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In low-density rural areas, implementing traditional public transportation can be challenging due to the first-and-last-mile problem. With the development of transformative technologies, an online ride-sharing platform can be a solution to address the rural mobility problem by offering on-demand...
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Online marketplaces (OMs) operate as intermediaries connecting sellers to consumers. An OM typically determines the assortment of the sellers displayed on its platform and charges commission fees on the sales of selected sellers to maximize its expected revenue. Each selected seller, to maximize...
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We consider a risk sharing problem in which agents pool their random costs together and seek an allocation rule to redistribute the risk back to each agent. The problem is put into a cooperative game framework and we focus on two salient properties of an allocation rule: stability and...
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