This briefing examines how public sector organisations can use performancedata more effectively to support decision-making and produce improvements inorganisational performance. In particular it looks at the challenge of convertingperformance data into insights and then acting on those...

We derive price limits as decision aids for identifying favorable and unfavorable contracts from the perspective of a selling firm in face of uncertain outcomes. The analysis is based on the concept of almost stochastic dominance to incorporate incomplete information about the decision-maker’s...