{"title":"Extending the Production Dice Game","authors":"M. Lambrecht, S. Creemers, R. Boute, Roel Leus","doi":"10.2139/ssrn.1588602","DOIUrl":"https://doi.org/10.2139/ssrn.1588602","url":null,"abstract":"The production dice game is a powerful learning exercise focusing on the impact of variability and dependency on throughput and work-in-process inventory of flow lines. In this paper we will extend the basic dice game along the following lines. First, we allow that the operations take place concurrently as opposed to the more traditional way of playing the game sequentially. Second, we allow both starvation and blocking of the line. Third, we consider balanced lines with work stations characterized by different degrees of variability. Fourth, we use different sets of dice in order to represent a wide range of coefficients of variation of the production line. The game can be played manually in a classroom setting, but it is also modeled as an easy-to-use simulation tool.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127321090","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Lecture: Introduction to Virtual Property","authors":"W. Erlank","doi":"10.2139/SSRN.1491118","DOIUrl":"https://doi.org/10.2139/SSRN.1491118","url":null,"abstract":"This paper gives a very brief introduction to the field of virtual property law and is aimed as informative help for the students who attended the lecture.Guest lecture given at the University of Maastricht, for the Masters’ level students in European property law on 12 October 2009. Please take further note that this is not a complete academic article and as such not all authorities are cited. A properly cited article will follow this one in due course. If any author was not cited, it is due to the necessary restrictions of writing and giving a lecture.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127379081","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Do the Spot Prices Influence the Pricing of Future Contracts? An Empirical Study of Price Volatility of Future Contracts of Select Agricultural Commodities Traded on NCDEX (India)","authors":"G. Kaur, D. Rao","doi":"10.2139/ssrn.1469700","DOIUrl":"https://doi.org/10.2139/ssrn.1469700","url":null,"abstract":"The paper focuses on empirically researching the correlation between spot and future prices to ascertain the extent to which spot prices impact the prices of future contracts for select four agricultural commodities, namely, Chana, Pepper Malabar, Refined Soya Oil and Guar seed. These four commodities contribute approximately 62% of the total volume of agricultural commodities traded on NCDEX. The total turnover of the above commodities by end of August 2009 was Rs 30.68 billion and the total turnover at Exchange level was Rs 49.15 billion. Further, an attempt has been made to investigate whether future contracts are fairly priced for these products to ascertain the existence of arbitrage opportunities. The paper considered all the contracts of the above commodities over a period of 13 months, i.e., July 2008 to July 2009 (both the months inclusive). In all 27 future contracts were analyzed over a period of 13 months (July 2008 to July 2009) and eight hypotheses were formulated and tested concerning the volatility of spot and future contract prices, effect of Spot closing prices on opening prices of future contracts and pricing of future contracts. Further, the study also explored the extent of bandwidth in which overpricing and underpricing of future contracts took place. The study concluded that (i)no significant volatility has been observed in the prices of spot and future contracts of the chosen agricultural commodities. The spot and future prices have closely tracked each other in most of the cases (21 out of 27 contracts); (ii) Future contracts of Pepper and Guar seeds were not fairly priced (supported by statistical evidence) while not much can be inferred about the Future contracts of Refined Soya oil and Chana due to lack of sufficient statistical evidence; (iii) Underpricing of Future contracts lent scope for arbitrage opportunity but however it depended on the type of commodity, timing and the magnitude of underpricing. Scope for further research was suggested.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128812205","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Fiduciary Consulting: Bickering in Bean Town","authors":"Lynn A. Isabella, Joseph Rioff","doi":"10.1108/case.darden.2016.000120","DOIUrl":"https://doi.org/10.1108/case.darden.2016.000120","url":null,"abstract":"What does a multinational approach to team-building look like? This case explores why, on the surface, one team was succeeding brilliantly while another team was languishing. Mounting problems at one of Fiduciary Consulting's fledgling business units in Boston required the immediate attention of the company's Montreal-based CEO, Jim Smith. Fiduciary had hired a new CEO for the U.S. subsidiary in 2003, and now, only nine months later, there seemed to be a lot of turmoil in that office. He began to wonder whether the subtle grumblings of his colleagues in Boston should have warranted a response from him earlier. All he could do at this stage was to think about what his expectations for success should be in the United States. What was going on in that office? How should he try to sort out the issues that seemed to be percolating? With all the success and collegiality that surrounded him in Montreal, Smith wondered what had gone so wrong in the Boston office - and what he could do to rectify the situation.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126101713","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Succession Planning: Rwe Ready","authors":"Gerry Yemen, M. Davidson","doi":"10.2139/ssrn.1421113","DOIUrl":"https://doi.org/10.2139/ssrn.1421113","url":null,"abstract":"Always a thorny issue but it had to be asked. Who was next in line? Management succession is a significant issue in many firms. Executives put all their energy into the business. But how much time is spent on bench strength planning? And what happens if the CEO is not ready to hand the reigns over and begin a life outside the office? This case presents transition challenges that many companies currently face - the retirement age of baby boomers and the takeover of the C level suite by the next generation.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132925744","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Marilyn Carlson Nelson and Transition at Carlson Companies","authors":"Alexander Horniman","doi":"10.2139/ssrn.1421125","DOIUrl":"https://doi.org/10.2139/ssrn.1421125","url":null,"abstract":"Carlson Companies is a very successful family-owned enterprise. After years of waiting, Marilyn Carlson Nelson finally assumes leadership of the firm. She makes a number of positive changes and builds the enterprise around the Carlson credo. Much to her dismay, her son is forced to leave the company, and Marilyn must select a new CEO from outside the family. She turns the business over to Hubert Joly and a new chapter begins.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"76 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124822048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A (Micro) Course in Microeconomic Theory for MSc Students","authors":"Alexia Gaudeul","doi":"10.2139/SSRN.1409844","DOIUrl":"https://doi.org/10.2139/SSRN.1409844","url":null,"abstract":"Those lecture notes cover the basics of a course in microeconomic theory for MSc students in Economics. They were developed over five years of teaching MSc Economic Theory I in the School of Economics at the University of East Anglia in Norwich, UK. The lectures differ from the standard fare in their emphasis on utility theory and its alternatives. The programme of this course is divided in three parts; choice under uncertainty, game theory and incentive theory. The whole of the course can be covered in sixteen hours of teaching, along with eight hours of workshops, over eight weeks. This is an intensive program that is designed both to cover the basics in each area and progress quickly to more advanced topics. The course is thus accessible to students with little background in economics, but should also challenge more advanced students who can focus on the later sections in each parts and concentrate on the suggested readings. Exercises covering each part increase gradually in difficulty and are often of theoretical interest on their own. Detailed answers are provided.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132807782","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"What's an Economics Seminar Worth? Information Authors and Organizers Should Know","authors":"Etienne Farvaque, Hakim Hammadou","doi":"10.1111/j.1467-6419.2010.00629.x","DOIUrl":"https://doi.org/10.1111/j.1467-6419.2010.00629.x","url":null,"abstract":"This paper is an empirical study of the publication records of communications to a weekly seminar, continued from 1997. We look at the quality of publications, and also at the determinants of publications. Our results offer lessons for both presenters and organizers of research seminars in the academia.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"164 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113981546","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Ability of Economic Thinking - The 'Nature' Versus 'Nurture' Debate","authors":"Tommy Tang, T. Robinson","doi":"10.2139/ssrn.1371303","DOIUrl":"https://doi.org/10.2139/ssrn.1371303","url":null,"abstract":"This paper reports on the development of a construct to measure students' discipline-sited cognitive ability. This research is built upon the pioneering study by Shanahan and Meyer (2001) in economics education. Using this construct, economic thinking abilities of introductory and intermediate level economics students were measured prior to the commencement, and at the end, of their study over one semester. Demographic factors associated with students' pre- and post-course measures and their development in economic thinking ability are investigated. The empirical findings will address the 'nature' versus 'nurture' debate in economics education (Frank, et al. 1993; Frey et al. 1993; Haucap and Tobias 2003). The implications for future research in economics education will also be discussed.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"140 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123217870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Giffen Input in Cournot Model","authors":"Debabrata Datta","doi":"10.2139/ssrn.1332944","DOIUrl":"https://doi.org/10.2139/ssrn.1332944","url":null,"abstract":"Text book analysis shows that there is no giffen input in contrast to existence of giffen good in consumer's case. This paper shows that while this result holds for perfect competiton and monopoly, in the context of Cournot model there can be giffen input.","PeriodicalId":158767,"journal":{"name":"EduRN: Other Social Sciences Education (Topic)","volume":"&NA; 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126030168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}