Showing 1 - 10 of 39
We study how a high quality service firm selects a service rate differently than a low quality service firm when the firm cannot communicate its service value or service rate to its customer base. As a result, potential customers may take the queue length upon arrival into account when assessing...
Persistent link: https://www.econbiz.de/10014046266
We study how the seat value perceived by consumers, after attending an event in a theater/stadium, depends on the location of their seat relative to the stage/field. We develop a measure of perceived seat value, called Seat Value Index, and relate it to seat location characteristics and consumer...
Persistent link: https://www.econbiz.de/10014217035
We study how rational customers choose between two congested service facilities with finite buffer space and unknown service value when waiting is expensive. Customers observe an imperfect private signal indicating which service facility may provide more service value, as well as the queue...
Persistent link: https://www.econbiz.de/10014220684
We explore customer choice behavior when they face a choice between service providers of unknown service value. Customers arrive according to a Poisson process to the market. Service times are exponentially distributed with the same rate at each service provider. Both the service providers are...
Persistent link: https://www.econbiz.de/10014222658
We examine the value of price commitment in a nonprofit organization using individual level purchases over a series of concert performances. To decide on a pricing policy, the performing arts organization must be able to accurately measure when each ticket will be sold and what type of audience...
Persistent link: https://www.econbiz.de/10012971835
Problem Definition: Customers arriving at a service provider are faced with a queue. On joining the queue, they get to observe the service speed while waiting in the queue. They renege if the updated wait times are too long. When and how should a revenue-maximizing service provider share service...
Persistent link: https://www.econbiz.de/10012907426
Fulfillment by Platform (FBP) has been widely adopted by many e-commerce sellers. Despite providing better service to customers, recently platforms have come under antitrust scrutiny, with concerns ranging from data usage to retail competition. We examine whether the mere adoption of fulfillment...
Persistent link: https://www.econbiz.de/10013225445
Platforms have come under criticism from regulatory agencies, policymakers, and media scholars for the unfettered spread of fake news online. A key concern is that, as fake news becomes prevalent, individuals may fall into online "echo chambers" that predominantly expose them only to fake news....
Persistent link: https://www.econbiz.de/10014030555
We study a single queue joining equilibrium when there is uncertainty in the consumers' minds about the service rate and value. Without such uncertainty, the joining equilibria are characterized by means of a single threshold queue length above which consumers do not join (Naor, 1969). We show...
Persistent link: https://www.econbiz.de/10013113521
Persistent link: https://www.econbiz.de/10003962301