While many studies analyse the impact of scheduled macroeconomic announcements on equity market volatility, few focus on the impact on option implied volatilities. In this study, we examine the link between German and US macroeconomic events and the implied volatility indices DAX Volatility...

Problem/Methodology. Empowered by new technologies to monitor parking occupancy (availability) and process market signals, we aim to expand the application of revenue management in the parking industry. In this paper, we consider competitive spatial pricing in parking systems under endogenous...

We investigate the time-varying risk taking behavior of actively managed mutual funds by considering their transactions costs. Our tournament model equilibrium suggests that, while transaction costs are low, interim winner funds tend to hold more volatile portfolios than interim losers. However,...

The rise of autonomous driving may sharply reshape ride-sourcing markets by influencing drivers’ income and participation, customers’ choices, ride-sourcing platforms’ operations, and governments’ regulations. We introduce a model which characterizes a ride-sourcing market with a mixed...

This paper investigates the optimal information design for a system to minimize congestion cost in the presence of both autonomous vehicles (AVs) and human-driven vehicles (HVs). We incorporate asymmetric information between AVs and HVs in a routing game where there are two routes available and...

To encourage product market competition, uniform price regulation is imposed to forbid suppliers from price discrimination. This paper investigates the impact of price regulation on a supplier’s trade credit decision in a supply chain with two heterogeneous retailers. In the baseline model...

Purpose: The fundamental question asked in this study is – should all firms engage in innovation and branding activities to the same extent to achieve their goals? The purpose of this paper is to answer this question, a strategic typology that integrates branding and innovation (BI) from an...