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Strategic consumer behavior has been extensively studied in the Management Science and Operations Management community. We survey recent developments in the literature and review possible operational strategies and decisions to counteract the adverse impact of strategic consumer behavior....
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Motivated by emerging industry practices, this paper studies the effectiveness of a new advance selling strategy in counteracting strategic consumer behavior: the Preorder Contingent Production (PCP) strategy, where the seller's production decision is contingent on an advance selling target. We...
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We propose a scientific, game-theoretic model in which a monopolist sells a fashion product in a market consisting of strategic consumers. Research papers on this subject have studied the adverse consequences of strategic consumer behavior, and have proposed a variety of mechanisms to counteract...
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