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There are various ways to measure conflict costs, however no study has considered the distinction of conflict types in the approaches yet. The purpose of this study is to measure internal indirect conflict costs in terms of lost time and to evaluate the association to task-, relationship-, and...
Persistent link: https://www.econbiz.de/10014371907
Consequences of conflict are widely researched qualitatively, but quantitative data on the costs of conflict are lacking. This study aims to explore conflict costs by categorizing and testing them and providing preliminary quantitative data. The focus lies on internal indirect conflict costs,...
Persistent link: https://www.econbiz.de/10014246764
2019 and uses transaction cost theory to empirically test the effect of enterprise digital transformation (EDT) on …
Persistent link: https://www.econbiz.de/10015055568
Using firm-level data on 7,000 suppliers transacting with 26 major South Korean retailers, this study analyzes how contract types, referring to direct purchase, special contract, consignment, and store lease types, are determined and how they affect supplier performance. Contract choice varies...
Persistent link: https://www.econbiz.de/10015475318
Prominent scholars have complained of inadequate clarity and agreement on what transactions are, and how their costs are measured. This two-part article explores this topic and suggests an alternative approach. This part examines different meanings of transaction cost used by leading scholars in...
Persistent link: https://www.econbiz.de/10015376348
Persistent link: https://www.econbiz.de/10013167157
Using techniques from deep learning, we show that neural networks can be trained successfully to replicate the modified payoff functions that were first derived in the context of partial hedging by Föllmer and Leukert. Not only does this approach better accommodate the realistic setting of...
Persistent link: https://www.econbiz.de/10013273487
Managing a portfolio whose value closely tracks an index by trading only in a subset of the index constituents involves an NP-hard optimisation problem. In the prior literature, it has been suggested that this problem be solved using sequential Monte Carlo (SMC, also known as particle filter)...
Persistent link: https://www.econbiz.de/10015130341
The article presents the first theoretical and empirical estimation of the role of logistics in mitigating the effects of market information asymmetry in Poland. Following a review of international (Akerlof, Spencer, Stiglitz) and Polish literature (Gołembska, Gruszecki, Stradomski), a new...
Persistent link: https://www.econbiz.de/10012426162