题目：Retail Clusters in Developing Economies

演讲人：Jeannette Song, Professor, Fuqua School of Business, Duke University, The United States

时间：2018年5月25号（星期五）上午10：00-11：30

地点：商学院武东路校区114

摘要：

We develop a game-theoretic model to explore why retail clusters are so popular in developing economies and when governments should facilitate the formation of retail clusters to improve social welfare. We identify two determinants of retailer clusters. The first is valuation-cost ratio (consumers' maximum valuation over retailers' production cost), which measures retailers' profit potential. The second is retailer density (the number of retailers over unit transportation cost), which measures competition intensity. These two ratios define four types of clusters: overlapping massive clusters, non-overlapping large clusters, non-overlapping small clusters, and overlapping mini clusters. The socially optimal cluster size is larger than the equilibrium cluster size, and the gap between these two cluster sizes increases in the valuation-cost ratio. (Joint work with Xuying Zhao, Arthur Lim, Hong Guo, Chao Ding)

简介：

Jing-Sheng (Jeannette) Song is the R. David Thomas Professor of Business Administration and a Professor of Operations Management at the Fuqua School of business, Duke University. She studies supply chain management and operations strategy, topics including supply chain inventory planning, joint inventory and pricing decisions, disruption management, global sourcing strategies, supplier management, and socially responsible operations. She has published over 60 articles in leading international academic journals such as Management Science and Operations Research. Professor Song is an INFORMS Fellow and a fellow and former President of the Manufacturing and Service Operations Management (MSOM) Society. She is a recipient of the Distinguished Overseas Young Scholar Award （海外杰出青年）by the Natural Science Foundation of China . She is an Overseas Expert of the Chinese Academy of Sciences (中国科学院海外评审专家). Professor Song serves and has served on the editorial boards of several leading academic journals, including Area Editor for Operations Research and Department Editor for IIE Transactions. In 2014, she received the MSOM Distinguished Service Award for her many contributions to the society. In 2017, she also received the Outstanding Contribution Award from the Chinese Scholars Association for Management Science and Engineering (CSAMSE).