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This paper addresses an inter-temporal inventory competition between a supplier (a provider, manufacturer) and a retailer engaged in a supply chain. The paper's focus is on the effect of capacity constraints on both parties when demands are seasonal. The paper provides a comparative study of two...
Persistent link: https://www.econbiz.de/10013128791
Both risk externalities and moral hazard have conjured to induce risks of substantial consequences. These require both complex and creative regulation as well as control to inspect and prevent potential perpetrators. Sovereign maritime and port responsibilities are affected by such problems...
Persistent link: https://www.econbiz.de/10013132005
This paper discusses facets of the insurance-finance convergence and their competition. Differences and similarities are emphasized and examples are used to highlight their approaches to pricing. We emphasize situations that are particular to the insurance world, such as non normal risks,...
Persistent link: https://www.econbiz.de/10013132007
Water management have been plagued by the problem of determining its price. The purpose of this paper is to provide a financial based approach for the implied price of water shortfall. To do so, we consider the price of municipalities' contracts for external water supplies (such as supply from...
Persistent link: https://www.econbiz.de/10013136418
This paper considers an energy-pollution economic problem which uses a stochastic queue framework. This approach is shown to establish a link between a firm's energy consuming economic activity and its effects on the pollution that it generates as a function of its activity. An economic model is...
Persistent link: https://www.econbiz.de/10013071001
Managing risk and safety consists in defining, measuring, estimating, analyzing, valuing-pricing and integrating all facets of risk and their safety-consequential effects (real or not, external, internally induced or use dependent) into a whole system which can contribute to their design,...
Persistent link: https://www.econbiz.de/10013152304