Several offshore wind power projects are under consideration in the United States. A concern with any wind power project is the visual disamenity it may create. Using a stated preference choice model, we estimated the external costs to residents of the State of Delaware for offshore wind...

We surveyed more than 1,000 randomly sampled, out-of-state tourists at Delaware, USA beaches in 2007. After providing respondents with wind turbine project photo-simulations at several distances, we inquired about the effect development would have on visitation. Approximately one-quarter stated...

The differences between Common but Differentiated Responsibility (CBDR) principle and Equal Treatment for All Ships principle is becoming a stalemate for future policy progress in vessel-based CO2 reduction negotiations. This paper investigates the economic costs of CO2 reduction with and...

The reduction of SOx, NOx, and PM can be helpful to the environment and human health. However, due to their potential to cool the atmosphere, the reduction of such emissions may intensify the global warming, creating a seeming dilemma to policy makers. This paper uses the shipping Emission...

A supplier provides several lead-time options to its customers in a periodic review inventory system. The replenishment lead time is a multiple of the inventory review cycle. Customers are classified into two groups: short lead-time customers requiring the product immediately and long lead-time...

Predicting long-term equity market returns is of great importance for investors to strategically allocate their assets. We apply machine learning methods to forecast 10-year-ahead U.S. stock returns and compare the results to traditional Shiller regression-based forecasts more commonly used in...

Our paper contributes to the common ownership debate by empirically assessing the link between common ownership and profitability as a proxy for market competition. Rather than focusing on single industries, as most related studies do, we assess the common ownership hypothesis in the aggregate,...

We propose a model where customers are classified into two groups: short lead-time customers who require the product immediately and long lead-time customers to whom the supplier may deliver either immediately or in the next cycle. Unmet orders are backlogged with associated costs. Specifically,...

This paper considers a problem of multi-period supply portfolio selection and execution with demand information updates. A supply portfolio specifies a buyer's decision on selecting sourcing mix from among a group of suppliers. We develop a framework for optimal supply portfolio selection and...