It is often necessary to selectively attend to important information, at the expense of less important information, especially if you know you cannot remember large amounts of information. The present study examined how younger and older adults select valuable information to study, when given unrestricted choices about how to allocate study time. Participants were shown a display of point value...

Manufacturing organizations shall recognize sustainability as a business occasion to capitalize on, rather than an undesirable pressing situation. Still, empirical evidence shows that such an opportunity is hard to capture and communicate in global strategic decisions, through planning by tactical management, to daily operational activities. This paper systematically reviews the modelling chall...

The cost of reproducing a digital good is upper bounded by some low cost, providing the seller with an unlimited supply of items for sale. In such cases, or even in cases that the supply is limited but at least as many as the number of bidders, the agents have no motivation to compete with each other. This lack of competition decreases the total revenue of the seller, making traditional auction...

Enterprise architecting is a complex process that includes incorporating knowledge, processes, systems, technologies, and people. In order to ensure the appropriate value integration in this complex process, key fundamentals for value integration need to be explored and studied in this context. Previous research has shown that architecture management and business strategy are still largely disi...

Universities are confronted with new demands for change. In short, this transition can be described as a transition from a European state-financed Humboltian tradition emphasising free research and self-government to a postmodern tradition introducing strategic management, marketisation, performance measurement and privatisation to both research and teaching. In this transition university emplo...

Managers responsible for capital investment decision making need valuation models that can navigate both corporate finance and competitive strategy to generate well-grounded prices. Real options provide the firm with flexibility to adapt to changes in its environment. The dynamic nature of real options in the new economy makes them more difficult to price than stock options. Since real options ...

This paper studies the e¤ect of endogenous entry in ...rst-price private value auctions. Subjects decide, simultaneously, whether to participate in an auction, or to claim an outside option payo¤ for not participating. At this stage all subjects know the distribution of possible values, the number of potential entrants, and the amount of the ...xed outside option payment. After entry, each part...

Inspired by real-time ad exchanges for online display advertising, we consider the problem of inferring a buyer’s value distribution for a good when the buyer is repeatedly interacting with a seller through a posted-price mechanism. We model the buyer as a strategic agent, whose goal is to maximize her long-term surplus, and we are interested in mechanisms that maximize the seller’s long-term r...

With the addition of IBM System ze application assist processors (zAAPs) and integrated information processors (zIIPs) to the portfolio of special-purpose IBM System z processors, the reinvention of the IBM mainframe continues. Jointly, zAAPs and zIIPs provide significant IBM System z9e integrated and cost-effective processing cycles for today’s strategic Javae and DB2t for z/OSt programming pl...

This paper formalizes the notion of flexibility in sequential decision making and investigates conditions under which the use of flexibility as an additional criterion may be justified. The correlations between flexibility and value, and flexibility and risk, are studied under various assumptions of uncertainty and information. A number of approaches to constructing a multiple objective decisio...