This paper studies the problem of how to coordinate postponed product differentiation and forecast update to improve manufacturing efficiency. We consider a two-stage model of multiple products with a common component. In stage 1, the manager obtains a prior demand distribution of each product...

We investigate the effect of climate change on population growth in 18th and 19th century Iceland. We find that annual temperature changes help determine the population growth rate in pre-industrial Iceland: a year 1 degree Celsius cooler than average drives down population growth rates by...

The start of the smart grid program will drive significant changes of grid operation, management, customer service and social energy use patterns. Informatization as the Smart Grid “four modernizations” breakthrough feature, its importance is distinguished. The important feature, trends,...

We consider a supply chain in which a producer supplies a fresh product, through a third-party logistics (3PL) provider, to a distant market where a distributor purchases and sells it to end customers. The product is perishable, both the quantity and quality of which may deteriorate during the...

Stochastic Data Envelopment Analysis (DEA) models have been introduced in the literature to assess the performance of operating entities with random input and output data. A stochastic DEA model with a reliability constraint is proposed in this study that maximizes the lower bound of an...

In multi-criteria group decision making, a key issue is aggregating individual preference into group one. In this study, we employ a bilateral agreement to conduct group evaluation of alternatives. The bilateral agreement between a pair of individuals could be on the weight of a criterion, a...

Based on environmental Kuznets curve theory, a panel data model which takes environmental regulation and technical progress as its moderating factors was developed to analyse the institutional and technical factors that affect the path of low-carbon economic development. The results indicated...

This paper discusses existing problems in protecting rights and interests of land-expropriated farmers during urbanization, such as those farmers failure to obtain benefits from land increment, difficult employment and imperfect social security system. Reasons for losses of farmers’...

In this article, we empirically investigate the relationship between realized and risk-neutral volatilities by applying the model-free measures to FTSE-100 index and index options from April 1992 to March 2005. Based on the deviation between the risk-neutral and the physical volatilities, we...

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