In this paper, we develop a general framework for the performance of one specific supply chain type. The supply chain consists of three successive suppliers, operating in a make-to-order environment. The customer demand is immediately fed back to the first supplier. All suppliers work along the...

We propose to use copulas in order to describe the dependence structure between nonoverlapping random vectors with known multivariate marginals scanned by their Kendall distribution functions.

Industrial organization (IO) has an important role to play in inspiring the competition policies of the government. At the same time it can be used to clarify the economics of the competitive strategies of business. This second focus is illustrated by a brief discussion of some striking...

This article tries to identify the crucial dimensions of strategic management in universities. To do so, the author looks at some practical cases of successful strategic decisionmaking in European universities. This case study approach is motivated by the conviction that in universities...

In information and data quality management, we need good tools and architectures. But, in order to achieve real productivity and quality improvements, the technology is not enough. Most of all we need the good attitude to deal with information. This paper introduces the concept of ‘information...

The traditional approach to consumer behaviour assumes that households behave as if they consist of a single decision maker. This unitary approach has methodological, empirical and welfare economic deficiencies. A valuable alternative to the traditional model is the collective approach to...

Watershed based trading or effluent trading, allows pollution sources to buy controls that will reduce the amount of a problem pollutant elsewhere in the watershed or drainage basin. By buying such controls, factories do not need to install abatement technologies to lower the discharge of that...

In this paper we give the outline of a research project developed in a cooperation between the actuarial, financial and statistical research groups of the Faculty of Economics and Applied Economics and the research group on statistics in the Mathematical Department. The main purpose consists...

This paper focuses on the contribution of the so-called “new” economic sociology to the study of market phenomena in general and market regulation in particular. Several approaches within market sociology teach not only that, but also how economic actions in the market place are embedded in...