A manufacturer can positively impact consumer utility by suggesting a manufacturer's suggested retail price (MSRP) that serves as a reference price. Thus, it seems puzzling that many manufacturers do not adopt MSRP in practice. In this paper, we offer a strategic explanation to this phenomenon...

This paper examines how strategic customer behavior impacts e-tailers' inventory storage location, pricing and inventory level decisions. We build a stylized model where an e-tailer either has only a central warehouse, or add a local warehouse and thus has both warehouses for inventory storage....

Regulators increasingly advocate traceability along food supply chains to better trace the source of unsafe products. Yet it is still unclear how traceability affects food safety. We investigate the impact of traceability and lot size on food safety and social welfare. We use a game-theoretical...