In the American economy practically no penalty for fluctuations in placing orders is incurred by the ordering company, even though such fluctuations are costly to manufacturers and to the economy as a whole. In particular, dynamic pricing by suppliers, which would communicate information on...

Much of traditional investment theory is based on risk taking with known parameters. This article looks at a case where the parameters of the risk function are unknown and investors therefore face uncertainty in risk-taking. We provide a theoretical background to develop alternative cognitive...

Findings are presented from a study of the cognitive behaviours of 57 venture capital investors in the early-stage technology sector during the 1998 -- 2001 Internet bubble period. The inductive research methodology was based on open-ended qualitative interviews with investment...

This paper presents an extension to the economic growth model developed by Wong, Ho, and Autio (2005), to reflect differences in the economic effects of opportunity and necessity-based entrepreneurship in both emerging and developed countries. Data from 44 countries for the years 2004 and 2005,...

In this paper the authors present an interpretive discussion of the scope for management scientists to make a more effective contribution to improving the performance of the Canadian economy, by active involvement in management and decision making in Canadian institutions, both private and...

A general mathematical model is formulated for the problem of scheduling production quantities for a group of products with seasonal stochastic demand through a common production facility. It is assumed that revised forecasts of total demand over the season for each product become available as...