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In recent years, traditional economic theory has been enriched by behavioral components. There is huge and rapidly growing evidence from empirical and experimental studies that mere profit maximization is in many cases not a good proxy of real-life decision-making and...
In recent years, the design of contracts in supply chains has received significant attention from researchers and practitioners. Companies try to improve their profits by designing efficient contracts that ensure a high availability of the product at a low cost.In this...
The liberalization process, tightening environmental standards and the need for replacing aged power plants force European utilities to optimize their future generation mix. Power plants are real assets and as a consequence the power plant park of a utility firm equals...
Logistics providers typically own large fleets of transportation vehicles such as rail cars or trucks. These fleets do not only determine to a large extent the service level the company can offer, but also make up a large part of total costs. Proper management of the...
Efficient and effective transportation networks are backbones to modern societies. Methodologically, their design has mainly been driven by optimization approaches oftentimes with a strong cost focus. Their strategic planning, however, should go beyond detailed cost...
Organizations frequently rely on the support of external parties to access necessary resources. In many cases, the resulting buyer-supplier relationships last for decades; some might even become indispensable for one or both parties in achieving its desired business...
The last decades have seen an increasing diversity of customer expectations and growing competitive pressure for a wide variety of industries. Customer segmentation and subsequent inventory rationing provide a way to cope with those customer demands while maintaining a...
Airlines follow different strategies of aircraft sourcing and financing. Basic decisions include the choice of buy versus lease and long term versus short term acquisition of aircraft. Additional fleet and fleet planning characteristics include the desired fleet size,...
Over the past years, knowledge-intensive industries have gained significant importance as economic factor, giving rise to professional service firms (PSFs) such as law firms, accounting firms, or consultancies. Following this development, the research interest...
Lotsizing problems are found in every company, which produces various items on resources with scarce capacities. In general, the objective is to find production plans, which meet demand with the resources` given capacities and at minimal costs. However, there is a great...
Contract theory, which emphasizes the importance of unverifiable actions and private information, has been a highly active field of research in microeconomics in the last decades. This thesis is divided into two parts. Part I consists of three chapters that study...
During the last decades, freight transportation experienced a worldwide boom. At the same time, competition increased considerably, such that efficient cost structures are indispensable for any market player. One of the main challenges a transportation company faces is...
Current LCA methodologies employed to assess the intensity of environmental impacts lack a regional view, even though the sensitivity of the receiving environment is important in determining the specific levels of risks.This book seeks to redress the balance and develop...
The interaction between clients and consultants during consulting projects is essential for their success and therefore for the long-term survival of consulting companies.The aim of this book is to further advance our understanding of the nature of client-consultant...
A frequent choice for market entry to China is the international joint venture (IJV) with a Chinese partner. This is regarded as an adequate market entry if complex technological knowledge is to be transferred to the new location. However, IJVs also represent an easy...
Strategic alliances have emerged as an important element of firms' strategies. Following suit, research on alliances has blossomed, concentrating on the various forms alliances take, the reasons of their existence, and increasingly embracing questions of alliance...
Revenue Management has proven successful in a number of service industries. Starting out in the airlines industry in the 1970s,Revenue Management spread to tourism sectors such as hotels and cruise ships, but also to TV advertising and other industries.Revenue...
Family firm research has shown that the cooperative resolution of conflict between the incumbent entrepreneur and his successor is crucial for the survival of the family firm. Dispute resolution research suggests that a third party acting as mediator can provide...
This work reconstructs the history of fare policy in the European passenger railway industry and integrates behavioural pricing theory into an agent-based simulation model for railway revenue management. The model is employed to conduct artificial experiments on...
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