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 …

We study how rework routing together with wage and piece rate compensation can strengthen incentives for quality …. Traditionally, rework is assigned back to the agent who generates the defect (in a self routing scheme) or to another agent … dedicated to rework (in a dedicated routing scheme). In contrast, a novel cross routing scheme allocates rework to a parallel …

The purpose of this paper is to introduce a novel family of games related to congested networks. Traffic routing has …