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diversification. For the model with two suppliers we show that low supplier default correlations dampens competition among the … events, despite the loss of diversification benefits. In contrast, the suppliers and the channel prefer defaults that are … advantage of both competition and diversification …
Persistent link: https://www.econbiz.de/10012713267
We investigate whether the returns of some industry portfolios predict the returns of other industry portfolios. We find a strong lead-lag structure which is statistically and economically significant. These findings suggest that information diffuses only gradually across industries. Moreover,...
Persistent link: https://www.econbiz.de/10012936327
We introduce a novel measure to study the relationship between portfolio concentration in vertically related firms and … concentration measure and fund performance. While funds' investment style mandates act as an institutional constraint, hindering the …
Persistent link: https://www.econbiz.de/10014348866
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...
Persistent link: https://www.econbiz.de/10014040384
Collection and recycling of product returns is gaining interest in business and research worldwide. Growing green concerns and advancement of green supply chain management (GrSCM) concepts and practices make it all the more relevant. Inputs from literature and informal interviews with 84...
Persistent link: https://www.econbiz.de/10014195845
The growth in technology on autonomous transportation systems is currently motivating a number of research initiatives. This paper first presents a survey of the literature on autonomous marine vessels in general. By identifying the main research interests in this field, we define nine thematic...
Persistent link: https://www.econbiz.de/10014104365
Concerned with the risk of supplier default, a firm may choose to diversify its orders among multiple suppliers. Furthermore, the discrepancy in production lead-times among suppliers furnishes a firm with a valuable option to defer ordering decisions until uncertainty has been partially...
Persistent link: https://www.econbiz.de/10012755526
For serial multi-echelon systems subject to production capacity limits at every stage, we consider a class of modified echelon base stock (MEBS) policies. To evaluate information requirements of such systems, we consider two separate inventory management mechanisms operated in a decentralized...
Persistent link: https://www.econbiz.de/10013311108
We consider an e-commerce retailer (e-tailer) who sells a catalog of products to customers from different regions during a finite selling season and fulfills orders through multiple fulfillment centers. The e-tailer faces a Joint Pricing and Fulfillment (JPF) problem: At the beginning of each...
Persistent link: https://www.econbiz.de/10012969701
Persistent link: https://www.econbiz.de/10010400657