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Around the start of this new millennium, scholars in the operations management/operations research field started to make important contributions to the study of price competition models. In this tutorial, we review these contributions, and partition them into five broad areas. Most of the...
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Existing literature on dealer liquidity provision and inventory management has focused on dealer inventory costs. I uncover a new inventory benefit channel: dealers strategically build inventory in order to compete for market share. I assess the relative impact of the inventory benefit and costs...
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Established findings suggest that strategic inventory may alleviate double marginalization and improve the efficiency of a decentralized distribution channel. In this paper, we examine the effect of strategic inventory in the presence of chain-to-chain competition. We show that as the...
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