We present a decision theory appropriate for use in serious choices such as insurance. It extends standard decision theories like expected utility or cumulative prospect theory which are atemporal single stage theories. Instead it employs stages of knowledge ahead to track satisfactions and...

Decision makers frequently have to forecast the future values of a time series (e.g. the price of a commodity, sales figures) given several sources of information (e.g. leading indicators, forecasts of advisors). As a subdomain of decision theory the explanation and the improvement of human...

For the analysis presented in this paper we use experiments to study human behavior in a simulation environment based on a simple Lotka-Volterra predator-prey ecology. The aim is to study the influence of different harvesting strategies and of certain personality traits derived from the Hamburg...

From 2012 on aviation is included in the European Emissions Trading Scheme (EU ETS) and operators have to hold one allowance per tonne of CO2 emitted on every flight departing from and/or arriving at an airport within the EU. Now two questions are of interest: Is it profitable for airlines to...

In this paper we present two approaches for solving a real-world vehicle routing problem arising in the air cargo road feeder service business. The problem is to combine transportation tasks from a given timetable to trips which have to be assigned to tractors and which can be operated by...