{"id":22667,"date":"2025-12-18T15:52:23","date_gmt":"2025-12-18T14:52:23","guid":{"rendered":"https:\/\/www.uni.lu\/fdef-en\/?post_type=events&#038;p=22667"},"modified":"2025-12-18T16:07:28","modified_gmt":"2025-12-18T15:07:28","slug":"canceled-dem-lunch-seminar-with-catherine-thomas-london-school-of-economics-uk","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fdef-en\/events\/canceled-dem-lunch-seminar-with-catherine-thomas-london-school-of-economics-uk\/","title":{"rendered":"Cancelled &#8211; DEM Lunch Seminar with Catherine Thomas, London School of Economics, UK"},"content":{"rendered":"\n<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\">\n<p><\/p>\n\n\n\n<ul class=\"wp-block-unilux-blocks-custom-buttons btn-list\"><li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.eventbrite.fr\/e\/dem-lunch-seminar-catherine-thomas-london-school-of-economics-uk-registration-1977275321714?aff=oddtdtcreator\"\n                target=\"_self\"\n        class=\"btn btn--primary\"\n            >Register<\/a>\n<\/li>\n\n\n<li class=\"wp-block-unilux-blocks-custom-button\"    aria-disabled=\"false\"\n    >\n    <a\n        role=\"link\"\n        aria-disabled=\"false\"\n                    href=\"https:\/\/www.uni.lu\/fdef-en\/calendar?post_type=events&#038;p=22667&#038;calendar\"\n                target=\"_self\"\n        class=\"btn btn--secondary\"\n            >Add to calendar<\/a>\n<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>Due to unforeseen circumstances this lunch seminar has been cancelled.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Global Supply Chain Flexibility: The Role of Contracts in LNG<\/strong><\/p>\n\n\n\n<p><strong>Abstract<\/strong><\/p>\n\n\n\n<p>This paper explores how firms design sourcing strategies that provide flexibility to adjust to demand shocks. We model buyers\u2019 sourcing decisions in settings where goods are indivisible and trade can take place both within long-term relationships and in spot markets. Reduced-form evidence from the global LNG industry between 2009 and 2019 shows that larger buyers source from more suppliers and often from multiple suppliers within a given week. Shipments sourced through contractual relationships\u2014which are more efficient on average\u2014respond to buyer-specific demand shocks. Estimating the model for the same period indicates that maintaining several supplier relationships offers greater resilience to shocks than relying solely on spot markets. Counterfactual analysis suggests that adaptation within contracts contributes substantially to overall value creation in the global LNG industry.<\/p>\n\n\n\n<p><strong>About the speaker<\/strong><\/p>\n\n\n\n<p>Catherine Thomas is an Associate Professor of Managerial Economics and Strategy. She is the Director of the International Trade Programme at the Centre for Economic Performance and a Research Fellow of the Centre for Economic Policy Research. Catherine is a Co-Editor of Economica and an Associate Editor of Management Science. She has previously also served on the editorial boards of the Review of Economic Studies and the Strategic Management Journal. Having been the Director of the BSc Management at LSE for its first five years, she is now the Chair of the Steering Committee for the degree. Catherine is also a member of the LSE Teaching Excellence Framework sub-committee.<\/p>\n\n\n\n<p><strong>Language<\/strong><\/p>\n\n\n\n<p>English<\/p>\n\n\n\n<p>This is a free seminar. Registration is mandatory<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><figure class=\"wp-block-dev4-reusable-blocks-image  object-fit--scale-down\">\n    \n<img decoding=\"async\" class=\"wp-block-image unilux-custom-image-block\"\n                alt=\"\"\n            src=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO.png\"\n                srcset=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-300x50.png 300w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-1024x172.png 1024w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-768x129.png 768w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-1536x258.png 1536w, https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/3\/2025\/06\/18105657\/FNR_LOGO-2048x344.png 2048w\"\n                style=\"object-position: 50.00% 50.00%; font-family: &quot;object-fit: scale-down; object-position: 50.00% 50.00%;&quot;; aspect-ratio: 16\/9; object-fit: scale-down; width: 75%;\"\n        loading=\"lazy\"\n\/>    <\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><\/p>\n\n\n\n<p><br><br><br>Supported by the Fond National de la Recherche,<br>Luxembourg (19441346)&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":413,"featured_media":10247,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2026-01-07 13:00:00","event_end_date":"2026-01-07 14:00:00","event_speaker_name":"Catherine Thomas","event_speaker_link":"https:\/\/www.lse.ac.uk\/people\/catherine-thomas","event_is_online":false,"event_location":"Universit\u00e9 du Luxembourg - Campus Weicker - room A401","event_street":"4, rue Alphonse Weicker","event_location_link":"https:\/\/www.uni.lu\/fr\/a-propos\/campus\/batiment-weicker\/","event_zip_code":"L-2721","event_city":"Luxembourg","event_country":"Luxembourg"},"events-topic":[298],"events-type":[323,322,315],"organisation":[138,101],"authorship":[413],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cancelled - DEM Lunch Seminar with Catherine Thomas, London School of Economics, UK - FDEF events I Uni.lu<\/title>\n<meta name=\"description\" content=\"Due to unforeseen circumstances this lunch seminar has been cancelled. Global Supply Chain Flexibility: The Role of Contracts in LNG Abstract This paper\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fdef-en\/events\/canceled-dem-lunch-seminar-with-catherine-thomas-london-school-of-economics-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cancelled - DEM Lunch Seminar with Catherine Thomas, London School of Economics, UK\" \/>\n<meta property=\"og:description\" content=\"Due to unforeseen circumstances this lunch seminar has been cancelled. 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