This paper analyzes the internal divisional structure within an organization in the framework of incomplete contract theory. We use the framework of Aghion and Tirole (1997) and dene the managerial control structure as \sequence of search". A key feature of this paper which di erentiate it from...

Many parameters and positive-definiteness are two major obstacles in estimating and modeling a correlation matrix for longitudinal data. In addition, when longitudinal data is incomplete, incorrectly modeling the correlation matrix often results in bias in estimating mean regression parameters....

We consider the scheduling problem of minimizing the average wighted completion time of n jobs with release dates on a single machine. We first study two linear programming relaxations of the problem, one based on time-indexed formulation, the other on a completion-time formulation. We show...

Given a network, the facility location problem consists of locating a set of sites on the network to serve existing clients so as to minimize its total cost. Special cases include the simple plant location problem (SPLP), bank account location, p-facility location, and p-median problem.

This paper provides a new approach to solving the three-dimensional packing problem. The heuristic developed uses a multi-faced buildup technique in the packing procedure for which there is no requirement for packed boxes to form flat layers. The basic algorithm is then augmented by a Look-ahead...