Managing Newsvendors via Demand Shifting

The authors thank Awi Federgruen, Guillermo Gallego, Ming Hu, and the anonymous reviewers of Operations Research for their valuable feedbacks to improve the paper. The authors also thank the anonymous reviewers of the Proceedings of the Twenty-Fifth ACM Conference on Economics and Computation for their valuable feedbacks. A preliminary version of the paper appeared in the Proceedings of the Twenty-Fifth ACM Conference on Economics and Computation as an extended abstract.