Search results for "Management Science"

Special issue on the occasion of the International Workshop on Complex Networks and their Applications

2014

Network structure and optimal technological innovation

2019

The role of networks in the emergence, diffusion and evolution of technological innovations has attracted much theoretical and empirical attention. Yet, much of the work has explored the role of undirected and homogeneous networks. In real cases, many networks are directed. The flow of information, benefits or observations is directed from one node towards another node. Real networks are also heterogeneous, for example, few nodes have a high degree while many others have a low degree. In this article, we report on the results of an evolutionary agent-based model in which a group of agents, in our case firms, collectively search a complex (rugged) technological landscape and observe each oth…

On coincidence of feedback and global Stackelberg equilibria in a class of differential games

2021

This paper shows for a class of differential games that the global Stackelberg equilibrium (GSE) coincides with the feedback Stackelberg equilibrium (FSE), although the GSE assumes that the leader/regulator an- nounces at the initial time the regulatory instrument rule she will follow for the rest of the game, while in the FSE, the regulator at any time chooses the optimal level of the regulatory instrument rate. This coincidence is based on the fact that the FSE is calculated using dynamic programming what implies that although the regulator chooses the regulatory instrument rate level that maximizes social welfare, the first-order condition for the maximization of the right-hand side of t…

Bayesian inference in Markovian queues

1994

This paper is concerned with the Bayesian analysis of general queues with Poisson input and exponential service times. Joint posterior distribution of the arrival rate and the individual service rate is obtained from a sample consisting inn observations of the interarrival process andm complete service times. Posterior distribution of traffic intensity inM/M/c is also obtained and the statistical analysis of the ergodic condition from a decision point of view is discussed.

A THEORETICAL AND PRACTICAL COMPREHENSIVE FRAMEWORK FOR ARTIFICIAL INTELLIGENCE ANDSOCIO-PSYCHOLOGICAL CHALLENGES

2020

The present paper aims to highlight the major up to date findings and research trends on the topic of artificial intelligence (AI) from a theoretical perspective, analysed in association with the human-machine interaction challenges. The existing research and scholarly literature display quite heterogenous approaches on these topics, and only a few of them tackle the social sciences view on the matter. In conclusion, there is a need for a more specific approach from the socio-psychological perspective, especially in topics concerning human centricity, human training at work, personality variables and other indicators when using AI devices.

Overview of the three multicriteria approaches applied to a global assessment of analytical methods

2020

Abstract Critical and global evaluation of analytical methods should be one of the primary goals in analytical chemistry. A holistic approach, however, requires a look at the varied features: commonly discussed validation criteria, often underrated practical and economic aspects, and typically overlooked compliance with the principles of green analytical chemistry. Carrying out such an assessment in a critical and transparent way is extremely difficult without special tools. The purpose of this work is to discuss and compare the three different approaches that seem to be potential candidates: multi-criteria decision analysis methods (MCDA), HEXAGON, and RGB model. The basic principles of ea…

Assessing Sustainability: Research Directions and Relevant Issues

2016

The growing research debate concerning sustainability and its applications in interdisciplinary domain represents a conjunction point where basic and applied science (scientific computation and applications in all areas of sciences, engineering, technology, industry, economics, life sciences and social sciences), but also qualified practitioners, compare and discuss advances in order to substance what we consider a the future perspective: “applied sustainability”. A relevant issue in order to compare and benchmark different position is the “sustainability performance assessment”. It means to discuss in a general view critical aspects and general issues in order to propose research direction…

A Study Regarding the Use of Expert Systems in Economics Field

2013

Abstract Expert systems simulate the formal reasoning of human expert in a narrow field like stock trading. The traditional method is using IF-THEN rules. Nowadays, Belief Rule Base (BRB) expert systems are capable to perform reasoning based both qualitative and quantitative information. The paper presents a SWOT analysis of expert systems, emphasizing the opportunities the use of expert systems offers to economics field. Using expert systems in economics field provides strategic benefits like: competitive financial advantages, investment advisory, better organisation of workflow, back-up for key experts, training tool for new employees, diagnosis of critical aspects, prognosis of economic …

Unweighted TOPSIS: a new multi-criteria tool for sustainability analysis

2020

In this work, we show the usefulness of a new Multi-Criteria Decision Analysis (MCDA) method, called Unweighted TOPSIS (uwTOPSIS), in helping decision making, aiming at achieving the objectives of ...

Researching (Algebraic) Problem Solving from the Perspective of Local Theoretical Models

2010

Concepts such as Local Theoretical Model, Mathematical Sign System, logico-semiotic outline, analytical reading, and formal competence model, elaborated within long term research programs developed in Mexico and Spain, are presented. Empirical data from a study carried out in Spain with students of a teacher training school are analyzed using this theoretical framework. The cases analyzed show to which extent the logico-semiotic outline determines the arithmetic or algebraic nature of the entire problem solving process, even in the case of pupils which had been instructed in general problem solving heuristics, management and control, including the explicit training in changing the plan of s…