We investigate the use of bilateral advance pricing agreements (BAPAs) to resolve transfer pricing disputes between a taxpayer and two tax authorities. BAPAs are designed to protect firms from double taxation while reducing expected compliance costs. We identify settings in which we expect BAPAs...

In many fields of applied probability, one deals with an (observed) impact point process triggered by another (unobservable) point process with each triggering point causing an impact point after a random delay. We consider the common case of delays being i.i.d random variables and independent...

Most maintenance studies deal with the problem of maintenance-costs optimization, given the cost of the available maintenance actions and a cost objective function. The focus in this paper is on yet another relevant aspect namely the improvement in performance that results from a maintenance...

This work deals with batch provisioning and order aggregation. Two examples are: (i) a manufacturer that has to deliver items to customers in a remote destination, and (ii) a company that provides repair and replacement service to its clients. In both cases the remoteness of customers suggests...

A machine consists of two stochastically failing units. Failure of either of the units causes a failure of the machine and the failed unit has to be replaced immediately. Associated with the units are running costs which increase with the age of the unit because of increasing maintenance costs,...

In a previous paper [1] we have proved the optimality of a control limit policy for certain two-unit systems with running costs. Under such a policy when either of theunits fails we also replace the other unit if its age exceeds a predetermined control limit. In this work we develop a procedure...

In many fields of applied probability, one deals with an (observed) impact point process triggered by another (unobservable) point process with each triggering point causing an impact point after a random delay. We consider the common case of delays being i.i.d random variables and independent...