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In this paper, we extend the research of Jing and Xie (2011). Based on their discussions on the sales effort of the informed buyer under group-buying price mechanism, we consider two situations: (i) the seller solely makes sales effort, and (2) the seller and the informed buyer make sales effort together. We give the optimal strategy of the seller and the buyer, and compare the results with that in...
In this paper, the problem of fleet management in electric vehicles (EVs) sharing service under demand uncertainty is studied. To solve this problem, we propose two robust methodologies to generate robust fleets reposition plans that mitigate rental demand uncertainty and imbalances. More specifically, an adjustable robust optimization model (AROM) and joint chance constraints model (CCM) are developed...
Group buying price (GBP) mechanism is a useful pricing mechanism in online selling. In this study, we focus on the case that buyers are small retailers, and there are two suppliers in the market. Retailers' ordering choice is discussed, and we also study how the supplier should set the GBP price curve. The conclusion shows that to beat the fixed price, the supplier should not use a small slope price...
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