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Persistent link: https://www.econbiz.de/10010881105
The editing-and-imputation problem concerns the question of finding errors in a record which does not satisfy a set of consistency rules. Once some potential errors have been localizated, it is also necessary to impute new values to the associated fields. The output dataset should consist of...
Persistent link: https://www.econbiz.de/10010847590
The editing-and-imputation problem concerns the question of finding errors in a record which does not satisfy a set of consistency rules. Once some potential errors have been localizated, it is also necessary to impute new values to the associated fields. The output dataset should consist of...
Persistent link: https://www.econbiz.de/10010999636
Motivated by a problem faced by a large manufacturer of a consumer product, we explore the interaction between production planning and capacity acquisition decisions in environments with demand growth. We study a firm producing multiple items in a multiperiod environment where demand for items...
Persistent link: https://www.econbiz.de/10009208838
Heuristische Verfahren dienen zur näherungsweisen Lösung von komplexen Entscheidungs- und Optimierungsproblemen bzw. zugehörigen Optimierungsmodellen. Eröffnungsverfahren konstruieren eine (erste) zulässige Lösung, während Verbesserungsverfahren durch sukzessive Lösungstransformation zu...
Persistent link: https://www.econbiz.de/10005786033
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10005504575
individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …
Persistent link: https://www.econbiz.de/10005530984
Persistent link: https://www.econbiz.de/10005537655
The concept of heuristic decision making is adapted to dynamic influence processes in social networks. We report results of a set of simulations, in which we systematically varied: a) the agents\' strategies for contacting fellow group members and integrating collected information, and (b)...
Persistent link: https://www.econbiz.de/10005481592
Previous experimental investigations have shown that expectations are not perfectly rational due to bias. Traditional adaptive models, however, in many cases do not perfectly describe the formation of expectations either. This paper makes two contributions to the experimental literature on the...
Persistent link: https://www.econbiz.de/10005436115