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Inventories, Return Policy, and Equilibrium Price Dispersion under Demand Uncertainty
Returns policy demand uncertainty oligopoly
2008/1/17
AbstractReturns policies are often thought of as devices to prevent a manufacturer’s product from being discounted. It is commonly argued that such discounting discourages inventory holdings, and ther...
Fisher Equilibrium Price with a Class of Concave Utility Functions.
Fisher Equilibrium Price Concave Utility Functions.
2012/11/29
In this paper we study efficient algorithms for computing equilibrium price in the Fisher model for a class of nonlinear concave utility functions, the logarithmic utility functions. We derive a duali...