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Risk-neutral individuals take more risky decisions when they have limited liability.  Risk-neutral managers may not …
Persistent link: https://www.econbiz.de/10008459580
We study a supply chain with a manufacturer and two different suppliers. One supplier is a big company abroad, who is prime and offers high quality modules with long lead time. The other supplier is a small local company, taken as the urgent supplier by the manufacturer, who can produce modules...
Persistent link: https://www.econbiz.de/10010869152
The paper analyses the problem of coordination in supply networks of multiple retailers and a single supplier, where partners have asymmetric, private information of demand and costs. After stating generic requirements like distributedness, truthfulness, efficiency and budget balance, we use the...
Persistent link: https://www.econbiz.de/10011052594
We propose a continuum model for the description of buyer and seller dynamics in an Internet market. The relevant variables are the research effort of buyers and the sellers’ reputation building process. We show that, if a commercial website gives consumers the possibility to rate credibly...
Persistent link: https://www.econbiz.de/10011062944
Persistent link: https://www.econbiz.de/10008776578
The objective of this paper was to compare and to analyze three portfolio selection models: Mean-Variance, Minimax and Minimax Weighted. These models were evaluated using historical data (September 1999 to August 2000, January 2001 to December 2001 and February 2002 to January 2003) obtained...
Persistent link: https://www.econbiz.de/10008555664
Persistent link: https://www.econbiz.de/10008520134