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This paper provides an efficient way to generate a set of random choices on a set of budgets which satisfy the Generalised Axiom of Revealed Preferences (GARP), that is, they are consistent with utility maximisation. The choices are drawn from an approximate uniform distribution on the...
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This paper proposes a novel approach to the estimation of Customer Lifetime Value (CLV). CLV measures give an indication of the profit-generating potential of customers, and provide a key business tool for the customer management process. Existing approaches show unsatisfactory performance in...
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These Terms of Reference set the context, objectives, scope and modalities for the second review of the 2002 Guidelines for the Security of Information Systems and Networks: Towards a Culture of Security.
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The Internet of Things represents the next step in convergence between ICTs and the economy on an unprecedented scale, with estimates indicating that 25 billion devices will be connected by 2020. Network connectivity, widespread sensor placement and sophisticated data analytics enable...
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This report discusses how increased connectivity and data-driven innovation have brought about significant economic and social opportunities while changing the scale and scope of digital security and privacy challenges. These developments highlight the need for an evolution in policies and...
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