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We consider a single-server scheduling problem given a fixed sequence of job arrivals with random no-shows and service durations. The joint probability distribution of the uncertain parameters is assumed to be ambiguous and only the support and first moments are known. We formulate a class of...
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Firms offer a variety of products to meet different customer needs. In many horizontally differentiated markets, prices are stable and firms make infrequent adjustment to their product lines. While prior research focuses on product line design, we investigate how firms should allocate their...
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Paid placement, where advertisers bid payments to a search engine to have their products appear next to keyword search results, has emerged as a predominant form of advertising on the Internet. This paper studies a product-differentiation model where consumers are initially uncertain about the...
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We find strong evidence that analysts tend to have downward-biased earnings estimates immediately before merger announcement dates when earning announcement date is within a 60 day window prior to merger announcement date. Compared to pure stock deals, acquirer stocks in cash-only deals tend to...
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