Article
Business
Jafar Heydari, Behnam Momeni
Summary: This study discusses the advantages and challenges of retailers' coalition in retail channels, analyzing three different models and concluding that the optimal configuration of the coalition can increase profits for both retailers and the retail channel. The findings suggest that forming a retail coalition can help procurement managers rethink their ordering policy to gain more profits and enhance service levels to meet consumers' needs.
JOURNAL OF RETAILING AND CONSUMER SERVICES
(2021)
Article
Management
Jan Schneemeier
Summary: This study explores a manager's motivation to disclose the precision of a signal about firm profitability, and finds that voluntary disclosure of precision information can enhance traders' willingness to acquire information, thus improving price informativeness and the firm's investment efficiency.
MANAGEMENT SCIENCE
(2023)
Article
Economics
Xundong Yin, Sophie Xuefei Wang, Yuanzhu Lu, Jianye Yan
Summary: This study examines duopolies' incentives to acquire and disclose information about their unknown private costs of production in a Cournot model under three different information disclosure regimes: full disclosure, full concealment, and strategic disclosure regimes. We show that firms are more incentivized to acquire information in the strategic disclosure regime than in the full disclosure and full concealment regimes. The direct effect of information disclosure decreases consumer surplus for a given information structure, and the indirect effect may increase consumer surplus by providing firms with stronger incentives to acquire information. Furthermore, information acquisition and disclosure always increase the total surplus.
ECONOMIC MODELLING
(2023)
Article
Computer Science, Artificial Intelligence
Hassan Ali, Jingwen Zhang
Summary: The selection of potential suppliers in the manufacturing industries has become a major challenge due to the spread of covid-19 and natural calamities. This study proposes a holistic model that combines economic, environmental, and transportation risk factors for global green supplier selection and order allocation in the textile industry. The proposed methodology effectively manages data uncertainties and can assist in overcoming current shortcomings and developing long-term relationships with buyers.
EXPERT SYSTEMS WITH APPLICATIONS
(2023)
Article
Computer Science, Interdisciplinary Applications
Omid Jadidi, Mohamad Y. Jaber, Saeed Zolfaghri, Roberto Pinto, Fatemeh Firouzi
Summary: This study investigates the joint pricing and sourcing decision problem for a buyer purchasing a product from multiple suppliers. It formulates the problem as a mixed-integer nonlinear programming one and presents various strategies for maximizing the buyer's expected profit, with numerical examples provided for discussion and analysis.
COMPUTERS & INDUSTRIAL ENGINEERING
(2021)
Article
Mathematics
Shiyu Liu, Ou Liu, Xiaoming Jiang
Summary: This paper analyzes a retailing supply chain problem involving quantity discount schedules and order quantity constraints. An efficient algorithm named MCPB is proposed to find near-optimal solutions for retailers to solve practical joint replenishment problems. Computational experiments show that the algorithm can effectively maximize retailers' profit.
Article
Automation & Control Systems
Mingqiang Yin, Xiaohu Qian, Min Huang, Qingyu Zhang
Summary: This paper investigates a winner determination problem with accidental disruptions and quantity discounts in logistics service procurement auctions, developing an effective hybrid strategy to mitigate possible disruptions. Experimental results demonstrate the importance of fortification policy as discount parameters decrease or disruption probabilities increase.
ENGINEERING APPLICATIONS OF ARTIFICIAL INTELLIGENCE
(2021)
Article
Business
Siang Guo
Summary: The study reveals that consumers' search and evaluation behaviors interact asymmetrically, with changes in search/evaluation costs potentially impacting equilibrium behaviors and payoffs. Endogenous evaluation causes equilibrium prices and profits to vary non-monotonically with search/evaluation costs.
Article
Green & Sustainable Science & Technology
Lu Liu, Qiuhong Zhao, Ernesto D. R. Santibanez Gonzalez, Xunzhuo Xi
Summary: This study explores the importance of perishable raw materials in the food supply chain and their impact on the environment, proposes a sourcing-production-inventory system, and analyzes the effect of quantity discounts on decision-making. It suggests the government impose a resource waste tax on manufacturers to reduce spoilage of raw materials.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Economics
Inkee Jang, Kee-Youn Kang
Summary: The asset exchange model demonstrates the impact of information acquisition costs and the probability of sellers holding good assets on trades and social welfare.
JOURNAL OF MATHEMATICAL ECONOMICS
(2021)
Article
Computer Science, Interdisciplinary Applications
Parisa Rafigh, Ali Akbar Akbari, Hadi Mohammadi Bidhandi, Ali Husseinzadeh Kashan
Summary: This study proposes a framework for a sustainable supply chain network considering quantity discounts and disruption risk. Two optimization models are presented, and a hybrid metaheuristic algorithm is utilized for solving. Experimental results show the efficiency and performance of the proposed framework and algorithm.
JOURNAL OF COMBINATORIAL OPTIMIZATION
(2022)
Article
Economics
Heski Bar-Isaac, Clare Leaver
Summary: This paper introduces a model of a competitive labor market where workers have varying firm-specific and general skills, and firms have the choice of what information to disclose. The study shows that general training, recruitment, and outplacement are interconnected. The disclosure of general human capital information on mismatched workers while revealing nothing about well-matched workers leads to an efficient allocation of workers and enables workers to pay for general training. It also suggests that wages of released workers may be higher than those of retained workers.
Article
Management
Xi Li, Qian Liu
Summary: This paper examines the interaction between a manufacturer's capability to acquire demand information and a retailer's demand investment decision in a supply chain. The study explores two common contract types, wholesale price and two-part tariff, and finds that the retailer benefits from the manufacturer's increased capability to acquire demand information. The results challenge some established findings in the literature and provide new insights into supply chain dynamics.
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
(2023)
Article
Multidisciplinary Sciences
Qing Wang
Summary: This paper addresses the flexible large-scale supplier selection and order allocation problem with different types of quantity discounts. It proposes a variant model of the NP-hard knapsack problem and develops three greedy algorithms to solve it. The simulations show that the proposed model has a low optimality gap and can be solved efficiently even for a large number of suppliers.
Article
Economics
Patrick W. Schmitz
Summary: The analysis explores the impact of certifiable private information in seller-buyer relationships. Even with certifiable information, total surplus may be smaller. This finding applies to scenarios where buyers may have private information with exogenous probabilities and can strategically decide whether to acquire information.
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
(2021)
