Public transport service provision is viewed as an important component of the overall transportation planning and management process. Research examining public transportation performance and how it may be enhanced is much needed. This paper addresses strategic aspects of service access. Public transport in Brisbane, Australia is evaluated using a commercial geographical information system integ...

This paper review and examine how strategic management researchers apply research methods, and what strategies use as part of the research process, to locate, organize, manage, transform, create, communicate and evaluate research tools, data and information resources. It also analyzes recent developments in research methodology to create scientific knowledge in theory building and practice in s...

Information systems can serve as intermediaries between the buyers and the sellers in a vertical market, thus creating an “electronic marketplace.” A major impact of these electronic market systems is that they typically reduce the search costs buyers must pay to obtain information about the prices and product offerings available in the market. Economic theory suggests that this reduction in se...

A decision support system is formulated for a multi-product biorefinery. A structured approach is used for feed, product, and technology selection and capacity design. Uncertainty in ethanol prices is modeled using real-options analysis. The results show prefernece for an incremental capacity design over economies of scale, and selection of a higher costing flexible production platform that can...

The research addresses the management dilemma of a decrease in the number of capital project investments, due to the current methods of capital budgeting (i.e. net present value analysis using discounted cash flows) being ineffective, because it does not effectively deal with uncertainty in the investment, and also does take management's flexibility into account. It has been determined that a s...

Modern systems, such as engineering systems with autonomous entities, markets, and financial networks, consist of self-interested agents with potentially conflicting objectives. These agents interact in a dynamic manner, modifying their strategies over time to improve their payoffs. The presence of self-interested agents in such systems, necessitates the analysis of the impact of multi-agent de...

Business process reengineering (BPR) efforts have been reported successful in many firms. However, the failure rates were as high as 70%. Various reasons for this have been given in past research. One major reason was that the efforts had not been connected to the corporate goals. In addition, the steps in implementing BPR in past discussions were, however, incomplete and the papers merely repo...

This paper presents a research in progress on the use of knowledge engineering and knowledge management techniques for the development of a strategic approach for the transfer of professional know-how. This transfer is based on the design of devices for sharing and learning clearly identified knowledge in the oil industry domains. This work is based on a pilot study which was carried out in the...

In this paper, we prove the global risk optimality of the hedging strategy of contingent claim, which is explicitly (or called semi-explicitly) constructed for an incomplete financial market with external risk factors of non-Gaussian Ornstein-Uhlenbeck (NGOU) processes. Analytical and numerical examples are both presented to illustrate the effectiveness of our optimal strategy. Our study establ...