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The recently implemented court decision to break up Bell (=American Telephone & Telegraph Co.) to accord with U.S. anti-trust laws represents a highly significant policy decision which is proving to be influential in other countries as well as the U.S. The telecommunication industry is of such...
Persistent link: https://www.econbiz.de/10009191741
Using what he calls a "Basic Chance Constrained Programming Model," BCCM, R. A. Blau proceeds in Blau [Blau, R. A. 1974. Stochastic programming and decision analysis: an apparent dilemma. Management Sci. 21 (3, November) 271-276.] to derive some results which he believes lead to a dilemma in...
Persistent link: https://www.econbiz.de/10009191881
A new conceptual and analytical vehicle for problems of temporal planning under uncertainty, involving determination of optimal (sequential) stochastic decision rules is defined and illustrated by means of a typical industrial example. The paper presents a method of attack which splits the...
Persistent link: https://www.econbiz.de/10009196884
In this paper a dynamic, adaptive model, called DEMON,<sup>4</sup> is interpreted in terms of a network. The latter is here employed to reduce the problem of selecting optimal decision procedures so that these can be interpreted in terms of a conditional sequential designation of links from such a network....
Persistent link: https://www.econbiz.de/10009197033
This paper indicates how an information theoretic approach via the MDI (minimum discrimination information) statistic can be used to help provide a uniform approach to both statistical testing and estimation in various kinds of marketing analyses. Extensions to versions of the MDI statistic also...
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