Showing 231 - 240 of 358
Consider a situation where a service provider serves two types of customers, sophisticated and naive. Sophisticated customers are well-informed of service-related information and make their joining-or-balking decisions strategically, whereas naive customers do not have such information and rely...
Persistent link: https://www.econbiz.de/10014117757
This paper examines the impact of Fee-for-Service and Bundled Payment reimbursement schemes on the social welfare, the patient revisit rate, and the patient waiting time in a three-tiered public healthcare system comprising: (a) a public funder who decides on the reimbursement rate to maximize...
Persistent link: https://www.econbiz.de/10014118726
We study a two-stage decision problem, namely, the allocation and deployment of reserved inventories (RIs) in a supply network with random demand surges. The demand surge follows a time-dependent stochastic process and our objective is to minimize the expected total unmet demand in the presence...
Persistent link: https://www.econbiz.de/10012904664
This paper considers a monopoly firm (carrier) that charges a uniform price to passengers. Passengers are delay-sensitive and hence demand rates depend on waiting times. The carrier can choose to reveal or hide waiting time information. We show that optimal information strategies depend on the...
Persistent link: https://www.econbiz.de/10012908258
Problem definition: A critical problem associated with ride-hailing platforms is safety for female users (riders and drivers). One way to resolve or at least alleviate this problem is to migrate from the commonly adopted gender-neutral "pooling" system that matches riders with drivers without...
Persistent link: https://www.econbiz.de/10013240666
Consider a public healthcare system consisting of a hospital, a mobile clinic (MC), and a population of potential patients. The government is concerned about the system’s healthcare spending and the population’s health outcomes. It needs to decide whether and how to provide the MC service to...
Persistent link: https://www.econbiz.de/10014029979
Consider a single-server service system with uncertain quality level (which is assumed to be binary). Both the server and the customers know the distribution of quality levels and are engaged in the following two-stage game. In the first stage, the server commits to a strategy (possibly mixed)...
Persistent link: https://www.econbiz.de/10012834252
Problem Definition: We consider a setting where firms sell the same perishable products in two phases during each period, an early-bird-discount phase and a regular-price phase. When the discounted product is stocked-out, an early-bird customer either purchases the regular-price product as the...
Persistent link: https://www.econbiz.de/10012858906
We consider a service market with two firms that provide regular and premium services respectively. Customers are delay sensitive and heterogeneous on evaluating the service level. We show that the service differentiation, together with customer heterogeneity, results in market segmentation...
Persistent link: https://www.econbiz.de/10012958159
In this paper, we consider a single-server queuing system whose service quality is either high or low. The server, who knows the actual quality level, can signal such quality information to customers via revealing or concealing his queue length. Based on this and the observed queue length in the...
Persistent link: https://www.econbiz.de/10012823878