Showing 1 - 10 of 11
Specific supply-chain investments are vital in achieving faster lead-time performance and more competitive costs. In … contracting to tier-1 and tier-2 suppliers. The results show that the observed practice to delegate investments to tier-1 and … possibly tier-2 suppliers leads to relatively poor performance due to under-investments. The superior arrangement is the …
Persistent link: https://www.econbiz.de/10010662642
useage, will change. In this paper, we chararcterize some of the effects of new asset investments policy on the network tasks … assessment and should avoid wide delegation of contracting-billing for smart-grid investments. …
Persistent link: https://www.econbiz.de/10010927726
Profit maximization is not a well defined objective when markets are incomplete. Several criteria of investment choice have therefore been put forward in the literature, some of which crucially hinge upon aggregation of shareholders' preferences, as is the case with the criteria proposed by...
Persistent link: https://www.econbiz.de/10005779422
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We analyse a Ramsey economy when net investment is constrained to be non negative. We prove existence of a competitive equilibrium when utility need not hold. The analysis is carried out by means of direct and technically standard strategy.
Persistent link: https://www.econbiz.de/10005779546
Persistent link: https://www.econbiz.de/10005478946
This paper shows tha shifting the portfolio allocation of the social security trust fund towards more equity investment, ceteris paribus, reduces the aggregate capital stock as well as the average consumption level of all individuals except the poor retirees who receive an increase but at the...
Persistent link: https://www.econbiz.de/10005634072
Regions can benefit by offering infrastructure services that are differentiated. Competition between regions over potential investors is then less direct, allowing them to realize greater benefits from external investors. The two polar cases of full and incomplete information about investors'...
Persistent link: https://www.econbiz.de/10005634089
Persistent link: https://www.econbiz.de/10005669244
based on Chari and Jagannathan (1988), this paper models information-induced and "pure-panic"runs in an environment of risk-aves agents. In this framework, deposits are needed to provide insurance against investors'unexpected demand for liquidity and therefore, a role for financial intermediary...
Persistent link: https://www.econbiz.de/10005669260