Browsing Waterloo Research by Author "Jian, Lirong"
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Optimal inventory decisions for a risk-averse retailer when offering layaway
Wang, Daao; Dimitrov, Stanko; Jian, Lirong (Elsevier, 2020-07-01)Layaway allows economically disadvantaged budget-constrained consumers to purchase expensive items through amortized payments and nominal program fees, as opposed to using high-interest financing options such as credit ...