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We study a sequential resource allocation problem balancing fairness and efficiency for nonprofit operations. (Un)fairness is measured by the expected maximum demand shortfall among all communities, and (in)efficiency is measured by the expected remaining resources after allocation. We prove...
Persistent link: https://www.econbiz.de/10014085695
We study how the procurement process may help a buyer reduce purchasing costs under a dual-sourcing setting. First, we analyze the equilibrium outcomes when the buyer simultaneously or sequentially bilaterally negotiates with the suppliers. We establish coordination results and characterize the...
Persistent link: https://www.econbiz.de/10012898991
Academic/Practical Relevance: Our intent is to identify the underlying factors and develop an order assignment policy that can help an on-demand meal delivery service platform to grow.Methodology: By analyzing transactional data obtained from an online meal delivery platform in Hangzhou (China)...
Persistent link: https://www.econbiz.de/10012861257
Advertising is a major revenue source for e-commerce platforms and an important online marketing tool for e-commerce sellers. In this paper, we explore dynamic ad allocation with limited slots upon each customer arrival for e-commerce platforms when customers follow a choice model when clicking...
Persistent link: https://www.econbiz.de/10014101701
Problem Definition: Cash transfer programs (CTPs) have spread in the last decade to help fight extreme poverty in different parts of the world. A key issue here is to ensure that the cash is distributed to the targeted beneficiaries in an appropriate manner to meet the goals of the programs. How...
Persistent link: https://www.econbiz.de/10014085319
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Facing fierce competition from rivals, sellers in online marketplaces are eager to improve their sales by delivering items faster and more reliably. Because logistics quality can be known only after a transaction, sellers must identify effective ways to communicate logistics information to...
Persistent link: https://www.econbiz.de/10014096135
This paper examines different car-sharing models offered by ride-hailing firms. In the traditional car-hailing model, customers are served individually by taxis or private cars. In the sharing-only model, all customers are willing to share the ride with other customers. In the hybrid model,...
Persistent link: https://www.econbiz.de/10012925233
A principal has n homogeneous objects to allocate to I n agents. The principal can allocate at most one good to an agent and each agent values the good. Agents have private information about the principal's payoff of allocating the goods. There are no monetary transfers but the principal can...
Persistent link: https://www.econbiz.de/10012848862