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Persistent link: https://www.econbiz.de/10010461984
We study firms that sell multiple substitutable products and customers whose purchase behavior follows a Nested Logit model, of which the Multinomial Logit model is a special case. Customers make purchasing decision sequentially under the Nested Logit model: they first select a nest of products...
Persistent link: https://www.econbiz.de/10013066732
We study contracts between a single retailer and multiple suppliers of two substitutable products, where suppliers have fixed capacities and present the retailer cost contracts for their supplies. After observing the contracts, the retailer decides how much capacity to purchase from each...
Persistent link: https://www.econbiz.de/10012905067
We study dynamic price competition in an oligopolistic market with a mix of substitutable and complementary perishable assets. Each firm has a fixed initial stock of items and competes in setting prices to sell them over a finite sales horizon. Customers sequentially arrive at the market, make a...
Persistent link: https://www.econbiz.de/10012710905
Two-sided marketplaces have grown rapidly over recent years and are ubiquitous in daily life. One important challenge is to design the marketplace to support the sustainability and efficiency of the ecosystem. This paper investigates the roles of selling formats in a two-sided marketplace with...
Persistent link: https://www.econbiz.de/10014360821