Purpose – The main purpose of this paper is to address the impact of product design changes on supply chain risk, and to identify the supply chain risk dimensions in the Chinese special-purpose vehicle (SPV) industry in the context of product design change. Design/methodology/approach – Case...

(cont.) by presenting two case studies both in the context of the Chicago Transit Authority. One study proposes an enhanced method of inferring the rail trip OD matrix from an origin-only AFC system to replace the routine passenger survey. The proposed algorithm takes advantage of the pattern of...

The paper presents two simple models of dynamic consumer behavior, both taking into consideration the implications for welfare measurement when agents can delay transactions while obtaining additional information. One model studies the effect when a purchased good is non-perishable and can be...

In a static setting, willingness to pay for an environmental improvement is equal to compensating variation. However, in a dynamic setting characterized by uncertainty, irreversibility, and the potential for learning, willingness to pay may also contain an option value. In this paper, we...

Due to payoff uncertainties combined with risk aversion and/or real options, farmers may demand a premium in order to adopt conservation tillage practices, over and above the compensation for the expected profit losses (if any). We propose a method of directly estimating the financial incentives...

Purpose – The objective this paper is to develop and describe a conceptual framework for collaborative Ethical Procurement Due Diligence (EPDD) between International Aid Non-Government Organisations (IANGOs) in Humanitarian Supply Chains (HSCs). Second, to explore EPDD relationships with...

It is well known that forecasting mechanisms can greatly increase "bullwhip" – demand variance amplification of orders as processed by both human and algorithmic decision makers. This paper is concerned with the application of the well-established APIOBPCS Decision Support System (a variant of...

Deliberating on Enterprise Resource Planning (ERP) software sourcing and provision, this paper contrasts the corporate environment with the small business environment. The paper is about Enterprise Resource Planning client (ERPc) expectations and Enterprise Resource Planning vendor (ERPv) value...

Forecasting price spikes is a timely issue for the deregulated electricity market. Traditional price forecasting techniques show poor performance in handling price spikes, which usually follow a pattern different from the prices under normal market conditions. Therefore, novel approaches are...

This paper presents estimates of key preference parameters of the Epstein and Zin (1989, 1991) and Weil (1989) (EZW) recursive utility model, evaluates the model’s ability to fit asset return data relative to other asset pricing models, and investigates the implications of such estimates for...