Supplier selection and material procurement planning are the most important issues in supply chain management. This decision is complicated when the buyers face with discount price schemes. In real situation, each supplier may apply different methods such as different types of discount schedules and various types of payment in order to increase market share. In this situation, buyers try to sel...

Meta-analysis is applied to the negative relationship between airport noise exposure and residential property values. The effect size in the analysis is the percent depreciation per decibel increase in airport noise, or the noise discount. Twenty hedonic property value studies are analyzed, covering 33 estimates of the noise discount for 23 airports in Canada and the United States. About one-th...

Subjective Discount Rates, Intergenerational Transfers and the Return to Schooling Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from the National Longitudinal Survey of Youth (NLSY). Given household human capital and Armed Forces Qualification tes...