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Under what circumstances will a seller be better of selling his inventory sequentially, rather than selling them all in a single auction? If buyers come sequentially, there is an obvious reason to sell items sequentially. However, we show that even (1) when all buyers are present at the...
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This study develops an analytical model to evaluate competing retail firms' sourcing strategies in the presence of supply uncertainty. We consider a common supplier that sells its uncertain supply to two downstream retail firms engaging in price competition in a horizontally differentiated...
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We examine competition between two-sided platforms in a sharing economy using ride sharing as an example. In this economy, drivers self-schedule their supply based on the wage they receive. The platforms compete for drivers as well as riders. To attract drivers, platforms have used diverse wage...
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The Internet and online retailing has disrupted traditional brick-and-mortar retailing immensely. In recent years, a hybrid omnichannel structure referred to as “New Retail” that promises to take advantage of the positive aspects of online and physical channels has emerged within the...
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Organizations face a competitive certification market for their statements, the statements do not convince third parties unless certified, the organizations are sometimes better served by a lie, and honest mistakes are possible. In our model of such a market: if certifiers are liable for...
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