Buyout options allow bidders to instantly purchase at a specified price an item listed for sale through an online auction. A temporary buyout option disappears once a regular bid is submitted, while a permanent option remains available until it is exercised or the auction ends; such buyout price...

Buyout options allow bidders to instantly purchase at a specified price an item listed for sale through an online auction. A temporary buyout option disappears once a regular bid above the reserve price is made, while a permanent option remains available until it is exercised or the auction...

We examine the effect of bond Exchange‐Traded Funds (ETFs) on corporate bond liquidity. Using Propensity Score Matching and Difference‐in‐Differences techniques, we demonstrate that inclusion in ETFs is associated with a 10% reduction in transaction costs for high yield (HY) bonds and 4%...

Motivated by electronic commerce, this paper is a mechanism design study for sellers of multiple identical items. In the market environment we consider, participants are risk neutral and time-sensitive, with the same discount factor; potential buyers have unit demand and arrive sequentially...

Motivated by electronic commerce, this paper is a mechanism design study for sellers of multiple identical items. In the market environment we consider, participants are risk neutral and time-sensitive, with the same discount factor; potential buyers have unit demand and arrive sequentially...

Despite substantial financial aid from international donors for procurement of health products, stockouts of life-saving drugs related to prevalent infectious diseases are still widespread in Africa. Addressing the lack of research on why these stockouts occur, we study the relationship between...

Fast-fashion retailers such as Zara offer continuously changing assortments and use minimal in-season promotions. Their clearance pricing problem is thus challenging because it involves comparatively more different articles of unsold inventory with less historical price data points. Until 2007,...

Working in collaboration with Spain-based retailer Zara, we address the problem of distributing, over time, a limited amount of inventory across all the stores in a fast-fashion retail network. Challenges specific to that environment include very short product life cycles, and store policies...

Wave-based release policies are prevalent in warehouses with an automated sorter, and take different forms depending on how much waves overlap and whether the sorter is split for operating purposes. Waveless release is emerging as an alternative policy adopted by an increasing number of firms....

Dell's supply chain for desktops involves Asian vendors shipping components by sea to several U.S. plants. While suppliers are responsible for shipping enough inventory, Dell can re-route and expedite their shipments while in transit and also transfer on-hand inventory in order to balance supply...