On the Learning Benefits of Resource Flexibility

<jats:p> Resource flexibility, arguably among the most celebrated operational concepts, is known to provide firms facing demand uncertainty with such benefits as risk pooling, revenue-maximization optionality, and operational hedging. In this paper, we uncover a heretofore unknown benefit: we...

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Bibliographic Details
Main Authors: Chod, Jiri, Markakis, Mihalis G, Trichakis, Nikolaos
Other Authors: Massachusetts Institute of Technology. Operations Research Center
Format: Article
Language:English
Published: Institute for Operations Research and the Management Sciences (INFORMS) 2022
Online Access:https://hdl.handle.net/1721.1/144249