Pranab Majumder
Durham, North Carolina, United States
4K followers
500+ connections
About
Pranab teaches at the Fuqua and Pratt Schools at Duke University. His research area was…
Articles by Pranab
Activity
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So excited to share that I'm co-author of a book releasing with hopewriters this January 2025! It's entitled 'A Peaceful New Year' and I'm writing…
So excited to share that I'm co-author of a book releasing with hopewriters this January 2025! It's entitled 'A Peaceful New Year' and I'm writing…
Liked by Pranab Majumder
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To know me is to know my love for Duke University and Duke University - The Fuqua School of Business This past weekend felt like a “pinch me”…
To know me is to know my love for Duke University and Duke University - The Fuqua School of Business This past weekend felt like a “pinch me”…
Liked by Pranab Majumder
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Congratulations to #Greenberet Jesse Wright for his acceptance into Duke University - The Fuqua School of Business, #WEMBA27! It’s great seeing the…
Congratulations to #Greenberet Jesse Wright for his acceptance into Duke University - The Fuqua School of Business, #WEMBA27! It’s great seeing the…
Liked by Pranab Majumder
Experience
Education
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University of Rochester - Simon Business School
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Activities and Societies: Beta Gamma Sigma
Area: Operations Management
Thesis: Competition in Remanufacturing -
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Activities and Societies: Lord Zoom, 12-C, JBS, IIMages (student magazine) Co-Editor
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Activities and Societies: Counseling Service volunteer, Cultural Council Treasurer
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Publications
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A pragmatic clinical trial of hearing screening in primary care clinics: cost-effectiveness of hearing screening
Cost Effectiveness and Resource Allocation
Hearing loss is a high prevalence condition among older adults, is associated with higher-than-average risk for poor health outcomes and quality of life, and is a public health concern to individuals, families, communities, professionals, governments, and policy makers. Although low-cost hearing screening (HS) is widely available, most older adults are not asked about hearing during health care visits. A promising approach to addressing unmet needs in hearing health care is HS in primary care…
Hearing loss is a high prevalence condition among older adults, is associated with higher-than-average risk for poor health outcomes and quality of life, and is a public health concern to individuals, families, communities, professionals, governments, and policy makers. Although low-cost hearing screening (HS) is widely available, most older adults are not asked about hearing during health care visits. A promising approach to addressing unmet needs in hearing health care is HS in primary care (PC) clinics; most PC providers (PCPs) do not inquire about hearing loss. However, no cost assessment of HS in community PC settings has been conducted in the United States. Thus, this study conducted a cost-effectiveness analysis of HS using results from a pragmatic clinic trial that compared three HS protocols that differed in the level of support and encouragement provided by the PC office and the PCPs to older adults during their routine visits. Two protocols included HS at home (one with PCP encouragement and one without) and one protocol included HS in the PC office.
The cost-effectiveness analysis showed that the average cost per patient is highest in the patient group who completed the HS during their clinic visit, but the average cost per patient who failed the HS is by far the lowest in that group, due to the higher failure rate, that is, rate of identification of patients with suspected hearing loss. Estimated benefits of HS in terms of improvements in quality of life were also far greater when patients completed the HS during their clinic visit.
Providing HS to older adults during their PC visit is cost-effective and accrues greater estimated benefits in terms of improved quality of life. -
The Basis of Organization: Cells, Humans and Multi-Humans
Pranab Majumder
“Organizations” exist across different scales- molecules, viruses, single cells, multi-cellular living beings, and business firms. Building on the knowledge developed in basic sciences and social sciences, we present a framework to understand the similarities in the long-term strategies of all organizations. These similarities also guide the actions of both humans and groups of humans- companies, social movements and countries.
We start with the nature of competition. The largest source…“Organizations” exist across different scales- molecules, viruses, single cells, multi-cellular living beings, and business firms. Building on the knowledge developed in basic sciences and social sciences, we present a framework to understand the similarities in the long-term strategies of all organizations. These similarities also guide the actions of both humans and groups of humans- companies, social movements and countries.
We start with the nature of competition. The largest source of uncertainty for any being comes from the actions of others that are the most similar to it. For football players, it is other football players, including team-members who play in the same position. For companies, it is other similar-sized companies in the same industry and geography.
Is it better to cooperate rather than to compete? To lead a long and uneventful life, rather than a short and eventful one? This is why some of us cooperate and create organizations. However, we still need “safe” competitions to establish hierarchy and share rewards. These in-system competitions take real effort, but eliminate death (which happens in the “wild”). Nurture collegiate athletics. Buying paintings.
This framework also explains other related topics- symbiotic beings, predators, scavengers, and death. It is a lens through which to understand current and emerging super-organizations. It also provides a set of rules to guide long-term strategy at all scales. -
Leadership and Competition in Network Supply Chains
Management Science
This paper considers network supply chains with price dependent demand by modelling them as large acyclic networks. Such large networks are common in the automobile and apparel industries. We develop a model to analyze the effect of these large-scale problems involving long sequences of contracts, and show that contract leadership, as well as leader position in the network, affect the performance of the entire supply chain. We generalize Spengler (Spengler, J. 1950. Vertical integration and…
This paper considers network supply chains with price dependent demand by modelling them as large acyclic networks. Such large networks are common in the automobile and apparel industries. We develop a model to analyze the effect of these large-scale problems involving long sequences of contracts, and show that contract leadership, as well as leader position in the network, affect the performance of the entire supply chain. We generalize Spengler (Spengler, J. 1950. Vertical integration and anti-trust policy. J. Political Econom. 58 347–352) to a game on a “contract tree” for a particular supply chain and extend the concept of double marginalization so that it can be applied in the form of a transformation to each contract that is offered by one member to another in the “contract tree.” We construct an algorithm to find the equilibrium solution, and derive the optimal location of the leader (“optimal” being the leader location that maximizes total supply chain profits). Our work formalizes many intuitive insights; for example, member profits are determined by systemwide rather than individual costs. Finally, we model Cournot competition between competing supply chains (both two heterogeneous trees and multiple identical trees) and show the effect of changes in leader position as well as cost structure on the equilibrium.
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Leader Location, Cooperation and Coordination in Serial Supply Chains
Production and Operations Management Journal
In this paper we study multi-stage serial supply chains with price dependent deterministic demand and increasing marginal costs. We analyze the effect of contract leadership (i.e. the ability to offer wholesale price and two-part tariff contracts) on the supply chain performance and use that as a basis
to study coordination and cooperation. There is strong evidence of first-mover advantage in wholesale price contracting which is amplified when the chain is coordinated using two-part tariff…In this paper we study multi-stage serial supply chains with price dependent deterministic demand and increasing marginal costs. We analyze the effect of contract leadership (i.e. the ability to offer wholesale price and two-part tariff contracts) on the supply chain performance and use that as a basis
to study coordination and cooperation. There is strong evidence of first-mover advantage in wholesale price contracting which is amplified when the chain is coordinated using two-part tariff contracts. We analyze cooperation and the implications of leader location in uncoordinated chains. Our results demonstrate the importance of considering the entire sequence of successive contracts when assessing the performance of a supply chain. We find that in some cases an ineffcient supply chain may have a natural tendency to reduce ineffciency through cooperation between non-leader members.Other authors -
Competition in Remanufacturing
Production and Operations Management Journal
We present a two-period model of remanufacturing in the face of competition. In our model, an original equipment manufacturer (OEM) competes with a local remanufacturer (L) under many reverse logistics configurations for the returned items.
After establishing the Nash Equilibrium in the second period sub-game, we use numerical experiments for comparative statics. OEM wants to increase L's remanufacturing cost. Surprisingly, while L competes in the sales market, she has incentives to reduce…We present a two-period model of remanufacturing in the face of competition. In our model, an original equipment manufacturer (OEM) competes with a local remanufacturer (L) under many reverse logistics configurations for the returned items.
After establishing the Nash Equilibrium in the second period sub-game, we use numerical experiments for comparative statics. OEM wants to increase L's remanufacturing cost. Surprisingly, while L competes in the sales market, she has incentives to reduce OEM's remanufacturing cost.
A social planner who wants to increase remanufacturing can give incentives to the OEM to increase the fraction available for remanufacturing, or reduce his remanufacturing costs.
Keywords: remanufacturing, competition, reverse logisticsOther authors
Languages
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Hindi
Native or bilingual proficiency
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Bengali
Native or bilingual proficiency
More activity by Pranab
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Why UAE? And why Mashreq? Both great questions, María. Full podcast: https://lnkd.in/d6jYUHB2
Why UAE? And why Mashreq? Both great questions, María. Full podcast: https://lnkd.in/d6jYUHB2
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Excellent work team!! Varun Kapoor Pritesh Saparia Nitu Uppal Shivansh Sharma
Excellent work team!! Varun Kapoor Pritesh Saparia Nitu Uppal Shivansh Sharma
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The Role of Serendipity in Innovation Case studies of Hynix's win, anti-ageing failures, and quantum computing risks to discuss the perils of…
The Role of Serendipity in Innovation Case studies of Hynix's win, anti-ageing failures, and quantum computing risks to discuss the perils of…
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Today, I'm honored to share these awards with all of you, especially my Fox School of Business at Temple University community; i.e., my hard-working…
Today, I'm honored to share these awards with all of you, especially my Fox School of Business at Temple University community; i.e., my hard-working…
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Great opportunity to join Jennifer Oleksiw and Stephanie McCarty on stage at #RECUSTOMER2024 for a conversation on agile marketing strategies to…
Great opportunity to join Jennifer Oleksiw and Stephanie McCarty on stage at #RECUSTOMER2024 for a conversation on agile marketing strategies to…
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Had an amazing, action-packed, eventful day at the 16th annual Duke University Energy Conference 2024 at Duke university, Fuqua School of Business…
Had an amazing, action-packed, eventful day at the 16th annual Duke University Energy Conference 2024 at Duke university, Fuqua School of Business…
Liked by Pranab Majumder
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I'm pleased to share my recent article in the Harvard Business Review, “How Robust Is Your Climate Governance?” (co-authored with Lynn Paine). We…
I'm pleased to share my recent article in the Harvard Business Review, “How Robust Is Your Climate Governance?” (co-authored with Lynn Paine). We…
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This Veterans Day, I’m reminded that the military is, above all, a people-first organization. No matter the mission, it’s your soldiers—your greatest…
This Veterans Day, I’m reminded that the military is, above all, a people-first organization. No matter the mission, it’s your soldiers—your greatest…
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There’s no more prouder feeling than seeing your lil one blossom into a confident adult ! Kripa Gambhir, your ladder has many more rungs to climb and…
There’s no more prouder feeling than seeing your lil one blossom into a confident adult ! Kripa Gambhir, your ladder has many more rungs to climb and…
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I am grateful to have had the opportunity to connect with Stanford University Graduate School of Business’s Entrepreneurship class and appreciate…
I am grateful to have had the opportunity to connect with Stanford University Graduate School of Business’s Entrepreneurship class and appreciate…
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