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Articles 1 - 7 of 7
Full-Text Articles in Business
Inventory Management And Financial Hedging Of Storable Commodities, Panos Kouvelis, Rong Li, Qing Ding
Inventory Management And Financial Hedging Of Storable Commodities, Panos Kouvelis, Rong Li, Qing Ding
Research Collection Lee Kong Chian School Of Business
No abstract provided.
Using Decision Analysis To Value R&D Projects, Bert De Reyck
Using Decision Analysis To Value R&D Projects, Bert De Reyck
Research Collection Lee Kong Chian School Of Business
Project portfolio management, the equivalent of financial portfolio management but focused on R&D projects rather than financial assets, often relies on decision analysis methods to value projects rather than traditional financial valuation methods such as net present value (NPV). In finance, the idea of managing portfolios of assets goes back a long time, with the first formal methods being developed in the 1950s. Simply put, assembling a portfolio of stocks, bonds, and other financial instruments balances the risk a manager is taking with any one of the investments. Over time, this same idea has also taken hold for managing a …
Myopic Regret Avoidance : Feedback Avoidance And Learning In Repeated Decision Making, Jochen Matthias Reb, Terry Connolly
Myopic Regret Avoidance : Feedback Avoidance And Learning In Repeated Decision Making, Jochen Matthias Reb, Terry Connolly
Jochen Reb
Decision makers can become trapped by myopic regret avoidance in which rejecting feedback to avoid short-term outcome regret (regret associated with counterfactual outcome comparisons) leads to reduced learning and greater long-term regret over continuing poor decisions. In a series of laboratory experiments involving repeated choices among uncertain monetary prospects, participants primed with outcome regret tended to decline feedback, learned the task slowly or not at all, and performed poorly. This pattern was reversed when decision makers were primed with self-blame regret (regret over an unjustified decision). Further, in a final experiment in which task learning was unnecessary, feedback was more …
Convergence Of Corporate Governance: Critical Review And Future Directions, Toru Yoshikawa, Abdul A. Rasheed
Convergence Of Corporate Governance: Critical Review And Future Directions, Toru Yoshikawa, Abdul A. Rasheed
Research Collection Lee Kong Chian School Of Business
Research Question/Issue: Convergence in corporate governance across countries has been a subject of interest and controversy in a variety of disciplines. We attempt to address a number of related research questions: (1) what constitutes convergence? (2) what are the drivers that propel corporations in different nations towards convergence? (3) what are the major impediments that stand in the way of convergence? (4) what empirical evidence do we have to suggest that we are moving towards or away from convergence? and (5) what would be some productive avenues for further research on this topic? Research Findings/Results: Despite the vigorous intellectual position …
A Hybrid Scatter Search For The Discrete Time/Resource Trade-Off Problem In Project Scheduling, Mohammad Ranbar, Bert De Reyck, Fereydoon Kianfar
A Hybrid Scatter Search For The Discrete Time/Resource Trade-Off Problem In Project Scheduling, Mohammad Ranbar, Bert De Reyck, Fereydoon Kianfar
Research Collection Lee Kong Chian School Of Business
We develop a heuristic procedure for solving the discrete time/resource trade-off problem in the field of project scheduling. In this problem, a project contains activities interrelated by finish-start-type precedence constraints with a time lag of zero, which require one or more constrained renewable resources. Each activity has a specified work content and can be performed in different modes, i.e. with different durations and resource requirements, as long as the required work content is met. The objective is to schedule each activity in one of its modes in order to minimize the project makespan. We use a scatter search algorithm to …
Mergers And Acquisitions In The Non-Profit Space, Jared Tham
Mergers And Acquisitions In The Non-Profit Space, Jared Tham
Social Space
Mergers and acquisitions are a given in the for-profit sector, but at least in the local nonprofit sector they are rare. Jared Tham believes this should not be the case.
The Emergence Of Justice Climate In Groups, Teams, And Organizations: A Theory Of Multilevel Information Aggregation And Judgment, D. Rupp, Elizabeth Layne Paddock
The Emergence Of Justice Climate In Groups, Teams, And Organizations: A Theory Of Multilevel Information Aggregation And Judgment, D. Rupp, Elizabeth Layne Paddock
Research Collection Lee Kong Chian School Of Business
We outline a theoretical model of the emergence of justice climate in groups, teams, and organizations, and in doing so integrate multiple justice perspectives (e.g., affective events, fairness heuristic, deonance, justice integration, multifoci justice, overall justice). We propose that justice climate is spawned at the event level, where individuals use their emotional reactions to situations as information in forming fairness judgments. Over time, these judgments about various perpetrators--which may include the evaluation of outcomes, procedures, information, and interpersonal treatment--are aggregated to form individual-level stable judgments regarding the fairness of exchange partners with whom employees interact (e.g., supervisors, co-workers, customers). Through …