While balancing straight assembly lines is a well-studied problem, the Situation where the assembly line has a U-shaped Iayout is a still emerging research field. The advantage of these lines is that workers may simply turn around to operate at two legs of the line. Hence, there is an additional...

The design of the distribution system is a Strategie issue for almost every Company. The Problem of locating facilities and allocating customers Covers the core topics of distribution system design. Model formulations and Solution algorithms which address the issue vary widely in terms of...

A decision-maker relies on information of parties affected by her decision. These parties try to influence her decision by selective disclosure of facts. As is well known from the literature, competition between the informed parties constrains their ability to manipulate information. We depart...

This paper analyzes a mechanism through which a supplier of unknown quality can overcome its asymmetric information problem by selling via a reputable downstream …rm. The supplier’s adverse-selection problem can be solved if the downstream …rm has established a reputation for delivering...

In social and economic networks linked agents often share additional links in common. There are two competing explanations for this phenomenon. First, agents may have a structural taste for transitive links - the returns to linking may be higher if two agents share links in common. Second,...

Daß sich auch die Betriebswirtschaft mit dem Management von technologischen Neuerungen im Bereich von Forschung und Entwicklung beschäftigt, erscheint aus zwei Gründen sinnvoll: zum einen berichten eine Vielzahl von empirischen Studien, daß sich nur zwischen 3 % und 25 % der innovativen...

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...