Optimal inventory policies for profit maximizing EOQ models under various cost functions

2006 ◽  
Vol 174 (2) ◽  
pp. 689-705 ◽  
Author(s):  
Hoon Jung ◽  
Cerry M. Klein
Keyword(s):  
Cost Functions ◽  
Inventory Policies ◽  
For Profit ◽  
Eoq Models ◽  
Profit Maximizing

scholarly journals Empirical Evidence of Overbidding in M&A Contests

2018 ◽  
Vol 53 (4) ◽  
pp. 1547-1579 ◽  
Author(s):  
Eric de Bodt ◽  
Jean-Gabriel Cousin ◽  
Richard Roll
Keyword(s):  
Empirical Evidence ◽  
Conflicts Of Interest ◽  
Empirical Test ◽  
Indirect Evidence ◽  
Merger And Acquisition ◽  
Necessary Condition ◽  
Bidding Behavior ◽  
Winner’S Curse ◽  
For Profit ◽  
Profit Maximizing

Surprisingly few papers have attempted to develop a direct empirical test for overbidding in merger and acquisition contests. We develop such a test grounded on a necessary condition for profit-maximizing bidding behavior. The test is not subject to endogeneity concerns. Our results strongly support the existence of overbidding. We provide evidence that overbidding is related to conflicts of interest, but also some indirect evidence that it arises from failing to fully account for the winner’s curse.

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