Business Commons^™

The Relationship Between Import Penetration And Operation Of The U.S. Textile And Apparel Industries From 2002 To 2008, Sheng Lu, Kitty Dickerson

Sheng Lu

The U.S. textile and apparel (T&A) industries have respectively adopted various restructuring strategies in recent years which fundamentally changed the way the two industries operate and the shifting relationship of each sector with imports. This study empirically tests the relationship between import penetration and the operation of the U.S. T&A industries based on data at 4-digit North American Industrial Classification System (NAICS) code level from 2002-2008. Results from the panel data model show that overall the U.S. textile industry formed a weak cooperative relationship with import penetration level in the U.S. market and a neutral relationship was suggested for the …

The Relation Between Variance And Information Rents In Auctions, Brett Katzman, Julian Reif, Jesse Schwartz

Jesse A. Schwartz

This paper examines the conventional wisdom, expressed in McAfee and McMillan's (1987) widely cited survey paper on auctions, that links increased variance of bidder values to increased information rent. We find that although the conventional wisdom does indeed hold in their (1986) model of a linear contract auction, this relationship is an artifact of that particular model and cannot be generalized. Using Samuelson's (1987) model, which is similar but allows for unobservable costs, we show that increased variance does not always imply increased information rent. Finally, we give the appropriate measure of dispersion (different from variance) that provides the link …

Information And Two-Sided Platform Profits

Hanna Halaburda

Corrigendum To "Improving Bid Efficiency For Humanitarian Food Aid Procurement": [Int. J. Production Economics 134 (2011) 238–245], Aniruddha Bagchi, Jomon Aliyas Paul, Michael Maloni

Jomon Aliyas Paul

Correction: Few of the equations and formulas in the above mentioned article has been produced incorrectly. The correct equations as per the original source are provided.

Location-Allocation Planning Of Stockpiles For Effective Disaster Mitigation, Jomon Aliyas Paul, Govind Hariharan

Jomon Aliyas Paul

In the existing framework for receiving and allocating Strategic National Stockpile (SNS) assistance, there are three noticeable delays: the delay by the state in requesting federal assets, the delay in the federal process which releases assets only upon the declaration of a disaster and lastly the time it takes to reach supplies rapidly from the SNS stockpile to where it is needed. The most efficient disaster preparedness plan is one that addresses all three delays taking into account the unique nature of each disaster. In this paper, we propose appropriate changes to the existing framework to address the first two …

Modeling The Effects Of Port Disasters, Jomon Aliyas Paul, Michael Maloni

Jomon Aliyas Paul

Weather or terrorism-related disasters at seaports can lead to significant economic losses from vessel and cargo delays. In times of such disasters, port capacities and optimal shipment routings would change rapidly, requiring near real-time analyses for planning response operations. To address this challenge, we offer a decision support system to help port networks analyze disaster response scenarios. As part of the model, an algorithm routes arriving ships to ports to optimize the use of network capacity with respect to ocean and inland transportation, port and inventory capital costs. To reflect changing port congestion conditions, port capacities are dynamically updated in …

Technology Licensing In A Differentiated Oligopoly, Aniruddha Bagchi, Arijit Mukherjee

Aniruddha Bagchi

When Does A Platform Create Value By Limiting Choice?, Ramon Casadesus-Masanell, Hanna Halaburda

Hanna Halaburda