In this study, we investigate the impact of the seaport on host city’s economic development. Based on data from 41 major port cities in China over the period 2003–2010, our econometric analysis shows that port cargo throughput has a positive effect on the economic growth of the host city. In...

As an economic corridor, the Silk Road Economic Belt (SREB) connects the East to Western nations, where carbon emissions are gradually becoming severe. This study aims to provide solutions for dealing with carbon emissions from the transportation of the SREB in the Chinese range. By employing...

Simulating the adsorption behavior of Sb(V) on goethite is of great significance for predicting the mobility of Sb(V) in soil. However, there is still a lack of charge distribution and multisite surface complexation (CD-MUSIC) models that conform to the actual adsorption mechanism. Therefore,...

Price competition for retailers has been extensively studied in the literature assuming the objective of (expected) profit maximization. In this paper, we make a major contribution by studying price competition for retailers with both profit and revenue targets. Consequently, each retailer...

In the retail industry, stockouts have a significant effect on a firm׳s profitability. When a stockout takes place, retailers often apply one of two strategies to resolve the issue – placing an emergency order with their supplier or arranging a lateral transshipment with a nearby partner...

Manufacturers have increasingly instituted widespread mail-in rebate programs in recent years. Two primary purposes for rebates are to: (1) more directly impact consumer demand by reducing net retail price, and (2) capitalize on consumers' slippage behavior because not all consumers who intend...

This paper is the first to study pricing and target oriented decision making together in the newsvendor model. Specifically, this paper studies a newsvendor who decides on order quantity and selling price to maximize the probability of achieving both profit and revenue targets simultaneously....

Inventory competition for newsvendors (NVs) has been studied extensively under the objective of expected profit maximization which is based on risk neutrality. In this paper, we study this classic problem under the objective of profit satisficing which is based on downside-risk aversion....