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Former studies have shown that people tend to give buying prices that are lower than selling prices. In our study we investigate if this willingness to accept and willingness to pay disparity sustains for state contingent claims. Contingent claims are defined using risky, ambiguous, and...
Persistent link: https://www.econbiz.de/10011594597
In der 3. Auflage (1993) des "Handwörterbuchs des Rechnungswesens" taucht der Begriff "Innovation" weder unter den Stichworten noch im Sachregister auf. Ein erstaunlicher Befund, wenn man ihn im Vergleich mit der praktisch gleichzeitig erschienenen 3. Auflage des "Handwörterbuchs der...
Persistent link: https://www.econbiz.de/10011594599
There is often a clash between the necessity to innovate and the high economic risks involved in the introduction of novelties. The technology-strategies developed in reaction to this situation aim at profiting from the technological leader's or the innovator's experience: the technological...
Persistent link: https://www.econbiz.de/10011594600
Persistent link: https://www.econbiz.de/10011594604
This paper presents a mixed-integer program for the dynamic lot sizing and scheduling problem in a multi-level, single-machine environment. It turns out that in contrast to single-level problems the integration of initial inventory is a crucial aspect if generality should not be lost. It is...
Persistent link: https://www.econbiz.de/10011594606
The traditional techniques of calculating quantity and price variances for analyzing deviations of realized profit contribution (actual) from the planned profit contribution only offer the benefit of identifying areas where problems may exist, rather than diagnosing the causes of these problems....
Persistent link: https://www.econbiz.de/10011594607
Almost all of the results on competitive product positioning derived in respective literature so far are based fimdamentally on the hypothesis that Nash-equilibria are "accurate predictions" of final market configurations. If the positioning behavior of firms differs from this assumed...
Persistent link: https://www.econbiz.de/10011594610
In der jüngsten Vergangenheit wird der Effizienz und Effektivität von Funktionen, die von Unternehmen selbst wahrgenommen werden, erhöhte Aufmerksamkeit geschenkt. Während diese Diskussion bisher auf den Bereich der Beschaffung und Produktion beschränkt war, wird neuerdings im Rahmen von...
Persistent link: https://www.econbiz.de/10011594612
inventive and persistent researchers, it seems virtually impossible to find efficient algorithms. In this Situation, the theory … instances attempted. In this work we develop the basic concepts of complexity theory. While doing so, we aim at presenting the … formal problem classes which are studied in complexity theory. …
Persistent link: https://www.econbiz.de/10011594617
Complexity proofs often restrict themselves to stating that the problem at hand is a generalization of some other intractable problem, This proof technique relies on the widely accepted assumptions that complexity results hold regardless of the model formulation used to represent the problem and...
Persistent link: https://www.econbiz.de/10011594619