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Online retailers often offer free shipping threshold policies: customers who purchase more than a threshold amount are not charged an additional fee for shipping. This paper provides a data-driven analytical model to (i) assess the profitability of a retailer’s current shipping threshold...
Persistent link: https://www.econbiz.de/10014111343
Automobile manufacturers in the U.S. supply chain exhibit significant differences in their days-of-supply of finished vehicles (average inventory divided by average daily sales rate). For example, from 1995 to 2004, Toyota consistently carried approximately 30 fewer days-of-supply than General...
Persistent link: https://www.econbiz.de/10012713054
What is the relationship between inventory and sales? Clearly, inventory could increase sales: expanding inventory creates more choice (options, colors, etc.) and might signal a popular/desirable product. Or, inventory might encourage a consumer to continue her search (e.g., on the theory that...
Persistent link: https://www.econbiz.de/10012974206
Persistent link: https://www.econbiz.de/10012022633
The authors report experiments on how players select among multiple Pareto-ranked equilibria in a coordination game. Subjects initially choose inefficient equilibria. Charging a fee to play (which makes initial equilibria money-losing) creates coordination on better equilibria. When fees are...
Persistent link: https://www.econbiz.de/10005814923
Abstract Perishable capacity is often sold before it is used (e.g., tickets sold weeks before a sporting event) which creates the opportunity to include in the pricing mechanism a recourse strategy, i.e., allowing the firm or buyer to change ownership after an initial transaction. For example, a...
Persistent link: https://www.econbiz.de/10012851549
Online service platforms that enable customers to connect with a large population of independent servers have been successfully developed in many sectors, including transportation, lodging, and delivery, among others. We ask a basic, yet fundamentally important, question - who should set the...
Persistent link: https://www.econbiz.de/10013322046
Problem definition: Due to the Shelby County v. Holder Supreme Court ruling in 2013, Georgia was no longer required to get federal preclearance for changes to its voting processes. In response, county election administrators throughout Georgia modified their voting practices between the 2012 and...
Persistent link: https://www.econbiz.de/10014262431
Using a proprietary dataset, we analyze the impact of the implementation of a “buy-online, pickup-in-store” (BOPS) project. The implementation of this project is associated with a reduction in online sales and an increase in store sales and traffic. These results can be explained by two...
Persistent link: https://www.econbiz.de/10014040132
Millions of nanostores serve bottom-of-the-pyramid consumers in emerging markets. Their suppliers, consumer packaged goods (CPG) companies, struggle with high operational costs that largely stem from shopkeepers’ liquidity constraints. We empirically investigate whether suppliers can improve...
Persistent link: https://www.econbiz.de/10014078577