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Capacity adjustment and dynamic pricing are long-term and short-term decisions respectively to match supply with demand. In an environment where the demand is unknown to the firm, it is worth investigating how to integrate the two decisions such that the firm can learn about the demand on the...
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Digital technology policies beyond the traditional urban-rural dichotomy have become critical in economic and industrial integration. Few empirical studies examine the specific impact pathway of digital economy policy on urbanisation, especially urbanisation driven by the digital economy. This...
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We consider the optimal integrated capacity and financial hedging strategies for a downside risk-averse global firm that faces multiple demand and foreign exchange rate risks. The firm maximizes the expected profit while controlling its profit-risk through a Value-at-Risk (VaR) constraint, which...
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Problem Definition: A growing eco-trend among eco-conscious consumers is ``Bring-Your-Own-Container" (BYOC), where consumers take their own reusable packaging to buy and consume products to reduce the waste of single-use packaging. In this paper, we study the impacts of BYOC on a firm's...
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With increasing renewable energy penetration and the extension of the power system scale, accurate electricity price prediction has long become a challenging task. The complexity of electricity market information, insufficient model training, and the lack of model generalization ability limit...
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