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, holding and setups costs. The consumers' demand in each channel is represented by attraction demand models which include the … multinomial logit (MNL), multiplicative competitive interaction (MCI) and linear demand models. The addressed problem is …
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We model a market, such as an online software market, in which an intermediary connects sellers and buyers by displaying sellers' products. With two vertically-differentiated products, an intermediary can place either: (1) one product, not necessarily the better one, on the first page, and the...
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