Faculty Profile

Phillip J Lederer

Associate Professor of Operations Management

Email: phil.lederer@simon.rochester.edu

Phone: 585.275.3368

Office: 3-306C Carol Simon Hall

SSRN

Bio

Phillip J Lederer has taught and researched operations management at the University of Rochester since August 1984.

Teaching Interests

Operations Management, Operations Strategy, <br>Service operations, Negotiating and bargaining<br>and Game theory<br>

Research Interests

Professor Lederer has research interests in operations management and its integration with economic theory. His current research focuses on three areas: the financial justification of manufacturing technology, performance evaluation in operations and competition in network-based industries. His work has appeared in Econometrica, the International Journal of Flexible Manufacturing Systems, the Journal of Manufacturing and Operations management, the Journal of Operations Management, Operations Research, Operations Research Letters, Regional Science and Urban Economics and Transportation Science. Lederer is associate editor of the International Journal of Production Economics and an occasional referee for Econometrica, the Journal of Accounting and Economics, Management Science, Operations Research and the Review of Economic Studies.

Professional History

Associate Professor of Operations Management

University of Rochester Simon School of Business, Rochester NY

July 1990 -

Assistant Professor of Operations Management

University of Rochester Simon School of Business, Rochester NY

July 1984 - June 1990

Visiting Professor (Center for Operations Research and Economics)

Catholic University of Louvain, Belgium

September 1986 - October 1986

Assistant Professor of Business Administration

University of Virginia Darden Graduate School of Business, Charlotteville VA

September 1981 - August 1984

Instructor of Management Science

Loyola University of Chicago, Chicago IL

September 1977 - June 1981

Education

Northwestern University - 1980

Applied Mathematics

Northwestern University - 1980

Ph D

Applied Mathematics

SUNY-Stony Brook - 1970

Physics

Publications

2020

Location-Price Competition with Delivered Pricing and Elastic Demand

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Networks and Spatial Economics

Volume: 20

Issue: 2

2019

Economics of Information Processing in Operations Organization

Contribution Type: Conference Proceeding

Journal/Publisher/Proceedings Publisher: 52nd Hawaii International Conference on System Sciences (HICSS)

2016

Do Improvement Programs Complement Each Other

Contribution Type: Book, Chapter in Scholarly Book-New

Journal/Publisher/Proceedings Publisher: Springer

Download the PDF: https://www.simon.rochester.edu/faculty_research_pdf/phil.lederer/intellcont/Lederer. Do Improvement Programs Complement-1.pdf

2012

Uniform Delivered Pricing

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Journal of Regional Science

Volume: 52

Issue: 4

2012

Eliciting a Customer's Demand Distribution in a Service Setting

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Decision Sciences, April 2012

Volume: 43

Issue: 2

2011

Competitive delivered pricing by mail-order and internet retailers

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Networks and Spatial Economics

Volume: 11

Issue: 2

2010

Pricing Policy Choice by Internet Retailers

Contribution Type: Conference Proceeding

Journal/Publisher/Proceedings Publisher: Refereed Conference Proceedings: HICSS, Hawaii

2006

Retail Bank Services Strategy: A Model of Traditional, Electronic and Mixed Distribution Choices

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Annals of Information Systems

Volume: 1

Issue: in Managing in the Information EconomyCurrent Research Issuesin the series

2006

Retail Bank Services Strategy: A Model of Traditional, Electronic and Mixed Distribution Choicces

Contribution Type: Book, Chapter in Scholarly Book-New

Journal/Publisher/Proceedings Publisher: Managing in the Information Economy Current Research Issues in the series Annals of Information Systems

Volume: 1

Issue: December 2006

2005

Economic Evaluation of Scale Dependent and Irreversible Technology Investments

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Production and Operations Management

Volume: 14

Issue: 1

2003

A Model of Competitive Delivered Spatial Pricing

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Network and Spatial Economics

2001

Retail Bank Distribution Choice

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Journal of ManagementInformation Systems

2000

Branch Bank Network Structure With Electronic Transactions Considerations

Contribution Type: Conference Proceeding

Journal/Publisher/Proceedings Publisher: Proceedings of the 33rdHawaii International Conference on System Science-2000

1998

Airline Network Design

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Operations Research

1997

Pricing, Production, Scheduling and Delivery-Time Competition

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Operations Research

1997

“Introduction to the Volume,” Practice of Quality Management

Contribution Type: Book, Chapter in Scholarly Book-New

Journal/Publisher/Proceedings Publisher: Kluwer Academic Publishers

1995

Economics of Total Quality Management

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Journal of Operations Management

1994

Competitive Delivered Pricing and Production

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Regional Science and Urban Economics, 1994; reprinted in The Economics of Location, 1993

1994

Predicting The Winner's Curse

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Decision Sciences

1994

The Effect of Financing Decisions on the Choice of Manufacturing Technologies

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: International Journal of Flexible Manufacturing Systems

1993

A Competitive Network Design Problem with Pricing

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Transportation Science

1993

Airline Scheduling and Routing in a Hub and Spoke System

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Transportation Science

1990

Choosing Production Control and Cost Accounting Systems

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Measures for Manufacturing Excellence, Harvard Business School Press

1990

Competitive Location on Networks Under Delivered Pricing

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Operations Research Letters

1988

Effect of Cost Structure and Demand Risk in the Justification of New Technologies

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Journal of Manufacturing and Operations Management

1987

Management Applications of Game Theory

Contribution Type: Book, Chapter in Scholarly Book-New

Journal/Publisher/Proceedings Publisher: Pergamon Press, Oxford

Issue: M.K. Singh

1986

Competition of Firms: Discriminatory Pricing and Location

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Econometrica, 1986; reprinted The Economics of Location, 1993

1986

Duopoly Competition in Networks

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Annals of Operations Research

1985

Spatial Duopoly with Discriminatory Pricing

Contribution Type: Journal Article, Academic Journal

Journal/Publisher/Proceedings Publisher: Regional Science and Urban Economics

Current Research Programs

Capital Budgeting, Project Choice and Managerial Incentives

A major interface between finance and operations is a firm’s capital justification process for investments, by which we mean the set of activities to evaluate and approve a project proposal, and to tie the project’s performance to managers’ incentives. We study how project choice and inherent project risk interacts with agency problems associated with managers who propose and execute projects. This is important for operations projects due to today’s rapidly changing markets and by technological change. Our main insight is that even for a risk-neutral firm, riskier projects are less profitable because they are associated with higher costs of providing incentives to managers.

Working title: Eliciting an uncertain demand distribution using pricing

This paper makes two contributions. First, we compute the optimal two part pricing strategy for a firm faced by heterogenous customers each with uncertain demands. Second, a great aid to the goal of profit maximization is more information about the customer’s uncertain demands. This paper explores both question by finding the optimal two part pricing strategy that also causes customers to report their best information about the distribution of its demand. I