A risk-sharing approach to transfer pricing and incentive compensation problems under exchange rate uncertainty
Article Abstract:
Resource allocation problems arising from exchange-rate uncertainties may be addressed efficiently by adopting a novel risk-sharing model based on Kanodia's (1979) works. The framework makes use of the Arrow-Debreu contingent commodities concept in order to guarantee optimal coordination in decentralized firms, particularly multinational enterprises. The approach further outlines an optimal pricing scheme designed to enable firms to comply with international tariff and tax policies.
Publication Name: Decision Sciences
Subject: Business, general
ISSN: 0011-7315
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
A comprehensive model for managing credit risk on home mortgage portfolios
Article Abstract:
Several decision support tools for managing credit risk associated with home mortgage portfolios are introduced. These include a forecasting model of mortgage life based on Markov chains and nonstationary transition probabilities as well as logistic and regression models for determining losses from bad loans. These models enable financial institutions to characterize the performance of mortgages and portfolio segments under various business conditions.
Publication Name: Decision Sciences
Subject: Business, general
ISSN: 0011-7315
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
A seasonal index for business
Article Abstract:
A model was developed wherein a multiplicative seasonal index can be derived from a small set of data, which can be used in business forecasting. The effectivity of the model is derived from its use of the systematic error factor, which makes for corrections and provides for a higher safety provision. The model can both be used in the multiplicative and additive trend of generating the seasonal index.
Publication Name: Decision Sciences
Subject: Business, general
ISSN: 0011-7315
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Noise trading and the management of operational risk; firms, traders and irrationality in financial markets. 'It Was Such a Handy Term': management fashions and pragmatic ambiguity
- Abstracts: Estimating the tradeoff between resource allocation and probability of on-time completion in project management
- Abstracts: Simulation-based estimation of proportions. A branch and bound procedure for the resource constrained project scheduling problem with discounted cash flows
- Abstracts: Effects of erroneous estimation of activity durations on scheduling and dispatching a single project. Scheduling to improve field service quality