Quantifying the Value of Cooperation
The model quantifies how coalition size reduces cost deviations. Empirical tests confirm exponential improvement with each…
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Optimal Futures Hedging for Perishable Goods
This research shows how perishable goods buyers hedge via futures markets. Backwardation becomes a hedgeable parameter,…
Why Sharing Demand Data Pays Off
Businesses that share demand forecasts gain collective advantage. Data transparency supports accurate procurement decisions. Independent yet aligned…
Newsvendor Logic in the Age of Futures Markets
The study parallels and extends the classic newsvendor problem. Instead of uncertain prices, it models backwardated…