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Examines the effects of the crisis on employment conditions, job loss, labour relations, and the preferred socially responsible responses. Includes the questionnaires, addressed to management and unions, on changed working conditions, flexible work practice, role of collective agreements, and...
Persistent link: https://www.econbiz.de/10010966437
develop the right framework with a risk dimension and governance for a specific FTC application: a framework that will assist …
Persistent link: https://www.econbiz.de/10011074650
On 16 January 2013, all Boeing 787 Dreamliners were indefinitely grounded due to lithium-ion battery failures that had occurred in two planes. Subsequent investigations into the battery failures released through the National Transportation Safety Board (NTSB) factual report, the March 15th...
Persistent link: https://www.econbiz.de/10011030778
Aviation is an extremely safe transport mode, yet the accident rate for commercial jet aircraft operations has not … changed since the early 1970s. In spite of this, changes within the Australian aviation safety system are allowing safety … margins to be reduced in areas such as aviation rescue and firefighting (ARFF). In the name of economic rationalisation, the …
Persistent link: https://www.econbiz.de/10010681984
Persistent link: https://www.econbiz.de/10005133066
Flexibility often represents the key area of value added by investing into an information system (IS) but also carries significant costs. Therefore, its quantitative financial valuation is of vital importance to make economically informed decisions about flexibility. This is challenging due to...
Persistent link: https://www.econbiz.de/10011241561
This paper provides a general framework for a unifying treatment of stochastic dominance of any degree and of any type (direct or inverse for each final or intermediary level). It gives the conditions for the congruence between stochastic dominance and classes of utility functions in this...
Persistent link: https://www.econbiz.de/10010821246
attention. They nonetheless constituted an opportunity to introduce a sophisticated analysis of individual decision under risk …. Through various examples, Smith pointed out a risk-seeking attitude, figured out in the paper in terms of inverse stochastic … overestimate the chance of gain, which leads to favor a rank-dependent utility approach within which optimism toward risk can …
Persistent link: https://www.econbiz.de/10010899316
this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting …
Persistent link: https://www.econbiz.de/10010899454
rational” and make decision optimally. In contrast, psychology has observed how they fail to be rational from an economic …
Persistent link: https://www.econbiz.de/10010850208