This paper analyzes how the statistical properties of a risk affect the attitutde of individuals towards accepting another independent risk. We conduct the analysis for the class of increasing utility functions having all their derivatives with alternating sign.

We study the investment incentives of a regulated, incumbent firm in a deregulation process. The regular cannot commit to a long-term regulatory policy, and investment decisions are taken before optimal regulatory policies are imposed.

Traditional Trade models focus on aggregate and industry flows and usually ignore firm level factors. This paper presents a dynamic model of the export decision by a profit-maximizing firm.

We present a new decision-making approach that uses distance measures and induced aggregation operators. We introduce the induced ordered weighted averaging distance (IOWAD) operator, a new aggregation operator that extends the OWA operator by using distance measures and a reordering of the...

We develop a new approach for decision making in educational management based on the use of distance measures. We focus on the selection of a studies plan from the perspective of an academic institution. We try to develop this approach showing the benefits of establishing an ideal plan that we...

Purpose – This paper aims to apply the logic of bounded rationality to corporate reputation management and explores how constraints posed by bounded rationality impact on firms’ implementation of sustainable supply chain management (SSCM). Design/methodology/approach – This study draws on...

Distribution problems deal with distribution from a number of sources to a number of destinations. Each source offers amounts of goods, while each destination demands quantities of these goods. The object is to find the cheapest transporting schedule that satisfies demand without violating...

As the number of firms participating in export activities increases, information regarding the international environment in turn becomes critical in effectively managing corporate ventures. Given the level of economic volatility within certain export markets and the increasing levels of...