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MANSCI
2010
80views more  MANSCI 2010»
13 years 5 months ago
Impossible Frontiers
A key result of the Capital Asset Pricing Model (CAPM) is that the market portfolio— the portfolio of all assets in which each asset’s weight is proportional to its total mark...
Thomas J. Brennan, Andrew W. Lo
MANSCI
2010
106views more  MANSCI 2010»
13 years 5 months ago
Improving Supply Chain Performance and Managing Risk Under Weather-Related Demand Uncertainty
This paper considers a manufacturer-retailer supply chain for a seasonal product whose demand is weather-sensitive. The retailer orders from the manufacturer (supplier) prior to t...
Frank Youhua Chen, Candace Arai Yano
MANSCI
2010
76views more  MANSCI 2010»
13 years 5 months ago
Navel Gazing: Academic Inbreeding and Scientific Productivity
The practice of having PhDs employed by the university that trained them, commonly called "academic inbreeding," has long been assumed to have a damaging effect on schol...
Hugo Horta, Francisco M. Veloso, Rócio Gred...
MANSCI
2010
104views more  MANSCI 2010»
13 years 5 months ago
Valuing Money and Things: Why a $20 Item Can Be Worth More and Less Than $20
The study of risky decision-making has long used monetary gambles to study choice, but many everyday decisions do not involve the prospect of winning or losing money. Monetary gam...
A. Peter McGraw, Eldar Shafir, Alexander Todorov
MANSCI
2010
66views more  MANSCI 2010»
13 years 2 months ago
Deal or No Deal: Hormones and the Mergers and Acquisitions Game
Young male CEOs appear to be combative: they are 4% more likely to be acquisitive and, having initiated an acquisition, they are over 20% more likely to withdraw an offer. Further...
Maurice D. Levi, Kai Li, Feng Zhang