's increased use and related consequences after its legalization affect innovators' behavior and social environment during the innovation process, which in turn impacts regional innovation. Utilizing the staggered adoption of medical marijuana laws (MMLs) by 20 states between 1996 and 2...
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作者:Ambulkar, Saurabh; Arunachalam, S.; Bommaraju, Raghu; Ramaswami, Sridhar
作者单位:University of Texas System; University of Texas Arlington; Texas Tech University System; Texas Tech University; Indian School of Business (ISB); Iowa State University
摘要:Endowed with significant firm-specific knowledge, inside directors can contribute to the decision-making processes of the boardroom. However, regulatory changes, focusing primarily on the monitoring function of the boards, have driven inside directors out of the boardroom. This article argues that suppliers with firm- and industry-specific knowledge are uniquely positioned to fill a critical void in boardrooms. It also suggests that the value of having a supplier on the board (SOTB) is influen...
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作者:Awaysheh, Amrou; Bonet, Rocio; Ortega, Jaime
作者单位:Indiana University System; Indiana University Indianapolis; IU Kelley School of Business; IE University; Universidad Carlos III de Madrid
摘要:We theorize that employees use the performance feedback they receive to reassess their beliefs about the marginal benefit of their effort, which may lead them to increase or reduce their effort. To test our model, we conduct a field experiment at the distribution center of a Fortune 500 firm where employees receive individual performance pay, and we study two types of feedback, individual and relative. The results show that employees react to feedback content in a way that is consistent with t...
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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...