In this paper we propose a new class of tests for the martingale difference hypothesis based on the moment conditions derived by Bierens (1982). In contrast with the existing consistent tests, the proposed test has a standard limiting distribution and is easy to implement. Comparing with the...

Suppliers often make proactive investments to strategically position themselves to win contracts with a large buyer. Such investments reduce the suppliers' variable costs of serving the buyer's demand. We show that an auction mechanism does not always benefit the buyer, the supply chain, or the...

We study two main questions in this paper: (1) How do spillovers of knowledge created by manufacturers' investments in process innovation affect channel structure and effort investment incentives? (2) What are the interactions between organizational incentives to form joint ventures and...

In this paper we analyze the joint implications of two effects: (a) inserting independent profit-maximizing retailers into the channel system provides “buffering” to the manufacturers from price competition when their products are highly substitutable and intrachannel contracts are...

Measures to extend the economic lives of products--such as remanufacturing carried out by <i>closed-loop supply chains</i>--are receiving increased attention because of various economic and regulatory factors. In this paper, we examine drivers of price differentials between new and remanufactured...

As is our tradition at the journal, we are pleased to publish the extended abstracts from the winners of the 2004 MSOM Student Paper Competition. We do this to celebrate the achievements of these young scholars and provide you with the opportunity to learn about their work in more detail. The...

This paper discusses the trends in India's outward FDI over the last decade and then attempts to identify the driving factors for the same. The aim is to provide policy makers with insights regarding levers which would help in encouraging FDI outflows and to stimulate further research in foreign...

In the vision of the Group, school mathematics takes place in a situation where: (1) Children learn to enjoy mathematics, (2) Children learn important mathematics, (3) Mathematics is a part of children’s life experience which they talk about, (4) Children pose and solve meaningful...