Overconfidence is a well-established behavioral phenomenon that involves an overestimation of own capabilities. We introduce a model, in which managers and agents exert effort in a joint production, after the manager decides on the allocation of the tasks. A rational manager tends to delegate the critical task to the agent more often than given by the efficient task allocation. In contrast, an ...

This paper provides new evidence supporting the rationality of closed-end fund discounts by analyzing the time-series dynamics of individual fund discounts and their relation to portfolio performance and manager turnover. We show that discount changes reflect rational investor learning about fund manager skills, as well as investor anticipation of manager replacement events. Specifically, prior...

1. Manager enters their assessment of employee’s performance in the form. o Section I rates each performance standard and adds comments as appropriate. o Section II (Optional) – rates and enters comments for each performance goal. o Section III – rates the employee’s overall performance. Enter comments/assessment of their overall performance. 2. Manager sends the performance appraisal with thei...

When dealing with large quantities of clauses, the use of persistent knowledge is inevitable, and indexing methods are essential to answer queries efficiently. We introduce PerKMan, a storage manager that uses G-trees and aims at efficient manipulation of large amount of persistent knowledge. PerKMan may be connected to Prolog systems that offer an external C language interface. As well as the ...

This article proposes an overview of the Adele system and also discusses other approaches and other systems. While most of our work on Configuration Management is covered, we have deliberately chosen to discuss in greater depth the Work Space aspect and the relationship between the Repository Space and the WSs. A Software Configuration Management (SCM) system results from harmonious collaborati...

EPRI ORDERING INFORMATION The North American power grid faces many challenges that it was not designed and engineered to handle. Congestion and atypical power flows threaten to overwhelm the system, while demand increases for higher reliability and—since September 11, 2001—better protection. The potential ramifications of grid failures have never been greater, as transport, communications, fina...

In this paper, we describe Distributed Lock Manager to provide reader with thorough insight into the functionality and evolution of distributed lock manager. Apart from the fact that at present, different solutions for implementation of DLM are available in the market, the insight presented applies to all, in general. We also describe Chubby lock service which is intended to provide coarse-grai...

The operating room (OR) department of a hospital forms the heart of the organization, where the single largest cost is incurred. This document presents and reports on the “Operating Room Manager Game”, developed to give insight into managing a large hospital’s OR department at various levels of control, and the difficulties of applying OR/MS techniques in healthcare. The players take on the rol...

Figure 1: An augmentation tool to the human project manager is delivered via a user interface and is powered by machine learning. Once a project manager logs in to the system they get predictions 4 weeks out about different projects for which they are responsible. After selecting the project “UI Project”, the user can see “alerts” based on the predictions generated by a deployed machine learnin...