War for profit: English corsairs,institutions and decentralised strategy

In this study, we propose that in states with relatively weak central authorities, decision-makers had to develop market-oriented organisation solutions to successfully face a grave external threat, and these solutions proved to be efficient. Using an interdisciplinary approach that combines institutional theory, history and strategy, we analyse a case study, the use of corsairs (privateers) by England in the late sixteenth and early seventeenth centuries. We have found that the development of partnership companies went hand in hand for commercial and military purposes. English privateers proved to be economically efficient and superior to the centrally planned war operations of the Spanish empire.     

A generalized recursive algorithm for a class of non-stationary regeneration (scheduling) problems

Recent efforts in the field of dynamic programming have explored the feasibility of solving certain classes of integer programming problems by recursive algorithms. Special recursive algorithms have been shown to be particularly effective for problems possessing a 0–1 attribute matrix displaying the “nesting property” studied by, Ignall and Veinott in inventory theory and by Glover in network flows. This paper extends the class of problem structures that has been shown amenable to recursive exploitation by providing an efficient dynamic programming approach for a general transportation scheduling problem. In particular, we provide alternative formulations lor the scheduling problem and show how the most general of these formulations can be readily solved vis a vis recursive techniques.     

Do Employers Favor those with Military Experience in the U.S. Reserve Forces? Evidence from a Field Experiment

This study examines whether completed service in the military reserves results in a civilian labor market benefit. Reservists are not completely absent from the civilian labor market during their military service, possibly allowing them to receive the benefits associated with military experience without forgoing valuable civilian labor market experience. Using a resume study, the results suggest that completed service in the military reserves, relative to no military experience, increases the probability of receiving a request for an interview by 19%.