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Design and analysis of mechanisms for decentralized joint replenishment
(Elsevier Science BV, 2017)
We consider jointly replenishing multiple firms that operate under an EOQ like environment in a decentralized, non-cooperative setting. Each firm's demand rate and inventory holding cost rate are private information. We ...
Mincer-Zarnowitz quantile and expectile regressions for forecast evaluations under aysmmetric loss functions
(Wiley, 2017)
Forecasts are pervasive in all areas of applications in business and daily life. Hence evaluating the accuracy of a forecast is important for both the generators and consumers of forecasts. There are two aspects in forecast ...
Newsvendor competition under asymmetric cost information
(Elsevier Science BV, 2018)
We study the newsboy duopoly problem under asymmetric cost information. We extend the Lippman and McCardle (1997) of competitive newsboy to the case where the two firms are privately informed about their unit costs. The ...
Dynamic Strategic Procurement from Capacitated Suppliers
(Wiley, 2019)
Many industries are characterized by large buyers and suppliers whose decisions are influenced by the strategic interactions among these parties. Here we present an economic model for a monopolistic buyer that needs to ...