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This paper studies a manufacturer that sells to a newsvendor retailer who can improve the quality of her demand information by exerting costly forecasting effort. In such a setting, contracts play two roles: providing incentives to influence the retailer's forecasting decision, and eliciting...
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In this paper, we develop a model for the adoption of solar photovoltaic technology by residential consumers. In particular, we assume consumers purchase these solar panels according to a discrete choice model. The technology adoption process is reinforced by network externalities such as...
Persistent link: https://www.econbiz.de/10014044135
We consider a supplier of style goods who sells his products through a single retailer. Previous research has shown that there exists a continuum of buy-back contracts which can induce the retailer to order the system optimal quantity. In this paper we show that when forecasting choice is...
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