to a manufacturer increases the value of a supply chain especially for goods whose demand is highly volatile. This is …

Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … shipments. In our inventory model, transportation costs and optimal shipment frequency are determined on the basis of demand as …

inventories react strongly and positively to news about future increases in total factor productivity. Theory suggests that the …

Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … of export shares from the most to the least productive incumbents. Greater skewness of the demand distribution and …

unpredictable (and unobservable) fluctuations in demand for life insurance as well as changes in risk type (observable) over … individuals' lifetimes. The presence of demand type heterogeneity leads to the possibility that optimal GR contracts may have a … whose type turns out to be high risk but low demand renew more of their GR insurance than is efficient due to the attractive …

when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in …

trade costs when facing a risk of stockouts due to demand uncertainty and order lead times for imports. We study two …

Uncertainty about the level of demand is thought to influence irreversible capacity decisions. This paper examines some … implications of the theory literature on this topic in an empirical study of the US cement industry between 1994 and 2006. Firms in … capacity sufficient to supply positive local demand shocks. In the presence of uncertain demand, firms may choose to serve …

It is widely understood that the real price of globally traded commodities is determined by the forces of demand and … supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with …