Radio frequency identification (RFID)-enabled smart shelves have recently attracted enormous attention from both industry and academia. Retailers have an explosion of interest in deploying smart shelves for the automatic ordering and the reduction of inventory inaccuracy. This study explores the retailers’ optimal policy for investing in a smart shelf inventory control system. Since the decisio...

background: eclampsia is associated with 14 % of maternal mortality in developing countries. considering that identification of at risk mothers and improving the level of knowledge and awareness of family care experts would lead to better control of the disease and its complication, the aim of this survey was to evaluate the level of knowledge and attitude concerning this disease among pregnant...

We measure differences in attitudes towards risk and uncertainty between entrepreneurs, managers and employees in a large scale experiment. Theory predicts that entrepreneurs are a distinct breed in terms of their more positive attitude towards risk and uncertainty. Many empirical studies have tested this prediction, employing various measures of risk (i.e. experimental and survey based) and un...

We explore situations in which a decision-maker bears responsibility for somebody else's outcomes as well as for her own. For gains we confirm the intuition that being responsible for somebody else's payoffs increases risk aversion, while in the loss domain we find increased risk seeking. In a second experiment we replicate the finding of increased risk aversion for large probabilities of a gai...

Although risk and uncertainty are intrinsic to human migration, there is surprisingly little explicit research on the willingness to take risks in this context. This paper analyses whether migrants are more or less likely than non-migrants to be risk tolerant, and whether these differences are gendered. Attitudes are explored in terms of responses under conditions of both risk and uncertainty, ...

The question of when people may impose risks on each other is of fundamental moral importance. Forms of “quantified risk assessment,” especially risk cost-benefit analysis, provide one powerful approach to providing a systematic answer. It is also well known that such techniques can show that existing resources could be usedmore effectively to reduce risk overall. Thus it is often argued that s...

This paper investigates experimentally whether risk attitudes are stable across social contexts. In particular, it focuses on situations where some resource (for instance, a position, decision power, a bonus) has to be allocated between two parties: the decision maker can either opt for sharing the resource or for using a random device that allocates the entire prize to one of the two parties. ...

Article history: Received 30 June 2011 Received in revised form September, 01, 2011 Accepted 06 September 2011 Available online 17 September 2011 Demand uncertainty obliges all participants through a supply chain to make decisions under uncertainty. These decisions extend across price, investment, production, and inventory quantities. We take account of competition between two supply chains und...

We apply nonparametric panel data kernel regression to investigate production risk, output price uncertainty, and risk attitudes of Polish dairy farms based on a firm-level unbalanced panel data set that covers the period 2004–2010. We compare different model specifications and different approaches for obtaining firm-specific measures of risk attitudes. We found that Polish dairy farmers are ri...

In this paper we investigate the effect of life expectancy on risk attitude in an artificial multi-agent world, which is a variant of the sugarscape [2]. Our basic approach is evolutionary in that we encode risk attitude as a gene within the agents that undergoes variation and selection and perform simulations to see the evolved (i.e., presumed optimal) values of this gene/attitude under differ...