To achieve a “green profit” in their businesses, original equipment manufacturers (OEMs) who produce both new and remanufactured products must optimize their pricing and production decisions. They must determine the buyback price and takeback quantity of end-of-life products (i.e., supply) as well as the selling prices and production quantities of new and remanufactured products (i.e., demand)....

In van Benthem [2007] the concept of a public announcement is used to study the effect of the iterated elimination of strictly dominated strategies. We offer a simple generalisation of this approach to cover arbitrary strategic games and many optimality notions. We distinguish between announcements of optimality and announcements of rationality.

a r t i c l e i n f o This paper aims to examine the intra-industry effects of confirmation of a reorganization plan. Using unique Taiwanese data on announcements of reorganization confirmation, I find evidence that such announcements elicit positive stock price reactions for the announcing firms and negative stock price reactions for other firms within the same industry. Specifically, negative...

Monetary authorities regularly announce targets for monetary growth, but the market may not completely trust these announcements because they may not always be truthful. Hence, the market does not have perfect knowledge about future monetary policy and must form its expectations on the basis of information it can extract from the announcements and its observations of the actual money supply. Th...

In the early euphoria associated with the launching of new internet-based businesses, most established traditional businesses felt compelled to respond by launching web-based retail outlets of their own. Stock market response to announcements of transactional web-site launches by business-to-consumer retail outlets are examined. Results provide support for theoretical predictions of the effect ...

This article considers a decentralized supply chain in which a single manufacturer is selling a perishable product to a single retailer facing uncertain demand. It differs from traditional supply chain contract models in two ways. First, while traditional supply chain models are based on risk neutrality, this article takes the viewpoint of behavioral principal–agency theory and assumes the manu...

Companies regard innovation as a central element of their business. However, as not all innovation types are the same, the central question is: should their announcements bring about the same effect on performance? This article analyses potential differences in firm value derived from the innovation-type announcements ‘R&D’, ‘product’ and ‘process’, made by intensive news-generating firms such ...

When subjects can make non-binding announcements of possible contributions to a public good numerically, there is no effect on average level of contributions in a public goods experiment relative to play without announcements. But a detailed analysis of this experiment shows that pre-play announcements increased the variance of achieved cooperation among groups, leading both to more highly coop...