We directly compare retail investor execution costs with exchange execution costs. We find off-exchange retail trades execute at lower effective spreads than comparable exchange trades, primarily due to the uninformed nature of retail trades. These results hold when payment for order flow (PFOF)...

Purpose: The primary objective of this paper is to show how mathematical modeling can be used for solving a third party logistics (3PL) allocation problem.Design/methodology/approach: The solution approach consists of finding a compromise solution for the six different strategies, defined in the...

The new challenges of Agile Manufacturing system led to study of computational cooperative problem solving models. The goal is to develop appropriate computational approaches to support adaptive, cost-effective responsiveness. In particular, the challenging problem of job shop scheduling, this...

This paper extends Boyle and Guthrie (2003) to investigate the interdependent effects of asymmetric financing capacities and investment costs on investment timing decisions in a duopoly with a first-mover advantage. We demonstrate several novel findings. First, suffering a significant cost...

The generation of huge data with high velocity creates alteration in the distribution of the stream data, which is defined as the concept of drifts. The concept drifts negatively influence the classification accuracy and the stability of the data streams. Numerous machine learning-based models...

In this paper, we have studied the links between (the timing of) innovation policies and abatement policies under different assumptions of innovation policies such as the possibilities to use patent life time as a policy instrument. We study the timing and interdependence between optimal...

This paper studies how technology diffusion interacts to endogenously determine the productivity distribution and generate aggregate growth. This paper models firms that choose to adopt technology, or produce with their existing technology. In the context of technology diffusion, one therefore...