Télécharger le livre :  Decision-Making in Committees

Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent...
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Parution : 2010-01-22
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Flexible Shift Planning in the Service Industry

The introductory chapter consists of four sections. In Sect. 1. 1 we reveal the c- rent situation in hospitals that is faced by the management. We address the general issue of personnel scheduling in the service industry in Sect. 1. 2. Then we motivate our research by...
Editeur : Springer
Parution : 2010-01-07
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Production and Inventory Management with Substitutions

Quantitativeapproachesforsolvingproductionplanningandinventorymanagement problems in industry have gained growing importance in the past years. Due to the increasinguse of AdvancedPlanningSystems, a widespreadpracticalapplicationof the sophisticated optimization models...
Editeur : Springer
Parution : 2009-11-25
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Bubbles and Crashes in Experimental Asset Markets

This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects were given the...
Editeur : Springer
Parution : 2009-10-03
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Pricing of Derivatives on Mean-Reverting Assets
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Télécharger le livre :  Supply Chain Coordination Mechanisms

Integrated supply chain planning is well understood by theory and widely applied in practice – however, only with respect to intra-organisational supply chains. In inter-organisational supply chains, an additional, yet unresolved problem arises: due to confidentiality...
Editeur : Springer
Parution : 2009-09-18
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Microeconomic Risk Management and Macroeconomic Stability

“The essence of a hedging contract is a coincident purchase and sale in two markets which are expected to behave in such a way that any loss realized in one will be offset by an equivalent gain in the other. If such behavior follows a perfect hedge has been effected. ”...
Editeur : Springer
Parution : 2009-08-02
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Revenue Management with Flexible Products

Remarkable features of revenue management (RM) problems in the cargo, manufacturing and broadcasting industries are so-called flexible products. "Flexibility" means that the actual mode of production is not defined at the time of purchase, but can be chosen later on by...
Editeur : Springer
Parution : 2007-09-18
Collection : Lecture Notes in Economics and Mathematical Systems
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" About this book This book suggests a novel approach......
Editeur : Springer
Parution : 2007-08-28
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Complex Systems Approach to Economic Dynamics

Economic Systems exhibit complex dynamics evidenced by large-amplitude and aperiodic fluctuations in economic variables, such as foreign exchange rates and stock market prices, indicating that these systems are driven far from the equilibrium. Characterization of the...
Editeur : Springer
Parution : 2007-08-17
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Risk-Averse Capacity Control in Revenue Management

“If necessity is the mother of invention, then deregulation is the father, and r- enue management (also known as yield management) is the couple’s golden child – at least as far as operations research is concerned.” (Horner, 2000, p. 47) Deregulation had a signi?cant...
Editeur : Springer
Parution : 2007-08-16
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Artificial Markets Modeling

Agent-based computational modeling with its intrinsic multidisciplinary approach is gaining increasing recognition in the social sciences, particularly in economics, business and finance. The methodology is now widely used to compute analytical models numerically and...
Editeur : Springer
Parution : 2007-08-16
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  The Employment Effects of Technological Change

The labor markets of important OECD countries show a similar picture: high wages and low unemployment for skilled workers and low wages but high unemployment for low-skilled workers. During the last 10 years this fact has been studied under the hypothesis of...
Editeur : Springer
Parution : 2007-08-15
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Real Options and Intellectual Property

Over the last years, due to intensive competition in the knowledge economy, legal aspects surrounding intellectual property (IP) rights - including litigation and settlement - have continuously gained in importance. Correspondingly, professional IP management has become...
Editeur : Springer
Parution : 2007-08-06
Collection : Lecture Notes in Economics and Mathematical Systems
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Télécharger le livre :  Developments on Experimental Economics

This volume presents papers and speeches given in the Experimental E- nomics Week in Honour of Dr Vernon L. Smith held in Okayama and Kyoto, 13-17 December 2004, which consisted of Dr Smith’s public speech and the International Conference on Experiments in Economic...
Editeur : Springer
Parution : 2007-07-21
Collection : Lecture Notes in Economics and Mathematical Systems
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More and more often practitioners in process industry have to adapt their global production networks to changes in the competitive environment. A majority of the supply network design models proposed by academia does not sufficiently capture the economic and technical...
Editeur : Springer
Parution : 2007-06-13
Collection : Lecture Notes in Economics and Mathematical Systems
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Negotiations are ubiquitous in business, politics, and private life. In many cases their outcome is of great importance. Yet, negotiators frequently act irrationally and fail to reach mutually beneficial agreements. Cognitive biases like overconfidence, egocentrism, and...
Editeur : Springer
Parution : 2007-06-13
Collection : Lecture Notes in Economics and Mathematical Systems
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theory,whichformalizesa dynamiceconomicsystemasa systemofdi?erence, or di?erential, equations. There equilibria mean ‘equilibrium trajectories’ of the whole evolution that, in a certain sense, are optimal. A particularly un- tisfactory feature of this conceptualization...
Editeur : Springer
Parution : 2007-06-10
Collection : Lecture Notes in Economics and Mathematical Systems
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Many firms provide their customers with online information products which require limited resources such as server capacity. This book develops allocation mechanisms that aim to ensure an efficient resource allocation in modern IT-services. Recent methods of artificial...
Editeur : Springer
Parution : 2007-04-24
Collection : Lecture Notes in Economics and Mathematical Systems
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Cooperative systems are pervasive in a multitude of environments and at all levels. We find them at the microscopic biological level up to complex ecological structures. They are found in single organisms and they exist in large sociological organizations.Cooperative...
Editeur : Springer
Parution : 2007-03-21
Collection : Lecture Notes in Economics and Mathematical Systems
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