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Demand analysis is one of the cornerstones of any supply chain management system, and most of the key operational … decisions in the supply chain rely on accurate demand predictions. Although there is a large body of academic literature … is that firms need to decide about thousands of products and the patterns of demand could be very different between them …
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) model and a two-stage demand model underlies the empirical results. The parameters in the model are check-out probability … variables implied by demand analysis. Via the probability of selecting a hotel, the empirical results indicate a substitution …
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The seminal work of Fudenberg and Tirole [Preemption and Rent Equalization in the Adoption of New Technology, Rev. Econ. Stud., 1985] on how preemption erodes the value of an option to wait raises general questions about the relation between models in discrete and continuous time and thus about...
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This paper develops and tests implications of an oligopoly-pricing model. The model predicts that during a demand …
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