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MANSCI
2007
88views more  MANSCI 2007»
14 years 9 months ago
Resolving Inconsistencies in Utility Measurement Under Risk: Tests of Generalizations of Expected Utility
This paper explores biases in the elicitation of utilities under risk and the contribution that generalizations of expected utility can make to the resolution of these biases. We ...
Han Bleichrodt, Jose Maria Abellan-Perpiñan...
88
Voted
MANSCI
2007
139views more  MANSCI 2007»
14 years 9 months ago
A Market-Based Optimization Algorithm for Distributed Systems
In this paper, a market-based decomposition method for decomposable linear systems is developed. The solution process iterates between a master problem that solves the market-matc...
Zhiling Guo, Gary J. Koehler, Andrew B. Whinston
MANSCI
2008
68views more  MANSCI 2008»
14 years 9 months ago
Queuing for Expert Services
We consider a monopolist expert offering a service with a `credence' characteristic. A credence service is one where the customer cannot verify, even after a purchase, whethe...
Laurens G. Debo, L. Beril Toktay, Luk N. Van Wasse...
73
Voted
MANSCI
2007
85views more  MANSCI 2007»
14 years 9 months ago
Probability Elicitation, Scoring Rules, and Competition Among Forecasters
Probability forecasters who are rewarded via a proper scoring rule may care not only about the score, but also about their performance relative to other forecasters. We model this...
Kenneth C. Lichtendahl Jr., Robert L. Winkler
107
Voted
MANSCI
2007
101views more  MANSCI 2007»
14 years 9 months ago
Strategic Technology Choice and Capacity Investment Under Demand Uncertainty
This paper studies the impact of competition on a firm’s choice of technology (product-flexible or product-dedicated) and capacity investment decisions. Specifically, we mode...
Manu Goyal, Serguei Netessine