From Just-in-Time, to Just-in-Case, to Just-in-Worst-Case: Simple Models of a Global Supply Chain under Uncertain Aggregate Shocks
Abstract COVID-19 highlighted the weaknesses in the supply chain. Many have argued that a more resilient or robust supply chain is needed. But what does a robust supply chain mean? And how do firms’ decisions change when taken that approach? This paper studies a very stylized model of...
| Main Authors: | , , |
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| Outros autores: | |
| Formato: | Artigo |
| Idioma: | English |
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Palgrave Macmillan UK
2022
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| Acceso en liña: | https://hdl.handle.net/1721.1/140421 |