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Online social network (OSN) websites are increasingly gaining attention from both researchers and practitioners as more and more people use OSN websites to express their opinions about products and services. Particularly for youth, OSN websites provide new avenues for self-expression,...
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selling season with stochastic demand and there are no additional opportunities to replenish inventory. There are many … salvage value: all inventory left over at the end of the season is sold off at a fixed per-unit price. The fixed salvage value … season: a deep discount should be taken if there is plenty of inventory remaining at the end of the season, whereas a shallow …
Persistent link: https://www.econbiz.de/10009218687
of dynamic pricing policies in retail and other industries, where the sellers have the ability to store inventory. Three … markets and its increasing adoption in practice, our focus is on dynamic (intertemporal) pricing in the presence of inventory …
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exclude advertisers with a low willingness to pay and distort the price and inventory from their system-efficient levels to …
Persistent link: https://www.econbiz.de/10010597671
Provision of real-time information by a firm to its customers has become prevalent in recent years in both the service and retail sectors. In this paper, we study a retail operations model where customers are strategic in both their actions and in the way they interpret information, whereas the...
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