Economies are complicated systems encompassing micro behaviors, interaction patterns, and global regularities. Whether partial or general in scope, studies of economic systems must consider how to handle difficult real-world aspects such as asymmetric information, imperfect competition,...

One of the fundamental problems in operations management is to determine the optimal investment in capacity. Capacity investment consumes resources and the decision is often irreversible. Moreover, the available capacity level affects the action space for production and inventory planning...

Lot-sizing and capacity planning are important supply chain decisions, and competition and cooperation affect the performance of these decisions. In this paper, we look into the dynamic lot sizing and resource competition problem of an industry consisting of multiple firms. A capacity...

After the SEC mandates the disclosure of Chief Financial Officers (CFOs)' compensation in 2006, CFO pay increases significantly relative to CEO pay, particularly in firms most affected by the mandate. CFOs (but not CEOs) are more likely to leave their firms following poor performance. Earnings...

Do letter grades in introductory courses affect students’ choice of major; if so, why and what are the consequences on labor market outcomes? We focus on social science and humanities students at the National University of Singapore, who are required to take introductory courses in multiple...