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© 2016

Dynamic Perspectives on Managerial Decision Making

Essays in Honor of Richard F. Hartl

  • Herbert Dawid
  • Karl F. Doerner
  • Gustav Feichtinger
  • Peter M. Kort
  • Andrea Seidl
Book

Part of the Dynamic Modeling and Econometrics in Economics and Finance book series (DMEF, volume 22)

Table of contents

  1. Front Matter
    Pages i-vii
    PDF
  2. Introduction
    Herbert Dawid, Karl F. Doerner, Gustav Feichtinger, Peter M. Kort, Andrea Seidl
    Pages 1-7

  3. Economic Dynamics

    1. Front Matter
      Pages 9-9
      PDF
    2. Dynamic Drug Policy: Optimally Varying the Mix of Treatment, Price-Raising Enforcement, and Primary Prevention Over Time
      Jonathan P. Caulkins, Gernot Tragler
      Pages 11-35
    3. Economics of Talent: Dynamics and Multiplicity of Equilibria
      Yuri Yegorov, Franz Wirl, Dieter Grass, Andrea Seidl
      Pages 37-61
    4. Skiba Phenomena in Markov Perfect Equilibria of Asymmetric Differential Games
      Herbert Dawid, Michel Y. Keoula, Peter M. Kort
      Pages 63-76
    5. A Dynamic Advertising Game with Market Growth
      Steffen Jørgensen, Simon Pierre Sigué
      Pages 77-91
    6. Managerial Delegation in a Dynamic Renewable Resource Oligopoly
      Luca Lambertini
      Pages 93-107
    7. Optimal Growth with Polluting Waste and Recycling
      Raouf Boucekkine, Fouad El Ouardighi
      Pages 109-126
    8. Handling the Complexity of Predator-Prey Systems: Managerial Decision Making in Urban Economic Development and Sustainable Harvesting
      Birgit Bednar-Friedl, Doris A. Behrens, Dieter Grass, Olivia Koland, Ulrike Leopold-Wildburger
      Pages 127-148
    9. On Optimal Harvesting in Age-Structured Populations
      Anton O. Belyakov, Vladimir M. Veliov
      Pages 149-166
    10. Maximizing Female Labor Force Participation in a Stationary Population
      Elke Moser, Alexia Prskawetz, Gustav Feichtinger, Bilal Barakat
      Pages 167-188
    11. Multiplicity of Balanced Growth Paths in an Endogenous Growth Model with Elastic Labor Supply
      Gerhard Sorger
      Pages 189-200
    12. Fiscal and Monetary Policies in a Monetary Union: Conflict or Cooperation?
      Dmitri Blueschke, Reinhard Neck
      Pages 201-216
    13. On the Optimal Trade-Off Between Fire Power and Intelligence in a Lanchester Model
      A. J. Novák, G. Feichtinger, G. Leitmann
      Pages 217-231
    14. Drivers of the Change in Social Welfare in European Countries
      Mikuláš Luptáčik, Eduard Nežinský, Martin Lábaj
      Pages 233-249

  4. Firm Management

    1. Front Matter
      Pages 251-251
      PDF
    2. Organizational Nimbleness and Operational Policies: The Case of Optimal Control of Maintenance Under Uncertainty
      Ali Dogramaci, Suresh Sethi
      Pages 253-277
    3. Safety Stocks in Centralized and Decentralized Supply Chains Under Different Types of Random Yields
      Karl Inderfurth
      Pages 279-300
    4. Dynamic Pricing Under Economic Ordering and Strategic Customers with Forward Buying and Postponement
      Stefan Minner
      Pages 301-311

About this book

Introduction

This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.

Keywords

Decision making Decision theory Dynamic games Nonlinear dynamical systems Optimal control Supply chain management

Editors and affiliations

  • Herbert Dawid
    • 1
  • Karl F. Doerner
    • 2
  • Gustav Feichtinger
    • 3
  • Peter M. Kort
    • 4
  • Andrea Seidl
    • 5
  1. 1.Department of Business Administration and Economics and Center for Mathematical EconomicsBielefeld UniversityBielefeldGermany
  2. 2.Department of Business AdministrationUniversity of ViennaViennaAustria
  3. 3.Institute of Statistics and Mathematical Methods in EconomicsVienna University of TechnologyViennaAustria
  4. 4.Department of Econometrics and Operations Research & CentERTilburg UniversityTilburgThe Netherlands
  5. 5.Department of Business AdministrationUniversity of ViennaViennaAustria

Bibliographic information