Two alternative explanations have been proposed earlier to rationalize the participation of risk averse individuals in unfair lotteries within the framework of the von Neumann-Morgenstern expected utility hypothesis. One relies on the “thrill of gambling” while the other postulates that...

This paper provides the findings on inter-organizational mobility of management graduates (MGs) of selected institutions in India. The findings are based on 668 returns of mailed questionnaires that were sent to the alumni of six institutions, including the three national ones (Indian Institute...

Microlab is a technique evolved originally as a part of T-group technology to unfreeze the participants before their participation in a T-group. This technique has been used in several innovative training programmes to communicate the innovativeness in the designs of these programmes and also to...

Two hundred and fortynine male postgraduate students of management played the Prisoner’s Dilemma Game (Deutsch, 1960) and filled out a postgame questionnaire measuring attitude toward the “other player”. Striking differences resulted between trusting and trustworthy subjects on the one...

The objective of this paper is to highlight research methods which are relevant to the understanding of personnel decision making. These methods have been briefly discussed and illustrated by specific studies published in journals/documents. It is suggested that personnel research at the...

This paper takes the view that financial sector reform is not only a matter of jettisoning old regulations nor even merely a matter of prudential regulation accompanying structural deregulation; it is intimately bound up with institutional and technological issues. On the basis of a detailed...

In this paper we discuss the crew scheduling problem in Indian Railways and propose a methodology to minimize crew requirements. In Particular, we deal with the scheduling of passenger train crews in Vadodara Division of Western Railway. In Part-I of the paper, we describe the organization of...

Urbanization is an important demographic shift worldwide. Today, nearly half the world population is urban. In the 1991-2001 decade, Indian population grew by 2 %, urban India by 3 %, mega cities at 4 %, and slum population by 5 % (2-3-4-5 syndrome). Slum growth in future is expected to surpass...

As global business expands, the number of business disputes is also on the rise. It is extremely difficult or rather impossible to get all these disputes resolved through the conventional method of courts. Moreover, for international business disputes issues of jurisdiction, law, language,...

A four-step strategy is proposed for scheduling a set of partially ordered resource-constrained activities on a given number of identical parallel machines. For regular measures, the generated schedule is optimal. In the first step, the difficulty level of the problem instance is estimated using...