When an innovative product is introduced into the market, consumers are often uncertain about the product value. Over time they may learn the value of product. This paper studies the impact of consumer learning on the firms' marketing efforts and revenue sharing strategies in a supply chain that sells an innovative product to consumers over multiple periods. Both the supplier and the retailer c...

This study examines the incentives for content contribution in social media. we propose that exposure and reputation are the major incentives for contributors. Besides, as more and more social media web sites offer advertising-revenue sharing with some of their contributors, shared revenue provides an extra incentive for contributors who have joined revenue-sharing programs. we develop a dynami...

Predictive pricing (e.g., Google’s “Smart Pricing” and Yahoo’s “Quality-Based Pricing”) and revenue sharing are two important tools that online advertising networks can use in order to attract content publishers and advertisers. We develop a simple model of the pay-per-click advertising market to study the market effects of these tools. We then present an algorithm, PricingPolicy, for computing...

In this paper we consider a single inventory (newsboy) problem in which the vendor has a limited amount of funds to purchase items to sell. We assume that the manufacturer will either sell the items to the vendor outright or offer the items to the vendor on a revenue sharing (consignment) basis. In the latter case, that amount of money the vendor pays per unit is less than if the items are purc...

revenue management is the process of accepting or ordering which increases gained revenue by using different techniques of pricing and selling capacity. this technique has improved greatly in service sector specially passenger section. in this article, the process of selling ticket in tehran-mashhad route for ghazal passenger train is modeled by two methods: static multi class and heuristic ems...

Sports leagues constitute one of the few examples of legally operating cartels. In this paper I examine how gate revenue sharing may serve to coordinate talent investments within these cartels. I show that sharing revenues has the potential to raise cartel profits, because it decreases the incentive to invest in playing talent. Leagues consisting of teams with heterogeneous local markets should...

Computational models of reward processing suggest that foregone or fictive outcomes serve as important information sources for learning and augment those generated by experienced rewards (e.g. reward prediction errors). An outstanding question is how these learning signals interact with top-down cognitive influences, such as cognitive reappraisal strategies. Using a sequential investment task a...

Johne's disease (JD) is an infectious, progressive, gastrointestinal disease affecting ruminants. Calves are mostly infected in their first six months of life, or in utero. We investigated the impact of specific periparturient management practices on within-herd JD prevalence and economic losses foregone in UK dairy herds by means of data synthesis (systematic appraisal of published evidence an...

PURPOSE OF REVIEW A rational cannabis policy would arguably be one that minimized the harms of both cannabis use and the legal policies adopted to control its use. We, therefore, review recent epidemiological evidence on the harmful effects of cannabis use and social research on the costs and benefits of cannabis prohibition. RECENT FINDINGS Epidemiological evidence suggests that cannabis inc...