This book, Applications of Operational Research and Mathematical Models in Management, includes all the papers published in the Mathematics Special Issue with the same title. All the published papers are of high quality and were subjected to rigorous peer review. Mathematics is included in the...

Due primarily to the difficulty of obtaining ideal data, much remains unknown about how college majors are determined. We take advantage of longitudinal expectations data from the Berea Panel Study to provide new evidence about this issue, paying particular attention to the choice of whether to...

In Bayesian analysis of dynamic stochastic general equilibrium (DSGE) models, prior distributions for some of the taste-and-technology parameters can be obtained from microeconometric or presample evidence, but it is difficult to elicit priors for the parameters that govern the law of motion of...

The aim of this paper is to extract mathematically talented students out of a group of arbitrary high school students. We do this by applying a stepwise discriminant analysis modified for ordinal data to the results of German high school students at the international mathematics competition...

This paper provides evidence on the sources of the persisting mathematics test score gap between boys and girls. In particular, we investigate the role of the share of female mathematics teachers in secondary school and of pupils self-confidence and extrinsic motivation in mathematics. We find...

It is well known that the rock-paper-scissors game has no pure saddle point. We show that this holds more generally: A symmetric two-player zero-sum game has a pure saddle point if and only if it is not a generalized rock-paper-scissors game. Moreover, we show that every finite symmetric...

Som bekendt er anvendelsen af en matematisk formalisme i mikro- som i makroøkonomisk teori i dag særdeles udbredt. Herved hævdes det ofte, at økonomi som fagdisciplin betragtet har vundet en uomtvistelig videnskabelig status, der bringer økonomi i en klasse for sig blandt de...