Optimal Policies for Transshipping Inventory in a Retail Network

  • Authors:
  • Kwan Eng Wee;Maqbool Dada

  • Affiliations:
  • School of Business, Singapore Management University, Singapore 259756;Krannert Graduate School of Management, Purdue University, West Lafayette, Indiana 47907

  • Venue:
  • Management Science
  • Year:
  • 2005

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Abstract

Consumers purchase conspicuous goods to satisfy not only material needs but also social needs such as prestige. In an attempt to meet these social needs, producers of conspicuous goods like cars, perfumes, and watches, highlight the exclusivity of their ...