| Development of a Rapid-Response Supply Chain at Caterpillar | | 1/1/2020 |
| Crowdsourcing New Product Ideas under Consumer Learning | Crowdsourcing initiatives are becoming a popular tool for new idea generation for firms. Although such initiatives are widely adopted in many different industries, the number of ideas generated often decline over time, and the implementation rates (percen... | 12/1/2018 |
| Hail, Procrustes! | | 8/1/2012 |
| Inefficiencies from Metropolitan Political and Fiscal Decentralization:
Failures of Tiebout Competition | | 7/1/2012 |
| Mastering Your 70% Zone: the Core of Long Term Advantage | 70% of the value of a healthy company is based on expectations of performance beyond the short term. Yet, most strategy thinking is grounded in near-term events. Thus, shifting energy forward more effectively than your rivals and gaining advanced commitme... | 5/1/2012 |
| Predicting Counterproductive Work Behavior from Guilt Proneness | We investigated the relationship between guilt proneness and counterproductive work behavior (CWB) using a diverse sample of employed adults working in a variety of different industries at various levels in their organizations. CWB refers to behaviors tha... | 4/1/2012 |
| Charter School Entry and School Choice: The Case of Washington, D.C. | | 3/1/2012 |
| Entry, Sorting and Incentives in the Teacher Market | | 3/1/2012 |
| How Much Data Are Needed: Estimation of Inventory Service Levels With Limited Historical Demand Data | Assuming the availability of limited historical demand data, we consider the discrete-event simulation of an inventory system with stochastic product demands. The objective of the simulation is to obtain the mean service level and the confidence interval... | 3/1/2012 |
| Stability and endogenous formation of inventory transshipment networks | This paper studies a cooperative game of inventory transshipment among multiple firms. In this game, firms first make their inventory decisions independently under uncertain demands, and then decide collectively how to transship excess inventories to sati... | 3/1/2012 |
| Information Asymmetry and Equilibrium Monitoring in Education | | 2/1/2012 |
| Optimal Energy Procurement in Spot and Forward Markets | Storage capacity for energy, such as electricity, natural gas, and oil, is limited. Thus, spot and forward purchases for delivery on the usage date play an important role in matching the supply and the uncertain demand of energy. Transaction costs tend... | 2/1/2012 |
| Real Option Management of Hydrocarbon Cracking Operations | Commodity conversion assets play important economic roles. It is well known that the market value of these assets can be maximized by managing them as real options on the prices of their inputs and/or outputs. In particular, managing such real options,... | 2/1/2012 |
| Relaxations of Approximate Linear Programs for the Real Option Management of Commodity Storage | The real option management of commodity conversion assets gives rise to intractable Markov decision processes (MDPs). This is due primarily to the high dimensionality of a commodity forward curve, which is part of the MDP state when using high dimensional... | 2/1/2012 |
| To avoid or not to avoid? Gender and the emotional experience of relationship conflict | Relationship conflict has detrimental effects, and scholars advise avoiding these conflicts. However, little is known about the emotional experience of relationship conflict and the intrapersonal consequences of conflict avoidance. In a field study of a l... | 2/1/2012 |
| Advance Selling in a Supply Chain under Uncertain Supply and Demand | We examine three selling strategies of a manufacturer who produces and sells a seasonal product to a retailer under uncertain supply and demand: (1) advance selling: pre-sells the product before observing uncertain supply and demand; (2) regular selling:... | 1/1/2012 |
| Imaging Room and Beyond: The Underlying Economics Behind Physician's Test Ordering Behavior in Outpatient Services | | 1/1/2012 |
| Is It More Valuable to Store or Destroy Electricity Surpluses? | A typical strategy for dealing with commodity surpluses is to store them for future sale; in particular, this is true of electricity. However, because electricity prices can be negative, there exists another potential strategy: To buy and dispose of elect... | 1/1/2012 |
| Managing Inventory with Limited Intermittent Demand Data: Role of Parameter Uncertainty | Most of the periodic-review inventory-management literature assumes the receipt of a positive demand in every review period with known demand parameters. In this paper we consider a repeated newsvendor setting where this is not the case, and study the pro... | 1/1/2012 |
| Managing Inventory with Limited History of Intermittent Demand | Motivated by industrial data of intermittent demand, we study the problem of determining inventory targets in a repeated newsvendor setting when there is limited history of data available, the quantity demanded does not necessarily have a normal distribut... | 1/1/2012 |
| Reflections in a Beveled Mirror: Induced Social Contrasts and Affective Outcomes for Community Service Volunteers | | 1/1/2012 |
| Wildlife Corridors as a Connected Subgraph Problem | | 1/1/2012 |
| Asymmetric Information and Economies of Scale in Service Contracting | | 12/1/2011 |
| Collaboration Network Formation and the Demand for Problem Solvers with Heterogenous Skills | Abstract. Collaboration networks provide a method for examining the structure of collaborative communities. The model I present in this paper connects an individual's skill set to her position in the collaboration network, and changes in the distribution... | 12/1/2011 |
| Comparison of Potential Emission for the U.S. Polymer Sector: Bio-feedstocks and Bio-energy | | 12/1/2011 |
| Decision Making and Trade without Probabilities | | 12/1/2011 |
| Incentivizing Enterprise Social Media Participation under Employee Heterogeneity | | 12/1/2011 |
| Learning from Peers on Social Media Platforms | | 12/1/2011 |
| Relevance of Emissions Timing in Biofuel Greenhouse Gases and Climate Impacts | | 12/1/2011 |
| Short horizons and tempting situations: Lack of continuity to our future selves leads to unethical decision making and behavior | People who feel continuity with their future selves are more likely to behave in ethically responsible ways as compared to people who lack continuity with their future selves. We find that individual differences in perceived similarity to one’s future sel... | 12/1/2011 |
| Strategic Analysis of Technology and Capacity Investments in the
Lique fied Natural Gas Industry | Energy plays a fundamental role in both manufacturing and services, and natural gas is rapidly
becoming a key energy source worldwide. Facilitating this emergence is an expanding network
of ocean-going vessels that enable the matching of natural gas sup... | 12/1/2011 |
| A Computational Approach to the Real Option Management of Network Contracts for Natural Gas Pipeline Transport Capacity | Commodity merchants use real option models to manage their operations. A central element of such a model is its underlying operating policy. We focus on network contracts for the transport capacity of natural gas pipelines, specific energy conversion as... | 11/1/2011 |
| Stockouts and Restocking: Monitoring the Retailer from the Supplier's Perspective | | 11/1/2011 |
| Uncertainty in Life Cycle Greenhouse Gas Emissions for United States Natural Gas End-Uses and its Effects on Policy | | 11/1/2011 |
| Accounting Conservatism and Debt Contract Efficiency with Soft Information | | 10/1/2011 |
| Impact of Dedicated E85 Vehicle Use on Ozone and Particulate Matter in the U.S. | | 10/1/2011 |
| Managing Wind-based Electricity Generation with Storage and Transmission Capacity | In the past decade wind-based electricity generation has grown rapidly, and is likely to grow even more in the future. Since generation sites—wind farms—tend to be remote, they require transmission lines to transport electricity to markets. These wind far... | 10/1/2011 |
| Necessary Qualities of Accounting Information to Provide a Confirmatory Role for Voluntary Disclosures: The Relevance-Reliability Tradeoff | | 10/1/2011 |
| Performance Evaluation of Lattice-Dependent Base-Stock and Rationing Policies for Assemble-to-Order Systems | We consider an assemble-to-order (ATO) system with multiple products, multiple components which may be demanded in different quantities by different products, batch ordering of components, random lead times, and lost sales. We model the system as an infin... | 10/1/2011 |
| β-Guaranteed Joint Service Levels | Many inventory control problems require the satisfaction of service-level criteria that are joint across products with correlated demands such as dollar fill rate, line-item fill rate, and order fill rate. This paper introduces a multi-product, joint serv... | 9/1/2011 |
| Capturing Time-Varying Joint Distributional Properties of Financial Time Series in Capital Market Simulations | Most of the multivariate input models of the discrete-event stochastic simulation literature have been developed for stationary processes. In practice, however, the joint distributional properties of multivariate inputs such as asset-return pairs of finan... | 9/1/2011 |
| Charter School Entry and School Choice: The Case of Washington, D.C. | | 9/1/2011 |
| Combating Strategic Counterfeiters in Licit and Illicit Supply Chains | Today counterfeit products are being produced and consumed in all economies. While clothing and fashion accessories dominated counterfeit supply in the past, today's counterfeit goods are in a wide range of simple to sophisticated products including items... | 9/1/2011 |
| Copula-Based Multivariate Input Modeling | We review the copula-based input models that are well suited to provide multivariate input-modeling support for stochastic simulations with dependent inputs. Specifically, we consider the situation in which the dependence between pairs of simulation input... | 9/1/2011 |
| Fragmented Networks and Entrepreneurship in Late Imperial Russia | | 9/1/2011 |
| Inventory Budget Optimization under Demand Parameter Uncertainty | In this paper we revisit the well-known inventory budget optimization problem under the assumption of unknown demand parameters. Assuming the availability of limited historical demand data, we determine the optimal targets of this inventory budget optimiz... | 9/1/2011 |
| Learning Curves of Agents with Diverse
Skills in Information Technology-Enabled Physician Referral Systems | | 9/1/2011 |
| Life Cycle Greenhouse Gas Emissions of Marcellus Shale Gas | | 9/1/2011 |
| New Functional Characterizations and Optimal Structural Results for Assemble-to-Order M-Systems | We consider an assemble-to-order M-system with multiple components, multiple products, batch ordering of components, random lead times, and lost sales. We model the system as an infinite-horizon Markov decision process and seek an optimal control policy:... | 9/1/2011 |
| Optimum Savings and Optimal Growth: the Cass-Malinvaud-Koopmans Nexus | | 9/1/2011 |
| Setting Inventory Targets when Demands are Autocorrelated and Data are Limited | Most of the literature on inventory management assumes that the demand distribution and the values of its parameters are known with certainty. In this paper, we consider the practical situation where this is not the case and only limited amounts of autoco... | 9/1/2011 |
| Status conferral in intergroup social dilemmas: Behavioral antecedents and consequences of prestige and dominance | Bridging the literatures on social dilemmas, intergroup conflict, and social hierarchy, the authors systematically varied the intergroup context in which social dilemmas were embedded to investigate how costly contributions to public goods influence statu... | 9/1/2011 |
| Valuation and Hedging of Commodity Storage in the Presence of Term Structure Model Error | Traders value and hedge the cash flows of real and financial options based on stochastic models, which inevitably embed model error.
In this paper we quantify how empirically calibrated model errors concerning the futures price term structure affect the... | 9/1/2011 |
| When Students and Teachers Sort | | 9/1/2011 |
| Can Long-Run Risk Explain the Distress Puzzle? | | 8/1/2011 |
| Earnings Dispersion and Aggregate Stock Returns | | 8/1/2011 |
| Intuitive Biases in Choice vs. Estimation: Implications for the Wisdom of Crowds | | 8/1/2011 |
| Inventory Development and Input-Output Model of U.S. Land Use: Relating Land in Production to Consumption | | 8/1/2011 |
| Labor Migration and Wage Growth in Malaysia | | 8/1/2011 |
| Mexico-U.S. Immigration: Effects of Wages and Border Enforcement | | 8/1/2011 |
| Open Borders: Puerto Rican Migration to the U.S. | | 8/1/2011 |
| Predicting Counterproductive Work Behavior from Guilt Proneness: Trait and Situation-Based Contingency Effects | We investigated the relationship between guilt proneness and counterproductive work behavior (CWB) using an online survey of more than 400 employed adults. Guilt proneness is a personality trait characterized by a predisposition to experience negative fee... | 8/1/2011 |
| Specialists and Generalists: Equilibrium Skill Acquisition Decisions in Problem-solving Populations | Abstract. Many organizations rely on the skills of innovative individuals to create value, including academic and government institutions, think tanks, and knowledge-based firms. Roughly speaking, workers in these fields can be divided into two categories... | 8/1/2011 |
| The Small World Effect: The Influence of Macro Level Properties of Developer Collaboration Networks on Open Source Project Success | | 8/1/2011 |
| The Term Structures of Real Interest Rates and Bond Term Premia | | 8/1/2011 |
| Too Much of a Good Thing: Insensitivity to Rate of Consumption Leads to Unforeseen Satiation | Consumers are often able to choose how often to consume the things they enjoy. The research presented here suggests that consumers tend to consume too rapidly, growing tired of initially well-liked stimuli such as a favorite snack (Experiments 1 and 4) or... | 7/1/2011 |
| A Large U.S. Retailer Selects Transportation Carriers under Diesel Price Uncertainty | | 7/1/2011 |
| Computing Equilibria of Dynamic Games | | 7/1/2011 |
| Congestion-Based Leadtime Quotation for Heterogenous Customers with Convex-Concave Delay Cost Optimality of a Cost-Balancing Policy Based on Convex Hull Functions | | 7/1/2011 |
| Corporate Taxes, Leverage, and Business Cycles | | 7/1/2011 |
| Estimating National Cellulosic Ethanol Production from Forest Thinnings | | 7/1/2011 |
| Horizontal Mergers in Multi-Tier Decentralized Supply Chains | | 7/1/2011 |
| Learning About New Products: An Empirical Study of Physicians' Behavior | | 7/1/2011 |
| Managing a Firm's Cash Flow Recovery Strategy | Traditional cash flow estimation techniques focus on generating net cash flow estimates period-by-period, which are then discounted by the firm’s cost of capital. While conceptually strong, this aggregation approach can be insensitive to the fine-grained... | 7/1/2011 |
| Network Effects: The Influence of Structural Social Capital on Open Source Project Success. | What determines open source project success? In this study, we investigate the impact of network social capital - the benefits open source developers secure from their memberships in a developer collaboration network - on open source project success. We f... | 7/1/2011 |
| On the Political Economy of Tax Limits | | 7/1/2011 |
| Political Economy of Centralized Redistribution and Local Government Fiscal Structure | | 7/1/2011 |
| Revenue Non-Equivalence Between Auctions with Soft and Hard Closing Mechanisms: New Evidence from Yahoo | | 7/1/2011 |
| The Expected Cost of Default | | 7/1/2011 |
| The Expected Cost of Default | | 7/1/2011 |
| The Subjective Sense of Feeling Satiated: The Role of Metacognitions in the Construction of Satiation | Enjoyable experiences become less enjoyable when consumed repeatedly. This process is called satiation. One antecedent to satiation is the memory for past consumption. We demonstrate that, aside from the absolute amount of past consumption recalled, peopl... | 7/1/2011 |
| The Traveling Salesman Problem with Neighborhoods: MINLP solution | The traveling salesman problem with neighborhoods extends the traveling salesman problem to the case where each vertex of the tour is allowed to move in a given region. This NP-hard optimization problem has recently received increasing attention in severa... | 7/1/2011 |
| Too Much of a Good Thing: Insensitivity to Rate of Consumption Leads to Unforeseen Satiation | Consumers are often able to choose how often to consume the things they enjoy. The research presented here suggests that consumers tend to consume too rapidly, growing tired of initially well-liked stimuli such as a favorite snack (Experiments 1 and 4) or... | 7/1/2011 |
| Competition, Quality and Managerial Slack | We consider the role of product market competition in disciplining
managers in a moral hazard setting. Competition has two effects on a
firm. First, the expected revenue or the marginal benefit of effort
declines, leading to weakly lower effort. Second... | 6/1/2011 |
| Corporate Taxes, Leverage, and Business Cycles | | 6/1/2011 |
| Covert Contagions: The Spread of Corrupt Information | | 6/1/2011 |
| Endogenous Precision of Performance Measures and Limited
Managerial Attention | In this paper, we model two drivers which underlie the economic trade-off shareholders face in designing incentives for optimal effort allocation by managers. The first driver is limited managerial attention, by which we mean that performing one task ma... | 6/1/2011 |
| Estimating a Dynamic Adverse Selection Model: Labor Force Experience and the Changing Gender Earnings Gap 1968-97 | | 6/1/2011 |
| Estimating the Returns to Parental Time Investment in Children Using a Life Cycle Dynastic Model | Models of dynastic households have been traditionally used to analyze persistence in earnings and wealth across generations, more recently to study patterns of wealth and fertility, transfers to children and education choices. Using data of two generation... | 6/1/2011 |
| Experimentation and Job Choice | In most models in which firms and workers learn about worker productivity through repeated observations of on-the-job performance, the amount of information revealed about workers is exogenously given and constant across jobs. In this paper, we examine wh... | 6/1/2011 |
| Life Cycle GHG Emissions from Malaysian Oil Palm Bioenergy Development: The Impact on Transportation Sector's Energy Security | | 6/1/2011 |
| MDD Propagation for Sequence Constraints | We study propagation for the sequence constraint in the context of constraint programming based on limited-width MDDs. Our first main contribution is proving that establishing MDD-consistency for sequence is NP-hard. Second, we propose a partial filterin... | 6/1/2011 |
| The Benefit of Introducing Variability in Quality Based Service Domains | We consider a single-server queueing system in which the value customers obtain from service
increases with their service time, but decreases with their waiting time. An
example of such a system would be a medical clinic: customers always hope to spend... | 6/1/2011 |
| The Brag is Worse than the Fight: Pre-Announcing Competitive Decisions in Oligopoly Markets | | 6/1/2011 |
| The economics of predation: What drives pricing when there is learning-by-doing? | Predatory pricing - a deliberate strategy of pricing aggressively in order to eliminate competitors - is one of the more contentious areas of antitrust policy and its existence and efficacy are widely debated. The purpose of this paper is to formally char... | 6/1/2011 |
| The Effects of Corruption on Organizational Networks and Individual Behavior | | 6/1/2011 |
| The Pain was Greater if it Will Happen Again: The Effect of Continuation on Retrospective Discomfort | | 6/1/2011 |
| The Role of Price Spreads and Reoptimization in the Real Option Management of Commodity Storage Assets | The real option management of commodity storage assets is an important practical problem. Due to its general intractability, practitioners approach the resulting stochastic optimization problem using heuristics. The rolling intrinsic and basket of sprea... | 6/1/2011 |
| A Broader View of Designing the Liver Allocation System | | 5/1/2011 |
| Advance Selling in a Supply Chain under Uncertain Supply and Demand | | 5/1/2011 |
