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Forecast sharing is studied in a supply chain with a manufacturer that faces stochastic demand for a single product and a supplier that is the sole source for a critical component. The following sequence of events occurs: the manufacturer provides her initial forecast to the supplier along with...
Persistent link: https://www.econbiz.de/10009203778
administer, then the coordination of the supply chain and the arbitrary allocation of its profit is possible. Several limitations …
Persistent link: https://www.econbiz.de/10009191918
Environmental degradation is increasingly causing cross-border displacement of people, but countries have formed no treaties to facilitate collaboration on the issue. When is such collaboration feasible, and how should environmental displacement treaties be designed? We present a game-theoretic...
Persistent link: https://www.econbiz.de/10010848100
sunlight from planet Earth and remove carbon dioxide from the atmosphere. In this article, I develop a strategic theory of …
Persistent link: https://www.econbiz.de/10010848116
Multilateral funding for global environmental protection, such as biodiversity conservation, requires donor participation. When are donors willing to participate? We examine a game-theoretic model of multilateral funding for environmental projects in developing countries. Donors must first...
Persistent link: https://www.econbiz.de/10010885176
In democratic societies, citizens can hold their government politically accountable for the consequences of international cooperation. Can democratic accountability shape international cooperation under strategic interdependence, and if so, to what effect? I show formally that citizens can endow...
Persistent link: https://www.econbiz.de/10009654074
We investigate a two-stage serial supply chain with stationary stochastic demand and fixed transportation times. Inventory holding costs are charged at each stage, and each stage may incur a consumer backorder penalty cost, e.g. the upper stage (the supplier) may dislike backorders at the lower...
Persistent link: https://www.econbiz.de/10009208952
This paper studies a queuing model in which a buyer sources a good or service from a single supplier chosen from a pool of suppliers. The buyer seeks to minimize the sum of her procurement and operating costs, the latter of which depends on the supplier's lead time. The selected supplier can...
Persistent link: https://www.econbiz.de/10009214721
Consider a supplier selling to multiple retailers. Demand varies across periods, but the supplier's capacity and wholesale price are fixed. If demand is high, the retailers' needs exceed capacity, and the supplier must implement an allocation mechanism to dole out production. We examine how the...
Persistent link: https://www.econbiz.de/10009214883
The newsvendor model is designed to decide how much of a product to order when the product is to be sold over a short selling season with stochastic demand and there are no additional opportunities to replenish inventory. There are many practical situations that reasonably conform to those...
Persistent link: https://www.econbiz.de/10009218687