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We consider two-echelon supply chains with one supplier and two retailers. Retailers are censored newsvendors facing general parametric demand distributions involving unknown parameters. Using a Bayesian MDP formulation, we investigate how the supplier can make use of the combined information...
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costs theory allow us to understand economic rent generation as a dynamic process. The current paper expands Foss and Foss …’ (2005) application of property rights theory in explaining economic value creation to include not only economizing on …
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