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MANSCI
2007
13 years 6 months ago
2007
Postponement or delayed product differentiation has been identified as a key strategy to manage increasing demand uncertainty. The benefits of postponement arise out of the abil...
MANSCI
2007
13 years 6 months ago
2007
“Real options” is often viewed as a valuable managerial tool of flexibility and exploration in new technology investment. Real options theory has been criticized, however, due...
MANSCI
2007
13 years 6 months ago
2007
Value at Risk (VaR) is a central concept in risk management. As stressed by Artzner et al. (1999), VaR may not possess the subadditivity property required to be a coherent measure...
MANSCI
2007
13 years 6 months ago
2007
Selection procedures are used in a variety of applications to select the best of a finite set of alternatives. ‘Best’ is defined with respect to the largest mean, but the me...
MANSCI
2007
13 years 6 months ago
2007
We develop a formal model of the timing of resource development by competing …rms. Our aim is to deepen and extend resource-level theorizing about sustainable competitive advant...