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operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is …
Persistent link: https://www.econbiz.de/10005412999
A new integral for capacities, different from the Choquet integral, is introduced and characterized. The main feature of the new integral is concavity, which might be interpreted as uncertainty aversion. The integral is then extended to fuzzy capacities, which assign subjective expected values...
Persistent link: https://www.econbiz.de/10005550967
job capacity, job concentration, and market power. Job capacity is measured by the ratio of potential job openings to … behaviors over time. The main finding is that job capacity consistently trumps job concentration when it comes to predicting the …
Persistent link: https://www.econbiz.de/10005561498
About inventory models, a concern is 'often made [that] any resemblances between the models constructed and reality are … purely coincidental.' One set of factors not usually considered in textbook models of inventory decisions is suggested by … affect inventory decisions, and how? I study four hypotheses. The first is that the market could be a side-show, with no …
Persistent link: https://www.econbiz.de/10005413158
Among practitioners, inventory is often thought to be the root of all evil in operations management. The stock market … hates it, the media abhors it, and managers have come to fear it. But high inventory levels can also be the result of … strategic buying and high-availability strategies. The problem is that when the market sees lots of inventory, it cannot tell …
Persistent link: https://www.econbiz.de/10005413245