Department of Management Sciences - Research Degree
Department of Management Sciences College of Business - City University of Hong Kong AACSB International EQUIS - European Quality Improvement System

Selected Recent Publications

2017

  •  Yang, Y., Yu, Y., & Huang, T. (2017). “Myopic analysis for multi-echelon inventory systems with batch ordering and nonstationary/time-correlated demands”, Production and Operations Management, 26(1), 31-46.
  • Shum, S., Tong, S., & Xiao W. (2017). “On the impact of uncertain cost reduction when selling to strategic customers” Management Science, 63(3), 843-860.

2016

  •  Chen, X., Hu, P., Shum, S., & Zhang, Y. (2016). “Dynamic stochastic inventory management with reference price effects”, Operations Research, 64(6), 1529-1536.
  • Zhao, X., Pang, Z., & Stecke, K.E. (2016). “When does a retailer’s advance selling capability benefit manufacturer, retailer, or both?” Production and Operations Management, 25(6), 1073-1087.
  • Tong, S., & Liu, G. (2016). “Importance sampling for option Greeks with discontinuous payoffs”, INFORMS Journal on Computing, 28(2), 223-235.
  • Lu, Y., Song, M., & Yang, Y. (2016). “Joint inventory and pricing coordination with incomplete demand information”, Production and Operations Management, 25(4), 701-718.
  • Hu, P., Shum, S., & Yu. M. (2016). “Joint inventory and markdown management for perishable goods with strategic consumer behavior”, Operations Research, 64(1), 118-134.
  • Duan, L., Shou, B., & Huang, J. (2016). “Capacity allocation and pricing strategies for new wireless services”, Production and Operations Research, 25(5), 866-882.
  • Gao, L., Shou, B., Huang, J., & Chen, Y. (2016). “Combining spot and futures markets: A hybrid market approach to dynamic spectrum access”, Operations Research, 64(4), 794-821. 

2015

  •  Chen, X, Wan, A T K, & Zhou, Y (2015), “Efficient quantile regression analysis with missing observations”, Journal of the American Statistical Association, 110, 723-741.
  • Hsu, V., Xiao, W., & Hu, Q. (2015), "Manufacturing capacity decisions with demand uncertainty and tax cross-crediting", Manufacturing, Services & Operations Management, 17(3), 383-398.
  • Liu, G. (2015), "Simulation risk contributions of credit portfolios", Operations Research, 63(1), 104-121.
  • Kouvelis, P., Xiao, Y., & Yang, N. (2015), "PBM competition in pharmaceutical supply chain: formulary design and drug pricing", Manufacturing & Service Operations Management, 17(4), 511-526.
  • Yu, Y., Benjaafar, S., & Gerchak, Y. (2015), "Capacity sharing and cost allocation among independent firms with congestion", Production and Operations Management, 24(8), 1285-1310.
  • Dong, M.C., Liu, Z., Yu, Y., & Zheng, J-H. (2015), "Opportunism in distribution networks: the role of network embeddedness and dependence", Production and Operations Management, 24(10), 1657-1670.
  • Yuan, N., Chua, G.A., Liu, X., & Chen, Y. (2015), "Unsold versus unbought commitment: minimum total commitment contracts with nonzero setup costs", Production and Operations Management, 24(11), 1750-1767.

2014

  • Lu.Y., Chen. Y., Song. M., & Yuan. X. (2014), "Optimal pricing and inventory control policy with quantity-based price differentiation", Operations Research, 62(3), 512-523.
  • Yang, Y., Chen, Y., & Zhou, Y. (2014), "Coordinating inventory control and pricing strategies under batch ordering", Operations Research, 62(1), 25-34.
  • Wang, H.F., Liang X.Y., Sethi, S., & Yan, H (2014), "Inventory commitment and prioritized backlogging clearance with alternative delivery lead times", Production and Operations Management, 23(7), 1227-1242.
  • Sun, L., Hong, L.J., & Hu, Z. (2014), "Balancing exploitation and exploration in discrete optimization via simulation through a Gaussian process-based search", Operations Research, 62, 1416-1438.
  • Hong, L.J., Hu, Z., & Zhang, L. (2014), "Conditional value-at-risk approximation to value-at-risk constrained programs: A remedy via Monte Carlo", INFORMS Journal on Computing, 26, 385-400.
  • Hong, L.J., Juneja, S., & Luo, J. (2014), "Estimating sensitivities of portfolio credit risk using Monte Carlo", INFORMS Journal on Computing, 26, 848-865.
  • Lu, Y., & Song, M. (2014), "Inventory control with a fixed cost and a piece-wise linear convex cost", Production and Operations Management, 23(11), 1966-1984
  • Gao, L., Li, Z., & Shou, B. (2014), "Information acquisition and voluntary disclosure in an export-processing System", Production and Operations Management, 23(5): 802-816.
  • Chen, X., Shum, S., & Simchi-Levi, D. (2014), "Stable and coordinating contracts for a supply chain with multiple risk-averse suppliers", Production and Operations Management, 23(3), 379-392.
  • Huang, T., & Yu, Y. (2014), "Sell probabilistic goods? A behavioral explanation for opaque selling", Marketing Science, 33(5), 743-759.
  • Xie, S, Wan, A T K, & Zhou, Y (2014), “A varying-coefficient expectile model for estimating Value-at-Risk”, Journal of Business and Economic Statistics, 32, 576-592.

2013

  •  Chen, Y., Xue, W., & Yang, J. (2013), "Optimal inventory policy in the presence of a long-term supplier and a spot market - a note", Operations Research, 61(1), 88–97.
  • Xu, J., Hong, L.J., & Nelson, B. (2013), "An adaptive hyperbox algorithm for high-dimensional discrete optimization via simulation problems", INFORMS Journal on Computing, 25, 133-146.
  • Chang, K-H, Hong, L.J., & Wan, H. (2013), "Stochastic trust-region response-surface method (STRONG) – A new response surface framework for simulation optimization", INFORMS Journal on Computing, 25, 230-243.
  • Zhang, D F, Wei L J, Leung, S C H, & Chen, Q S (2013), "A binary search heuristic algorithm based on randomized local search for the rectangular strip-packing problem", INFORMS Journal on Computing, 25(2), 332-345.
  • Lan, Y., Li, Y., & Hua, Z. (2013), "On 'Equilibrium Returns Policies in the Presence of Supplier Competition'", Marketing Science, 32(5), 821-823.
  • Lu, Y. & Simchi-Levi, D. (2013), "On the unimodality of the profit function of the pricing newsvendor", Production and Operations Management, 22, 615-625.
  • Liu, Q., & Shum, S. (2013), "Pricing and capacity rationing with customer disappointment aversion", Production and Operations Management, 22(5), 1269-1286. 
  • Zhang, X, Wan, A T K, & Zou, G H (2013), “Model averaging by jackknife criterion in models with dependent data”, Journal of Econometrics, 174, 82-94.

2012

  • Caliskan-Demirag, O., Chen, Y., & Yang, Y. (2012), "Ordering policies for periodic-review inventory systems with quantity-dependent fixed costs", Operations Research, 60(4), 785-796.
  • Gao F., Caliskan-Demirag O., & Chen, Y. (2012), "Early sales of seasonal products by weather- conditional rebates", Production and Operations Management, 21(4), 778–794.
  • Pang, Z., Chen, Y., & Feng, Y. (2012), "A note on the optimal structure of joint inventory-pricing control with leadtimes", Operations. Research, 60(3), 581-587.
  • Hu, Z., Cao, J., & Hong, L.J. (2012), "Robust simulation of global warming policies using the DICE model", Management Science, 58, 2190-2206.
  • Chiang, W K (2012), "Supply chain dynamics and channel efficiency in durable product pricing and distribution", Manufacturing & Service Operations Management, 14(2), 327-343.
  • Li, Y., Cheang, B., & Lim, A. (2012), "Grocery perishables management ", Production and Operations Management, 21(3), 504-517.
  • Hu, Q., Schwarz, L., & Uhan, N. (2012), "The impact of GPOs on healthcare product supply chains", Manufacturing, Services & Operations Management, 14(1), 7-23.
  • Chen, Y-J., Shum, S., & Xiao, W. (2012), "Should an OEM retain component procurement when the CM produces competing products?" Production and Operations Management, 21(5), 907-922.
  • Zhang, X, Wan, A T K, & Zhou, S, (2012), “Focused information criteria, model selection and model averaging in a Tobit model with a non-zero threshold”, Journal of Business and Economic Statistics, 30, 132-142.

2011

  • Liang H, Zou G H, Wan A T K, & Zhang, X (2011), "Optimal weight choice for frequentist model average estimators", Journal of the American Statistical Association, 106, 1053-1066.
  • Chen X., Zhou, S., & Chen, Y. (2011), "Integration of inventory and pricing decisions with costly price adjustment", Operations. Research, 59(5), 1144-1158.
  • Feng, Y., & Chen, Y. (2011), "A Computational Approach for Optimal Joint Inventory-Pricing Control in an Infinite-Horizon Periodic-Review System", Operations. Research, 59 (5), 1297-1303.
  • Hong, L.J., Yang, Y., & Zhang, L. (2011), "Sequential convex approximations to joint chance constrained programs: A Monte Carlo approach", Operations Research, 59, 617-630.
  • Liu, G., & Hong, L.J. (2011), "Kernel estimation of the Greeks of financial options", Operations Research, 59, 96-108.
  • Hu, Q., & Schwarz, L. (2011), "The controversial roles of GPOs in Healthcare-Product Supply Chains", Production and Operations Management, 20(1), 1-15.
  • Landon, J, Lee, F X, & Singpurwalla, N D (2011), “A problem in particle physics and its Bayesian analysis”, Statistical Science, 26, 352-368.
  • Singpurwalla N D (2011), “Network routing in a dynamic environment”, Annals of Applied Statistics, 5, 1407-1424.

2010

  • Chen, Y., &Yano, C.A. (2010), "Improving supply chain performance and managing risk under weather-related demand uncertainty", Management Science, 56(8), 1380-1397.
  • Hong, L.J. & Liu, G. (2010), "Pathwise estimation of probability sensitivities through terminating and steady-state simulations", Operations Research, 58, 357-370.
  • Chung, W., & Fuller, J.D. (July 2010), "Subproblem approximation in Dantzig-Wolfe decomposition of variational inequality models with an application to a multicommodity economic equilibrium model ", Operations Research, 58, 1318 - 1327.
  • Hu, Q. (2010), "Network game and capacity investment under market uncertainty", Production and Operations Management, 19(1), 98-110.
  • Singpurwalla, N D (2010), “Reliability growth management metrics and statistical methods for discrete-use systems comment”. Technometrics, 62, 396-397.
  • Wan, A T K, Zhang, X., & Zou, G H (2010), “Least squares model averaging by Mallow’s criterion”, Journal of Econometrics, 156, 277-283.
  • Zhou, Y., Wan, A T K, Xie, S. (2010), “Wavelet analysis of change-points in a nonparametric regression with heteroscedastic variance”, Journal of Econometrics, 159, 183-201.