Narrow search
Showing 1 - 10 of 114
Cover Image
The Queue Inference Engine: Deducing Queue Statistics from Transactional Data
Larson, Richard C. - In: Management Science 36 (1990) 5, pp. 586-601
behavior of Poisson arrival queueing systems from only the transactional data and the Poisson assumption. For each congestion … recursive function. The results are exact for a homogeneous Poisson arrival process (with unknown parameter) and approximately … correct for a slowly time varying Poisson process. …
Persistent link: https://www.econbiz.de/10009214527
Cover Image
An Analysis of the Risk in Discretely Rebalanced Option Hedges and Delta-Based Techniques
Robins, Russell P.; Schachter, Barry - In: Management Science 40 (1994) 6, pp. 798-808
The stochastic properties of discretely rebalanced option hedges have been studied extensively beginning with Black and … analytical expressions for the variance minimizing option hedge ratios. We also evaluate the hedge variance to assess the …
Persistent link: https://www.econbiz.de/10009209122
Cover Image
Financial Data and the Skewed Generalized T Distribution
Theodossiou, Panayiotis - 2008
This paper develops a skewed extension of the generalized t (GT) distribution, introduced by McDonald and Newey (1988). In particular, the paper derives the mathematical moments and other properties of the distribution and assesses its ability to fit the empirical distribution of several...
Persistent link: https://www.econbiz.de/10012728387
Cover Image
The Earnings Expectations Game and the Dispersion Anomaly
Veenman, David; Verwijmeren, Patrick - 2021
This study examines the role of differences in firms' propensity to meet earnings expectations in explaining why firms with high analyst forecast dispersion experience relatively low future stock returns. We first demonstrate that the negative relation between dispersion and returns is...
Persistent link: https://www.econbiz.de/10013250530
Cover Image
Effects of Piracy on Quality of Information Goods
Lahiri, Atanu; Dey, Debabrata - In: Management Science 59 (2013) 1, pp. 245-264
It is commonly believed that piracy of information goods leads to lower profits, which translate to lower incentives to invest in innovation and eventually to lower-quality products. Manufacturers, policy makers, and researchers all claim that inadequate piracy enforcement efforts translate to...
Persistent link: https://www.econbiz.de/10010990428
Cover Image
Selling to Strategic Consumers When Product Value Is Uncertain: The Value of Matching Supply and Demand
Swinney, Robert - In: Management Science 57 (2011) 10, pp. 1737-1751
uncertain, heterogeneous valuations for a product. Consumers have the option of purchasing the product early, before its value …
Persistent link: https://www.econbiz.de/10010990465
Cover Image
Selling to Conspicuous Consumers: Pricing, Production, and Sourcing Decisions
Tereyagoglu, Necati; Veeraraghavan, Senthil - In: Management Science 58 (2012) 12, pp. 2168-2189
challenges in making optimal pricing and production decisions. Such firms are confronted with precipitous trade-off between high … of conspicuous consumption. In this paper, we propose a model that addresses pricing and production decisions for a firm …
Persistent link: https://www.econbiz.de/10010990501
Cover Image
Optimal Search for Product Information
Branco, Fernando; Sun, Monic; Villas-Boas, J. Miguel - In: Management Science 58 (2012) 11, pp. 2037-2056
importance/informativeness of each attribute. We discuss optimal pricing, the impact of consumer search on profits and social …
Persistent link: https://www.econbiz.de/10010990569
Cover Image
Consumer Valuation of Modularly Upgradeable Products
Ülkü, Sezer; Dimofte, Claudiu V.; Schmidt, Glen M. - In: Management Science 58 (2012) 9, pp. 1761-1776
actual upgrade decision, they are more likely to revert to modular upgrades. Finally, we discuss and test several pricing and …
Persistent link: https://www.econbiz.de/10010990570
Cover Image
Bayesian Dynamic Pricing Policies: Learning and Earning Under a Binary Prior Distribution
Harrison, J. Michael; Keskin, N. Bora; Zeevi, Assaf - In: Management Science 58 (2012) 3, pp. 570-586
Motivated by applications in financial services, we consider a seller who offers prices sequentially to a stream of potential customers, observing either success or failure in each sales attempt. The parameters of the underlying demand model are initially unknown, so each price decision involves...
Persistent link: https://www.econbiz.de/10010990574