Purpose: This paper aims to compare the prognostic and visualisation capabilities of all the three simulation paradigms to identify their suitability and rigor in eliminating weaknesses and bottlenecks in a Lean Six Sigma (LSS) project. Design/methodology/approach: The paper uses an...

Purpose: In recent times, the idea of taking advantage of the benefits of simulation techniques and Six Sigma discipline altogether has led various organizations towards implementation of simulation tools within Six Sigma methodology. The purpose of this study is to provide a more comprehensive...

This paper presents an optimized supply chain for ‘knowledge products’. Based on the traditional logistics model for academic knowledge, knowledge creation and delivery are discussed. A new framework of an optimized supply chain for ‘knowledge products’ is developed. A...

In this paper we explore annual earnings as well as full-time monthly earnings differentials resulting from sexual orientation. We observe that gay males are at an earnings disadvantage compared to male heterosexuals regardless of which earnings measure we use. This earnings disadvantage is...

This study examines the impact of oil price uncertainty on Malaysian macroeconomic activities and monetary responses. We use a structural VAR (SVAR) model based on monthly data over the period 1986−2009. The EGARCH model estimates show an important asymmetric effect of oil price shocks on the...

Purpose – The purpose of this paper is to examine whether education and training affect pro-social behavior. Economics students are often accused of being less pro-social. The explanations given are that less pro-social people choose to study economics or that economics studies indoctrinate...

Our “Restated diversification theorem” (Skogh and Wu, 2005) says that risk-averse agents may pool risks efficiently without assignment of subjective probabilities to outcomes, also at genuine uncertainty. It suffices that the agents presume that they face equal risks. Here, the theorem is...

This article reports results from two experiments that investigate possible incidence of discrimination against people with foreign backgrounds in Sweden. In the first experiment, participants played the trust game and the dictator game with co-players of different ethnic affiliation. The family...

Purpose – The purpose of this paper is to investigate how subtle religious representations affect prosocial behavior. The authors study the impact of religious representations on prosocial behavior in terms of cooperation in a one-shot/three-person public goods game....