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We model a single-supplier, 73-store supply chain as a dynamic discrete choice problem. We estimate the model with transaction-level data, spanning 3,251 products and 1,370 days. We find two interrelated phenomena: the bullwhip effect and ration gaming. To establish the bullwhip effect, we show...
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When an unreliable supplier serves multiple retailers, the retailers may compete with each other by inflating their order quantities in order to obtain their desired allocation from the supplier, a behavior known as the rationing game. We introduce capacity information sharing and a capacity...
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Preface -- Stream I: Continuous Optimization and Control -- Stream II: Discrete Optimization, Graphs and Networks -- Stream III: Decision Analysis, Decision Support -- Stream IV: Energy, Environment and Climate -- Stream V: Financial Modeling, Risk Management, Banking -- Stream VI: Game Theory,...
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We consider a dual channel supply chain in which a manufacturer sells a single product to end-users through both a traditional retail channel and a manufacturer-owned direct online channel. We adopt a commonly used linear demand substitution model in which the mean demand in each channel is a...
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