Because of the transformation of market structures into the direction of servitization, manufacturing companies are forced to compete through the supply of services as opposed to products. Competing for these service contracts, particularly during bidding, the decision makers face various...

Biographical note: Christopher McMahon is Professor of Philosophy at the University of California, Santa Barbara, and author of Reasonable Disagreement: A Theory of Political Morality, Collective Rationality and Collective Reasoning, and Authority and Democracy: A General Theory of Government...

High-value payment systems (HVPSs) are typically liquidity-intensive because the payment requests are indivisible and settled on a gross basis. Finding the right order in which payments should be processed to maximize the liquidity efficiency of these systems is an NP-hard combinatorial...