While the existing literature has studied the impact of demand uncertainty extensively within various monopoly settings, there is little research on its impact among competitive retailers. In this paper, we study the effects of demand uncertainty reduction in a setting with two newsvendor...

Artificial intelligence (AI) has significantly changed the supply chain process. In this study, we study the effects associated with AI automation of the retailer’s order decision in a decentralized supply chain comprising one supplier and one regretful retailer. In the absence of AI...

Retail platforms have experienced a decade of explosive growth. This growth is accompanied by a huge amount of data from customers and sellers that enables many advanced business analytics techniques. As a result, the management of retail platforms equipped with business analytics has received...

The suggested retail price (SRP) is widely applied in various industries and product categories in practice, and it can serve as a reference price, which impacts a consumer's utility through reference effect. In this paper, we study a firm's decisions of whether and how the firm should set an...