Traditionally insurance agents are incentivised by payment of a commission on the premium they generate. A bonus payment received by the agent from the insurer, when the insured does not make a claim, is referred to as ‘No claim bonus' (NCB). NCB rewards the agent for her / his effort in...

Rawls (1958) suggested that it is possible to arrive at a fair allocation in a 2-player Nash demand game by granting equal gains to both players. Rawls theorized that players themselves would select this allocation if they bargain from the 'original position'. Harsanyi (1958) suggested the...

Crowdsourcing platforms provide a venue where firms looking for solutions (seekers) and individuals who can provide solutions (solvers) interact with each other. As crowdsourcing contest platforms have grown in popularity with numerous tasks being posted on a daily basis, a concern that has...

Other-pleasing choice refers to a situation where the decision-maker makes a choice to please another individual. There is no discrete choice model of such decision-making under incomplete information of the other's preference and expectation. A choice model has been developed in this paper...

Prior work on software release policy implicitly assumes that testing stops at the time of software release. In this research, we propose an alternative release policy for custom-built enterprise-level software projects, which allows testing to continue for an additional period after the...

Many software products are available free of charge. While the benefits resulting from network externality have been examined in the related literature, the effect of free offer on the diffusion of new software has not been formally analyzed. We show in this study that even if other benefits do...

In Web-based environments, a site has the ability to recommend multiple items to a customer in each interaction. Traditionally, rules used to make recommendations either have single items in their consequents or have conjunctions of items in their consequents. Such rules may be of limited use...

Business analytics has evolved from being a novelty used by a select few to an accepted facet of conducting business. Recommender systems form a critical component of the business analytics toolkit and, by enabling firms to effectively target customers with products and services, are helping...