In exploring the question of how humans reason in ambiguous situations or in the absence of complete information, we stumbled onto a body of knowledge that addresses issues beyond the original scope of our effort. We have begun to understand the importance that philosophy, in particular the work...

Every individual channels information differently based on their preference of the sensory modality or representational system (visual auditory or kinesthetic) we tend to favor most (our primary representational system (PRS)). Therefore, some of us access and store our information primarily...

Executive discretion, the latitude for executives strategic decisions, is a powerful moderator of strategic decision making. In spite of its potential contribution to strategic management studies, Hambrick and Finkelstein's (1987) socio-political model of executive discretion has received little...

"This paper provides an experimental analysis of bargaining under imperfect information, molded by the circumstances found in oil field unitization. The purpose of the study is two-fold. One purpose is to provide a more in-depth analysis of how information affects bargained shares and...

This paper proposes the Shannon entropy as an appropriate one-dimensional measure of behavioural trading patterns in financial markets. The concept is applied to the illustrative example of algorithmic vs. non-algorithmic trading and empirical data from Deutsche Börse's electronic cash equity...

Surveys are a critical channel of information from various stake holders in most service processes. Design of surveys and analysis of data collected from them is a well-established discipline within social sciences, and the associated analysis methods can be broadly categorized into quantitative...

Convergence of the expectation-maximization (EM) algorithm to a global optimum of the marginal log likelihood function for unconstrained latent variable models with categorical indicators is presented. The sufficient conditions under which global convergence of the EM algorithm is attainable are...

We analyze some models of nonequilibrium systems proposed in the past decade which derive the laws of irreversible thermodynamics from deterministic dynamics. We find that these models do not posses the crucial property of local thermodynamic equilibrium, since they represent noninteracting...

We consider the effect of shear and normal viscous pressures on the non-equilibrium entropy of ideal gases in Couette flow. These results extend the previous ones (Bidar et al., Physica A 233 (1996) 163), where normal pressure effects were ignored. Furthermore, we analyze the non-equilibrium...