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In this paper, I examine duopoly with multi-services, where firms offer delivery prices and mill prices at the same time, and each consumer chooses one of them. In the equilibria, firms specialize in delivery services even if their transport costs are higher than consumers'. This result is...
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The second part of the thesis focuses on a different stochastic problem of finding the optimal hedging points in a manufacturing flow control system. Our simulation-based method allows solving large scale systems that are considered very difficult to solve by current standards in the literature.
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