The process of industrialization in the swine industry has been written about extensively in recent years by Grimes, Barkema and Cook, Hurt, Rhodes, Boehlje and Schrader and others. The purpose of this paper is to concentrate on the pricing issues that have arisen during this process of industrialization. These issues include the diminishing role of open competitive markets and the increasing r...

This study explores the importance of pricing strategies in creating competitive advantage for businesses. It discusses how effective can significantly contribute to success a business capturing sales and profits within their target market. The research highlights that are often overlooked, contributing high probability new products failing reach volume profit goals. emphasizes greater diverse ...

This paper studies economic pricing of reinsurance contracts via competition an insurer with multiple reinsurers. All firms are assumed to be endowed distortion risk measures or expected exponential utilities. Reinsurance required Pareto optimal, individually rational, and satisfy a constraint that we call coalition stability. As shown in the literature, it holds optimality is equivalent struct...

We study a class of single-round, sealed-bid auctions for items in unlimited supply, such as digital goods. We introduce the notion of competitive auctions. A competitive auction is truthful (i.e., encourages buyers to bid their utility) and yields profit that is roughly within a constant factor of the profit of optimal fixed pricing for all inputs. We justify the use of optimal fixed pricing a...

The principal focus of this paper is to study carrier pricing decisions for a type of vehicle routing problems defined in a competitive and dynamic environment. This paper introduces the Vehicle Routing Problem in a Competitive Environment (VRPCE), as an extension of the Traveling Salesman Problem with Profits (TSPP) to a dynamic competitive auction environment. In the VRPCE, the carrier must e...

Price comparison sites have become an increasingly popular way to shop online. Yet, even though consumers have complete access to the list of prices for apparently identical products offered on these sites, persistent price dispersion has been widely observed. One important theoretical explanation for this phenomenon comes from clearinghouse models of price dispersion. These models predict that...

With the cooperation of a large mobile service provider, we conduct a novel field experiment that simultaneously randomizes the prices of two competing movie theaters using mobile coupons. Unlike studies that only vary one firm’s prices, our experiment allows us to account for competitor response. We test mobile targeting based on consumers’ real-time and historic locations, allowing us to eval...