• Shaping the Values of a Milk Cooperative: Theoretical and Practical Considerations 

  Mu, L.; Dawande, Milind; Mookerjee, Vijay (Wiley-Blackwell, 2019-05-22)

  Dairy cooperatives bestow upon farmers the virtues of controlling a large supply quantity of a relatively scarce product, that is, milk (e.g., higher bargaining power, fixed cost sharing, etc.). However, the cooperative ...

• Re-Switching, The Average Period of Production and the Austrian Business-Cycle Theory: A Comment on Fratini 

  Lewin, Peter; Cachanosky, N. (Springer New York LLC, 2019-05-26)

  In a recent contribution to this journal Saverio Fratini (Review of Austrian Economics, 2019) offers a critique of our work on Austrian Capital Theory on the grounds that our conception of capital and “roundaboutness” does ...

• Observing Cascade Behavior Depending on the Network Topology and Transaction Costs 

  Kim, Joohyun; Kwon, Ohsung; Lee, Duk Hee (Springer, 2019-01-31)

  The Internet, smartphones, Social Networking Service, and other IT goods have improved the overall quality of life, but created an over-connectedness with extremely low transaction costs in our society, amplifying latent ...

• Learning Through Observation or Through Acquisition? Innovation Performance as an Outcome of Internal and External Knowledge Combination 

  Jiang, M. S.; Jiao, J.; Lin, Z.; Xia, Jun (Springer New York LLC, 2019-06-08)

  Although the importance of external and internal knowledge combination for innovation is well recognized, the effectiveness of different patterns of combination requires further investigation. We consider spillovers of ...

• Strategic Remanufacturing under Competition 

  Ma, Zhongwen; Prasad, A.; Sethi, Suresh P. (De Gruyter, 2019-06-12)

  We investigate firms' remanufacturing strategies for the case of a duopoly. On the one hand, remanufactured products cannibalize sales of new products of the same firm thereby hurting its profits. On the other hand, they ...

• Sourcing Contract under Countervailing Incentives 

  Gan, X.; Feng, Q.; Sethi, Suresh P. (Wiley-Blackwell, 2019-05-25)

  We study a retailer’s sourcing contract when the supplier’s reservation profit (offered by his outside options) depends on his cost, which is privately known to only the supplier. An interesting discovery from our analysis ...

• Pricing Problems Under the Markov Chain Choice Model 

  Dong, James; Şimşek, A. Serdar; Topaloglu, Huseyin (Wiley, 2019-01)

  We consider pricing problems when customers choose under the Markov chain choice model. In this choice model, a customer arriving into the system is interested in a certain product with a certain probability. Depending on ...

• On Member-Driven, Efficient and Fair Timeshare Exchanges 

  Cesaret, Bahriye; Dawande, Milind W,; Rajapakshe, Tharanga (Wiley, 2018-06-07)

  Vacation Timeshare is a form of ownership or "right to use" of a resort property for a specific time period (typically a week) each year. Timeshare exchange refers to the non-monetary trading of timeshare weeks among owners, ...

• A Paradox in Time-Consistency in the Mean-Variance Problem? 

  Bensoussan, Alain; Wong, Kwok Chuen; Yam, Sheung Chi Phillip (Springer Heidelberg, 2018-12-19)

  We establish new conditions under which a constrained (no short-selling) time-consistent equilibrium strategy, starting at a certain time, will beat the unconstrained counterpart, as measured by the magnitude of their ...

• Joint Inventory-Pricing Optimization with General Demands: An Alternative Approach for Concavity Preservation 

  Bensoussan, Alain; Xie, Y.; Yan, H. (Wiley-Blackwell, 2019-05-23)

  In this study, we provide an alternative approach for proving the preservation of concavity together with submodularity, and apply it to finite-horizon non-stationary joint inventory-pricing models with general demands. ...

• Corporate Disclosure, Analyst Forecast Dispersion, and Stock Returns 

  Ali, Ashiq; Liu, Mark; Xu, Danielle; Yao, Tong (Sage Publications Inc, 2016-11-02)

  This article examines whether a corporate disclosure practice is one of the reasons for the forecast dispersion anomaly-the negative relation between analyst forecast dispersion and future stock returns. Prior studies have ...

• Online Market Entry and Channel Sharing Strategy with Direct Selling Diseconomies in the Sharing Economy Era 

  Li, G.; Zhang, X.; Chiu, S. -M; Liu, M.; Sethi, Suresh P. (Elsevier B.V., 2019-05-16)

  Channel sharing is an important marketing strategy for giant retailers who sell their own store brands and resell national brands for cooperative manufacturers simultaneously. To expand their market and increase profitability, ...

• Digitization of Music: Consumer Adoption Amidst Piracy, Unbundling, and Rebundling 

  Koh, B.; Hann, I. -H; Raghunathan, Srinivasan (University of Minnesota, 2019-03-01)

  Digital music formats and the Internet as a distribution mechanism have fundamentally disrupted the music industry by altering the way music is packaged, distributed, and consumed. This disruptive innovation has come in ...

• When Algorithmic Predictions Use Human-Generated Data: A Bias-Aware Classification Algorithm for Breast Cancer Diagnosis 

  Ahsen, M. E.; Ayvaci, Mehmet Ulvi Saygi; Raghunathan, Srinivasan (INFORMS: Institute for Operations Research and the Management Sciences, 2018-12-20)

  When algorithms use data generated by human beings, they inherit the errors stemming from human biases, which likely diminishes their performance. We examine the design and value of a bias-aware linear classification ...

• Why Markdown as a Pricing Modality? 

  Adida, E.; Özalp Özer (INFORMS (Instute for Operations Research and the Management Sciences), 2019-05)

  Markdown as a pricing modality is ubiquitous in retail whereas everyday low price (EDLP) remains relatively rare (despite its several advantages, such as simplicity). This paper explores whether and why retailers can use ...

• Mergers and Wages in Digital Networks: A Public Interest Perspective 

  Majumdar, Sumit Kumar; Moussawi, R.; Yaylacicegi, U. (Springer New York LLC, 2019-04-01)

  This article has examined the relationship between mergers and their impact on average per-person wages for incumbents, over long periods of institutional changes within the United States telecommunications industry, from ...

• Why Do Stores Drive Online Sales? Evidence of Underlying Mechanisms from a Multichannel Retailer 

  Kumar, A.; Mehra, Amit; Kumar, S. (Institute for Operations Research.and the Management Sciences, 2019-03-05)

  We utilize the event of store opening by a large apparel retailer and use customerlevel data to estimate the effect of store presence on the online purchase behavior of its existing customers. We find that the retailer's ...

• Relationship-Specific Investment and Hold-Up Problems in Supply Chains: Theory and Experiments 

  Haruvy, Ernan; Katok, Elena; Ma, Zhongwen; Sethi, Suresh (Springer, 2018-07-20)

  Supply chains today routinely use third parties for many strategic activities, such as manufacturing, R&D, or software development. These activities often include relationship-specific investment on the part of the vendor, ...

• Aspirations and Corporate Lobbying in the Product Market 

  Eun, Jihyun; Lee, Seung-Hyun (Sage Publications Ltd, 2019-04-26)

  Given corporate lobbying’s double-edged nature, previous research has been interested in what motivates firms to engage in lobbying. In this study, we build on previous works to analyze how two types of aspiration, historical ...

• Follow the Money: Investor Trading around Investor-Paid Credit Rating Changes 

  Bhattacharya, U.; Wei, Kelsey D.; Xia, Han

  Using institutional equity trading data, we find that a set of small institutional investors consistently follow credit ratings issued by an investor-paid rating agency in their trading decisions. Although rating information ...

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