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We consider two-echelon supply chains with one supplier and two retailers. Retailers are censored newsvendors facing general parametric demand distributions involving unknown parameters. Using a Bayesian MDP formulation, we investigate how the supplier can make use of the combined information...
Persistent link: https://www.econbiz.de/10005819070
Between 1917 and 1938, the Mexican government wrote a series of nationalist laws affecting the operations of the foreign multinationals operating there. This nationalism reached its peak in 1938, when the Mexican government expropriated foreign assets in the oil industry. During this period, the...
Persistent link: https://www.econbiz.de/10005819072
This paper examines the effects of co-specialized information technology (IT) on the growth and performance of IT-investing firms as a driver of competitive advantages. By adopting resource-based and dynamic-capability perspectives on firm-specific IT systems, we first identify the mechanisms of...
Persistent link: https://www.econbiz.de/10005819075
We question previous research assuming that privatizing firm performance benefits from decreasing state ownership and the passage of time, both of which purportedly align principle-agent incentives promoting organizational decision-making that increases shareholder value. In response, we develop...
Persistent link: https://www.econbiz.de/10005819076
The US corporations United Fruit and Standard Oil (New Jersey) have been historically considered the purest representatives of American imperialism in Latin America, generating strong nationalist feelings and hostile actions from both working classes and local elites. By studying these two...
Persistent link: https://www.econbiz.de/10005819077
The proliferation of both online and bricks and mortar outlet stores underscores the observation that secondary markets are readily accessible to retailers of short-life-cycle products. These secondary markets provide recourse channels for retailers to sell excess inventory of out of favor items...
Persistent link: https://www.econbiz.de/10005819078
In contrast to the prevailing supply-side explanation that price decreases are the key driver of a sales take-off, we argue that outward shifting supply and demand curves lead to market take-off. Our fundamental idea is that sales in new markets are initially low since the first commercialized...
Persistent link: https://www.econbiz.de/10005819079
Information integration is a leading aim for many supply-chain managers. Although the benefits of successful information integration are desirable, the barriers are quite daunting. Our study benchmarks the current status of information integration in supply chain management using indepth case...
Persistent link: https://www.econbiz.de/10005819080
This paper develops a theory of the endogenous formation of a common market in a three-country, n factor political economy model. Ex ante policies in each of the prospective members are the result of direct democracy, and equilibrium outcomes may include both import restrictions as well as...
Persistent link: https://www.econbiz.de/10005819081
A growing body of research in management and related public policy fields concludes that the 1980s and 1990s saw greater dynamic competition throughout technology-intensive ("TI") industries, with wide-spread, steady increase in TI industry and business performance instability as principal...
Persistent link: https://www.econbiz.de/10005819082