书目名称 | Capacity Reservation for Capital-intensive Technologies |
副标题 | An Options Approach |
编辑 | Stefan Spinler |
视频video | http://file.papertrans.cn/222/221375/221375.mp4 |
丛书名称 | Lecture Notes in Economics and Mathematical Systems |
图书封面 |  |
描述 | Arguably the central problem in operations research and management science (OR/MS) addressed by e-Business is better coordination of supply and de mand, including price discovery and reduction of transactions costs of buyer seller interactions. In capital-intensive industries like chemicals and steel, the out-of-pocket costs of excess capacity and the opportunity costs of underuti lized capacity have been important factors driving the growth of exchanges for improving demand and supply coordination through e-Business platforms. Stefan Spinler addresses in his dissertation one of the most interesting aspects of this evolution for OR/MS, the parallel development of long-term and short-term markets for capacity and output, accompanied by a range of exotic options and forwards as the basic mechanisms supporting transac tions. This is a fascinating research topic because it builds on the powerful framework of real options, while connecting directly to key operations deci sions (capacity planning, staffing, maintenance, and so forth) of the plants and technologies whose output is the focus of contracts. From the perspec tive of practice, the use of these contracting mechanisms, as |
出版日期 | Book 2003 |
关键词 | B2B e-markets; Long-term Contract; Option of Capacity; Risk-hedging; Spot Market; hedging; valuation; varia |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-642-19006-3 |
isbn_softcover | 978-3-540-00287-1 |
isbn_ebook | 978-3-642-19006-3Series ISSN 0075-8442 Series E-ISSN 2196-9957 |
issn_series | 0075-8442 |
copyright | Springer-Verlag Berlin Heidelberg 2003 |