We report an experiment in which subjects are not indifferent between real-money lotteries implemented with randomization devices that are equivalent under the Reduction Axiom. Instead choice behavior is consistent with subjective distortion of conditional probability, and this persists in...

In product and process optimization, it is common to have multiple responses to be optimized. This is called multi-response optimization (MRO). When optimizing multiple responses, it is important to consider variability as well as mean of the multiple responses. The authors call this problem as...

This study presents a new field experimental approach for measuring age discrimination in hiring. In addition to the classical approach in which candidates' ages are randomly assigned within pairs of fictitious resumes that are sent to real vacancies, we randomly assign activities undertaken by...

Design of experiments (DOE) offers a great deal of benefits to any manufacturing organization, such as characterization of variables and sets the path for the optimization of the levels of these variables (settings) trough the Response surface methodology, leading to process capability...

This paper addresses the study of the pre-experimental planning phase of the Design of Experiments (DoE) in order to improve the final product quality. The pre-experimental planning phase includes a clear identification of the problem statement, selection of control factors and their respective...