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Service Parts Inventory Control with Lateral Transshipment that takes Time

Yang, Guangyuan; Dekker, Rommert - Tinbergen Institute - 2010

In equipment-intensive industries such as truck manufacturing, electronics manufacturing, photo copiers,

Persistent link: https://www.econbiz.de/10008484067

Divergent Priors and well Behaved Bayes Factors

Strachan, Rodney W.; Dijk, Herman K. van - Tinbergen Institute - 2011

Divergent priors are improper when defined on unbounded supports. Bartlett's paradox has been taken to imply that using improper priors results in ill-defined Bayes factors, preventing model comparison by posterior probabilities. However many improper priors have attractive properties that...

Persistent link: https://www.econbiz.de/10008838626

Performance Measurement, Expectancy and Agency Theory: An Experimental Study

Sloof, Randolph; Praag, Mirjam van - Tinbergen Institute - 2007

noise in the performance measure. In contrast, expectancy theory as developed by psychologists predicts lower effort levels …

Persistent link: https://www.econbiz.de/10005209530

The Effects of Performance Measurement and Compensation on Motivation

Herpen, Marco van; Praag, C. Mirjam van; Cools, Kees - Tinbergen Institute - 2003

predict that the design and implementation of a performance measurement and compensation system affect the motivation of …

Persistent link: https://www.econbiz.de/10005144489

The Effect of Noise in a Performance Measure on Work Motivation

Sloof, Randolph; Praag, C. Mirjam van - Tinbergen Institute - 2008

This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small with a volatile environment where the noise is...

Persistent link: https://www.econbiz.de/10005144498

Explaining Hedge Fund Investment Styles by Loss Aversion

Siegmann, Arjen; Lucas, André - Tinbergen Institute - 2002

Recent research reveals that hedge fund returns exhibit a range of different, possibly non-linear pay-off patterns. It is difficult to qualify all these patterns simultaneously as being rational in a traditional framework for optimal financial decision making. In this paper we present a simple...

Persistent link: https://www.econbiz.de/10005144566

The Degradation of Distorted Performance Measures

Sloof, Randolph; Praag, Mirjam van - Tinbergen Institute - 2008

noise and distortion of a performance measure can be measured. Courty and Marschke (2007) have recently developed an elegant … empirical test to detect distortion, based on the degradation of a performance measure subsequent to increasing its weight in … that are based on ‘Residual Income’ (RI), such as ‘Economic Value Added’ (EVA). Residual income is widely used to measure …

Persistent link: https://www.econbiz.de/10005137095

First Author Determinants: An Empirical Analysis

Praag, Mirjam van; Praag, Bernard M.S. van - Tinbergen Institute - 2006

Alphabetic name ordering on multi-authored academic papers, which is the convention in the

Persistent link: https://www.econbiz.de/10005282029

Which Industries are shifting the Beveridge Curve?

Barnichon, Regis; Elsby, Michael; Hobijn, Bart; Sahin, … - Tinbergen Institute - 2011

The negative relationship between the unemployment rate and the job openings rate, known as the Beveridge curve, has been relatively stable in the U.S. over the last decade. Since the summer of 2009, in spite of firms reporting more job openings, the U.S. unemployment rate has not declined in...

Persistent link: https://www.econbiz.de/10009367436

Models as Measuring Instruments

Rodenburg, Peter - Tinbergen Institute - 2004

measure aspects of these regularities. So, if models do produce regular behaviour (Cartwright), they might perhaps generate … - provided the models is calibrated - this suffice for measurement. This paper explores this construction of a measuring device … in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made …

Persistent link: https://www.econbiz.de/10005137112