Joint pricing,assortment, and inventory decisions for a retailer's product line

Consider a set of product variants that are differentiated by some secondary attributes such as flavor, color, or size. The retailer's problem is to jointly determine the set of variants to include in her product line (“assortment”), together with their prices and inventory levels, so as to maximize her expected profit. We model the consumer choice process using a multinomial logit choice model and consider a newsvendor type inventory setting. We derive the structure of the optimal assortment for some important special cases, including the case of horizontally differentiated items, and propose a dominance relationship for the general case that simplifies the search for an optimal assortment. We also discuss structural properties of the optimal prices. Finally, motivated by our analytical results, we propose a heuristic solution procedure, which is shown to be quite effective through a numerical study. © 2007 Wiley Periodicals, Inc. Naval Research Logistics, 2007     

Initiating a cooperative denuclearization effort with North Korea

ABSTRACT

As the United States and North Korea pursue negotiations on a “denuclearization” agreement, the two countries should consider initiating cooperative measures as a way to build confidence and encourage finalization of a complete agreement. Based on lessons from the initial engagements carried out under the Cooperative Threat Reduction (CTR) program in states of the former Soviet Union (FSU), initial cooperation should focus on safety and security, training, and infrastructure elimination. By offering to implement these initiatives now while negotiations are underway, the United States could gain additional insights into North Korean intentions. These early initiatives could be proposed without compromising the US maximum-pressure campaign on North Korea by using the current authorities of the CTR program and carefully designing specific exemptions that may be required for any agreed measures. If North Korea is truly interested in pursuing disarmament efforts, the initial cooperative projects would enable them to begin reaping potential benefits while negotiations continue with sanctions still in place. These initial proposals could also be expanded to include additional international partners such as Russia, China, South Korea, and Japan. Such programs and initiatives would support and supplement longer-term strategies to address North Korean weapons-of-mass-destruction challenges.     

Chinese views of the nuclear endgame in North Korea

ABSTRACT

This article examines Chinese views of North Korea’s nuclear-weapon program during the Donald J. Trump administration. It shows that China has portrayed itself as a responsible country that promotes regional stability, unlike the United States, which has engaged in military brinkmanship with North Korea. Some Chinese foreign-policy experts have asserted that Beijing should back Pyongyang in the event of war because of their shared history of humiliation by great powers, while others have favored working with other regional partners. Another theme in Chinese discourse about North Korea is that Pyongyang is an impetuous, ungrateful regime that impedes Beijing’s ability to attain its core interests of regional stability, economic development, and heightened global influence. This negative assessment of North Korea drove Beijing’s endorsement of stricter UN sanctions in 2017. While Beijing has punished Pyongyang for its wayward policies, China responded favorably to North Korea’s decision in April 2018 to stop nuclear tests and partake in international dialogue. Beijing seeks to help Pyongyang gradually disarm and develop its economy within a Chinese-led East Asian order. The article concludes by explaining how Beijing’s recent, more positive view of Pyongyang is likely to affect its support for American efforts to dismantle North Korea’s nuclear-weapon program.     

The ballot or the bomb belt: the roots of female suicide terrorism before and after 9/11

ABSTRACT

In recent years, an upward trend in terrorist attacks has mirrored an increase in suicide attacks. According to our preliminary analysis, the events of September 11^th marked a sea change in the number of terrorist attacks. While a rich literature has evaluated why terrorists participate in suicide attacks, none have considered the uptick in volume after 9/11, and fewer yet have considered how female fighters may be contributing to this. We evaluate how both structural and female-specific factors affect the likelihood of female fighter suicide attacks. Recent literature discovered a trend in terrorist groups using females as suicide bombers due to cultural norms that permit them to get closer to targets. We test our theory using data from the Chicago Project on Security and Threats Suicide Attack Database (CPOST-SAD) and various datasets from the Quality of Government (QOG) compendium for the 1986–2016 time period. We construct a series of models that consider both female-specific and structural factors that could explain variation in the number of female suicide attacks. Our results indicate that our models encompass relatively stable patterns. Female political empowerment, female educational attainment, and female employment rates are significant and positive in our post-9/11 models, indicating that they may increase female suicide attacks. Democracy is a relevant structural factor and generally yields a positive effect on female suicide attacks across both time periods and multiple models. Ethnic fractionalization is significant in both time periods but yields a negative effect before 9/11 and a positive effect in the later period.