51 citations · 242 across the 22 of their papers we have counts for
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Measuring Market Performance with Stochastic Demand: Price of Anarchy and Price of Uncertainty
Costis Melolidakis, Stefanos Leonardos, Constandina Koki
Globally operating suppliers face the rising challenge of wholesale pricing under scarce data about retail demand, in contrast to better informed, locally operating retailers. At t…
A Class of Distributions for Linear Demand Markets
Stefanos Leonardos, Costis Melolidakis
In this paper, we study distributions that describe markets with linear stochastic demand. We express the price elasticity of expected demand in terms of the mean residual demand (…
Comparative Statics via Stochastic Orderings in a Two-Echelon Market with Upstream Demand Uncertainty
Constandina Koki, Stefanos Leonardos, Costis Melolidakis
We revisit the classic Cournot model and extend it to a two-echelon supply chain with an upstream supplier who operates under demand uncertainty and multiple downstream retailers w…