Previous studies have demonstrated that a multitude of options can lead to choice overload, reducing decision quality. Through controlled experiments, we examine sequential choice architectures that enable the choice set to remain large while potentially reducing the effect of choice overload. A...

Understanding and the interpretation of financial statements is an important factor for economic entities, for making the right decisions. Nowadays, more and more is noticed the general tendency of the harmonization of the Directive IV of the European Committee with International Financial...

A Choice Modeling (CM) study was chosen to assess specific management actions related to bird-watching on the Portuguese island of Terceira in the Azores. The usual willingness-to-pay measure was replaced by the willingness-to-stay (WTS) longer on the island for bird-watching, given changes in...

Supply chain employees must make decisions on when and how to react to potential and realized supply chain disruptions. Drawing on regulatory focus theory, we examine how an individual’s regulatory focus, level of risk, as well as the uncertainty of the supply chain disruption affect...

Integrated, model-based energy planning particularly in cities and territories involves different planning and modelling activities, which, from a methodological point of view, can be divided into four phases. The analysis and findings of this study focus on planning “phase I”, which is...

It is generally believed that management requires a high degree of analytical reasoning, and that great managers are usually professionals who have dedicated many years to acquire their skills and their interpretative schemes. However, when a manager is asked on how he can easily untangle the...

When designing an agent-based simulation, an important question to answer is how to model the decision making processes of the agents in the system. A large number of agent decision making models can be found in the literature, each inspired by different aims and research questions. In this...

Agent-based models are more likely to generate accurate outputs if they incorporate valid representations of human agents than if they don't. The present article outlines three research methodologies commonly used for explicating the cognitive processes and motivational orientations of human...

China has made great progress in improving maternal and child health (MCH). It reduced maternal deaths from 1,500 per 100,000 live births and over 200 infant deaths per 1,000 live births in 1949 to 120 per 100,000 live births and infant deaths to 42 per 1,000 by 1990. Currently China is on track...

Bolivia is a lower-middle income country, but one of the poorest in South America, with a per capita GNI of US$ 5,750 in 2013 and an average GNI growth rate of 4.4 percent during the last ten years. Nearly 36 percent of its population of 10.6 million (2013) are aged 0 to 14 years and one third...