Since the development of the Internet, thousands of manufacturers have been referring consumers visiting their websites to some or all of their retailers. Through a model with one manufacturer and two heterogeneous retailers, we investigate whether it is an equilibrium for the manufacturer to...

The literature has shown that supply chain performance is affected by the allocation of inventory risk. Conventionally, a pull supply chain generates a higher optimal order quantity and hence higher supply chain profit than a push supply chain when firms are risk neutral. Extended from the...

Online discount voucher market In the discount voucher market, customers usually face two types of valuation uncertainty, namely, preference uncertainty and consumption state uncertainty. Preference uncertainty is related to the customer's lack of relevant experience with the merchant, whereas...

Problem definition: Observing the retail industry inevitably evolving into omnichannel, we study an offline-channel planning problem that helps an omnichannel retailer make store location and location-dependent assortment decisions in its offline channel to maximize profit across both online and...

Porter's 2001 'strategy and the Internet' paper is a key article in the field of on-line strategy. This paper assesses Porter's views in the light of current and past developments. Porter's paper, whilst still thought provoking in many ways, now shows some weaknesses, and in places is no longer...

This dissertation includes three essays on hedging the interest rate and credit risks of Mortgage-Backed Securities (MBS).Essay one addresses the problem of how to efficiently estimate interest rate sensitivity parameters of MBS. To do this in Monte Carlo simulation, we derive perturbation...

This paper discusses existing problems in protecting rights and interests of land-expropriated farmers during urbanization, such as those farmers failure to obtain benefits from land increment, difficult employment and imperfect social security system. Reasons for losses of farmers’...