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In competitive industries, some firms bundle their products, whereas others unbundle them; still other firms occupy a niche position and offer only a subset of products. No general theory has been advanced to explain this variety of bundling strategies. We characterize the strategies of two...
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Consider a make-to-stock firm that needs to decide its price and order quantity before a selling season without knowing the demand. By charging a different price from the riskless price, the firm can hedge its profits against demand uncertainty either by mitigating its demand risk or by lowering...
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For many growth-oriented entrepreneurial firms, the entrepreneur's time is one of the more salient resource constraint. Classifying the entrepreneurs' activities into four categories based on their revenue-related or process-related impact and short-term or long-term effects, we present a...
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Workers in knowledge-intensive industries often complain of having too many meetings, but organizations still give little thought to deciding when or how often to meet. In this paper, we investigate the efficiency and robustness of various coordination scheduling rules. We consider a situation...
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