Many financial markets operate as electronic limit order books under a price-time priority rule. In this setting, among all resting orders awaiting trade at a given price, earlier orders are prioritized for matching with contra-side liquidity takers. This creates a technological arms race among...

This paper documents the effects of last place aversion in queues and its implications for customer experiences and behaviors, as well as for operating performance. An observational analysis of customers queuing at a grocery store, and four online studies in which participants waited in virtual...

The deceased-donor kidney transplant candidates in the US are ranked according to characteristics of both the donor and the recipient. We seek the ranking policy that optimizes the efficiency-equity tradeoff among all such policies, taking into account patients' strategic choices. Our approach...

Purpose: Nowadays, governments and people pay more attention to use green products due to environmental pollution, irreplaceable energy and shortage of resources. Green products are resulted from the application of green supply chain management strategies to the organizations' performance...

The main objective of this work is to study the effects that supply and demand factors have on waiting lists. With this aim in mind, the authors discuss a model which explains the factors that can affect the production of healthcare, demand for healthcare, and finally, the inequalities between...

Recent evidence from large-scale field experiments has shown that employers use job candidates' unemployment duration as a sorting criterion. In the present study, we investigate the mechanisms underlying this pattern. To this end, we conduct a lab experiment in which participants make hiring...