In this article, we introduce an optimization model aimed to assist aviation authorities in their strategic decisions regarding the long-term expansion of a network of airports. The objective is to maximize total system throughput for a given budget taking into account the capacity of the...

We estimate the effect of electorally induced policy uncertainty on investment in the manufacturing sector. Because state governors exercise considerable influence over legislation and considerable discretion over regulation and permitting, and because the policies relevant to business...

Acquisition-based dynamic capabilities have become well established as a new imperative for organizing mergers and acquisitions (M&A) processes. However, understanding the full benefits and possible limits of real options applications to measure a dynamic capability-based synergy in M&A deals...