When should a manager invest in new technology? This paperprovides guidelines for deciding when to invest inmicrocomputers. The authors argue that the technology andmarketplace of micros today fits the conditions of thedeclining cost paradox observed by Eden and Ronen (1988).Under these...

Focused Management Technology (FMT) is a managerial approach to solving an organization's problems, designed to improve processes and increase profits. It is based on the integration of the well-established Just In Time (JIT), Total Quality Management (TQM), Theory of Constraints (TOC), Global...

This paper examines the effect of introducing positive loading factors into insurance premia, in insurance markets consisting of groups of individuals in different risk categories. It is shown that that such loading factors may have far-reaching effects on insurance market equilibria.