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This paper studies the interaction between a genuine brand firm and a non-deceptive counterfeiter with endogenous quality and anti-counterfeiting effort decisions. We examine how such interaction affects the firms’ decisions and performances, consumers, and society in a vertical...
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This paper studies equilibrium channel strategies in a mixed market with a public firm and a private firm. The public firm is concerned with social welfare, while the private firm aims to maximize its own profit. Each firm decides whether to adopt an integrated or a decentralized channel. We...
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We investigate the effects of downstream firms’ managerial incentives on upstream collusion. Downstream profit-and-revenue incentive schemes make upstream manufacturers easier to collude than a pure-profit incentive scheme does when retailers compete in prices. However, the opposite occurs...
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Conventional wisdom suggests that information sharing benefits at least one of the participants. However, we find that information sharing can be strategically detrimental to both members in a vertical-Nash supply chain. Comparative statics show that each supply chain member׳s beneficial areas...
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Lateral transshipments in multi-echelon stochastic inventory systems imply that locations at the same echelon of a supply chain share inventories in some way, in order to deal with local uncertainties in demands. While the structure of a transshipment policy will depend on many important...
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Purpose: This paper aims to study the mixed after-sales service which simultaneously offers return and replacement services. The authors develop a model to propose what kind of after-sales service the firm should choose and how to make the after-sales service policy to improve the profit. The...
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