This paper studies the evolutionarily stable strategies of one-manufacturer and one-retailer supply chains. Each manufacturer and retailer chooses between two pure strategies of management: shareholder-oriented or stakeholder-oriented. Based on its management strategy, the firm decides its...

We explore the economic diffusion radius of high-speed railway (HSR) stations. Using spatial differences-in-differences (DID) method, we find that the openings of HSR stations can promote enterprises’ performance within 20 kilometers. We also observe a heterogeneity of the effect in different...

As the usage of livestreaming as a shopping channel skyrocketed during Covid-19 lockdowns (especially in China), numerous brands started to leverage livestream selling to drive sales. One core challenge for companies is to identify when to join the tide of livestream selling and how to select a...

We study a target-oriented, multi-period location-transportation problem where customer demands are uncertain and transportation decisions are adaptative. This problem is meant to determine the facility locations, production quantities, capacities, and shipment quantities, with the objective of...

This paper proposes a joint optimization approach for the production decisionmaking and inventory allocation in a fault-prone machine supply chain system, considering production and supply uncertainty as well as the impact of machine failure. A model based on Markov decision theory is presented...

It is an important issue to consider pricing inconsistency in dual-channel retailing. This paper studies a dual-channel retailer's optimal pricing policy with return insurance. We allow price differentiation across channels, model consumer heterogeneity and consider consumers' product return...

This paper studies the evolutionarily stable strategies of one-manufacturer and one-retailer supply chains. Each manufacturer and retailer chooses between two pure strategies of management: shareholder-oriented or stakeholder-oriented. Based on its management strategy, the firm decides its...

The paper applies the standard decomposition analysis of the General Entropy Measure to a new set of GDP and sectoral income data for Chinese prefectures with three points of observation over a decade (1993, 1998 and 2003). Prefectures are arranged into regional subgroupings on different levels...

Motivated by the need of small and medium-sized hospitals to improve their platelet inventory management, we develop a finite-horizon dynamic programming model to optimize inventory control for perishable product (e.g., platelet) with 3-period shelf-life. In addition to identifying the best...