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Advance selling with preorder-dependent customer valuation
Tian, Zhongjun1; Wang, Yefeng1,2
刊名OPERATIONS RESEARCH LETTERS
2016-07
卷号44期号:4页码:557-562
关键词Rational expectation Advance selling Preorder
ISSN号0167-6377
DOI10.1016/j.orl.2016.06.003
英文摘要We study the advance selling problem within the framework of rational expectation. We assume that there are two types of customers in the market and the high type customers' valuation is deterministic, while the low type customers' valuation depends on the preorder outcome. We show the existence and uniqueness of the rational expectation equilibrium. We find, that the impact of the preorder-dependent customer valuation is positive and that the preorder strategy may dominate the no-preorder strategy. (C) 2016 Elsevier B.V. All rights reserved.
WOS研究方向Operations Research & Management Science
语种英语
出版者ELSEVIER SCIENCE BV
WOS记录号WOS:000380597700026
内容类型期刊论文
源URL[http://10.2.47.112/handle/2XS4QKH4/1261]  
专题上海财经大学
通讯作者Wang, Yefeng
作者单位1.Shanghai Univ Finance & Econ, Sch Int Business Adm, 777 Guoding Rd, Shanghai 200433, Peoples R China;
2.Zhejiang Wanli Univ, Modem Logist Sch, 8 South Qian Hu Rd, Ningbo 315100, Zhejiang, Peoples R China
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GB/T 7714
Tian, Zhongjun,Wang, Yefeng. Advance selling with preorder-dependent customer valuation[J]. OPERATIONS RESEARCH LETTERS,2016,44(4):557-562.
APA Tian, Zhongjun,&Wang, Yefeng.(2016).Advance selling with preorder-dependent customer valuation.OPERATIONS RESEARCH LETTERS,44(4),557-562.
MLA Tian, Zhongjun,et al."Advance selling with preorder-dependent customer valuation".OPERATIONS RESEARCH LETTERS 44.4(2016):557-562.
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