Problem definition: Promoting successful first-time delivery is the key to optimizing last-mile operational revenue, especially in the home appliance retail business for costly return shipping. This paper investigates how to identify and explain the potential delivery failure of each order at...

This paper develops a reputation strategic model of monetary policy with a continuous finite or infinite time horizon. By using the optimal stopping theory and introducing the notions of sequentially weak and strong rational expectation equilibria, we show that the time inconsistency problem may...