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This paper aims to study the joint decision making of advance selling and service cancelation for service provides with limited capacity when consumers are overconfident.

For the case in which consumers encounter uncertainties about product valuation and consumption states in the advance period and are overconfident about the probability of a good state, we study how the service provider chooses the optimal sales strategy among the non-advance selling strategy, the advance selling and disallowing cancelation strategy, and the advance selling and allowing cancelation strategy. We also discuss how overconfidence influences the service provider’s decision making.

The results show that when service capacity is sufficient, the service provider should adopt advance selling and disallow cancelation; when service capacity is insufficient, the service provider should still implement advance selling but allow cancelation; and when service capacity is extremely insufficient, the service provider should offer spot sales. Moreover, overconfidence weakens the necessity to allow cancelation under sufficient service capacity and enhances it under insufficient service capacity but is always advantageous to advance selling.

The obtained results provide managerial insights for service providers to make advance selling decisions.

This paper is among the first to explore the effect of consumers’ overconfidence on the joint decision of advance selling and service cancelation under capacity constraints.

A unified framework for solving the bending, buckling and vibration problems of rectangular thin plates (RTPs) with four free edges (FFFF), including isotropic RTPs, orthotropic rectangular thin plates (ORTPs) and nano-rectangular plates, is established by using the symplectic superposition method (SSM).

The original fourth-order partial differential equation is first rewritten into Hamiltonian system. The class of boundary value problems of the original equation is decomposed into three subproblems, and each subproblem is given the corresponding symplectic eigenvalues and symplectic eigenvectors by using the separation variable method in Hamiltonian system. The symplectic orthogonality and completeness of symplectic eigen-vectors are proved. Then, the symplectic eigenvector expansion method is applied to solve the each subproblem. Then, the symplectic superposition solution of the boundary value problem of the original fourth-order partial differential equation is given through superposing analytical solutions of three foundation plates.

The bending, vibration and buckling problems of the rectangular nano-plate/isotropic rectangular thin plate/orthotropic rectangular thin plate with FFFF can be solved by the unified symplectic superposition solution respectively.

The symplectic superposition solution obtained is a reference solution to verify the feasibility of other methods. At the same time, it can be used for parameter analysis to deeply understand the mechanical behavior of related RTPs. The advantages of this method are as follows: (1) It provides a systematic framework for solving the boundary value problem of a class of fourth-order partial differential equations. It is expected to solve more complicated boundary value problems of partial differential equations. (2) SSM uses series expansion of symplectic eigenvectors to accurately describe the solution. Moreover, symplectic eigenvectors are orthogonal and directly reflect the orthogonal relationship of vibration modes. (3) The SSM can be carried to bending, buckling and free vibration problems of the same plate with other boundary conditions.

The study examines how the liquid assets holdings among non-financial Indian firms vary due to tightening monetary policy and increasing macroeconomic uncertainty.

The authors analyze 5,640 firms for the period 2011–2021. The authors first estimate India’s monetary policy shocks by decomposing the exogenous shocks from the systematic component of monetary policy changes. The authors then examine the effects of the estimated monetary policy shocks and a range of macroeconomic and policy uncertainty indicators on companies’ cash and bank balances to asset ratios using two-step system generalized method of moments (GMM) estimators.

The authors find that monetary policy shocks cause the cross-sectional variances for the firms’ liquidity holdings to increase. In anticipation of macroeconomic volatility, companies respond to these shocks after taking into account all the firm-level information to minimize the opportunity costs of holding extra cash or too few cash balances that can hamper firms’ operations. Furthermore, compared to other shocks, the contribution of inflation-induced shocks is predicted to be the largest in the cross-sectional deviation of the firm’s cash holdings. The authors also find that low-growth, older and financially constrained firms observe lesser heterogeneity in their cash holdings as they tend to hold cash as a precautionary buffer.

The authors’ approach to the analysis is unique in many ways. To address potential transmission bias, the authors use nowcasts and forecasts of real gross domestic product (GDP) growth and inflation to generate a series of exogenous monetary policy shocks for identifying unanticipated changes in short-term interest rates. Subsequently, the authors estimate how these shocks affect the cross-sectional deviation of liquid assets. For estimating the effects of macroeconomic uncertainty on corporate cash demand, the authors utilize a range of proxies for uncertainty. Unlike previous attempts, the authors offer evidence for a developing and fast-emerging economy.

In the digital transformation era, the construction industry is not immune to unintended consequences and disruptions of distributed ledger technologies like blockchain. At the micro-level, construction organizations need an in-depth understanding of blockchain risks to take proactive strategies for being on the safe side. This study seeks to answer “What are the risks associated with blockchain technology from the firm-level perspective? And how can this disruptive technology overshadow the business objectives and impact organizational criteria?”

The current research proposes a novel model for risk assessment based on the trapezoidal fuzzy ordinal priority approach (OPA-F) in the multi-criteria decision-making (MCDM) context. The proposed model handles uncertainties of experts' judgment around three primary parameters: the importance of organizational criteria, the impact of blockchain risks on criteria and the probability of risk occurrence.

The case study shows that organizational “communication and information” is exposed to the most blockchain risk. On the contrary, blockchain has less to do with an organization's “corporate social responsibility.” Furthermore, effective blockchain risk management can bring about cost efficiency, quality and improved customer experience for this case study. In the end, the authors develop a conceptual blockchain risk management framework based on findings.

This study will broaden researchers' horizons regarding “blockchain in construction context” and “blockchain risk management.”

Furthermore, executives looking for blockchain-based solutions can benefit from research findings and lessons learned from this case study before decision-making. Lastly, the risk assessment model based on trapezoidal OPA-F can be used both for research purposes and industrial decision problems.

To the best of the authors’ knowledge, it is for the first time that the OPA-F is employed in a risk assessment model. Also, the original OPA-F is extended to trapezoidal OPA-F using trapezoidal fuzzy numbers, and it is the first attempt to evaluate blockchain risks facing construction organizations and develop a blockchain risk management framework accordingly.