We study a differential Riccati equation (DRE) with indefinite matrix coefficients, which arises in a wide class of practical problems. We show that the DRE solves an associated control problem, which is key to provide existence and uniqueness of a solution. As an application, we solve two...

People sometimes exhibit a costly preference for humans relative to algorithms, which is often defined as a domain-general algorithm aversion. I propose it is instead driven by biased evaluations of self and other humans, which occurs more narrowly in domains where identity is threatened and...

This paper proposes a branch-and-bound algorithm (B&B) for the proactive scheduling problem, which incorporates a degree of anticipation for variability in practical projects. First, the resource-constrained proactive scheduling model is formulated. Second, solving its resource-unconstrained...

The Steiner tree problem aims to determine a minimum edge-weighted tree spanning a given set of terminal vertices from a given graph. As a popular model for numerous practical applications, the problem has been the object of two important competitions (the 11th DIMACS Challenge in 2014 and the...

The current schedule management practices by the Korean Engineer, Procure, Construct companies are unsustainable. These companies are, on average, experiencing margin losses as high as -7.2%, mainly attributed to expensive construction acceleration or significant delay liquidated damages (DLDs)...

While Artificial Intelligence (AI) has been in existence since the Seminal work of Newell and Simon (1956), it still represents one of the significant breakthroughs that offer the opportunity for digital transformation and automation across a wide variety of industries. As defined by Colosimo et...

Algorithmic management has a clear potential to reduce time spent at work by increasing efficiency in task allocation and performance, and by replacing some forms of human labour. As a result it should, in theory, advance the implementation of working time reduction policies. Automation of...