In an experimental newsvendor setting we investigate three phenomena: Level behavior ? the decision-maker's average ordering tendency; adjustment behavior ? the tendency to adjust period-to-period order quantities; and observation bias ? the tendency to let the degree of demand feedback...

Minority Rights have become more and more topical due to the rise in importance of corporate governance and the increase in shareholder activism. This well-established work on the law relating to minority shareholders provides practitioners with the most detailed reference on the subject. The...

The use of electronic money transfer through cellular networks ("mobile money") is rapidly increasing in the developing world. The resulting electronic currency ecosystem could improve the lives of the estimated 2 billion people who live on less than $2 a day by facilitating more secure,...

Carbon regulation is intended to reduce global emissions, but there is growing concern that such regulation may simply shift production to unregulated regions, potentially increasing overall carbon emissions in the process. Carbon tariffs have emerged as a possible mechanism to address this...

Rising feed-in from renewable energy sources decreases margins, load factors, and thereby profitability of conventional generation in several electricity markets around the world. At the same time, conventional generation is still needed to ensure security of electricity supply. Therefore,...

Full-service repair contracts are becoming increasingly popular, especially as an add-on to leasing contracts for technical investment products. This paper presents a model for pricing full-service repair contracts in the presence of risk-averse customers. The model identifies the optimal...

The objective of this manuscript is to introduce a decision methodology that allows manufacturing firms to evaluate which supplier is the most suitable partner for the implementation of a collaborative CO2 reduction management approach. The decision problem is developed for the fast-moving...