Households tend to hold substantial amounts of non-financial assets in the form of inventory. Households can obtain … this inventory management. We demonstrate that households earn high returns from inventory management at low levels of … inventory, though returns decline rapidly as inventory levels increase. We provide evidence using scanner and survey data that …

Households tend to hold substantial amounts of non-financial assets in the form of inventory. Households can obtain … this inventory management. We demonstrate that households earn high returns from inventory management at low levels of … inventory, though returns decline rapidly as inventory levels increase. We provide evidence using scanner and survey data that …

)-type inventory management problem successfully accounts for these features of the data. Moreover, the model can account for import … and import price dynamics in the aftermath of large devaluations. In particular, desired inventory adjustment in response …

marketing process, and a qualitative and quantitative analysis on the implications for the transportation and inventory costs …

areinfluenced by the inventory process. In this paper we thereforeput forward a model for consumption, where we rely on …

This article presents a dynamic pricing model of a retailer selling an inventory, accounting for consumer behavior. The … inventory on future profits. The dynamics of price do not have to imitate the dynamics of the reference price. Instead, the …

likely to occur and is greater in size in supply chains in which inventory control is centralized rather than decentralized …

The paper shows that taking inventory control out of the hands of competitive of exclusive retailers and assigning it … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and … thus allows for better intertemporal price discrimination. Assigning inventory control to a manufacturer is also shown to …