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We compare three procedures for eliciting individual risk attitudes: Holt and Laury (2002), Eckel and Grossman (2002) and the general willingness-to-take-risks question of the German socio-economic panel. Using a within-subject design, we carry out a classroom experiment with students who are...
Profound insights are generated today from exploiting big data. However, organisations are still not recognising how mature their big data management capabilities are, and what improvements are needed. There is still no structured approach to assess the maturity of big data management...
Selection of a casting process is a kind of multi-criteria decision-making process, in which several factors like cost, material utilisation and flexibility, geometrical complexity and flexibility and dimensional accuracy and surface finish. As cost is considered one of the prime criteria in...
Productivity is an essential element for competitiveness, helping companies to be better prepared for the future, given all of today's challenges. Such productivity needs to be clearly confirmed by operational results. This paper covers assets maintenance effectiveness, one of the productivity...
Xiaozhan Xu introduced in the year 2001 the multi-attribute methods SIR.TOPSIS and SIR-SAW. The SIR.TOPSIS method has two different variants, which we refer to here as SR.TOPSIS and IR.TOPSIS. Noteworthy, each variant gives attention only to one type of indexes rather than both types, which may...
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