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We consider a manufacturer that procures raw material through a long-term contract and spot markets to produce goods to be sold in a market that consists of risk-averse strategic consumers. To increase consumer demand and obtain demand information, the manufacturer may implement an advance...
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With the rise of big data technology, an online platform can easily gather customer information to engage in price discrimination and obtain additional profits. Whether to share information remains an unsolved strategy decision for the platform. We employ a game-theoretic model to characterize...
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