Consider a dominant manufacturer wholesaling a product to a retailer, who in turn retails it to the consumers at $p/unit. The retail-market demand volume varies with p according to a given demand curve. This basic system is commonly modeled as a manufacturer-Stackelberg ([mS]) game under a “deterministic and symmetric-information” (“det-sym-i”) framework. We first explain the logical flaws of t...

We discuss a variant of multi-task n-vehicle exploration problem. Instead of requiring an optimal permutation of vehicles in every group, the new problem asks all vehicles in a group to arrive at a same destination. It can also be viewed as to maximize every processor’s average profit, given n tasks, and each task’s consumetime and profit. Meanwhile, we propose a new kind of partition problem i...

We study a problem involving a set of organizations. Each organization has its own pool of clients who either supply or demand one unit of an indivisible product. Knowing the profit induced by each buyer/seller pair, an organization’s task is to conduct such transactions within its database of clients in order to maximize the amount of the transactions. Inter-organizations transactions are allo...

We study a problem involving a set of organizations. Each organization has its own pool of clients who either supply or demand one unit of an indivisible product. Knowing the profit induced by each buyer/seller pair, an organization’s task is to conduct such transactions within its database of clients in order to maximize the amount of the transactions. Inter-organizations transactions are allo...

The growth of e-commerce has created increasing complexity in logistics services. To remain competitive, and companies are exploring new modes as supplements to traditional home delivery, one which is the self-service parcel locker. This paper studies a locker location problem where company plans introduce service by locating facilities attract customers. objective maximize profit, accounting f...

To maximize sales or profit given a fixed budget, direct marketing targets a preset top percentage of consumers who are the most likely to respond and purchase a greater amount. Existing forecasting models, however, largely ignore the resource constraint and render sup-optimal performance in maximizing profit given the budget constraint. This study proposes a model of partial order constrained ...

This paper uses a mechanism design framework to characterize how an intermediary can design profit-maximizing matching markets when agents have private information about their quality. When match surpluses are supermodular, sufficient conditions are provided that ensure positive assortative matching is profit maximizing. Under these conditions, two-sided position auctions are characterized that...