A long period of rig scarcity and high rates has led to innovation in the procurement of rig services and in relationships between oil companies and rig contractors. Discussions have been conducted on joint ventures between companies and contractors, for instance. This paper describes and...

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Many sosio-economic rates of returns for climate projects have been used in analysing the present value of the climate benefit. However, little attention has been devoted to profitability assessments based on commercial considerations. Economic valuation of climate projects, seen from the...

This paper will present some meaningful insights into the analysis and modeling phases of an Enterprise Virtual Environment (EVE) prototype. The main goal of EVE is to provide an environment for collaborative decisions using a DSS-like approach. In the second part, the proposed architecture of...

Under the Mac Sharry and Agenda 2000 reforms, direct payments comprised a significant portion of farmers’ income in the EU. Farmers had to engage in production to receive these payments but the payments were relatively risk-free and therefore risk may not have played an important role in the...

Air Force 2025 was a study directed by the Chief of Staff of the United States Air Force to identify key system concepts and technologies for achieving air and space dominance in the year 2025. The study was a large effort in which over 200 military experts participated for more than one year....

Under the Mac Sharry and Agenda 2000 reforms, direct payments comprised a significant portion of farmers' income in the EU. Farmers had to engage in production to receive these payments but the payments were relatively risk-free and therefore risk may not have played an important role in the...

We argue for greater recognition of the risky nature of most policy decisions. In this context we discuss the gulf between public risk perceptions and attitudes and those of 'experts'. Public views of risk are often inconsistent and seemingly irrational. They nevertheless influence policy...

This paper concerns the integration of RFID (Radio Frequency IDentification) technologies in helicopters. A global RFID system, including RFID tags (passive, battery assisted and active), reading modules and data concentrator, will be embedded in helicopters. Such an integration requires a...

Most important decision problems---virtually all capital investments and planning situations---involve risky cash flows with uncertainties that are resolved over time. In most of these problems, the decision-maker has access to financial markets and may borrow and lend to smooth consumption over...