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1. |
New product introduction under demand uncertainty in competitive industries |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 1-12
Rabikar Chatterjee,
Yoshi Sugita,
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摘要:
AbstractA game‐theoretic model is employed to examine the conditions under which firms in a duopoly, faced with a new product introduction opportunity of uncertain profitability (because of uncertainty in demand), choose to enter the market immediately or, alternatively, decide to wait, thereby avoiding the risk of failure. The implications for a firm's strategic behavior are contrasted with situations in which the competitor is believed to be (1) passive, implying that the firm expects to enjoy indefinite monopoly status if it introduces the new product, and (2) committed to a waiting strategy, implying monopoly status for a limited time period, if the new product is successfu
ISSN:0143-6570
DOI:10.1002/mde.4090110102
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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2. |
Corporate debt, corporate taxes and leasing |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 13-19
Mark E. Bayless,
J. David Diltz,
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摘要:
AbstractThis paper utilizes recent developments in capital lease modeling to develop a new specification of the relationship between the expected returns to debt, levered equity and unlevered equity for firms that lease a portion of their assets. Accounting explicitly for leases is shown to be important when the difference between equity and debt risk is large, when the risk of leased assets differs from the firm's other assets and when salvage value is a significant portion of the capitalized value of the firm's lease obligations. This new specification yields improved estimates of firms' unlevered cost of capital, thereby facilitating improved capital budgeting decisions in those that lease a significant portion of their assets.
ISSN:0143-6570
DOI:10.1002/mde.4090110103
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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3. |
A Method for the estimation of limit prices without entry data |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 21-29
Joseph Shaanan,
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摘要:
AbstractEstimates of limit pricing values are useful to researchers studying princing strategies and oligopolistic behavior. Previous studies have demonstrated that limit prices (profits) can be estimated with the use of data on the entry of new firms. Unfortunately, entry data are scarce. The current study presents a methodology based on a property of dynamic‐stochastic theories of limit pricing wherein limit prices can be estimated without entry data. This methodology requires the use of price elasticity of demand values which are more readily available than entry data. Following the methodology section, an application of this method is presented with a cross‐section sample of consumer goods industr
ISSN:0143-6570
DOI:10.1002/mde.4090110104
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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4. |
A mixed‐integer linear programming decision model for aquaculture |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 31-38
Timothy L. Shaftel,
Beverley M. Wilson,
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摘要:
AbstractThis paper presents a mathematical model for use in aquaculture, the rearing of aquatic animals in a controlled environment. The model addresses the real‐world strategic planning requirements of an emerging technology as well as the short‐ and long‐term production scheduling requirements of a mature aquaculture facility. A solution procedure for large‐scale problems is described and tested, and an illustrative application is pr
ISSN:0143-6570
DOI:10.1002/mde.4090110105
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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5. |
Towards a managerially specific (MS) framework for bank capital adequacy |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 39-51
E. P. M. Gardener,
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摘要:
AbstractThe stock market crash of 1987 and continuing Third World debt problems are among the factors that have re‐emphasized the importance of bank capital adequacy. The contemporary academic literature, however, seems to provide limited practical help for banks in this important decision area. This study develops a strategic framework for the appraisal of capital adequacy within the banking firm. It is suggested as a suitable practical way of overcoming the uncertainty problems for which bank capital adequacy is alleged to exis
ISSN:0143-6570
DOI:10.1002/mde.4090110106
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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6. |
Optimization behavior and the flat‐maximum principle |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 53-55
Nozar Hashemzadeh,
John Roufagalas,
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ISSN:0143-6570
DOI:10.1002/mde.4090110107
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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7. |
Shareholder gains from callable‐bond refundings |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 57-63
Douglas R. Emery,
Wilbur G. Lewellen,
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摘要:
AbstractA re‐examination indicates that current procedures for measuring the benefit realized by shareholders when a firm calls and refunds an outstanding debt obligation are mis‐specified. The key to a proper measurement is found to lie in the identification of the extinguished remaining‐time‐to‐maturity value of the exercised option on the called debt. A simple procedure for assessing that value is provided and incorporated into a corrected measure of the gains from a callable‐bon
ISSN:0143-6570
DOI:10.1002/mde.4090110108
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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8. |
Note another incorrect performance measure |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 65-68
Harold Bierman,
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ISSN:0143-6570
DOI:10.1002/mde.4090110109
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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9. |
Models of strategic rationality, by Reinhard Selten, Dordrecht, The Netherlands: Kluwer Academic Publishers, 1988, pp. xiii, 318, ISBN 90‐277‐2663‐9. |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 69-70
Birger Wernerfelt,
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ISSN:0143-6570
DOI:10.1002/mde.4090110110
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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10. |
Natural monopoly regulation: Principles and practice, by Sanford V. Berg and John Tschirhart |
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Managerial and Decision Economics,
Volume 11,
Issue 1,
1990,
Page 70-71
David E. M. Sappington,
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ISSN:0143-6570
DOI:10.1002/mde.4090110111
出版商:John Wiley&Sons, Ltd.
年代:1990
数据来源: WILEY
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