Labour productivity in the US has recently grown more strongly than in most European countries. It is often argued that the American productivity increase is due to the widespread introduction of new information and communication technologies (ICT). But why have the same technologies not...

Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...

A simple, dynamic selection procedure is proposed, based on conditional, expected profits using Markov chain models with memory. The method is easy to apply, only frequencies and mean values have to be calculated or estimated. The method is empirically illustrated using a data set from a...

Stated choice (SC) methods are now a widely accepted data paradigm in the study of the choice responses of agents. Their popularity has spawned an industry of applications in fields as diverse as transportation, environmental science, health economics and policy, marketing, political science and...

In this study, we propose a framework for understanding the key mechanisms which lead to central or peripheral processing of information. The framework draws particularly upon three different approaches and seeks to bring them together. We specify the moderating role of customers' motivation and...

The design and mathematical modeling of the programing electric field in a neural switch is carried out. The specified function for the switch is to operate as a synaptic processor behaving in an adaptive manner and suitable to be used as a compact programable device with other artificial neural...