Divorce law changes made in the 1970s affected marital formation, dissolution, and bargaining within marriage. By altering the terms of the marital contract these legal changes impacted the incentives for women to enter and remain in the labor force. Whereas earlier work had suggested that the impact of unilateral divorce on female employment depended critically on laws governing property divis...

Privatization has increasingly become a policy option for government agencies struggling to meet rising demands for services but with fewer resources. In the transportation arena, many state departments of transportation (DOTs) have privatized by outsourcing highway functions to the private sector. But the outsourcing of technical and expert services such as those related to the design and cons...

The paper addresses the electronic contract management problems in automated eContract negotiation among software agents in the web service environment. From the point of electronic contract management, the aim of negotiation process is to automatically form contractual agreements between different parties, coordinating their behavior and facilitating contract execution. The contracts specify t...

The present work focuses on the development of a simulation method which provides an engineering tool for managing the risks associated with the development of an oil field. The developed method consists of performing discrete simulation based on data from field operations. The paper reports and discusses the simulation results of a real field development which lead to the following highlights:...

the revenue management concept and techniques are applied to model the coordination of supply chain elements. the fundamental premise of this approach is synchronization of a group of business entities consist-ing of a manufacturer and multiple suppliers to achieve an optimal supply chain capacity plans. the output of the supply chain can be various products and thus it is measured in terms of ...

This paper summarizes our efforts to develop capabilities for policy and contract management for Semantic Web Services applications. KAoS services and tools allow for the specification, management, analyzes, disclosure and enforcement of policies represented in OWL. We discuss three current Semantic Web Services applications as examples of the kinds of roles that a policy management framework c...

One of the main priorities of companies involved in supply chains is improving the quality of their products. However, as in other parts of supply chain management, decentralized decision-making in supply quality management is prevalent, which causes inefficiencies such as the well-known double marginalization phenomenon. Coordinating schemes, such as the revenue sharing contract, can contribut...

We argue that knowledge management cannot be separated from firm modeling. We, therefore start from a firm modeling methodology hereafter called “Approach Based on Contract” (ABC). In the method ABC, the contract (explicit or implicit) between a firm and its clients is the first step of the modeling. This contract is progressively refined in an interactive top down and bottom up approach in whi...

This paper quantifies the importance of aggregate fluctuations in microeconomic uncertainty for firm dynamics over the business cycle in an economy with endogenously frictional financial markets. To begin, I provide evidence on asymmetric response across age and size groups of firms in the U.S. to the changes in aggregate economic conditions. I argue that age rather than size is a relevant marg...