There is widespread agreement on the value of competition in the delivery of public goods and services. In some markets competition is naturally limited and thus various mechanisms have been utilized to bolster competition, including franchise bidding and auctions. In this article, we examine...

We consider a two-stage serial supply chain with capacity limits, where each installation is operated by managers attempting to minimize their own costs. A multiple-period model is necessitated by the multiple stages, capacity limits, stochastic demand, and the explicit consideration of...

Delays in product availability are common in e-commerce where electronic retailers try to manage with very low inventories. While this lowers inventory costs, the negative effect of increased stockouts is to reduce net demand for the product. We analyze the effect of offering a lower price...

Chairman Upton's request to the FCC for additional tiers to current ownership caps is an important step in closing the regulatory gap between broadcast radio and competing platforms. Granted there are concerns raised over concentrated market power in the broadcast radio industry, where critics...

One of the most heated discussions in economics in recent years has concerned the relationship between market structure and innovation. After a half-century of debate and innumerable studies, the consensus is that there is no clear answer to the question. On a concrete level, the uncertainty...

Corporate governance in Pakistan has significantly improved over the past few years although much remains to be done. In 2002, the Securities and Exchange Commission of Pakistan promulgated Pakistan's first Code of Corporate Governance. This Code, along with the Companies Ordinance of 1984,...

The LCA aerostructures industry is truly global, with manufacturers from all parts of the world supplying the two major remaining LCA producers, The Boeing Co. of the United States and the former Airbus Industrie, G.I.E. of France. Airbus is in the final stages of its transformation to a single...

Most of the research communities tackle Knowledge Management from a Technological point of view, and neglecting the socio-psychological side of the equation. Psychology and education offered us an invaluable tool namely: the Knowledge Transfer or Cognitive Mapping. It is a tool available to the...