In early project phases, cross-functional collaboration is required to lead a capital project from an investment option to a full definition before its design and construction commenced. Given that many capital projects are large, complex, and take years to develop, for stakeholders to realize...

The posterior price matching policy, whereby a firm promises to reimburse the price difference to a customer who purchases a product before the firm marks it down, has been used in practice. The extensive literature has offered the following explanations why posterior price matching is adopted:...

Under the assumption of full rationality, the existing literature shows that self-interested individuals ignore the social benefit of protecting others when making vaccination decisions (positive externality), which results in social welfare loss. In this paper, we study the impact of individual...

With the proposal of the "double carbon" goal, the large-scale development of new energy has spawned the development of green card market. It is urgent to study and explore the formation mechanism of on grid electricity price suitable for new energy power generation under the "double carbon"...

Problem definition: The existing literature on probabilistic or opaque selling has largely focused on understanding why it is attractive to firms. In this paper, we intend to answer a follow-up question: How should opaque selling be managed in a firm's operations over time? Academic/practical...