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Investments in brand provide one method for vendors to become known and convince potential customers that vendors will deliver as promised. Alternatively, third-party information on retailers' existence, as well as whether they tend to keep their commitments can serve a similar function and may...
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With the rapid development of online shopping in China, efficient inventory replen- ishment is crucial to ensure fast product delivery. This paper addresses a multi- period multi-item inventory replenishment problem in an e-commerce company. Different from the traditional predict-then-optimize...
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In automobile insurance, the “contract timing effect” under Bonus-Malus System - there are fewer and fewer claims as time approaches to the end of a contract year - would bias the test of moral hazard. While the Expected Utility model cannot explain this phenomenon, we aim to unravel it by a...
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