Showing 171 - 180 of 362
We study a two-period model in which a firm faces the problem of deciding whether to commit to sales volume disclosure under market size uncertainty, when selling a network good to forward-looking customers who time their purchases. If the first-period sales volume is disclosed, the...
Persistent link: https://www.econbiz.de/10012905372
Problem definition: Reorder flexibility allows firms to better match supply with unpredictable demand for products with short selling seasons. We study how competition affects the flexibility choices, inventory and pricing decisions, and profits of duopoly firms, assuming that price competition...
Persistent link: https://www.econbiz.de/10012905771
We consider an infinite-horizon dynamic matching problem where the agents on one side, say supply side, are long-lived, and those on the other, say demand side, are impatient and will get lost if unmatched upon arrival. The agents on either side are vertically differentiated with a high- or...
Persistent link: https://www.econbiz.de/10012893519
(1) Problem definition: We study a special form of group buying: the group buying succeeds only if the number of sign-ups reaches a preset threshold, with no duration constraint. Customers with heterogeneous valuations arrive sequentially and decide between signing up for the group buying or...
Persistent link: https://www.econbiz.de/10012898273
In online reward-based crowdfunding platforms, backers often pledge more money than necessary. This paper studies the magnitude, types, and motivations of such prosocial funding behavior, using a pledge-level data set from Kickstarter. First, prosocial funding was common (22% of backers),...
Persistent link: https://www.econbiz.de/10012825169
The sharing economy, a term we use to refer to business models built around on-demand access to products and services mediated by online platforms that match many small suppliers or service providers to many small buyers, has emerged as an important area of study in operations management. We...
Persistent link: https://www.econbiz.de/10012872195
Price fluctuations in agricultural markets are an obstacle to poverty reduction for small-scale farmers in developing countries. We build a micro-foundation to study how farmers of heterogeneous production costs, under price fluctuations, make crop-planting decisions over time to maximize their...
Persistent link: https://www.econbiz.de/10012967979
Competing technologies in emerging industries create uncertainties that can discourage supplier investments. Open technology may induce supplier investments, but may also lead to intensified future competition. In this paper, we study competing manufacturers' open-technology strategies. We show...
Persistent link: https://www.econbiz.de/10013004248
Operations management has the tradition of coming from and going back to real-life applications. It deals with the management of the process of matching supply with demand. The emerging business process in a sharing economy or an innovative marketplace calls for active management. We take a...
Persistent link: https://www.econbiz.de/10012850008
Surge pricing in ride hailing platforms is a pivotal and controversial subject. In this paper, we investigate surge pricing from a temporal perspective; in particular, we highlight the strategic behavior by riders and drivers and that drivers respond to surge pricing much slower than riders. We...
Persistent link: https://www.econbiz.de/10012850992