We consider a simple supply chain in which a single supplier sells to several downstream retailers. The supplier has limited capacity, and retailers are privately informed of their optimal stocking levels. If retailer orders exceed available capacity, the supplier allocates capacity using a publicly known allocation mechanism, a mapping from retailer orders to capacity assignments. We show that...

We define choice logic programs as negation-free datalog programs that allow rules to have exclusive-only disjunctions in the head. We show that choice programs are equivalent to semi-negative datalog programs, at least as far as stable models are concerned. We also discuss an application where strategic games can be naturally formulated as choice programs; it turns out that the stable models o...

BACKGROUND As safety net providers, public hospitals operate in more challenging environments than private hospitals. Such environments put public hospitals at greater risk of financial distress, which may result in privatization and deterioration of the safety net. PURPOSE The purpose of this study was to investigate whether financial distress is associated with privatization among public ho...

Firms developing new products must often make a trade-o¤ between production costs and product quality: higher quality products are more valued by consumers, but also more costly to manufacture. We analyze this trade-o¤ in the context of demand uncertainty and strategic consumer behavior. Before the release of a product to a heterogeneous market of unknown size, a …rm must choose product quality...

We present five studies supporting our strategic memory protection theory. When people make decisions about experiences to consume over time, they treat their memories of previous experiences as assets to be protected. The first two studies demonstrate that people tend to avoid situations that they believe will threaten their ability to retrieve special (rather than merely pleasant) memories. T...

Competition between groups often involves prizes that have both a public and a private component. The exact nature of the prize not only affects the strategic choice of the sharing rules determining its allocation but also gives rise to an interesting phenomenon not observed when the prize is either purely public or purely private. Indeed, we show that in the two-groups contest, for most degree...

Thismanuscript surveys the changes that affected the automotive industry in recent years with the evolution of industrial focus on globalization forces. Further, it proposes organizational learning as a viable strategy for the automotive industry, to effectively embrace and be agile to the continually changing environment. First, the manuscript characterizes and surveys the impact of globalizat...

This paper examines the conditions under which a firm would choose a flexible production technology or a dedicated technology in a duopoly environment. We model this technology choice by having two firms simultaneously select from two production technologies in the first stage and subsequently take in a Cournot production quantity subgame. Conditions under which technology equilibriums exist ar...

This paper studies the strategic foundations of the Representative Voter Theorem (Rothstein, 1991), also called the “second version” of the Median Voter Theorem. As a by-product, it also considers the existence of non-trivial strategy-proof social choice functions over the domain of single-crossing preference profiles. The main result presented here is that single-crossing preferences constitut...

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