We investigate what value firms may obtain if they pool their accounts receivable for the purpose of financing investments in cost-reducing assets. Our study is motivated by 'reverse factoring' arrangements, which simultaneously relax some capital market frictions but impose others....

We present a mathematical model for integration, analysis, and optimization of operational and financial processes within a supply chain. Specifically, we consider commercial transactions of a large corporate customer with a small or medium-sized supplier. We show how application of reverse...

At the heart of any decision problem is some degree of "flexibility" in how to act. Most often, we aim to extract greatest possible value from this inherent flexibility. The three essays compiled here are aligned with this same general aim, but we have an important secondary concern: to...

We study a supply chain where a retailer buys from a supplier who cannot fully finance her production. Informational problems about the supplier's demand prospects and production capabilities restrict her access to capital. By committing to a minimum purchase quantity, the retailer can mitigate...

Research literature to date shows few attempts to formalize a successful method for bidding in online auctions. We have collected and analyzed data from approximately 5,000 eBay auctions of laptop computers, in order to develop a system that could guide an auction participant to winning without...

While relationship learning has been addressed in marketing theory, it has not yet been explored as a possible dimension of the second-order construct of relationship quality (RQ). This construct has so far been mostly conceptualized to consist of trust and commitment, sometimes also...

In recent years, there has been significant interest in the development of connectivity indicators for ports. For short sea shipping, especially in Europe, Roll-on Roll-off (RoRo) shipping is almost equally important as container shipping. In contrast with container shipping, RoRo shipments are...