Production, inventory and waiting time

Managerial and Decision Economics

Volumn 28, Issue 6, 2007, Pages 579-589

  Epstein, Gil S ^a,b,c  

^a BAR ILAN UNIVERSITY   (Israel)

^b CReAM   (United Kingdom)

^c IZA   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34748923173     PISSN: 01436570     EISSN: 10991468     Source Type: Journal    
DOI: 10.1002/mde.1328     Document Type: Article

References (28)

1. Arrow J, Karlin S, Scarf H. 1958. Studies on the Mathematical Theory of Inventory and Production. Stanford University Press.
2. Arvan L, Moses LM. 1982. Inventory and the theory of the firm. American Economic Review 72: 186-193.
3. Becker GS. 1965. A theory of the allocation of time. Economic Journal 75: 493-517.
4. Blackburn J. 1991. Time Based Competition: The Next Battleground in American Manufacturing. Richard D. Irwin: Homewood, IL.
5. Blinder AS. 1991. Why are prices sticky? Preliminary results from an interview study. American Economic Review 81: 89-96.
6. Blinder AS, Maccini LJ. 1991. Taking stock: a critical assessment of recent research on inventories. Journal of Economic Perspectives 5: 73-96.
7. Danziger L. 1999. A dynamic economy with costly price adjustment. American Economic Review 89(4): 878-901.
8. Danziger L. 2001. Output and welfare effects on inflation with costly price quantity adjustment costs. American Economic Review 91(5): 1608-1620.
9. Dutta S, Bergen M, Levy D, Venable R. 1999. Menu costs posted prices and multiproduct retailers. Journal of Money Credit and Banking 31(4): 638-703.
10. Epstein GS. 1996a. Changing a decision taken under incomplete information during the process of execution. Journal of Economic Behavior and Organization 29: 323-329.
11. Epstein GS. 1996b. The extraction of a natural resource from two sites under uncertainty. Economics Letters 51(3): 309-313.
12. Fershtman C, Spiegel U. 1986. Learning by doing, inventory and optimal pricing policy. Journal of Economics and Business 38(1): 19-26.
13. Haddock DD, McChesney FS. 1994. Why do firms contrive shortages? The economics of intentional mispricing. Economic Inquiry 32(4): 562-581.
14. Hartl R. 1983. Optimal maintenance and production rates for a machine: a nonlinear economic control problem. Journal of Economic Dynamics and Control 6: 281-306.
15. Lach S, Tsiddon D. 1992. The behavior of prices and inflation: an empirical analysis of disaggregated data. Journal of Political Economy 100: 349-389.
16. Levy D, Bergen M, Dutta S, Vernable R. 1997. The magnitude of menu cost: direct evidence from large US supermarket chains. Quarterly Journal of Economics 112: 791-825.
17. Levy D, Dutta S, Bergen M, Vernable R. 1998. Price adjustment at multiproduct retailers. Managerial and Decision Economics 9(2): 81-120.
18. Levy D, Muller G, Dutta S, Bergen M. 2002. Holiday price rigidity and cost of price adjustment. Manuscript.
19. Locsin J. 1996. Focus: nuclear power plant outages: Part 2. Power Engineering 100: 15-16.
20. Muller G. 1998. Asymmetric price responses to cost change: evidence from the retail grocery industry. PhD Thesis, GBS University of Chicago.
21. Paroush J, Spiegel U. 1995. Price discrimination with one-way separated markets. International Journal of the Economics of Business 2: 441-452.
22. Peterson R, Silver EA. 1979. Decision System for Inventory Management and Production Planning. Wiley: New York.
23. Png IPL, Reitman D. 1994. Service time competition. RAND Journal of Economics 25(4): 619-634.
24. Saint-Paul G. 2002. Some evolutionary foundations for price level rigidity. CEPR Discussion Paper 3150.
25. Slade ME. 1998. Optimal pricing with costly adjustment: evidence from retail-grocery prices. Review of Economic Studies 65: 87-107.
26. Stalk Jr G, Hout TM. 1990, Competing Against Time: How Time-based Competition is Reshaping Global Markets. The Free Press: New York.
27. Wall Street Journal. 1988. Speeding up - manufacturers strive to slice time needed to develop products. Wall Street Journal, February 23rd.
28. Weitzman ML. 1991. Price distortion and shortage deformation, or what happened to the Soap? American Economic Review 81: 401-414.