The classical SIR model and its variants have seen great success in understanding and predicting infectious diseases' spread. To better capture the COVID-19 outbreak, we extend the SIR model to incorporate the limited testing capacity and account for asymptomatic people. Building on the SIR...

We study two privacy protection mechanisms motivated by emerging privacy regulations, limited retention and self-protection, in the context of data-driven (personalized) pricing. Limited retention refers to the removal of private data from a firm's database, and self-protection refers to a...

Revenue management (RM) is the application of analytical methodologies and tools that predict consumer behavior and optimize products' availability and prices to maximize a firm's revenue or profit. In the last decade, data has been playing an increasingly crucial role in business...

This edited book examines the challenges and opportunities arising from today’s sharing economy from an operations management perspective. Individual chapter authors present state-of-the-art research that examines the general impact of sharing economy on production and consumption; the...

Abstract After decades of strict charitable solicitation regulation, the Chinese government has recently begun to experiment with fundraising policy reforms in some local jurisdictions. In this comparative study of two metropolitan cities, Shanghai and Guangzhou, we examine the nature, content,...

Abstract In China, the story of Covid-19 and the relationship between government and civil society is not a sharp break from the past. China has long guided and controlled the development of civil society organizations, and that has not changed in the Covid era. Instead, the Covid era is a story...

Should capacitated firms set prices responsively to uncertain market conditions in a competitive environment? We study a duopoly selling differentiated substitutable products with fixed capacities under demand uncertainty, where firms can either commit to a fixed price ex ante, or elect to price...

In the classic revenue management (RM) problem of selling a fixed quantity of perishable inventories to price-sensitive non-strategic consumers over a finite horizon, the optimal pricing decision at any time depends on two important factors: consumer valuation and bid price. The former is...