Today's consumer goods markets are rapidly evolving with significant growth in the number of information media as well as the number of competitive products. In this environment, obtaining a quantitative grasp of heterogeneous interactions of firms and customers, which have attracted interest of...

Panic buying is a consumer behavior caused by negative emotions and social influences after a disaster. This study identifies (1) how panic buying occurs over time and (2) who panic buys. Based on the theoretical background of the behavioral and emotional nature of panic buyers, we conducted...

Applied Probability and Stochastic Processes is an edited work written in honor of Julien Keilson. This volume has attracted a host of scholars in applied probability, who have made major contributions to the field, and have written survey and state-of-the-art papers on a variety of applied...