Cournot–Nash equilibria in continuum games with non-ordered preferences.

In the usual framework of continuum games with externalities, we substantially generalize Cournot–Nash existence results [Balder, A unifying approach to existence of Nash equilibria, Int. J.Game Theory 24 (1995) 79–94; On the existence of Cournot–Nash equilibria in continuum games, J. Math. Econ. 32 (1999) 207–223; A unifying pair of Cournot–Nash equilibrium existence results, J. Econ. Theory 102 (2002) 437–470] to games with possibly non-ordered preferences, providing a continuum analogue of the seminal existence results by Mas-Colell [An equilibrium existence theorem without complete or transitive preferences, J. Math. Econ. 1 (1974) 237–246], Gale and Mas-Colell [An equilibrium existence theorem for a general model without ordered preferences, J. Math. Econ. 2 (1975) 9–15], Shafer and Sonnenschein [Equilibrium in abstract economies without ordered preferences, J. Math. Econ. 2 (1975) 345–348], Borglin and Keiding [Existence of equilibrium actions and of equilibrium: a note on the “new” existence theorems, J. Math. Econ. 3 (1976) 313–316] and Yannelis and Prabhakar [Existence of maximal elements and equilibria in linear topological spaces, J. Math. Econ. 12 (1983) 233–245].Pure Cournot–Nash equilibrium; Continuum games; Non-ordered preferences; Feeble topology;

Subgame-perfect free trade networks in a four-country model

Goyal and Joshi (2006, Int Econ Review) apply the notion of ``pairwise stable networks" introduced by Jackson and Wolinsky (1996, J Econ Theory) to a model of free trade network formation, and show that (i) every pairwise stable network is either complete or almost complete (with all countries except one forming direct links), and (ii) the complete network maximizes global welfare. In this note, we use essentially the same model as their model with four countries, and investigate which network is more likely to be realized than others by considering a dynamic process introduced by Jackson and Watts (2002, J Econ Theory).free trade network, network formation, subgame-perfect equilibrium

Int J Health Econ Manag

We test the effect of the introduction of Medicare Part D on physician prescribing behavior by using data on physician visits from the National Ambulatory Medical Care Survey (NAMCS) 2002-2004 and 2006-2009 for patients aged 60-69. We use regression discontinuity designs to estimate the effect of part D around the age of 65 before and after 2006 and then compare the discrete jump in outcomes at age 65 before and after Part D. We find a 32% increase in the number of prescription drugs prescribed or continued per visit and a 46% increase in the number of generic drugs prescribed or continued for the elderly after the introduction of Medicare Part D.20172019-07-02T00:00:00ZCC999999/Intramural CDC HHS/United States28168448PMC6606398674

A methodology to select suppliers to increase sustainability within supply chains

[EN] Sustainability practice within supply chains remains in an early development phase. Enterprises still need tools that support the integration of sustainability strategy into their activity, and to align their sustainability strategy with the supplier selection process. This paper proposes a methodology using a multi-criteria technique to support supplier selection decisions by taking two groups of inputs that integrate sustainability performance: supply chain performance and supplier assessment criteria. With the proposed methodology, organisations will have a tool to select suppliers based on their development towards sustainability and on their alignment with the supply chain strategy towards sustainability. The methodology is applied to an agri-food supply chain to assess sustainability in the supplier selection process.The authors of this publication acknowledge the contribution of Project GV/2017/065 'Development of a decision support tool for the management and improvement of sustainability in supply chains', funded by the Regional Valencian Government. Also, the authors acknowledge Project 691249, RUC-APS: Enhancing and implementing knowledge-based ICT solutions within high risk and uncertain conditions for agriculture production systems (www.ruc-aps.eu), funded by the European Union according to funding scheme H2020-MSCA-RISE-2015.Verdecho Sáez, MJ.; Alarcón Valero, F.; Pérez Perales, D.; Alfaro Saiz, JJ.; Rodríguez Rodríguez, R. (2021). A methodology to select suppliers to increase sustainability within supply chains. 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Coordination mechanisms with mathematical programming models for decentralized decision-making, a literature review

[EN] The increase in the complexity of supply chains requires greater efforts to align the activities of all its members in order to improve the creation of value of their products or services offered to customers. In general, the information is asymmetric; each member has its own objective and limitations that may be in conflict with other members. Operations managements face the challenge of coordinating activities in such a way that the supply chain as a whole remains competitive, while each member improves by cooperating. This document aims to offer a systematic review of the collaborative planning in the last decade on the mechanisms of coordination in mathematical programming models that allow us to position existing concepts and identify areas where more research is needed.Rius-Sorolla, G.; Maheut, J.; Estelles Miguel, S.; García Sabater, JP. (2020). Coordination mechanisms with mathematical programming models for decentralized decision-making, a literature review. 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Resilient Strategies and Sustainability in Agri-Food Supply Chains in the Face of High-Risk Events

[EN] Agri-food supply chains (AFSCs) are very vulnerable to high risks such as pandemics, causing economic and social impacts mainly on the most vulnerable population. Thus, it is a priority to implement resilient strategies that enable AFSCs to resist, respond and adapt to new market challenges. At the same time, implementing resilient strategies impact on the social, economic and environmental dimensions of sustainability. The objective of this paper is twofold: analyze resilient strategies on AFSCs in the literature and identify how these resilient strategies applied in the face of high risks affect the achievement of sustainability dimensions. The analysis of the articles is carried out in three points: consequences faced by agri-food supply chains due to high risks, strategies applicable in AFSCs, and relationship between resilient strategies and the achievement of sustainability dimensions.Authors of this publication acknowledge the contribution of the Project 691249, RUC-APS "Enhancing and implementing Knowledge based ICT solutions within high Risk and Uncertain Conditions for Agriculture Production Systems" (www.ruc-aps.eu), funded by the European Union under their funding scheme H2020-MSCA-RISE-2015.Zavala-Alcívar, A.; Verdecho Sáez, MJ.; Alfaro Saiz, JJ. (2020). Resilient Strategies and Sustainability in Agri-Food Supply Chains in the Face of High-Risk Events. IFIP Advances in Information and Communication Technology. 598:560-570. https://doi.org/10.1007/978-3-030-62412-5_46S560570598Gray, R.: Agriculture, transportation, and the COVID-19 crisis. Can. J. Agric. 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Assessing the intangibles transferred in franchise businesses

[EN] In franchise systems, trade relationships between the franchisor and franchisee to exchange intangible resources for a franchise fee and subsequent payments are set up. This article provides data obtained by personal surveys on the restaurant industry franchise system in Mexico. The brand mark established by an initial investment, the time the franchise has operated, and its capacities to make profit are key factors in this exchange. The franchise size and its belonging to the Mexican Franchise Association are other intangible resources transferred in this relationship. © 2011 Springer-Verlag.Rodríguez, A.; Caballer Mellado, V.; Guadalajara Olmeda, MN. (2011). Assessing the intangibles transferred in franchise businesses. Service Business. 5(1):29-46. doi:10.1007/s11628-011-0100-3S294651Altinay L, Okumus F (2010) Franchise partner selection decision making. Serv Ind J 30(6):929–946Álvarez Y (2007) Análisis dinámico de la cadena de franquicia. 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Universia Bus Rev 19:42–59Bradach JL (1997) Using the plural form in the management of restaurant chains. Adm Sci Q 42(2):276–303Brickley J (2002) Royalty rates and upfront fees in share contracts: evidence from franchising. J Law Econ Organ 18(2):511–535Carney M, Gedajlovic E (1991) Vertical integration in franchise systems: agency theory and resource explanations. Strateg Manag J 12(8):607–629Castrogiovanni G, Combs J, Justis R (2006) Resource scarcity and agency theory predictions concerning the continued use of franchising in multi-outlet networks. J Small Bus Manag 44(1):27–44Caves R, William F, Murphy W (1976) Franchising: firms, markets and intangible assets. South Econ J 42(4):572–586Chiu Y-H, Hu J-L (2003) Payment types and number of franchisees. Serv Ind J 23(4):42–60Combs J, Castrogiovanni G (1994) Franchisor strategy: a proposed model and empirical test of franchise versus company ownership. 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Master production schedule using robust optimization approaches in an automobile second-tier supplier

[EN] This paper considers a real-world automobile second-tier supplier that manufactures decorative surface finishings of injected parts provided by several suppliers, and which devises its master production schedule by a manual spreadsheet-based procedure. The imprecise production time in this manufacturer's production process is incorporated into a deterministic mathematical programming model to address this problem by two robust optimization approaches. The proposed model and the corresponding robust solution methodology improve production plans by optimizing the production, inventory and backlogging costs, and demonstrate the their feasibility for a realistic master production schedule problem that outperforms the heuristic decision-making procedure currently being applied in the firm under study.Funding was provided by Horizon 2020 Framework Programme (Grant Agreement No. 636909) in the frame of the "Cloud Collaborative Manufacturing Networks" (C2NET) project.Martín, AG.; Díaz-Madroñero Boluda, FM.; Mula, J. (2020). Master production schedule using robust optimization approaches in an automobile second-tier supplier. Central European Journal of Operations Research. 28(1):143-166. https://doi.org/10.1007/s10100-019-00607-2S143166281Alem DJ, Morabito R (2012) Production planning in furniture settings via robust optimization. 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Wellbeing indicators affecting female entrepreneurship in OECD countries

[EN] The objective of this research is to know which wellbeing indicators, such as work-life balance, educational level, income or job security, are related to the rate of female entrepreneurship in 29 OECD countries. In addition, these countries have been classified according to the motivation of the entrepreneur either by necessity or by opportunity. The empiric study is focused on 29 OECD countries covering the different geographic areas (Western Europe, Central and Eastern Europe, Middle East, etc.) Due to the fact that the sample is relatively small, it is essential to use a selective approach when selecting the causal conditions. To this end, fsQCA is the most appropriate methodology for such a small data set. A total of 5 variables have been used: an independent variable (female TEA ratio), and four dependent variables (work life balance, educational level, sustainable household income and job security). Data measuring female TEA ratio have been obtained from Global Entrepreneur Monitor (GEM in Global report, 2015) data base, while data measuring wellbeing dimensions were taken from the Better Life Index (OECD in How¿s life? Measuring wellbeing, 2015. http://www.oecdbetterlifeindex.org). The results of this piece of research show that countries with high sustainable household income together with high level of education achieves high female entrepreneurship ratio with both, a good work-life balance (despite of a high unemployment probability), or a high labour-personal imbalance (in this latter, with a low probability of unemployment).This work has been funded by the R + D project for emerging research groups with reference (GVA) GV/2016/078.Ribes-Giner, G.; Moya Clemente, I.; Cervelló Royo, RE.; Perelló Marín, MR. (2019). Wellbeing indicators affecting female entrepreneurship in OECD countries. 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Vertical integration in production and services: development in transaction cost economics

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