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robustness under risk aversion and ambiguity aversion. We aim to understand the potential consequences of deeply uncertain … chain-level preparedness to aggregate shocks. Augmenting a parsimonious supply chain model with uncertainty, we analyse the … relationship between the upstream sourcing decisions and the supply chain survival probability. Both risk-averse and ambiguity …
Persistent link: https://www.econbiz.de/10014520125
-dependent GSCs and study resilience and robustness in presence of hybrid shocks. The scalable data model is parameterised by … resilience. Model-based simulations facilitate decision making by providing interoperable and directly comparable quantifications … reliance, identify possible vulnerabilities by simulating shocks to GSCs in presence of uncertainty. We stress test supply …
Persistent link: https://www.econbiz.de/10014304804
robustness under risk aversion and ambiguity aversion. We aim to understand the potential consequences of deeply uncertain … chain-level preparedness to aggregate shocks. Augmenting a parsimonious supply chain model with uncertainty, we analyse the … relationship between the upstream sourcing decisions and the supply chain survival probability. Both risk-averse and ambiguity …
Persistent link: https://www.econbiz.de/10014550277
Persistent link: https://www.econbiz.de/10014540720
paper studies a very stylized model of a supply chain, where we study how the decision of a multinational corporation … changes in the presence of uncertainty. The two standard theories of supply chain are Just-in-time and Just-in-case. Just … idiosyncratic risk. We find that a robust supply chain is very different specially in the presence of systemic shocks. In this case …
Persistent link: https://www.econbiz.de/10013211288
Persistent link: https://www.econbiz.de/10013382485
Persistent link: https://www.econbiz.de/10014460457
This paper studies how trade policy uncertainty (TPU) affects the pass-through of import tariff and exchange rate …, especially when price rigidities are present. Using a dynamic model of exporting with costly price adjustments and variable … in 2018-2019 into U.S. import prices and the prediction of a standard model without TPU. High TPU also increases tariff …
Persistent link: https://www.econbiz.de/10014348910
This paper studies how the sensitivity of consumption to income has changed over time as the degree of financial integration has risen. In standard theory, greater financial integration facilitates international borrowing and lending, helping to reduce the sensitivity of consumption growth to...
Persistent link: https://www.econbiz.de/10011457468
Persistent link: https://www.econbiz.de/10014291890