Showing 1 - 8 of 8
We consider a two-echelon supply chain with a manufacturer supplying to multiple downstream retailers engaged in differentiated Cournot competition. Each retailer has private information about uncertain demand. The manufacturer is the Stackelberg leader who sets the contract terms with the...
Persistent link: https://www.econbiz.de/10014236788
Persistent link: https://www.econbiz.de/10013361630
We consider a service firm that caters to price and delay sensitive customers by offering a menu of service grades. Each service grade is associated with posted price and delay. Noting that an optimal menu size could be quite large when there are many classes, we study whether the firm can offer...
Persistent link: https://www.econbiz.de/10012826329
Firms have more information than their customers about the availability of the product. Given the increase in the strategic nature of customers, who consider both prices with future availability risk in making their purchase decisions, the firm may be interested in communicating this information...
Persistent link: https://www.econbiz.de/10012869764
Persistent link: https://www.econbiz.de/10012146897
Persistent link: https://www.econbiz.de/10012435265
We argue that dynamic pricing motivated by the management of inventory holding and ordering costs leads to increased operational efficiencies which could benefit firms without hurting consumers. To demonstrate this point, we equip the traditional economic order quantity (EOQ) setting with a rich...
Persistent link: https://www.econbiz.de/10012934531
Persistent link: https://www.econbiz.de/10014471405