This paper models a name-your-own-price (NYOP) retailer who allows buyers to initiate their retail interactions by describing a product and submitting a binding bid for it. The buyers have an outside option to buy the same good for a commonly known posted price that also acts as an informative upper bound on the cost the NYOP retailer faces. We conceptualize a selling strategy of such an NYOP r...

One of the goals of procurement is to establish a fair price while affording the buyer some flexibility in selecting the suppliers to deal with. Reverse auctions do not have this flexibility, because it is the auction rules and not the buyer that determine the winner. But an important advantage of having this flexibility is that it allows buyers and suppliers to establish long-term relationship...

The Volkswagen emissions scandal began in 2015, when the U.S. Environmental Protection Agency announced that diesel cars produced by from 2009 through 2015 were violation of standards. authors analyze impact this announcement on transaction prices for eBay Motors. main focus is other than 2009–2015 models—namely, vehicles did not violate agency standards, enabling an assessment whether negative...

computational constructs in the interest of achieving a realistic {i.e., robust, thorough, lively and sound{ computational model. In particular, three basic implementation decisions were adopted from the start: All agent interactions were to be performed on a reliable network5 . Multithreading would be used to implement concurrency6 ; and Object encapsulation and strong typing would allow for l...

The purpose of the study was to evaluate effect e-procurement practices on performance public institutions in Rwanda using Kicukiro district as a case study. This principally completed following reports that arose referring lackluster showing Rwandan organizations, which generally been ascribed insufficient and unseemly running money during acquirement processes. To achieve this, specific objec...

License Buyback Programs in Commercial Fisheries: An Application to the Shrimp Fishery in the Gulf of Mexico. (May 2009) Aaron T. Mamula, B.A., Oregon State University; M.A, Southern Methodist University Co-Chairs of Advisory Committee: Dr. Richard T. Woodward Dr. Wade L. Griffin This dissertation provides a thorough analysis of the costs associated with, and efficacy of, sequential license buy...

Demand response (DR) is an economical way of addressing the challenges faced by massive penetration distributed energy resources, such as renewable energy. Residential consumers account for a significant proportion electricity consumption. However, their behavior highly random and uncertain, meaning it difficult to quantify impact DR programs in which they participate. This paper presents two-l...

Acknowledgments This dissertation could not have been completed without significant help and input from two people. First, I would like to thank Dr. Ram (J. Ramanujam), who guided me with patience and accommodated my schedule to help me with this work. Second, I would like to thank Dr. Doris Carver, who steadfastly directed me towards this goal. I would also like to thank Dr. Thomas Shaw for se...

This paper represents a complete survey on Generation Companies’ (GenCos’) optimal bidding strategy problem in restructured power markets. In this regard after an introduction to competitive electricity markets, concept of optimal bidding strategy is presented. Considering large amount of works accomplished in this area a novel classification is implemented in order to categorize the existing d...