Narrow search
Showing 1 - 10 of 12,276
Cover Image
Sales force deployment by genetic concepts
Sprecher, Arno - 1999
Sales force management decisions belong to the major issues considered in marketing research. Among others, the alignment of sales territories has been one of the main field of work for years. Recent results have reported a strong impact of the alignment of sales territories on profit, and,...
Persistent link: https://www.econbiz.de/10011558753
Cover Image
Cost Sharing under Uncertainty: An Algorithmic Approach to Cooperative Interval-Valued Games
Kimms, Alf; Drechsel, Julia - In: BuR - Business Research 2 (2009) 2, pp. 206-213
Recently, Branzei, Dimitrov, and Tijs (2003) introduced cooperative interval-valued games. Among other insights, the notion of an interval core has been coined and proposed as a solution concept for interval-valued games. In this paper we will present a general mathematical programming algorithm...
Persistent link: https://www.econbiz.de/10010421344
Cover Image
Relative performance evaluation in a multi-plant firm
Luporini, Annalisa - 2005
We analyze optimal compensation schedules for the directors of two plants belonging to the same owner and producing the same good but serving geographically differentiated markets. Since the outcome of each director depends on his own effort and on a random variable representing market...
Persistent link: https://www.econbiz.de/10010261151
Cover Image
Is there an optimization in bounded rationality? : The ratio of aspiration levels
Beckenkamp, Martin - 2004
Simon's (1955) famous paper was one of the first to cast doubt on the validity of rational choice theory; it has been … supplemented by many more papers in the last three and a half decades. Nevertheless, rational choice theory plays a crucial role in … classical and neoclassical economic theory, which presumes a completely rational agent. The central points characterizing such …
Persistent link: https://www.econbiz.de/10010261480
Cover Image
A Quasilinear Parabolic Equation with Quadratic Growth of the Gradient modeling Incomplete Financial Markets
Düring, Bertram; Jüngel, Ansgar - 2004
We consider a quasilinear parabolic equation with quadratic gradient terms. It arises in the modelling of an optimal portfolio which maximizes the expected utility from terminal wealth in incomplete markets consisting of risky assets and non-tradable state variables. The existence of solutions...
Persistent link: https://www.econbiz.de/10010263419
Cover Image
Solving linear rational expectations models with lagged expectations quickly and easily
Meyer-Gohde, Alexander - 2007
A solution method is derived in this paper for solving a system of linear rational-expectations equation with lagged expectations (e.g., models incorporating sticky information) using the method of undetermined coefficients for the infinite MA representation. The method applies a combination of...
Persistent link: https://www.econbiz.de/10010263712
Cover Image
A maximum principle for control problems with monotonicity constraints
Hellwig, Martin - 2008
The paper develops a version of Pontryagin's maximum principle for optimal control problems with monotonicity constraints on control variables. Whereas the literature handles such constraints by imposing an assumption of piecewise smoothness on the control variable and treating the slope of this...
Persistent link: https://www.econbiz.de/10010264833
Cover Image
Profit-oriented shift scheduling of inbound contact centers with skills-based routing, impatient customers, and retrials
Helber, Stefan; Henken, Kirsten - 2007
This paper presents a profit-oriented shift scheduling approach for inbound contact centers. The focus is on systems in which multiple agent classes with different qualifications serve multiple customer classes with different needs. We assume that customers are impatient, abandon if they have to...
Persistent link: https://www.econbiz.de/10010264932
Cover Image
Linearisierungsverfahren für Standortplanungsprobleme mit nichtlinearen Transportkosten
Stolletz, Raik; Stolletz, Lars - 2008
This paper analyzes the Steiner-Weber-Problem with piecewise linear or piecewise constant transportation costs. These non-differentiable cost functions are analyzed using different one-step and dynamic linearization methods, which are based on approximations via average and marginal costs. An...
Persistent link: https://www.econbiz.de/10010264939
Cover Image
Using linear programming to analyze and optimize stochastic flow lines
Helber, Stefan; Schimmelpfeng, Katja; Stolletz, Raik; … - 2008
This paper presents a linear programming approach to analyze and optimize flow lines with limited buffer capacities and stochastic processing times. The basic idea is to solve a huge but simple linear program that models an entire simulation run of a multi-stage production process in discrete...
Persistent link: https://www.econbiz.de/10010264940