英文标题:
《Mediation with near insolvent defaulting suppliers: a linear
optimisation model to find an optimal outcome》
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作者:
Eric Lavallee
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最新提交年份:
2016
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英文摘要:
This paper presents a model to describe contractual dispute resolution by mediation in situations where a defaulting supplier is near insolvent. While each party has internal constraints, and if alternate performances are available, such as more costly alternative goods, the proposed approach allows the mediator to find an optimal solution. The notion of optimality is presented as adherence to the initial contract, therefore optimising a value function for the non defaulting party. The proposed model includes describing the evolution over time of each party\'s perceived constraints using a phasor like approach with a modulation to the core constraints phasing out of the real part and phasing in the imaginary part of complex numbers. The offers related to alternative performances by the defaulting party are modelled by a Gompertz function, being an exponential learning curve of the supplier in regards to the reaction to its offers, limited by another exponential function when approaching its internal constraints. Furthermore, the model takes into account the discount associated to the delay in the delivery time of the alternative performances.
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中文摘要:
本文提出了一个模型来描述在违约供应商濒临破产的情况下通过调解解决合同纠纷。虽然每一方都有内部约束,而且如果有替代性能,例如更昂贵的替代品,建议的方法允许调解人找到最佳解决方案。最优性的概念表现为遵守初始合同,因此优化了非违约方的价值函数。提出的模型包括使用类似相量的方法描述各方感知约束随时间的演化,并对核心约束进行调制,使复数的实部逐渐消失,虚部逐渐消失。与违约方的替代绩效相关的报价由Gompertz函数建模,Gompertz函数是供应商对其报价的反应的指数学习曲线,在接近其内部约束时受另一个指数函数的限制。此外,该模型还考虑了与替代性能交付时间延迟相关的折扣。
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分类信息:
一级分类:Quantitative Finance 数量金融学
二级分类:Economics 经济学
分类描述:q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学,包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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一级分类:Quantitative Finance 数量金融学
二级分类:General Finance 一般财务
分类描述:Development of general quantitative methodologies with applications in finance
通用定量方法的发展及其在金融中的应用
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