In this paper, we investigate the use of reinforcement learning (RL) techniques to the problem of determining dynamic prices in an electronic retail market. As representative models, we consider a single seller market and a two seller market, and formulate the dynamic pricing problem in a setting that easily generalizes to markets with more than two sellers. We first formulate the single seller...

This paper investigates the impact of spatial zoning restrictions on retail market outcomes. We estimate a structural model of entry, location and format choice across a large number of markets in the presence of zoning restrictions. The paper contributes to the literature in three ways: First, the paper demonstrates that estimates of factors affecting market potential and competitive intensity...

As retail competition accelerates, energy service companies (ESCOs) are confronting major structural changes in the “energy services” industry and a business environment in which many large customers are re-thinking their energy-related purchasing practices. This paper analyzes recent trends in the ESCO industry and looks specifically at how traditional performance contracting firms are faring ...

Recent works have shown that social media platforms are able to influence the trends of stock price movements. However, existing works have majorly focused on the U.S. stock market and lacked attention to certain emerging countries such as China, where retail investors dominate the market. In this regard, as retail investors are prone to be influenced by news or other social media, psychologica...

This paper investigates the impact of spatial zoning restrictions on retail market outcomes. We estimate a structural model of entry, location and format choice across a large number of markets in the presence of zoning restrictions. The paper contributes to the literature in three ways: First, the paper demonstrates that the omission of zoning restrictions in t...

AbstractThe occurrence of deoxynivalenol (DON) in retail foods in Tehran (Iran) was determined using high-performance liquid chromatography technique and immunoaffinity column as the clean-up step. A method was validated for analysis of DON in rice, bread, puffed corn snack and wheat flour. The average recoveries and precision (RSD) for DON in different foods ranged 84.2-93.1% and 2.9-12.0%, re...

Perspective One of the consequences of customer product returns is that they can increase retail costs and with supermarkets increasing their online and in-store non-food market share, returns are becoming one of the most topical issues in the industry. This paper is relevant to the field of reverse logistics which is becoming a crucial channel within the retail supply chain, involving the inte...