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Analysis of customer switching behavior in omni-channel retailing
(Institute of Industrial and Systems Engineers, IISE, 2020)
Omni-channel retailing is a recent approach that allows customers to purchase products from anywhere and return them anywhere and allows retailers to fulfill orders from anywhere. This flexibility improves the customer ...
On the numerical schemes for Langevin-type equations
(Karaganda University, 2020)
In this paper, a numerical approach is proposed based on the variation-of-constants formula for the numerical discretization Langevin-type equations. Linear and non-linear cases are treated separately. The proofs of ...
Dynamic durable goods monopoly and market power
(MDPI, 2020-06)
We analyze a vertically differentiated market for an imperfectly durable good served by a monopolist in an infinite-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the ...
On existence of equilibrium under social coalition structures
(Springer, 2020)
In a strategic form game, a strategy profile is an equilibrium if no viable coalition of agents benefits (in the Pareto sense) from jointly changing their strategies. Weaker or stronger equilibrium notions can be defined ...
Dynamic price and lead time quotation strategies to match demand and supply in make-to-order manufacturing environments
(Springer, 2020)
We summarize the literature on dynamic quotation strategies under which a seller provides price and/or lead time quotes to a potential buyer, who then either accepts or rejects the quote. The goal of quotation strategies ...
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