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The paper provides a comprehensive review of the recent development of revenue management in different industries. We discuss research on different revenue management strategies including pricing, auctions, capacity control, overbooking and forecasting. Related issues such as economic concerns,...
Persistent link: https://www.econbiz.de/10005543620
The paper provides a comprehensive review of the recent development of revenue management in different industries. We discuss research on different revenue management strategies including pricing, auctions, capacity control, overbooking and forecasting. Related issues such as economic concerns,...
Persistent link: https://www.econbiz.de/10008539497
In this paper, we examine two-level and three-level supply chains for a midsize US newspaper in the Midwest that delivers to households and businesses in over 200 zip codes that span across various states. We formally define this problem as an integrated newspaper production and distribution...
Persistent link: https://www.econbiz.de/10008521403
We show that, in markets with indivisibilties (typified by the Shapley-Scarf housing market), the strict core mechanism is categorically determined by three assumptions: individual rationality, Pareto optimality and strategy-proofness.
Persistent link: https://www.econbiz.de/10005375563
Persistent link: https://www.econbiz.de/10005413607
Persistent link: https://www.econbiz.de/10005413630
Persistent link: https://www.econbiz.de/10010935871
We document a reliable positive relation between excess volatility and the cross-section of stock returns over the sample period of 1963 to 2010. Significantly positive differentials have been found between the two decile portfolios with the largest and the least excess volatility, under all the...
Persistent link: https://www.econbiz.de/10010753548
This paper studies the job matching market in Kelso and Crawford(1982) with one exception that co-workers may generate utility or disutility in the workplace. We provide a simple idea to show how a great number of sufficient condiions for a nonempty core in the literature can be extended to this...
Persistent link: https://www.econbiz.de/10005588320
Consider a society with a finite number of individuals. A coalition structure is a partition of the set of individuals. Each individual has personal preferences over the set of all coalition structures. We study the strategy proof core and von Neumann and Morgenstern (vN&M) solutions. A roommate...
Persistent link: https://www.econbiz.de/10005746186