Xu, Lei; Li, Yongjian; Govindan, Kannan; Xu, Xiaolin - In: European Journal of Operational Research 242 (2015) 1, pp. 88-99
This paper considers returns policies under which consumers’ valuation depends on the refund amount they receive and the length of time they must wait after the item is returned. Consumers face an uncertain valuation before purchase, and the realization of that purchase's value occurs only...