Helmond Print B.V., a (fictional) Dutch print provider, is facing competitive problems. The student is expected to step into the role of an independent expert advising Helmond Print''s owner and manager. The first objective is to let the student find out, from a piece of qualitative and...

A potentially powerful way to assist consumers in making dynamic shopping decisions is to disclose price information to them before they shop, for example by posting prices on the Internet. This paper addresses the differential impact of disclosing either only current, or both current and future...

Mixed model assembly systems assemble products (parts) of differenttypes in certain prespecified quantities. A minimal part set is a smallestpossible set of product type quantities, to be called the multiplicities,in which the numbers of assembled products of the various types are inthe desired...

In a model with a continuum of voters with symmetric single-peaked preferences on the one-dimensional unit interval (representing the political spectrum) a voting rule assigns to each profile of votes a point in the interval. We characterize all voting rules that are strategy-proof, anonymous,...

We consider a revenue maximization problem where we are selling a set of m items, each of which available in a certain quantity (possibly unlimited) to a set of n bidders. Bidders are single minded, that is, each bidder requests exactly one subset, or bundle of items. Each bidder has a valuation...

An often made distinction in the study of time in organizations is that between objective,linear, homogeneous, linear, measurable, Newtonian time, also called Chronos, andsubjective, non-linear, heterogeneous, experienced, event time, also designated as Kairos.These conceptions of time are...

There is an extensive litarature claiming that it is often difficult to make use of arbitrage opportunities in financial markets. This paper provides a new reason why existing arbitrage opportunities might not be seized. We consider a world with short-lived securities, no short-selling...

This paper proposes a new testing approach for panel unit roots that is, unlike previously suggested tests, robust to nonstationarity in the volatility process of the innovations of the time series in the panel. Nonstationarity volatility arises for instance when there are structural breaks in...

We propose a new dynamic copula model where the parameter characterizing dependence follows an autoregressive process. As this model class includes the Gaussian copula with stochastic correlation process, it can be viewed as a generalization of multivariate stochastic volatility models. Despite...

We consider the single-item discrete lot-sizing and scheduling problem. We present a partial linear description of the convex hull of feasible solutions that solves this problem in the presence of Wagner-Whitin costs.