The Least-Squares Monte Carlo model (LSM model) has emerged as the derivative valuation technique with the greatest impact in current practice. As with other options valuation models, the LSM algorithm was initially posited in the field of financial derivatives and its extension to the realm of...

Purpose – The aim of this special issue is to bring together contributions from diverse perspectives interested in challenging the quantitative/qualitative divide within organisation and management research. Design/methodology/approach – The papers in this special issue explore at a...

This paper argues that radical uncertainty is the outcome of standard market activity. The theoretical findings are corroborated with empirical analyses. The model example is applied to asset pricing and radical uncertainty is found a solution to various asset pricing "puzzles". In conclusion,...

Effective, strategic, current and operational management of modern logistics systems requires continuous monitoring and forecasting of their condition in many parameters. Especially these questions are critical in justifying the need for modernization or technical re-equipment of the logistics...