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Innovation contests are increasingly adopting a format where submissions are viewable by all contestants and the information structure changes during the contest. In such an “unblind” format, contestants must weigh the costs of revealing their submissions against the benefits of improving...
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Some firms (e.g. Intel and Medtronics) use a time-pacing strategy for product development (PD), introducing new generations at regular intervals. If the firm adopts a fast pace (introducing frequently), it prematurely cannibalizes its old generation, incurring high development costs, while if it...
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Supply chains have benefitted tremendously from digital and transportation technologies over the years. Advanced IT systems have enhanced inventory and demand visibility, allowed for easy information exchange with customers, and facilitated communications with global partners. Transportation...
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With increasing consumer interest in “research online, purchase offline” (ROPO), brick-and-mortar retailers are rapidly adopting novel online information services. Among these, virtual showrooms are being increasingly incorporated. Despite this trend, neither academia nor practitioners have...
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Prior research has shown that online recommendations have a significant influence on consumers’ preference ratings and economic behavior. Specifically, biases induced by observing personalized system recommendations can lead to distortions in users’ self-reported preference ratings after...
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