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Environmental managers face substantial uncertainty when deciding on management actions. To reduce this uncertainty … on the management cost, the assumed value of a good state and on the level of uncertainty regarding the ecological state …
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With this research, we contribute to the study of ambiguity by analyzing how it can be handled in a rational, objective manner across the main strategic decision-making contexts that entrepreneurs and organizations face. Differentiating from most previous managerial and entrepreneurial studies,...
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between error estimation and data-based complexity penalization: any good error estimate may be converted into a data … penalty functions, involving error estimates on independent test data, empirical VC dimension, empirical VC entropy, and …
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. Estimates of depreciable capital are derived by representing capital stock at each point of time as a weighted sum of past … components of capital stock have the same efficiency. Estimates of the stock of land are derived from balance sheet data. We … convert estimates of capital stock into estimates of capital service flows by means of capital rental prices. Comparisons of …
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A stochastic optimization model was developed to determine optimal testing strategies, costs, and risks for dual marketing of genetically modified (GM) and non-GM wheat in an export supply chain. The optimal testing strategy is derived that minimizes disutility of additional system costs due to...
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