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The chaotic response of the US Strategic National Stockpile to COVID-19 during 2020 highlighted the inadequacy of the inventory-based approaches to disaster response. This paper examines the integration of stockpile inventory, backup capacity, and standby capability to meet the disaster-related...
Persistent link: https://www.econbiz.de/10014077524
We theoretically and experimentally examine the impact of pay transparency policies and payment schemes on individuals’ effort decisions and their performance. By considering the “no information” policy as a benchmark that only informs each agent of his own performance and pay, we examine...
Persistent link: https://www.econbiz.de/10014079842
In developing economies, smallholders apply their own specialized knowledge and exert costly effort to manage their farms. To raise overall productivity, NGOs and governments are advocating various knowledge sharing and learning platforms for farmers to exchange a variety of farming techniques....
Persistent link: https://www.econbiz.de/10012903494
The COVID-19 pandemic severely tested the resilience and robustness of supply chains for medically critical items and various common household goods. Severe and prolonged shortages of personal protective equipment (PPE) and ventilators in the United States have revealed vulnerabilities in the...
Persistent link: https://www.econbiz.de/10013223683
This paper studies optimal schemes for allocating scarce resources to agents with private demand information and heterogeneous bargaining powers. Through an investigation of a mechanism design model that aims to induce agents to report their demands truthfully, we find the following results....
Persistent link: https://www.econbiz.de/10013234589
Distributing scarce resources such as COVID-19 vaccines is often a highly time-sensitive and mission-critical operation. On top of that, most COVID-19 vaccines require two doses to be administered three or four weeks apart. How to effectively roll out two-dose vaccines is a crucial policy...
Persistent link: https://www.econbiz.de/10013242797
Due to the informational advantage of online marketplaces (i.e., platforms), it is a common belief that a platform's market entry will be detrimental to third-party sellers who sell similar products on the platform. To examine the validity of this belief, we conduct an exploratory analysis using...
Persistent link: https://www.econbiz.de/10014237486
Persistent link: https://www.econbiz.de/10014430725
Can technology and operations enable the world to achieve various United Nation Sustainable Development Goals? I provide my own perspective on this question by focusing on the issue of gender equality through the lens of “women’s economic empowerment”. To do so, I use case examples to...
Persistent link: https://www.econbiz.de/10013245495
Problem Definition: When selling multiple products with different feature combinations over a short selling season, a seller often adopts a "reactive'' upgrade policy by offering a free upgrade to the next-price-level product "only after'' a customer's preferred product is out of stock. However,...
Persistent link: https://www.econbiz.de/10013248338