In der vorliegenden Arbeit wurde auf der Grundlage eines intuitiven Risikobegriffs von "Risiko als Ausmaß der Gefahr der Unterschreitung einer angestrebten Zielgröße" eine allgemeine strukturelle Quantifizierung des Risikopotentials einer Wahrscheinlichkeitsverteilung im Sinne eines...

This paper examines search with active learning and correlated information. We firstdevelop a simple model to show how correlation affects the decision to acquire information.A unique data set on fishing site choice by mid-Atlantic clam fishermen is used to test themodel predictions. Results...

Successful IT outsourcing is usually for the benefit of both parties: theoutsourcing client and the service provider. With a fixed price contract, the clienttries to lower project risks and costs by transferring parts of a project to theservice provider at a previously negotiated price. In this...

This paper extends maximum entropy estimation of discrete probabilitydistributions to the continuous case. This transition leads to a nonparametricestimation of a probability density function, preserving the maximumentropy principle. Furthermore, the derived density estimate providesa minimum...

• The road capability of the tool has been proved in cooperation withBühler and their customers• Currently there is no better way to evaluate different planning versions• A large number of statistic data can be gathered (detailed informationabout capacity utilisation, distribution of...

„Business Intelligence“ (BI) bezeichnet einen integrierten Ansatz für die betriebli-che, IT-basierte Entscheidungsunterstützung (Kemper et al. 2006, S. 8). Dabei ist es vor allem der integrative Anspruch, der BI auszeichnet und aus dem die wesent-lichen Herausforderungen des Gebietes...

CII Introduction: Underinsurance in the UK continues to be a growing problem, with people’s inaction resulting in disastrous consequences for both individuals and society as a whole. One of the challenges is that while people may like the idea of insurance, few make the time to truly...

Whether HRM is perceived to be a ‘problem’ for smaller firms is explored in this paper usinglogistic regression. We analyse data from 523 responses to a survey of smaller firms in southeastMelbourne (Victoria, Australia), and consider the antecedents of a range of issues ofconcern reported...

A new model, rejecting solutions optimal only for a single preciselydefined future, generates answers representing the best compromisebetween risks and opportunities in all likely futures.

This paper sketches important concepts of rationality. It concentrates on bounded rationalityand provides descriptions of the heuristics and bias program and of the fast and frugalheuristics program by Gerd Gigerenzer and colleagues (Gigerenzer, 2002; Gigerenzer,Todd, & the ABC Research Group, 1999;...