Quantitative analysis of football play calling suggests that NFL coaches do not choose their strategies optimally. They tend to be overly cautious. One possible explanation for this finding is that NFL coaches are averse to risk and loss. We propose a prospect theory based model of coaches'...

The prices of many staple food commodities have increased substantially over the past year. As a result, many developing countries are facing larger food import bills. The cereal import bill of the world’s poorest countries is forecast to rise by 56 percent in 2007/08, following an already...

In the period leading up to the July 2008 WTO ministerial meeting, the crisis of soaring food prices was used both to argue for a speedy resolution of the negotiations, and to argue against any further reductions in protection that might result from a new agreement. Are the arguments relating to...

This paper assesses the likely impact on the agricultural sector of the Southern African Development Community (SADC) countries of the Harbinson modalities, along with the EU and US proposals as alternative scenarios in the context of the ongoing negotiations of the WTO Agreement on Agriculture....

Purpose – The primary aim in this paper is to develop and demonstrate a theory of constraints (TOC) model in which constraint resource prevents the throughput of the organization. Design/methodology/approach – In this paper, the authors propose an integrated model by combining Laplace...

In this work, we develop a game-theoretic model for whether and how a first mover should disclose her resource allocation. Our model allows us to explore whether the first mover should disclose correct information about her resource allocation, incorrect information, or no information. Although...

This paper proposes two types of parking choice models, a static game theoretic model and a dynamic neo-additive capacity model, to capture the competition among drivers for limited desirable parking spaces. The static game assumes that drives make decisions simultaneously and with perfect...

Many models have been developed to study homeland security games between governments (defender) and terrorists (attacker, adversary, enemy), with the limiting assumption of the terrorists being rational or strategic. In this paper, we develop a novel hybrid model in which a centralized...

This research surveyed over 784 Chinese consumers in Shanghai and Nanjing in 2001 and 2002, evaluating their preferences for livestock product attributes using ordered-probit models and factor analyses. Empirical results confirm the heterogeneity of Chinese livestock retail markets and suggest...