The widespread adoption of the Internet has resulted in the possibility of disintermediation of information flow and physical goods flow: a company selling a product no longer has to own/deliver it to the customer. As a result, supply chain structures arise in which the retailer is primarily...

Are we contributing positively to the society at large by research that we conduct in the field of Operations Management? Currently, the answer is probably closer to “no” than to “yes”. We often do not realize it but there is very real cost of conducting our research non-responsibly. In...

Problem: Initial Coin Offerings (ICOs) are an emerging form of crowdfunding for blockchain-based startups. While ICO design varies greatly in practice, many service-based platforms (e.g., Ethereum), use "uncapped" structures that forego limits on token supply, subjecting early investors to...

Using financial accounting panel data from the COMPUSTAT database for a universe of all inventory-carrying companies in the period from 1994 to 2003, we develop a statistical methodology that links managerial decisions about inventory with accounting returns. We find that, after we control for...

In this paper we empirically study inventory dynamics for a large sample of publicly held companies from nine countries in the Organization for Economic Co-operation and Development (OECD). Our goals are (i) to identify differences in inventory behavior across countries and across different...

Companies in a variety of industries (e.g., airlines, hotels, theaters) often use last-minute sales to dispose of unsold capacity. Although this may generate incremental revenues in a short term, the long-term consequences of such a strategy are not immediately obvious: more discounted...