Many businesses have failed in pure play markets, on-line grocery retailers or e-grocers among them. E-grocers face many problems which the traditional brick and mortar grocery stores do not. This paper compares a success and a failure in the e-grocery business. The subjects of this comparative case study are Webvan, an e-commerce failure, and Peapod an e-commerce success. This report investiga...

We prove the existence of Blackwell ε-optimal strategies in finite Markov Decision Processes with partial observation. ∗Laboratoire d’Analyse Geometrie et Applications Institut Galilée, Université Paris Nord, avenue Jean Baptiste Clément, 93430 Villetaneuse, France. e-mail: [email protected] †Department of Managerial Economics and Decision Sciences, Kellogg School of Management, Northw...

In recent years we have witnessed a great increase in the interest in Trust Management (TM) techniques both from the industrial and the academic sectors. The booming research has also determined a duality in the very definition of TM system which can lead to confusion. In one of the two categories of TM systems a great deal of work has yet to be done in advancing the inherently adaptive nature ...

This paper considers a multi-product newsboy system that produces multiple products for fulfilling independently uncertain demands, which share the same production capacity. To deal with possible shortage of limited capacity, productions can be outsourced. We consider two outsourcing strategies: zero lead time outsourcing, and nonzero lead time outsourcing. The structural properties and solutio...

A Practice Note covering trends and developments in the federal government's prosecution of white collar crime. Specifically, this Note examines the government's tactics and strategies in enforcing federal criminal laws, the elements of several criminal statutes frequently used by the government to prosecute corporate crime, what constitutes criminal intent in white collar cases, company and ma...

We consider a common managerial problem where an agent strives to achieve a prescribed target. We use this problem as a vehicle for comparing and discussing two approaches to decision making: optimising and “satisficing” (where the latter is a neologism due to H. Simon, 1976 Economics Nobel PrizeWinner).We compute the optimising and satisfactory strategies for the problem at hand and highlight ...

Examination of alliance formation and management in the context of ‘fit’ or alignment with individual partner’s organisational strategy, administrative systems, and managerial characteristics still remains unexplored. This conceptual paper argues that the success of alliances depends on the ability of the partners to strategically match/align resources, capabilities, compatibilities and the man...