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Purpose – The purpose of this paper is to develop a decision support tool to use with design for additive manufacturing (DfAM) and design for supply chain (DfSC) such that the Supply Chain (SC) configuration for a personalized product can be optimized under various demand uncertainties....
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Consider an agent who, before making a choice privately learns information about an uncertain, objective state of the world through a technology of sequential experiments. We consider two cases of learning costs. In the first, the agent discounts future payoffs geometrically. In the second, she...
Persistent link: https://www.econbiz.de/10012849691
We consider an agent who decides whether to employ an information structure to learn about a payoff-relevant state of the world before making a decision. Information is costly either because (1) the agent has to wait for the availability of the information structure and is impatient or because...
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