Why has the aggregate level of hedge fund alpha (risk-adjusted return) decreased over the last decade? By studying the distribution of individual hedge fund alphas, we find that the large right tail (the percentage of funds with positive alphas) that was once present has shrunk over time, while...

This dissertation deals with the problem bidders have to solve to formulate their bids in two types of auctions: reverse and combinatorial auctions.In reverse procurement auctions the object for sale is a contract, bidders are suppliers, and the bid taker is a buyer. The suppliers bidding for...

This dissertation explores coordination schemes that can be used to align the incentives of an original equipment manufacturer (OEM) and its contract manufacturer (CM). The coordination ismediated by demand forecast sharing and component overage risk sharing. Three major problems are studied:...

This dissertation consists of the three essays on R&D project choice in the presence of compatibility externality.In the first essaywe consider a R&D contest between two firms who can choose to concentrate their research in one of two avenues or approaches. In the R&D contest, firms compete in...

This dissertation investigates the coordination between new and used product sales using both empirical and analytical approaches.The first essay studies the potential for cannibalization of new product sales by remanufactured versions of the same product, which is a central issue in managing...

Efficient allocation of scarce resources is one of the central themes in economics. The essays in this thesis approach two aspects of this problem. In the first essay I consider the problem of the efficient provision of a public good with congestion in a setting with asymmetric information....

For the past several decades, advances in manufacturing and supply chain management have improved the business environment. Nonetheless, dynamics, such as various unexpected disruptions and uncertainties, in business operations have significant impact on decision-making efficiency. Adoption of...

This dissertation aims at modelling uncertainty and deriving managerial implications in different areas. Due to uncertainty and limited information, a firm may encounter difficulties in decision making and sometimes make wrong decision. For this reason, I provide models to incorporate...

This study addresses the problem of analyzing the temporal dynamics of business organizations. In particular, we concentrate on inferring the related businesses, i.e., are there groups of companies that are highly correlated through some measurement (metric)?We argue that business relationships...

Historically, congestion pricing is considered as an efficient pricing mechanism to decrease total social cost by eliminating rush hour congestion. However, in order to eliminate rush hour congestion, deterministic settings are usually necessary. In recent research, even if some uncertain...