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This paper contains a list of all publications over the period 1956-2005, as reported in the Rotterdam Econometric Institute Reprint series during 1957-2005.
Persistent link: https://www.econbiz.de/10004991101
We present the Lagrange multiplier rule, one of the basic optimization methods, in a new way. Novel features include: • Explanation of the true source of the power of the rule: reversal of tasks, but not the use of multipliers. • A natural proof based on a simple picture, but not the...
Persistent link: https://www.econbiz.de/10004991102
In this paper we discuss several methods to solve large real-world instances of the vehicle and crew scheduling problem. Although, there has been an increased attention to integrated approaches for solving such problems in the literature, currently only small or medium-sized instances can be...
Persistent link: https://www.econbiz.de/10004991103
We propose a new reference price framework for brand choice. In this framework, we employ a Markov-switching process with an absorbing state to model unobserved price recall of households. Reference prices result from the prices households are able to remember. Our model can be used to learn how...
Persistent link: https://www.econbiz.de/10004991104
The induced path function $J(u, v)$ of a graph consists of the set of all vertices lying on the induced paths between vertices $u$ and $v$. This function is a special instance of a transit function. The function $J$ satisfies betweenness if $w \in J(u, v)$ implies $u \notin J(w, v)$ and $x \in...
Persistent link: https://www.econbiz.de/10004991105
In this article we propose and implement an instrumental variable estimation procedure to obtain treatment effects on duration outcomes. The method can handle the typical complications that arise with duration data of time-varying treatment and censoring. The treatment effect we define is in...
Persistent link: https://www.econbiz.de/10004991106
In this paper we proposed an efficient algorithm to solve the joint replenishment problem to optimality. We perform a computational study to compare the performance of the proposed algorithm with the best one reported in Viswanathan [6]. The study reveals that for large minor set-up costs and...
Persistent link: https://www.econbiz.de/10004991107
The geometric distributed lag model, after application of the so-called Koyck transformation, is often used to establish the dynamic link between sales and advertising. This year, the Koyck model celebrates its 50th anniversary.In this paper we focus on the econometrics of this popular model,and...
Persistent link: https://www.econbiz.de/10004991108
Many authors have written about Mass Customization and its features and categories. Literature on the implementation of Mass Customization, and in particular the supporting information technology, is scant. This paper attempts to fill this gap by focusing on this subject. We determine the key...
Persistent link: https://www.econbiz.de/10004991109
We consider tests for sudden changes in the unconditional volatility of conditionally heteroskedastic time series based on cumulative sums of squares. When applied to the original series these tests suffer from severe size distortions, where the correct null hypothesis of no volatility change is...
Persistent link: https://www.econbiz.de/10004991110