Purpose – The purpose of this paper is to deal with the appropriateness of using the Monte Carlo simulation as a technique to calculate risk in real estate development. Design/methodology/approach – The paper is divided into two interlinked segments. The first segment examines the general...

Purpose The purpose of this paper is to describe the way real estate data collection and dissemination can be improved. Design/methodology/approach The paper investigates that how information entropy fits into real estate research and data using Kelly betting as a framework. Findings...

Purpose – The purpose of this paper is to clarify a number of important facts about info‐gap decision theory. Design/methodology/approach – Theorems are put forward to rebut claims made about info‐gap decision theory in papers published in this journal and elsewhere. Findings –...

Purpose – The US Government adopted the base realignment and closure (BRAC) to resolve the military, economic and political issue of excess base capacity. There have been five rounds of BRAC since 1988, and more are expected to come in the years ahead. The complexity of the closure and...

Purpose – The purpose of this paper is to present the argument that in principle any company can become a good company by adopting certain characteristics which define the good in enterprise affairs and affirm and reinforce everyone with a stake in the company – managers, workers, suppliers,...

Purpose – The purpose of this paper is to examine the dominant consumer decision theory models and understand why that theory has received little empirical validation. A “decision waves” theory is proposed – an alternative, multi‐phase approach to decision making using image theory. An...

Purpose – Qualitative research in the field of market research is ever‐growing and has the capability of changing from sunrise to sunset. This paper aims to add a Native American perspective, one that peers from inside the reservation community outwards, into the non‐native qualitative...

Purpose – The purpose of this paper is to report the use of decision system analysis (DSA) mapping the streams of communications (i.e. interactions), thoughts, actions and decisions involved for advertising agencies as executives in these firms gain client approval, and design creative,...

Purpose – This study aims to aid theory building, the use of decision theory (DT) concepts in sustainable supply chain management (SSCM) research is examined. Design/methodology/approach – An abductive approach considers two DT concepts, Snowden’s Cynefin framework for sense-making and...

Purpose – The purpose of this paper is to present the views of Robbie Steinhouse, a CEO of a property and insurance business, on strategic decision making. Design/methodology/approach – The paper comments on the best ways to make strategic decisions in business in times of difficulty. It...