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Explicit approaches to risk analysis within the water utility sector, traditionallyapplied to occupational health and safety and public health protection, are now seeingbroader application in contexts including corporate level decision making, assetmanagement, watershed protection and network...
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The "decide-announce-defend" approach to decision-making offers few meaningful opportunities for engagement in decision processes and communities and individuals frequently feel isolated from decisions. Correspondingly, many practitioners believe science is misunderstood by communities and that...
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The role of experience has been shown to be critical for risk management. Yet, few studies have conceptualised and explained the organisational processes that determine how experience informs risk management. We present a case study examining how experience informs the risk-based decisions of...
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In today's increasingly interconnected world, co-opetition has emerged as a new business practice among the technology firms. The boundaries between cooperation and competition have been becoming vague, where rivals engage in collaborative activities. One of the most critical challenges facing...
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1. Problem definition: This paper studies how teams make operational decisions in two canonical settings: standalone Newsvendor inventory decisions (tactical decision-making) and Newsvendor under information sharing (strategic decision-making). 2. Academic / Practical Relevance: Team...
Persistent link: https://www.econbiz.de/10013235244
We experimentally study individuals' dynamic resource allocation decisions under a budget constraint, using product development as the decision context. During the development process, a series of design opportunities will emerge to improve the product with extra engineering costs. These...
Persistent link: https://www.econbiz.de/10013235461