Investment–cash flow sensitivity under changing information asymmetry

Portfolio construction under information asymmetry

We introduce in this thesis the idea of a variable lookback model, i.e., a model whose predictions are based on a variable portion of the information set. We verify the intuition of this model in the context of experimental finance. We also propose a novel algorithm to estimate it, the variable lookback algorithm, and apply the latter to build investment strategies. Financial markets under info...

Supply Chain Collaboration Under Information Asymmetry

Firms manufacturing highly innovative and complex products often rely on the expertise of their suppliers who provide critical components that enable core functionality of products. During the product design stage there is often considerable uncertainty about component production cost, and it is of interest to both the manufacturer and the supplier to enter into a collaborative relationship in ...

Contracting for Product Support under Information Asymmetry

Call Center Outsourcing Under Information Asymmetry

In this paper we examine contracts to coordinate the capacity decision of a vendor who has been hired by a client to provide call center support. We consider a variety of contracts, all based on our observations of contracts used by one large vendor. We examine the role of different contract features such as pay-per-time, pay-per-call, service level agreements, and constraints on service rates ...

Call Center Outsourcing Contracts Under Information Asymmetry

I this paper, we examine contracts to coordinate the capacity decision of a vendor who has been hired by a client to provide call center support. We consider a variety of contracts, all based on our observations of contracts used by one large vendor. We examine the role of different contract features such as pay-per-time, payper-call, service-level agreements, and constraints on service rates a...