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The scheduling problem faced by a firm (or by a government agency) that is responsible for providing transportation to tourists who would like to visit a particular location has received scant theoretical attention in the tourism literature. Therefore, we conduct a probabilistic analysis of the...
Persistent link: https://www.econbiz.de/10014026276
alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a …
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In spite of a manager's best attempts, a managed rangeland may hit an irreversible state in which it provides neither consumptive nor non-consumptive services to humans. Therefore, given a particular time based management regime, it is useful to know how long it takes for a rangeland to hit the...
Persistent link: https://www.econbiz.de/10014073815
In spite of a manager's best attempts, a managed rangeland may hit an irreversible state in which it provides neither consumptive nor non-consumptive services to humans. Therefore, given a particular time based management regime, it is useful to know how long it takes for a rangeland to hit the...
Persistent link: https://www.econbiz.de/10014027456
We employ a stochastic dynamic programming approach to study decision making by an individual wishing to have an arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we demonstrate that our marrying individual uses a reservation...
Persistent link: https://www.econbiz.de/10013121473
We employ a stochastic dynamic programming approach to study decision making by an individual wishing to have an arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we demonstrate that our marrying individual uses a reservation...
Persistent link: https://www.econbiz.de/10013123426
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Persistent link: https://www.econbiz.de/10009508421
A firm providing transport to tourists can do so at fixed points in time (scheduling by time). Alternately, it can wait for a certain minimal number of tourists to arrive before it provides transport (scheduling by numbers). This “how to schedule” problem confronts all providers of transport...
Persistent link: https://www.econbiz.de/10014045859