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Problem definition: We study a joint product framing and order fulfillment problem with both inventory and cardinality …
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We investigate whether online travel agents (OTAs) assign hotels worse positions in their search results if these set lower hotel prices at other OTAs or on their own websites. We formally characterize how an OTA can use such a strategy to reduce price differentiation across distribution...
Persistent link: https://www.econbiz.de/10011959894
We investigate whether online travel agents (OTAs) assign hotels worse positions in their search results if these set lower hotel prices at other OTAs or on their own websites. We formally characterize how an OTA can use such a strategy to reduce price differentiation across distribution...
Persistent link: https://www.econbiz.de/10011897506
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The rank list model is a general non-parametric choice model that provides an intuitive and flexible framework to capture rational consumers' preferences. The rank list model assumes that each customer has a fixed and consistent preference ranking over all products and chooses the product that...
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in oligopoly models of repeated price competition. We investigate the impact of ranking systems, a common feature of … Artificial Intelligence (deep Q-learning) in a workhorse duopoly model of repeated price competition in the presence of product …
Persistent link: https://www.econbiz.de/10014030633