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1.
We consider the price promotion in a supply chain comprising one manufacturer and one retailer, who take into account the reference price effects of consumers. The problem is analyzed as a manufacturer-lead Stackelberg game. The results indicate that reference price effects could mitigate “double marginalization” effects, and improve the channel efficiency. We also show that the optimal price promotion benefits the manufacturer, retailer and consumers in consumer promotion model. Furthermore, we provide the conditions under which the retailer has an interest in offering price promotion to consumers. Finally, we employ numerical analysis to demonstrate more managerial insights. 相似文献
2.
The civil aviation industry is critical to the economic development of any nation. Being a key infrastructure service, the performance of the civil aviation industry spills over to other segments of the economy. We investigate service failure among US airlines, using departure delay, and model its likelihood using mixed-logit regression. We characterize arrival performance for delayed departures using a service recovery/double deviation framework. We model the likelihood of different arrival possibilities using multinomial logistic regression. We use the chosen airline, temporality, and flight duration as predictors. Our key results include: (i) Afternoon/evening flights, and longer duration flights are more likely to depart late; (ii) Delta Airlines is most likely to depart on time; (iii) Southwest Airlines is best in recovering from delayed departures; (iv) United Airlines is most likely to aggravate delays. 相似文献