player takes almost the whole surplus, provided uncertainty is small.If commitments concern only who makes the first offer …

Sensitivity analysis may serve validation, optimization, and risk analysis of simulation models.This review surveys … classic and modern designs for experiments with simulation models.Classic designs were developed for real, non … input/output (I/O) data are analyzed through polynomial metamodels, which are a type of linear regression models …

models of choice under uncertainty. …We present a definition of increasing uncertainty, independent of any notion of subjective probabilities, or of any … particular model of preferences.Our notion of an elementary increase in the uncertainty of any act corresponds to the addition of …

This paper considers the problem of investment timing under uncertainty in a duopoly framework.When both firms want to … real option models make unsatisfactory assumptions to solve the coordination problem mentioned above.Moreover, our approach …

The paper deals with division situations where individual claims can vary within closed intervals.Uncertainty of claims … generate several procedures leading to e .cient and reasonable rules for division problems under interval uncertainty of claims. …

investment behavior in which, contrary to the earlier models based on Poisson processes, uncertainty concerning the moment of the … information concerning the trigger value of the process for which the jump occurs.We derive the optimal investment rule maximizing … the value of the firm.It is shown that the impact of trigger value uncertainty is non-monotonic: the investment threshold …