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作者:Liu, Baoshan; Guan, Xu; Wang, Yulan
作者单位:China University of Geosciences; Huazhong University of Science & Technology; Hong Kong Polytechnic University
摘要:In this study, we investigate the supplier's encroachment incentive when it distributes the product through multiple retailers. We show that the number of enrolled downstream retailers plays a pivotal role in determining the supplier's encroachment incentive and the channel members' performances. There exists a threshold value with respect to the number of downstream retailers, below which the bright side of supplier encroachment documented in the existing literature exists; that is, encroachm...
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作者:Hu, Kejia; Chopra, Sunil; Chen, Yuche
作者单位:Vanderbilt University; Northwestern University; University of South Carolina System; University of South Carolina Columbia
摘要:This study investigates how tightening standards can result in greater non-compliance, especially when market and regulatory interests are misaligned. We confirm a causal relationship that explains the highly publicized auto industry non-compliance phenomenon where on-road NOx emissions exceeded standards. Based on a 15-year on-road vehicle emissions dataset covering 148,837 vehicles from 42 automakers in the EU, we use regression discontinuity to identify the causal impact of standards tighte...
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作者:Li, Jialu; Li, Meng; Zhao, Xuan
作者单位:Shandong University of Finance & Economics; University of Houston System; University of Houston; Wilfrid Laurier University
摘要:This study investigates the impacts of transshipment between overconfident newsvendors who perceive the expected outcome of a random event as more certain than it actually is. The conventional wisdom is that transshipment is a risk-pooling strategy for improving newsvendors' performance. However, we find that overconfident newsvendors can be worse off with transshipment as compared to without transshipment. This result remains when overconfident newsvendors possess other behaviors such as fair...
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作者:Tang, Yanli; Guo, Pengfei; Tang, Christopher S.; Wang, Yulan
作者单位:Sun Yat Sen University; City University of Hong Kong; University of California System; University of California Los Angeles; Hong Kong Polytechnic University
摘要:Female user (driver and rider) safety is a serious concern for ride-hailing platforms. One way to address this concern is to migrate from the traditional pooling system that matches riders with drivers without considering gender to a hybrid system with a female-only option. Will such a hybrid system result in a win-win-win outcome for all involved parties (riders, drivers, and the platform)? To answer this question, we investigate the performance of the two operational systems: a pooling syste...
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作者:Bai, Jiaru; Hu, Shu; Gui, Luyi; So, Kut C.; Ma, Zu-Jun
作者单位:Wake Forest University; Sun Yat Sen University; University of California System; University of California Irvine; Hong Kong Polytechnic University; Southwest Jiaotong University
摘要:Applications of government subsidies to speed up consumer trade-ins of used products can be commonly observed in practice. This study investigates the design of such trade-in subsidy programs and aims to provide implementable insights for practice. In particular, we focus on two open problems in the literature, (i) how to optimally allocate the subsidy budget among the multiple products covered by the trade-in program, and (ii) how to most effectively utilize the assigned budget to incentivize...
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作者:Huang, Ni; Yan, Zhijun; Yin, Haonan
作者单位:University of Houston System; University of Houston; Beijing Institute of Technology; University of California System; University of California Irvine
摘要:E-healthcare platforms start to integrate medical services across online and offline channels, where providers can perform online consultations, schedule patients' offline visits, synchronize relevant medical records, and finally, answer online inquiries regarding follow-up and recovery anytime and anywhere within one operations management function (i.e., online-offline service integration). In this study, we seek to quantify the effects of online-offline service integration on the e-healthcar...
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作者:Nip, Kameng; Wang, Zhenbo; Wang, Zizhuo
作者单位:Xiamen University; Tsinghua University; The Chinese University of Hong Kong, Shenzhen
摘要:In this study, we consider a new customer choice model which we call the single transition choice model. In this model, there is a universe of products and customers arrive at each product with a certain probability. If the arrived product is unavailable, then the seller can recommend a subset of available products and the customer will purchase one of the recommended products or choose not to purchase with certain transition probabilities. The distinguishing features of the model are that the...
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作者:Mutha, Akshay; Bansal, Saurabh; Guide, V. Daniel R.
作者单位:University of Vermont; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
摘要:We investigate the tension between accounting and financial functions of an OEM who manufactures and remanufactures capital-intensive products. The OEM operates a servicizing business model in which it leases a product, remanufactures the product returned at the end of the lease, and re-leases the remanufactured product (usecycle), with multiple such usecycles. The accounting function at the firm would suggest that the OEM: (i) recovers the initial manufacturing cost of the product over its us...
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作者:Zhong, Ying; Hong, L. Jeff; Liu, Guangwu
作者单位:University of Electronic Science & Technology of China; Fudan University; Fudan University; City University of Hong Kong
摘要:We study a dynamic pricing problem where the observed cost in each selling period varies from period to period, and the demand function is unknown and only depends on the price. The decision maker needs to select a price from a menu of K prices in each period to maximize the expected cumulative profit. Motivated by the classical upper confidence bound (UCB) algorithm for the multi-armed bandit problem, we propose a UCB-Like policy to select the price. When the cost is a continuous random varia...
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作者:Wang, Yining; Chen, Xi; Chang, Xiangyu; Ge, Dongdong
作者单位:State University System of Florida; University of Florida; New York University; Xi'an Jiaotong University; Shanghai University of Finance & Economics
摘要:Data-driven sequential decision has found a wide range of applications in modern operations management, such as dynamic pricing, inventory control, and assortment optimization. Most existing research on data-driven sequential decision focuses on designing an online policy to maximize revenue. However, the research on uncertainty quantification on the underlying true model function (e.g., demand function), a critical problem for practitioners, has not been well explored. In this study, using th...