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Relationship-Specific Investment and Hold-Up Problems in Supply Chains : Theory and Experiments
Haruvy, Ernan - 2020
Supply chains today routinely use third parties for many strategic activities, such as manufacturing, R&D, or software development. These activities often include relationship-specific investment on the part of the vendor, while final outcomes can be uncertain. Therefore, writing complete...
Persistent link: https://www.econbiz.de/10012838809
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Airline Schedules Planning and Route Development
Camilleri, Mark Anthony - 2018
their resources, to meet the anticipated demand. The schedules' plans are usually based on one season only. However, they …
Persistent link: https://www.econbiz.de/10012907532
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Wealth of Nations and Intellectual Capitals : Adam Smith Approaches
Uysal, Gürhan - 2019
Adam Smith has two principles: laissez faire and absolute advantage theory. This study has 3rd dimension for wealth of …
Persistent link: https://www.econbiz.de/10012862596
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On the Interaction between Demand Substitution and Production Changeovers
Dawande, Milind; Gavirneni, Srinagesh; Mu, Yinping; … - 2010
This paper analyzes the tradeoff between (demand) substitution costs and (production) changeover costs in a discrete … changeover cost to the substitution cost associated with mean demand. The interaction between changeovers and substitution is …
Persistent link: https://www.econbiz.de/10014046787
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Optimal Advertisement Spending in a Duopoly with Incomplete Information
Castro, Luis E.; Shaikh, Nazrul I. - 2018
This article presents the relationship between a firm’s advertisement spending and sales in a duopoly when information about the competitors’ advertisement spending is unavailable. The competitive interaction between the firms has been modeled as imperfect information Cournot and Stackelberg...
Persistent link: https://www.econbiz.de/10014033836
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Feedback Stackelberg Solutions of Infinite-Horizon Stochastic Differential Games
Bensoussan, Alain; Chen, Shaokuan; Sethi, Suresh - 2014
We present a sufficient condition for a feedback Stackelberg equilibrium of a stochastic differential game on an infinite horizon. This condition gives rise to a system of elliptic partial differential equations involving a static Stackelberg game at the level of Lagrangian. As an example, we...
Persistent link: https://www.econbiz.de/10014040108
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A Mathematical Foundation for Stochastic Opinion Dynamics
Castro, Luis E.; Shaikh, Nazrul I. - 2018
This paper presents a stochastic opinion dynamics model where (a) the opinion of each agent in a network is modeled as a probability distribution as against a point object, (b) consensus is defined as the stability region of the ensuing set of stochastic difference equations, and (c) compromise...
Persistent link: https://www.econbiz.de/10014116374
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Enhancing Marketing with Engineering : Optimal Product Line Design for Heterogeneous Markets
Michalek, Jeremy J.; Ebbes, Peter; Adiguzel, Feray; … - 2014
Successful product line design and development often requires balancing technical and market trade-offs. Quantitative methods for optimizing product attribute levels using preference elicitation (e.g., conjoint) data are useful for many product types. However, products with substantial...
Persistent link: https://www.econbiz.de/10014044881
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Tourism Supply and Demand
Camilleri, Mark Anthony - 2018
The demand for tourism products may be affected by the marketing mix elements, including the nature of the product or …
Persistent link: https://www.econbiz.de/10012907533
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Nonparallel Demand Increases in an Asymmetric Cournot Oligopoly
Zheng, Yuqing - 2008
We examine equilibrium responses of a Cournot oligopoly to two typical types of nonparallel demand increases. Results … based on a linear demand curve show that in terms of profits, increases in demand that result in a more elastic demand curve … benefit from demand increases that result in a more inelastic demand. Our results have implications in marketing and …
Persistent link: https://www.econbiz.de/10012769735