Newsvendor Mergers

References

• Anupindi R, Bassok Y (1999) Centralization of stocks: Retailers vs. manufacturer. Management Sci. 45(2):178–191.Link, Google Scholar
• Bascle I, Duthoit C, Goodall S, Matthiessen J, Strüven P, Tevelson R (2008) Thinking laterally in PMI: Optimizing functional synergies. BCG Perspect. (January 4), https://www.bcgperspectives.com/content/articles/postmerger_integration_thinking_laterally_in_pmi/.Google Scholar
• Berman J, Pfleeger J (1997) Which industries are sensitive to business cycles? Monthly Labor Rev. 120(2):19–25.Google Scholar
• Cho S-H (2014) Horizontal mergers in multitier decentralized supply chains. Management Sci. 60(2):338–355.Link, Google Scholar
• Cohen MC, Lobel R, Perakis G (2015) The impact of demand uncertainty on consumer subsidies for green technology adoption. Management Sci. 62(5):1235–1258.Link, Google Scholar
• Corbett CJ, Karmarkar US (2001) Competition and structure in serial supply chains with deterministic demand. Management Sci. 47(7):966–978.Link, Google Scholar
• Corbett C, Rajaram K (2006) A generalization of the inventory pooling effect to nonnormal dependent demand. Manufacturing Service Oper. Management 8(4):351–358.Link, Google Scholar
• Davidson C, Ferrett B (2007) Mergers in multidimensional competition. Economica 74(296):695–712.Crossref, Google Scholar
• DeLong G (2003) Does long-term performance of mergers match market expectations? Financial Management 32(2):5–25.Crossref, Google Scholar
• Deneckere R, Davidson C (1985) Incentives to form coalitions with Bertrand competition. RAND J. Econom. 16(4):473–486.Crossref, Google Scholar
• Dong L, Rudi N (2004) Who benefits from transshipment? Exogenous vs. endogenous wholesale prices. Management Sci. 50(5):645–657.Link, Google Scholar
• Eppen G (1979) Effects of centralization on expected costs in a multi-location newsboy problem. Management Sci. 25(5):498–501.Link, Google Scholar
• Fang X, Cho S-H (2014) Stability and endogenous formation of inventory transshipment networks. Oper. Res. 62(2):1316–1334.Link, Google Scholar
• Farrell J, Shapiro C (1990) Horizontal mergers: An equilibrium analysis. Amer. Econom. Rev. 80(1):107–126.Google Scholar
• Gattorna J, ed. (1998) Strategic Supply Chain Alignment: Best Practice in Supply Chain Management (Gower Publishing, Aldershot, UK).Google Scholar
• Gupta D, Gerchak Y (2002) Quantifying operational synergies in a merger/acquisition. Management Sci. 48(4):517–533.Link, Google Scholar
• Houston JF, James CM, Ryngaert MD (2001) Where do merger gains come from? J. Financial Econom. 60(2–3):285–331.Crossref, Google Scholar
• Hu B, Duenyas I, Beil D (2013) Does pooling purchases lead to higher profits? Management Sci. 59(7):1576–1593.Link, Google Scholar
• Huang X, Boyacı T, Gümüş M, Ray S, Zhang D (2015) United we stand or divided we stand? Strategic supplier alliances under order default risk. Management Sci. 62(5):1297–1315.Link, Google Scholar
• Kell J (2013) Avis to buy car-sharing service Zipcar. Wall Street Journal (January 2), http://www.wsj.com/articles/SB10001424127887324374004578217121433322386.Google Scholar
• Kemahlıoğlu-Ziya E, Bartholdi JJ (2011) Centralizing inventory in supply chains by using Shapley value to allocate the profits. Manufacturing Service Oper. Management 13(2):146–162.Link, Google Scholar
• Kocabıyıkoğlu A, Popescu I (2011) An elasticity approach to the newsvendor with price-sensitive demand. Oper. Res. 59(2):301–312.Link, Google Scholar
• Krishnan H (2010) A note on demand functions with uncertainty. Oper. Res. Lett. 38(5):436–440.Crossref, Google Scholar
• Lin Y-T, Parlaktürk A, Swaminathan JM (2014) Vertical integration under competition: Forward, backward, or no integration? Production Oper. Management 23(1):19–35.Crossref, Google Scholar
• Lippman S, McCardle K (1997) The competitive newsboy. Oper. Res. 45(1):54–65.Link, Google Scholar
• McCarthy P (1996) Market price and income elasticities of new vehicle demands. Rev. Econom. Statist. 78(3):543–547.Crossref, Google Scholar
• Mills ES (1959) Uncertainty and price theory. Quart. J. Econom. 73(1):116–130.Crossref, Google Scholar
• Müller A, Stoyan D (2002) Comparison Methods for Stochastic Models and Risks, 1st ed. (John Wiley & Sons, West Sussex, UK).Google Scholar
• Nagurney A (2009) A system-optimization perspective for supply chain network integration: The horizontal merger case. Transportation Res. Part E 45(1):1–15.Crossref, Google Scholar
• Netessine S, Rudi N (2003) Centralized and competitive inventory models with demand substitution. Oper. Res. 51(2):329–335.Link, Google Scholar
• Netessine S, Zhang F (2005) Positive vs. negative externalities in inventory management: Implications for supply chain design. Manufacturing Service Oper. Management 7(1):58–73.Link, Google Scholar
• Office Depot (2013) OfficeMax and Office Depot announce merger of equals to create $18 billion global office solutions company. Press release (February 20), Office Depot, Boca Raton, FL.Google Scholar
• Ovchinnikov A, Raz G (2015) Coordinating pricing and supply of public interest goods using government rebates and subsidies. IEEE Trans. Engrg. Management 62(1):65–79.Crossref, Google Scholar
• Pellerey F, Shaked M (1997) Characterizations of the IFR and DFR aging notions by means of the dispersive order. Statist. Probab. Lett. 33(4):389–393.Crossref, Google Scholar
• Perry MK, Porter RH (1985) Oligopoly and the incentive for horizontal merger. Amer. Econom. Rev. 75(1):219–227.Google Scholar
• Petruzzi N, Dada M (1999) Pricing and the newsvendor problem: A review with extensions. Oper. Res. 47(2):183–194.Link, Google Scholar
• Roels G, Chevalier P, Wei Y (2012) United we stand? Coordinating capacity investment and allocation in joint ventures. Working paper, University of California, Los Angeles, Los Angeles.Crossref, Google Scholar
• Sawyers A (2012) Hertz merger could shift how rental fleets are supplied. Automotive News (August 28), http://www.autonews.com/article/20120828/RETAIL01/120829910/hertz-merger-could-shift-how-rental-fleets-are-supplied.Google Scholar
• Seidenman P, Spanovich DJ (2011) When mergers mean maintenance marriage. Aviation Week (October 1), http://aviationweek.com/awin/when-mergers-mean-maintenance-marriage.Google Scholar
• Shubik M (1980) Market Structure and Behavior (Harvard University Press, Boston).Crossref, Google Scholar
• Stigler JG (1950) Monopoly and oligopoly by merger. Amer. Econom. Rev. 40(2):23–34.Google Scholar
• U.S. Department of Justice/Federal Trade Commission (2010) Horizontal merger guidelines. Report, Federal Trade Commission, Washington, DC.Google Scholar
• Vives X (1999) Oligopoly Pricing: Old Ideas and New Tools (MIT Press, Cambridge, MA).Google Scholar
• Wang Y, Gerchak Y (2001) Supply chain coordination when demand is shelf-space dependent. Manufacturing Service Oper. Management 3(1):82–87.Link, Google Scholar
• Werden G, Froeb L (1994) The effects of mergers in differentiated products industries: Logit demand and merger policy. J. Law, Econom., Organ. 10(2):407–426.Google Scholar
• Whinston MD (2007) Antitrust policy toward horizontal mergers. Armstrong M, Porter RH, eds. Handbook of Industrial Organization, Vol. 3 (North-Holland, Amsterdam), 2369–2440.Google Scholar
• Williamson OE (1968) Economies as an anti-trust defense: The welfare tradeoffs. Amer. Econom. Rev. 58(1):18–36.Google Scholar
• WilmerHale (2014) 2014 M&A report. Report, WilmerHale, Boston. http://www.wilmerhale.com/uploadedFiles/Shared_Content/Editorial/Publications/Documents/2014-WilmerHale-MA-Report.pdf.Google Scholar
• Young L (1978) Price, inventory and the structure of uncertain demand. New Zealand Oper. Res. 6(2):157–177.Google Scholar
• Zhao X, Atkins DR (2008) Newsvendors under simultaneous price and inventory competition. Manufacturing Service Oper. Management 10(3):539–546.Link, Google Scholar
• Zhu J, Boyaci T, Ray S (2011) Horizontal mergers and supply chain performance. Working paper, McGill University, Montréal.Google Scholar