In this paper, we discuss discrete choice theory and show how this theory can be used to quantify learning effects in experimental studies. We argue why the ordering quantities in newsvendor experiments should follow a multinomial logit distribution. We provide a robustness analysis to explain...

In pharmaceutical R&D, decision makers face a large portion of uncertainty in portfolio decisions. Existing optimization tools are mostly based on expected values, ignoring uncertainty, and most often deliver a single, "best" selection of projects. A decision tree approach can aid decision...

One of the most important challenges for decision-makers and investors is location selection, which may be assessed using multicriteria decision-making (MCDM) methodologies. Problems with picking a location include deciding between alternative locations, analyzing alternatives, and identifying...

Entrepreneurship is a crucial driver of economic growth, necessitating the development of effective entrepreneurial ecosystems. However, there are significant gaps in the literature regarding the structured assessment of these ecosystems. This study addresses three main research gaps: the lack...

Rising poverty and social and political unrest are pushing increasing numbers of people towards criminal networks that facilitate unauthorised entry, transit or stay in the EU. This new CORDIS results pack features seven EU-funded projects that contribute to the fight against migrant smuggling.

Rising poverty and social and political unrest are pushing increasing numbers of people towards criminal networks that facilitate unauthorised entry, transit or stay in the EU. This new CORDIS results pack features seven EU-funded projects that contribute to the fight against migrant smuggling.

Rising poverty and social and political unrest are pushing increasing numbers of people towards criminal networks that facilitate unauthorised entry, transit or stay in the EU. This new CORDIS results pack features seven EU-funded projects that contribute to the fight against migrant smuggling.

Purpose - The study attempts to investigate the relationship between emotional biases (loss aversion bias, overconfidence bias, and regret aversion bias) and investment decisions through a meta-analysis approach. Design/methodology/approach - A meta-correlation analysis was done using sample...