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Entry and Subcontracting in Public Procurement Auctions
Branzoli, Nicola - 2019
auction formats in public procurement. The difference-in-differences strategy used exploits a data set of auctions for public …
Persistent link: https://www.econbiz.de/10012860644
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The Labor Illusion: How Operational Transparency Increases Perceived Value
Buell, Ryan W.; Norton, Michael I. - In: Management Science 57 (2011) 9, pp. 1564-1579
Aubiquitous feature of even the fastest self-service technology transactions is the wait. Conventional wisdom and operations theory suggest that the longer people wait, the less satisfied they become; we demonstrate that because of what we term the labor illusion, when websites engage in...
Persistent link: https://www.econbiz.de/10009293054
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Models for Supply Chains in E-Business
Swaminathan, Jayashankar M.; Tayur, Sridhar R. - In: Management Science 49 (2003) 10, pp. 1387-1406
Supply chain management is likely to play an important role in the digital economy. In this paper, we first describe major issues in traditional supply chain management. Next, we focus our attention on the supply chain issues of visibility, supplier relationships, distribution and pricing,...
Persistent link: https://www.econbiz.de/10009204165
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Outsourcing a Two-Level Service Process
Lee, Hsiao-Hui; Pinker, Edieal J.; Shumsky, Robert A. - In: Management Science 58 (2012) 8, pp. 1569-1584
This paper studies outsourcing decisions for a two-level service process in which the first level serves as a gatekeeper for a second level of experts. The objective of the system operator (the client) is to minimize the sum of staffing costs, customer waiting costs, and mistreatment costs due...
Persistent link: https://www.econbiz.de/10010990616
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Dynamic Cost Reduction Through Process Improvement in Assembly Networks
Bernstein, Fernando; Kök, A. Gürhan - In: Management Science 55 (2009) 4, pp. 552-567
procurement approaches. We model the suppliers' investment decisions under cost-contingent contracts, with wholesale prices …
Persistent link: https://www.econbiz.de/10009203719
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Dual Sourcing in Repeated Procurement Competitions
Klotz, Dorothy E.; Chatterjee, Kalyan - In: Management Science 41 (1995) 8, pp. 1317-1327
The issue of maintaining competition over time in a repeated procurement setting is important for both government and …
Persistent link: https://www.econbiz.de/10009204475
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Procurement Planning to Maintain Both Short-Term Adaptiveness and Long-Term Perspective
Bonser, Jewel S.; Wu, S. David - In: Management Science 47 (2001) 6, pp. 769-786
We study the fuel procurement problem for electrical utilities under uncertain demand and market price. Long … procurement planner can use fuel from these contracts or purchase fuel at the current market price. Motivated by practical … insights from this market, we propose a two-phase dynamic procedure to determine a procurement plan. In the first phase, the …
Persistent link: https://www.econbiz.de/10009214162
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Models for Iterative Multiattribute Procurement Auctions
Parkes, David C.; Kalagnanam, Jayant - In: Management Science 51 (2005) 3, pp. 435-451
Multiattribute auctions extend traditional auction settings to allow negotiation over nonprice attributes such as weight, color, and terms of delivery, in addition to price and promise to improve market efficiency in markets with configurable goods. This paper provides an iterative auction...
Persistent link: https://www.econbiz.de/10009214638
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The Importance of Ordering in Sequential Auctions
Elmaghraby, Wedad - In: Management Science 49 (2003) 5, pp. 673-682
To date, the largest part of literature on multi-unit auctions has assumed that there are k homogeneous objects being auctioned, where each bidder wishes to win exactly one or all of k units. These modeling assumptions have made the examination of ordering in sequential auctions inconsequential....
Persistent link: https://www.econbiz.de/10009218231
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The Effect of Asymmetric Bidder Size on an Auction's Performance: Are More Bidders Always Better?
Elmaghraby, Wedad - In: Management Science 51 (2005) 12, pp. 1763-1776
competitive. Therefore, a buyer who wishes to minimize her procurement costs is better off inviting more suppliers to participate …
Persistent link: https://www.econbiz.de/10009191357