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Bayesian nonparametric methods are useful for modeling data without having to define the complexity of the entire model a priori, but rather allowing for this complexity to be determined by the data. Two problems considered in this dissertation are the number of components in a mixture model,...
Persistent link: https://www.econbiz.de/10009475409
Dynamic models, also termed state space models, comprise an extremely rich model class for time series analysis. This dissertation focuses on building state space models for a variety of contexts and computationally efficient methods for Bayesian inference for simultaneous estimation of latent...
Persistent link: https://www.econbiz.de/10009475472
Building upon the balanced scorecard framework, this article addresses three central issues of human resource (HR) measurement: (1) Do HR practices impact business results? (2) How can HR practices add value to business performance? (3) What HR measures can drive business performance? Using...
Persistent link: https://www.econbiz.de/10009476519
Current business conditions mandate greater competitive advantage from HR agendas and processes. To add greater competitive advantage, HR must contribute strategic value against criteria from customer and capital markets. HR can add strategic value either reactively or proactively. In its...
Persistent link: https://www.econbiz.de/10009476520
We consider a make-to-order production system where two major components, one nonperishable (referred to as part 1) and one perishable (part 2), are needed to fulfill a customer order. In each period, replenishment decisions for both parts need to be made jointly before demand is realized and a...
Persistent link: https://www.econbiz.de/10009476548
Microbial risk assessment (MRA) is a process that evaluates the likelihood of adverse human health effects following exposure to a medium in which pathogens are present. Several different classes of models are available to quantitatively characterize risks to human health from exposure to...
Persistent link: https://www.econbiz.de/10009476553
For many products such as cars, electronic appliances and furniture, the price that a customer pays is negotiated from the posted price. In such transactions, negotiation plays an important role in determining whether a customer purchases, and if so, at what price. A retailer may adopt...
Persistent link: https://www.econbiz.de/10009476556
Multiattribute auctions support automated negotiation insettings where buyers and sellers have valuations for alternateconfigurations of a good, as defined by configurationattributes. Bidders express offers to buy or sell alternateconfigurations by specifying configuration-dependent reserve...
Persistent link: https://www.econbiz.de/10009476559
The first essay considers a service center with two stations in accordance with independent Poisson processes. Service times at either station follow the same general distribution, are independent of each other and are independent of the arrival process. The system is charged station-dependent...
Persistent link: https://www.econbiz.de/10009476575
Strategic reasoning is part of our everyday lives: we negotiate prices, bid in auctions, write contracts, and play games. We choose actions in these scenarios based on our preferences, and our beliefs about preferences of the other participants. Game theory provides a rich mathematical framework...
Persistent link: https://www.econbiz.de/10009476577