In Gentzkow and Kamenica (2014), authors introduce a payoff function of the sender so that the concavification approach, which is introduced in Kamenica and Gentzkow (2011), can be applied to the scenario with costly signals. We find that this payoff function has an error and we provide the...

This paper explores the impacts of a novel business strategy, termed as platform integration, which provides a new option for customers to simultaneously request on-demand rides from multiple ride-sourcing platforms through a third-party integrator. Platform integration may strengthen platform...

Customer panic buying behaviors have been widely observed in recent years, especially when there is supply disruption risk. We study how a profit-maximizing retailer or a welfare-maximizing government can use information design to effectively influence customer behaviors. We use the Bayesian...

We consider service competition between two platforms, who are assumed to be farsighted, i.e., they consider the chains of reactions following their initial deviation. We first investigate the one-sided competition where the supply-side capacities of two platforms are fixed and then proceed to...

To contain healthcare cost and improve quality, there is an on-going debate regarding the impact of different reimbursement schemes on patient welfare. In this paper, we examine two commonly used reimbursement schemes: (1) a Fee-For-Service (FFS) reimbursement scheme under which health care...

We consider strategic behavior and the socially optimal requirements for customers to place duplicate orders with the intention of speeding up their service. We first study a situation in which customers place duplicate orders in a one-server, random order service system. We demonstrate that...

Consider a supply chain with an original equipment manufacturer (OEM) that designs and sells an innovative product and a contract manufacturer (CM) that produces the product for the OEM under a wholesale price contract. The demand is random and its mean is unknown, which can be uncovered, at...

This paper summarises the developments of road pricing in USA and Canada.

This paper summarises the MC-ICAM project case studies of phased implementation of road pricing in Paris, Brussels, Helsinki and Oslo.