Using unique nationwide property-level mortgage, flood risk, and flood map data, we analyze whether lenders respond to flood risk that is not captured in FEMA flood maps. We find that lenders are less willing to originate mortgages and charge higher rates for lower LTV loans that face...

Continuous product individualization and customization led to the advent of lot size one in production and ultimately to product-inherent uniqueness. As complexities in individualization and processes grow, production systems need to adapt to unique, product-inherent constraints by advancing...

Assembly lines are widely used mass production techniques applied in various industries from electronics to automotive and aerospace. A branch, bound, and remember (BBR) algorithm is presented in this research to tackle the chance-constrained stochastic assembly line balancing problem (ALBP). In...

This study theoretically explores the impact of market segmentation uncertainty on producers' production decisions and their subsequent effects on producers' profits, consumer surplus, and social welfare. This uncertainty creates a mismatch between the producer's supply and consumer demand,...