Showing 1 - 10 of 39
Studies in newsvendor decision-making have shown that human decisions systematically deviate from analytical solutions found in many utility models of the single period problem (SPP). Yet for the most part the impacts of this human decision bias in systems of newsvendor type products have not...
Persistent link: https://www.econbiz.de/10009475843
This thesis studies the impact of sequential auction design on participant behavior from both a theoretical and an empirical viewpoint. In the first of the two analyses, three sequential auction designs are characterized and compared based on expected profitability to the participants. The...
Persistent link: https://www.econbiz.de/10009475746
In markets where suppliers experience learning by doing over time or, more generally, economies of scale in production, buyers are auctioning off longer-term contracts with an eroding price policy. Under an eroding price contract, the buyer initially competitively awards production to the...
Persistent link: https://www.econbiz.de/10009475841
This study investigates the revenue performance of choice-based revenue management (RM) systems in various business environments. Previous research conducted using simulated data suggests that incremental revenue gains of up to 15% are to be expected when choice-based RM techniques are employed....
Persistent link: https://www.econbiz.de/10009475893
A Reverse Production System (RPS) is a network of transportation logistics and processing functions that collects, refurbishes, and demanufactures for reuse/recycle used or end-of-life products. In this thesis, I focus on the RPS strategic decisions of a processor and collectors when the...
Persistent link: https://www.econbiz.de/10009475936
This dissertation contains two topics in operations research. The first topic is to design a distribution network to facilitate the repeated movement of shipments from many origins to many destinations. A method is developed to estimate transportation costs as a function of the number of...
Persistent link: https://www.econbiz.de/10009475970
This thesis includes three self-contained projects:In the first project Bidding strategies and their impact on the auctioneer's revenue in combinatorial auctions, focusing on combinatorial auctions, we propose a simple and efficient model for evaluating the value of any bundle given limited...
Persistent link: https://www.econbiz.de/10009476016
We consider the problem of capacity expansion in telecommunication networks under uncertain economic conditions with various market structures. We assume that the demands for network capacity have constant price-elasticity, and demand functions are parameterized by an economic condition that is...
Persistent link: https://www.econbiz.de/10009476050
This thesis studies two related topics in liner shipping. The first topic is the contract pricing problem for container carriers. The second part studies the interaction of the longer term contracts and the spot markets/exchanges for the same goods/services.Most containerized freight is...
Persistent link: https://www.econbiz.de/10009476115
In this thesis an algorithm (MLOPT) for mixed logit models is proposed. Mixed logit models are flexible discrete choice models, but their estimation with large datasets involves the solution of a nonlinear optimization problem with a high dimensional integral in the objective function, which is...
Persistent link: https://www.econbiz.de/10009476125