This article theoretically and empirically examines the antecedents and consequences of project learning during the new financial service innovation process. We analyze the impact of project learning on project performance and performance of the financial institution. Next we investigate the...

This paper proposes a new method for probabilistic analysis of online algorithms that is based on the notion of stochastic dominance. We develop the method for the Online Bin Coloring problem introduced by Krumke et al. Using methods for the stochastic comparison of Markov chains we establish...

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...

I propose a general collective decision problem consisting in many issues that are interconnected in two ways: by mutual constraints and by connections of relevance. Aggregate decisions should respect the mutual constraints, and be based on relevant information only. This general informational...

This study develops a new bias-corrected estimator for the fixed-effects dynamic panel data model and derives its limiting distribution for fixed T and N large. The bias-corrected estimator is derived as a bias correction of the least-squares dummy variable (within) estimator. It does not share...

An important strategic element in the planning process of a railway operator is the development of a line plan, i.e. a set of routes (paths) on the network of tracks, operated at a given hourly frequency. The models described in the literature have thus far considered only lines that halt at all...

The Stackelberg pricing problem has two levels of decision making: tariff setting by an operator, and then selection of the cheapest alternative by customers. In the network version, an operator determines tariffs on a subset of the arcs that he owns. Customers, who wish to connect two vertices...

Ecological taxes are categorically different from the classical taxes which seek to extract a certain revenue at a minimum excess burden. Classical taxes are levied so as to interfere with the market based allocation of recourses as little as possible. Ecological taxes, on the other hand, are...

This paper provides empirical evidence on the existence of implicit taxes in the corporate sector. With this finding, it provides support for the offsetting nature of explicit versus implicit taxes. Governments continuously provide tax preferences (tax incentives) to firms to induce these firms...

There appear to be some problems in defining direct marketing. Bauer and Miglautsch (1992) present direct marketing as a relational marketing process. According to Schofield (1995: 36), "Such a definition excludes much marketing work which employs individual direct marketing techniques on a...