Showing 1 - 10 of 25
We derive the value of reliability in the scheduling of an activity of random duration, such as travel under congested … form of the standardized distribution of durations. This insight provides a unification of the scheduling model and models …
Persistent link: https://www.econbiz.de/10005837545
scheduling delay cost (SDC). The increment of SDC is large when the number of flights is small. For low frequency routes, the …
Persistent link: https://www.econbiz.de/10011212581
This paper considers a congested bottleneck. A fast lane reserves a more than proportional share of capacity to a designated group of travelers. Travelers are otherwise identical and other travelers can use the reserved capacity when it would otherwise be idle. The paper shows that such a fast...
Persistent link: https://www.econbiz.de/10011108791
factors, scheduling, and the weather. In particular, total gross revenues are an increasing function of marketing …
Persistent link: https://www.econbiz.de/10011112516
We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end …
Persistent link: https://www.econbiz.de/10005785825
presents a consistent framework in which users have scheduling costs, time costs and planning costs. The model represents both …
Persistent link: https://www.econbiz.de/10005260259
shape of the peak is endogenous, being the sum of individual scheduling decisions. Capacity and demand are random, which … introduces uncertainty into the individual scheduling choices. These are essential features of actual peak loads. Based on work … fixed capacity and demand. Using stylised values for scheduling costs relative to the value of time, I find that randomness …
Persistent link: https://www.econbiz.de/10005620088
We endogenize product differentiation in a model of sequential search with random firm-consumer match value à la Wolinsky (1986) and Anderson and Renault (1999). We focus on a product design choice by which a firm can control the dispersion of consumer valuations for its product; we interpret...
Persistent link: https://www.econbiz.de/10009211231
A lack of sufficient diversification in research strategies has been identified as an important problem for delegated research. We show that this problem can be solved by local competition (such as bribery, lobbying, rent seeking, competition at the patent office) among players who apply the...
Persistent link: https://www.econbiz.de/10011096160
We present a micro-founded model of design, that provides a framework in which design leads to demand rotations. We show simple sufficient conditions that determine when design should be extreme (fully standardized or fully tailored) or rather be only partially tailored.
Persistent link: https://www.econbiz.de/10011111146