Conventional wisdom suggests that information sharing benefits at least one of the participants. However, we find that information sharing can be strategically detrimental to both members in a vertical-Nash supply chain. Comparative statics show that each supply chain member׳s beneficial areas...

Macroeconomic policy making is a complex systematic process, which requires in-depth understanding of current economic situation, prediction of future economic trend, and proper policy evaluation measurements. Instruments of early warning, and policy simulation are often employed in...

The main purpose of this study is to devise a general regression neural network (GRNN)-based currency crisis forecasting model for Southeast Asian economies based upon the disastrous 1997–1998 currency crisis experience. For this some typical indicators of currency exchange rates volatility...

Artificial neural networks (ANNs) have been widely applied to finance and economic forecasting as a powerful modeling technique. By reviewing the related literature, we discuss the input variables, type of neural network models, performance comparisons for the prediction of foreign exchange...

The impact of extreme events on crude oil markets is of great importance in crude oil price analysis due to the fact that those events generally exert strong impact on crude oil markets. For better estimation of the impact of events on crude oil price volatility, this study attempts to use an...

Credit scoring models are very important tools for financial institutions to make credit granting decisions. In the last few decades, many quantitative methods have been used for the development of credit scoring models with focus on maximizing classification accuracy. This paper proposes the...

This paper presents AVE and CPFR concepts and their characteristics, establishes and analyzes the AVE-based CPFR working flow, and illustrates the content of the grid resource management and the mission in relation to the corresponding grid resource management system. It focuses on the working...

This paper empirically investigates the cointegrating relationship between crude oil prices and global economic activity. The Kilian economic index is used as an indicator of global economic activity. Based on a supply-demand framework and the cointegration theory, we find that real futures...

We investigate a contract setting problem faced by a manufacturer who can procure major modules from an overseas supplier, as well as a local supplier. The overseas supplier is prime and offers quality products, whereas the local supplier is viewed only as a backup, and its products are inferior...