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Persistent link: https://www.econbiz.de/10005287308
We develop a model for optimal location of retail stores on a network. The objective is to maximize the total profit of the network subject to a minimum ROI (or ROI threshold) required at each store. Our model determines the location and number of stores, allocation of demands to the stores, and...
Persistent link: https://www.econbiz.de/10011264297
The location of a distribution center (DC) is a key consideration for the design of supply chain networks. When deciding on it, firms usually allow for transportation costs, but not supplier prices. We consider simultaneously the location of a DC and the choice of suppliers offering different,...
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We prove an asymptotic revenue equivalence among weakly asymmetric auctions with interdependent values, in which bidders have either asymmetric utility functions or asymmetric distributions of signals.
Persistent link: https://www.econbiz.de/10008494814
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We study a model of entrepreneurs who compete in an auction-like setting for venture capital (VC) funding in a setting where limited capital dictates that the VC can only finance the best entrepreneurs. With asymmetric information, VCs can only assess entrepreneurs by the progress of...
Persistent link: https://www.econbiz.de/10009275154
Preventive healthcare aims at reducing the likelihood and severity of potentially life-threatening illnesses by protection and early detection. The level of participation to preventive healthcare programs is a crucial factor in terms of their effectiveness and efficiency. This paper provides a...
Persistent link: https://www.econbiz.de/10004973612
We consider a coordinated location-inventory model where distribution centers (DCs) follow a periodic-review (R,S) inventory policy and system coordination is achieved by choosing review intervals at the DCs from a menu of permissible choices. We introduce two types of coordination: partial...
Persistent link: https://www.econbiz.de/10010574225