A Systematic Analysis and Experimental Verification of Joint Pricing and Inventory Strategies in Competitive Newsvendor Environments
This study examined joint pricing and inventory decisions in a competitive newsvendor environment using a combination of theoretical modeling and experimental methods. We developed a newsvendor model with price competition and inventory decisions. Participants in a laboratory experiment made simulta...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2024-12-01
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| Series: | Systems |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2079-8954/13/1/18 |
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