Through research into new product development processes at a precision device maker, this paper discusses the skilful management of knowledge boundaries that lie between various organizations, and between specialized human skills and functions that make up a project organization, and presents...

In this paper, we propose a multivariate time series model for over-dispersed discrete data to explore the market structure based on sales count dynamics. We first discuss the microstructure to show that over-dispersion is inherent in the modeling of market structure based on sales count data....

The purpose of this paper is to show the process of the Australian investments of Rio Tinto in the 1950s. The paper mainly consists of two parts. The first part deals with the process until obtaining a uranium mine in March 1955 by the company. The subject of the second part is the negotiation...

We formulate baseball as a finite Markov game with approximately 3.5 million states. The manager of each opposing team is the player who maximizes the probability of their team winning. We derive, using dynamic programming, a recursive formula which is satisfied by Markov perfect equilibria and...

This paper proposes a new efficient algorithm for the computation of Greeks for options using the binomial tree. We also show that Greeks for European options introduced in this article are asymptotically equivalent to the discrete version of Malliavin Greeks. This fact enables us to show that...

This study examines the role of leading indicators in a managerial contracting setting. For the purpose of incentive provision when the outcome of the manager's activities are in the long run, the use of leading indicators such as customer satisfaction is often observed. In the two-period...

Changing technological strategies requires serious management decisions because it essentially means withdrawing from an existing technology, in which the company has been successful, and shifting management resources to a new technology with a high degree of uncertainty. Most of existing...

This paper examines the historical process behind the development of iron ore in the state of Western Australia by the British mining company Rio Tinto from 1959 to 1962. To analyze Rio Tito's iron ore operations, the author applies Michael Porter's 'five forces' concept. In its uranium case,...

There are many small and medium enterprises(SMEs) in Japan and they support Japanese economy. Though many researchers about balanced scorecard(BSC) focus on large companies' case not on SMEs. We have introduced BSC into Japanese SMEs for six years. Referring to several cases, we would like to...