Problem definition: We study the combined value of partial demand visibility and flexible capacity, two hedging mechanisms against demand uncertainty, when signing capacity contracts with temporal commitment. Academic/Practical Relevance: With new technological innovations, short commitment...

Problem Definition: Cost-effective resource allocation policies are important for public-sector and nonprofit organizations. Yet, for some allocation decisions in this context, quantifying costs is difficult, even impossible. Academic/Practice Relevance: Behavioral researchers have studied the...