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We study optimal monetary policy in an environment in which firms' pricing and production decisions are subject to informational frictions. Our framework accommodates multiple formalizations of these frictions, including dispersed private information, sticky information, and certain forms of...
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Recent legislation promotes the adoption of Circular Economy (CE) principles in restructuring supply chains (SCs), being aimed at circling back - through reusing, remanufacturing and recycling actions- end-of-life (EoL) products into production networks. In this sense, the appropriate design of...
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This paper proposes a knowledge-based customer-centric strategic model to respond to environmental challenges and achieve sustainable competitive advantage (SCA) in the supply chain management (SCM) context. The proposed model strives to leverage knowledge-based distinctive core competencies...
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A brief overview of corporate governance as the monetary policy affects decision makers in the marketplace when asset allocation contributes to financial obligations. The reasoning of valuation for corporate assets with the responsibility to stakeholders in the marketplace that contributes to...
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We analyze the interaction of firm product quality and pricing decisions with financial distress and bankruptcy in the airline industry. We consider an airline's choices of quality and price as dynamic decisions that trade off current cash flows for future revenue. We examine how airline...
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A recent literature has introduced heterogeneous firms into models of international trade. This literature has adopted the convention of treating individual firms as points on a continuum. While the continuum offers many advantages this convenience comes at some cost: (1) Shocks to individual...
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