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Given the promise of 3D printing, also known as additive manufacturing, some innovative consumer goods companies have started to experiment with such a technology for on-demand production. However, the potential impact of 3D printing on retail and supply chain operations is not well understood....
Persistent link: https://www.econbiz.de/10011873067
This paper develops a novel analytical framework to study how firms should design a product by choosing its recyclability and price in markets where consumers care for the environment and make not only purchase but also disposal decisions when the product reaches end-of-life. Under a linear...
Persistent link: https://www.econbiz.de/10014256002
Persistent link: https://www.econbiz.de/10013488929
The multiple-choice nested knapsack problem (MCKP) is a generalization of the ordinary knapsack problem, where the set of items is partitioned into classes. The binary choice of selecting an item is replaced by taking exactly one item out of each class of items. Due to the fact that the MCKP is...
Persistent link: https://www.econbiz.de/10011558832
The generalized assignment problem (GAP) examines the maximum profit assignment of jobs to processors such that each job is assigned to precisely one processor subject to capacity restrictions on the processors. Due to the fact that the GAP is an NP-hard integer program dual prices are not...
Persistent link: https://www.econbiz.de/10011558833
In many markets, user benefits depend on participation and usage decisions of other users giving rise to network effects. Intermediaries manage these network effects and thus act as platforms that bring users together. This paper reviews key findings from the literature on network effects and...
Persistent link: https://www.econbiz.de/10011588693
We study the optimal pricing problem of a firm facing customers with limited attention and capability to process … firm's price optimization problem and characterize the pricing and revenue implications of customer's limited attention. We … heterogeneity, and study extensions such as multiple products, competition, and joint inventory and pricing decisions. We also show …
Persistent link: https://www.econbiz.de/10011595110
study evaluates the quantitative importance of idiosyncratic pricing shocks in short-run aggregate price change dynamics …. Robustly to alternative definitions of the relative price, identification schemes dictated by two-sided (S,s) pricing theory …
Persistent link: https://www.econbiz.de/10011604347
This paper investigates the market pricing of subprime mortgage risk on the basis of data for the ABX.HE family of … introduction into ABX index mechanics and a discussion of historical pricing patterns, we use regression analysis to establish the … for the inappropriateness of pricing models that do not sufficiently account for factors such as risk appetite and …
Persistent link: https://www.econbiz.de/10011605102
Firms commonly run field experiments to improve their freemium pricing schemes. However, they often lack a framework … structuring existing knowledge on freemium pricing into a stylized framework. We apply the proposed framework in the analysis of a … field experiment that contrasts three variations of a freemium pricing scheme and comprises about 300,000 users of a …
Persistent link: https://www.econbiz.de/10011611256