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Stochastic scheduling of parallel queues with set-up costs

Duenyas, Izak; Oyen, Mark P. - 1995

We consider the problem of allocating a single server to a system of queues with Poisson arrivals. Each queue represents a class of jobs and possesses a holding cost rate, general service distribution, and a set-up cost. The objective is to minimize the expected cost due to the waiting of jobs...

Persistent link: https://www.econbiz.de/10009477431

On modifications to the long-term survival mixture model in the presence of competing risks

Ng, SK; McLachlan, GJ - 1998

A mixture model for long-term survivors has been adopted in various fields such as biostatistics and criminology where some individuals may never experience the type of failure under study. It is directly applicable in situations where the only information available from follow-up on individuals...

Persistent link: https://www.econbiz.de/10009448001

Portfolio optimization with risk constraints

Gandy, Ralf - 2005

In dieser Arbeit setzen wir uns mit den Auswirkungen von Risikobeschränkungen auf das optimale Verhalten eines Investors auseinander, welcher versucht, den erwarteten Endnutzen zu einem festgelegten Zeitpunkt zu maximieren. Dazu kann er ein vorgegebenes Anfangsvermögen in einem Markt...

Persistent link: https://www.econbiz.de/10009462193

Distributing the Benefits from the Commons

Silvestre, Joaquim - 1993

"The common-property literature has often focused on the question of efficiency. Here we consider distributional issues instead. How should the benefits of the commons (say, a fishery) be distributed? We approach the question from the viewpoint of ownership rather than income redistribution. "A...

Persistent link: https://www.econbiz.de/10009468330

Foundations for Cooperation in Social Dilemmas

Ahn, Toh-Kyeong - 2001

"Institutional approaches to social dilemmas have so far focused on how to create incentive structures that channel individuals' behavior into socially desirable outcomes assuming that everyone is selfish. However, the presumption of universal selfishness is not only empirically invalid but may...

Persistent link: https://www.econbiz.de/10009468335

Appropriation Externalities in the Commons: Theory and Experimental Evidence

Herr, Andrew - 1996

of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader …

Persistent link: https://www.econbiz.de/10009468337

Essays on Individual Behavior in Social Dilemma Environments: An Experimental Analysis

Dudley, Dean - 1993

"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...

Persistent link: https://www.econbiz.de/10009468340

Salience and Its Implications for Common-Pool Resource Management in Scotland: A Tragedy of a Different Kind?

Brown, Katrina Myrvang; Slee, Bill - 2002

"In past contributions to CPR theory, the issue of salience/dependence on a resource has been flagged up as a one of a … high. However, cases do exist of CPRs in which this assumption does not hold, and consequently, related theory proves to be … into question the possibility and utility of constructing a coherent CPR meta-theory." …

Persistent link: https://www.econbiz.de/10009468341

Institutional Equilibrium and Equilibrium Institutions

Shepsle, Kenneth A. - 1983

"This theme paper focuses on political institutions and their effects on social choice. Institutions are argued to play a mediating rolebetween the preferences of individuals and social choices. In addition to playing an endogenous role in molding and channeling preferences, institutions...

Persistent link: https://www.econbiz.de/10009468358

Chaos on the Commons: Considering the Implications of Nonequilibrium Theory for Common Property Research

Morgan, Betty - 1995

"The rapidly emerging 'new science' of nonequilibrium systems theory may offer common property researchers and scholars …. Deriving from the dynamical holism of quantum physics, nonequilibrium theory engages the spontaneity, chaos, interrelatedness … paper explores the aspects of nonequilibrium theory which may be instructive in an expanded vision of common property …

Persistent link: https://www.econbiz.de/10009468365

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