This controversial book explores the potential for the use of lotteries in social, and particularly legal, decision-making contexts. Utilizing a variety of disciplines and materials, the author considers in detail the history, advantages, and drawbacks of deciding issues of social significance by lot and argues that the value of the lottery as a legal decision-making device has generally been underestimated. The final chapter of the book considers how lotteries might be combined with other decision-mechanisms and suggests that it may sometimes be sensible to require that adjudication takes place in the shadow of the lottery.

This book offers a comprehensive treatment of the exercises and case studies as well as summaries of the chapters of the book "Linear Optimization and Extensions" by Manfred Padberg. It covers the areas of linear programming and the optimization of linear functions over polyhedra in finite dimensional Euclidean vector spaces.Here are the main topics treated in the book: Simplex algorithms and their derivatives including the duality theory of linear programming. Polyhedral theory, pointwise and linear descriptions of polyhedra, double description algorithms, Gaussian elimination with and without division, the complexity of simplex steps. Projective algorithms, the geometry of projective algorithms, Newtonian barrier methods. Ellipsoids algorithms in perfect and in finite precision arithmetic, the equivalence of linear optimization and polyhedral separation. The foundations of mixed-integer programming and combinatorial optimization.

Launching a child from home is second only to child-birth in its impact on a family. Parents can end up reeling with the empty-nest blues, while teens find their powers of self-reliance stretched to the breaking point. During the time of upheaval that begins senior year of high school with the nerve-wracking college application process and continues into the first year of life away from home, The Launching Years is a trusted resource for keeping every member of the family sane. From weathering the emotional onslaught of impending separation to effectively parenting from afar, from avoiding the slump of “senioritis” to handling the newfound independence and the experimentation with alcohol and sexuality that college often involves, The Launching Years provides both parents and teens with well-written, down-to-earth advice for staying on an even keel throughout this exciting, discomforting, and challenging time.

A company's reputation is one of its most valuable assets, and reputational risk is high on the agenda at board level and amongst regulators. Rethinking Reputational Risk explains the hidden factors which can both cause crises and tip an otherwise survivable crisis into a reputational disaster. Reputations are lost when the perception of an organization is damaged by its behaviour not meeting stakeholder expectations. Rethinking Reputational Risk lays bare the actions, inactions and local 'states of normality' that can lead to perception-changing consequences and gives readers the insight to recognize and respond to the risks to their reputations. Using case studies, such as BP's Deepwater Horizon oil spill, Volkswagen's emissions rigging scandal, Tesco, AIG, EADS Airbus A380, and Mid-Staffordshire NHS Hospital Trust, and analysis of their failures, this hard-hitting guide also applies lessons drawn from behavioural economics to the behavioural risks that underlie reputation risk. An essential read for risk professionals, business leaders and board members who need to understand and deal with business-critical threats to their reputation, this book presents a new framework that will be invaluable for all involved in safeguarding an organization's reputation.

The monograph gives a theoretical explanation of observed cooperative behavior in common pool situations. The incentives for cooperative decision making are investigated by means of a cooperative game theoretical framework. In a first step core existence results are worked out. Whereas general core existence results provide us with an answer for mutual cooperation, nothing can be said how strong these incentives and how stable these cooperative agreements are. To clarify these questions the convexity property for common pool TU-games in scrutinized in a second step. It is proved that the convexity property holds for a large subclass of symmetrical as well as asymmetrical cooperative common pool games. Core existence and the convexity results provide us with a theoretical explanation to bridge the gap between the observation in field studies for cooperation and the noncooperative prediction that the common pool resource will be overused and perhaps endangered.

This volume contains a selection of manuscripts referring to lectures presented at the Symposium on Operations Research 1999 (SOR'99) held at the Otto-von-Guericke University Magdeburg, Sep- tember 1 -3, 1999. This international conference took place under the auspices of the German OR society (GOR), and it was the first one organized in Germany since the foundation of GOR by merger of the two predecessor societies (DGOR and GMOOR) in 1998. The Symposium had 420 participants from 22 countries around the world. It attracted academicians and practitioners working in various fields of Operations Research and provided them with the most recent developments and advances in the full spectrum of Operations Research and related areas in economics, mathematics, and computer science. The selection of contributions to SOR'99 accepted by the program committee and the invited pa- pers formed a program which consisted of 265 lectures in 19 sections, including 2 plenary and 19 semi plenary presentations. 119 manuscripts were submitted for publication in the proceedings vo- lume. Due to the page limit for this volume and in order to insure a high quality level of the OR Proceedings a further review procedure had to take place which was strongly supported by the sec- tion chairpersons. It resulted in a selection of 87 manuscripts which are now presented in this volume.

This comprehensive, yet accessible, guide to enterprise risk management for financial institutions contains all the tools needed to build and maintain an ERM framework. It discusses the internal and external contexts with which risk management must be carried out, and it covers a range of qualitative and quantitative techniques that can be used to identify, model and measure risks. This new edition has been thoroughly updated to reflect new legislation and the creation of the Financial Conduct Authority and the Prudential Regulation Authority. It includes new content on Bayesian networks, expanded coverage of Basel III, a revised treatment of operational risk and a fully revised index. Over 100 diagrams are used to illustrate the range of approaches available, and risk management issues are highlighted with numerous case studies. This book also forms part of the core reading for the UK actuarial profession's specialist technical examination in enterprise risk management, ST9.

Community colleges are under intense pressure to change in response to shifts in an increasingly complex environment. Stakeholders are placing simultaneously contradictory demands on colleges for more and better service, increased accountability, and more efficient use of resources in order to get the most from colleges in tough economic times. These demands have contributed to cultural fragmentation in community colleges as staff are pulled in competing directions by events beyond their control. The upshot is a circumstance in which leaders are finding that culture is perhaps the most powerful element affecting organizational performance and change. The old saw "culture eats strategy for breakfast' epitomizes the importance of culture as a means for enhancing the long-term viability of an organization. This book provides fresh analysis of organizational culture in the community college context with a critical examination of the relationship between organizational culture and change. Readers will benefit from frank advice with insights to drive change by transforming and leveraging culture to shape the future of community colleges.

Variational inequalities proved to be a very useful tool for investigation and solution of various equilibrium type problems arising in Economics, Operations Research, Mathematical Physics, and Transportation. This book is devoted to a new general approach to constructing solution methods for variational inequalities, which was called the combined relaxation approach. This approach is rather flexible and allows one to construct various methods both for single-valued and for multi-valued variational inequalities, including nonlinear constrained problems. The other essential feature of the combined relaxation methods is that they are convergent under very mild assumptions. The book can be viewed as an attempt to discribe the existing combined relaxation methods as a whole.

This volume is a collection of papers presented at the Workshop on fll-Posed Variational Problems and Regularization Techniques held at the University of Trier (Germany) in September 1998. From September 3 through September 5, 1998, about 50 scientists met at Trier to discuss recent developments in the field of ill-posed variational prob lems and variational inequalities. 17 lectures were delivered, covering a large range of theoretical, numerical and practical aspects. The topics, as well as the invited speakers, were selected by the organizers. The main topics dis cussed were o Regularization methods for equilibrium problems o Variational inequalities and complementarity problems and their reg ularization o Regularization of fixed point problems o Links between approximation, penalization and regularization o Bundle methods, nonsmooth optimization and regularization o Error bounds for regularized optimization problems The organizers are gratful to all participants for their contribution to the success of this workshop. We also wish to express our cordial thanks for the financial support granted by the Deutsche Forschungsgemeinschajt, Bonn and the University of Trier. We are indebted to the referees for their helpful comments and suggestions and to our colleagues of the University Trier for their assistance in preparing this volume. M. Thera, U niversite de Limoges (France) R. Tichatschke, University of Trier (Germany) Contents Antipin A., Vasil'ev F. Regularization Method for Equilibrium Programming Problem with Inaccurate Initial Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Attouch H., Champion T. LP-Regularization of the Non-Parametric Minimal Surface Problem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Auslender A., Teboulle M., Ben-Tiba S."

This book is unique in identifying and presenting tools to environmental decision-makers to help them improve the quality and clarity of their work. These tools range from software to policy approaches, and from environmental databases to focus groups. Equally of value to environmental managers, and students in environmental risk, policy, economics and law.

The Consequences of Governance Fragmentation explains the ongoing legacy of Milwaukee's longstanding school voucher policy. The book details the evolution of school choice in Milwaukee, its impacts on student achievement, key externalities such as school closures and political conflict, and the ways in which the Milwaukee voucher program challenges traditional notions of accountability and democratic control. Michael R. Ford concludes that the voucher policy has fragmented public education to the point where true aggregate level progress of pupils is impossible and proposes an umbrella governance structure to bring funding and accountability equity to all publicly funded Milwaukee schools.

This volume presents 71 articles dealing with models and methods of data analysis and classification, statistics and stochastics, information systems and text analysis as well as manifold applications. These articles are se lected from about 160 papers presented at the 20th Annual Conference of the Gesellschaft fUr Klassifikation. This conference was organized by R. Klar, at the Abteilung fiir Medizinische Informatik of the University of Freiburg from March 6 to 8, 1996. Based on the submitted and revised papers eight sections have been arranged, where the number of papers in the sections is given in parentheses: 1. Data Analysis and Classification (10) 2. Neural Networks and Pattern Recognition (4) 3. Statistical Models and Methods (11) 4. Information Systems: Design and Implementation (7) 5. Text Analysis and Information Retrieval (10) 6. Applications in Medicine (15) 7. Applications in Economics and Social Sciences (7) 8. Applications in Archaeology, Biology, Linguistics and Dialectometry (7) This grouping doesn't separate strictly, but it shows how theoretical aspects, applications and interdisciplinarities are interrelated in many respects. For convenience of the reader the contents of this volumne is briefly summarized. 1. Data Analysis and Classification This section presents ten articles dealing with different problems of data analysis and classification, especially with several aspects of multidimen sional scaling (MDS), three-way data analysis, stochastic aspects in cluster ing and regression of ordinal data. The survey article of M. W. Trosset considers an approach to define and classify MDS problems as optimization problems."

'A compelling guide for leaders grappling with the pandemic' Financial Times 'A remarkable book telling business leaders what to do when disaster strikes' The Times AN INSPIRING STORY OF RESILIENT LEADERSHIP IN THE TOUGHEST OF TIMES Louai Al Roumani was head of finance and planning at one of the largest banks in Syria, when the war broke out in 2011. In Lessons from a Warzone, Al Roumani shares his very personal account of coping with the day-to-day realities of leading an organization in dangerous and hostile conditions. His story shows how inspiration can come from the unlikeliest of places - from the timeless wisdom of merchants in ancient souks to the changing patterns of military checkpoints. During that time, not only did the bank remain robust when others faltered - it thrived and became the undisputed leading bank as people's trust in its capability to safeguard their life-long savings strengthened. In this book, Al Roumani distils the knowledge and skills he and his colleagues developed while steering the bank through four impossible years into ten lessons applicable to any leader facing a crisis today. His valuable, and often counterintuitive, advice - ranging from resisting over-planning to hacking your own IT department to cutting costs (but not morale) - will help anyone understand how to be resilient even in the most challenging of times.

Although everyone has goals, only some people successfully attain their respective goals on a regular basis. With this in mind, the author attempts to answer the question of why some people are more successful than others. He begins with the assumption that the key to personal success is effective decision-making, and then utilizes his own theory--The Self-Regulation Model--to explain the origin and nature of individual differences in decision-making competence. The author also summarizes a number of existing models of decision-making and risk-taking.
This book has two primary goals:
* to provide a comprehensive review of the developmental literature on the decision-making skills of children, adolescents, and adults, and
* to propose a theoretical model of decision-making skill that offers a better description of this skill than prior accounts.
Taken together, the literature review and theoretical model help the reader acquire a clear sense of the development of decision-making skills as well as reasons for the developmental differences that seem to emerge.

A business continuity management system (BCMS) is a management framework that prepares the organization by developing business continuity strategies to meet its business and statutory obligations during an incident. It is about optimizing service availability and preserving business performance to secure future growth in the market. Business Continuity Management System offers a complete guide to establishing a fit-for-purpose business continuity capability in your organization. Structured in line with the principles of ISO22301 (the International Standard for business continuity management) and with current best practice, this user-friendly book covers the whole life cycle of developing, establishing, operating and evaluating a BCMS initiative. It is aimed at new and seasoned business continuity practitioners involved in business continuity activities in their organizations, whatever the size and sector. It includes proven techniques and easy-to-use methodologies that specifically support the implementation of those requirements specified in ISO 22301. Pragmatic approaches supported by in-depth explanations guide you to assess and improve your organization's BCMS performance. This is the first book to offer an end-to-end solution that addresses all aspects of implementing an effective BCMS. Business Continuity Management System is intended to act as a catalyst to accelerate progress on the journey from business continuity management and risk management to the creation and implementation of a business continuity management system, both by enhancing the BCM and risk competence of individual readers and by contributing to shared knowledge in implementing ISO 22301 in organizations.

Learning from experience, making decisions on the basis of the available information, and proceeding step by step to a desired goal are fundamental behavioural qualities of human beings. Nevertheless, it was not until the early 1940's that such a statistical theory - namely Sequential Analysis - was created, which allows us to investigate this kind of behaviour in a precise manner. A. Wald's famous sequential probability ratio test (SPRT; see example (1.8 turned out to have an enormous influence on the development of this theory. On the one hand, Wald's fundamental monograph "Sequential Analysis" ( Wa]*) is essentially centered around this test. On the other hand, important properties of the SPRT - e.g. Bayes optimality, minimax-properties, "uniform" optimality with respect to expected sample sizes - gave rise to the development of a general statistical decision theory. As a conse quence, the SPRT's played a dominating role in the further development of sequential analysis and, more generally, in theoretical statistics."

This monograph is intended for an advanced undergraduate or graduate course as well as for researchers, who want a compilation of developments in this rapidly growing field of operations research. This is a sequel to our previous works: "Multiple Objective Decision Making--Methods and Applications: A state-of-the-Art Survey" (No.164 of the Lecture Notes); "Multiple Attribute Decision Making--Methods and Applications: A State-of-the-Art Survey" (No.186 of the Lecture Notes); and "Group Decision Making under Multiple Criteria--Methods and Applications" (No.281 of the Lecture Notes). In this monograph, the literature on methods of fuzzy Multiple Attribute Decision Making (MADM) has been reviewed thoroughly and critically, and classified systematically. This study provides readers with a capsule look into the existing methods, their characteristics, and applicability to the analysis of fuzzy MADM problems. The basic concepts and algorithms from the classical MADM methods have been used in the development of the fuzzy MADM methods. We give an overview of the classical MADM in Chapter II. Chapter III presents the basic concepts and mathematical operations of fuzzy set theory with simple numerical examples in a easy-to-read and easy-to-follow manner. Fuzzy MADM methods basically consist of two phases: (1) the aggregation of the performance scores with respect to all the attributes for each alternative, and (2) the rank ordering of the alternatives according to the aggregated scores.

"Teaching through problem-solving" is a commonly used phrase for mathematics educators. This book shows how to use worthwhile and interesting mathematics tasks and problems to build a classroom culture based on students' reasoning and thinking. It develops a set of axioms about problem-solving classrooms to show teachers that mathematics is playful and engaging. It presents an aspirational vision for school mathematics, one which all teachers can bring into being in their classrooms.

In the field of financial risk management, the 'sell side' is the set of financial institutions who offer risk management products to corporations, governments, and institutional investors, who comprise the 'buy side'. The sell side is often at a significant advantage as it employs quantitative experts who provide specialized knowledge. Further, the existing body of knowledge on risk management, while extensive, is highly technical and mathematical and is directed to the sell side.This book levels the playing field by approaching risk management from the buy side instead, focusing on educating corporate and institutional users of risk management products on the essential knowledge they need to be an intelligent buyer. Rather than teach financial engineering, this volume covers the principles that the buy side should know to enable it to ask the right questions and avoid being misled by the complexity often presented by the sell side.Written in a user-friendly manner, this textbook is ideal for graduate and advanced undergraduate classes in finance and risk management, MBA students specializing in finance, and corporate and institutional investors. The text is accompanied by extensive supporting material including exhibits, end-of-chapter questions and problems, solutions, and PowerPoint slides for lecturers.

The axiomatic foundations of the Bayesian approach to decision making assurne precision in the decision maker's judgements. In practicc, dccision makers often provide only partial and/or doubtful information. We unify and expand results to deal with those cases introducing a general framework for sensitivity analysis in multi-objective decision making. We study first decision making problems under partial information. We provide axioms leading to modelling preferences by families of value functions, in problems under certainty, and moJelling beliefs by families of probability distributions and preferences by familics of utility functions, in problems under uncertainty. Both problems are treated in parallel with the same parametric model. Alternatives are ordered in a Pareto sense, the solution of the problem being the set of non dominated alternatives. Potentially optimal solutions also seem acceptable, from an intuitive point of view and due to their relation with the nondominated ones. Algorithms are provided to compute these solutions in general problems and in cases typical in practice: linear and bilinear problems. Other solution concepts are criticised on the grounds of being ad hoc. In summary, we have a more ro bust theory of decision making based on a weaker set ofaxioms, but embodying coherence, since it essentially implies carrying out a family of coherent dccision anitlyses."

Although scientists have effectively employed the concepts of probability to address the complex problem of prediction, modern science still falls short in establishing true predictions with meaningful lead times of zero-probability major disasters. The recent earthquakes in Haiti, Chile, and China are tragic reminders of the critical need for improved methods of predicting natural disasters. Drawing on their vast practical experience and theoretical studies, Dr. Yi Lin and Professor Shoucheng OuYang examine some of the problems that exist in the modern system of science to provide the understanding required to improve our ability to forecast and prepare for such events. Presenting a series of new understandings, theories, and a new system of methodology, Irregularities and Prediction of Major Disasters simplifies the world-class problem of prediction into a series of tasks that can be learned, mastered, and applied in the analysis and prediction of forthcoming changes in materials or fluids. These internationally respected authors introduce their novel method of digitization for dealing with irregular information, proven effective for predicting transitional changes in events. They also: Unveil a new methodology for forecasting zero-probability natural disasters Highlight the reasons for common forecasting failures Propose a method for resolving the mystery of nonlinearity Include numerous real-life case studies that illustrate how to properly digitize available information Supply proven methods for forecasting small-probability natural disasters This authoritative resource provides a systematic discussion of the non-evolutionality of the modern system of science-analyzing its capabilities and limitations. By touching on the n

Andrew Furness and Martin Muckett give an introduction to all areas of fire safety management, including the legal framework, causes and prevention of fire and explosions, fire protection measures, fire risk assessment, and fire investigation. Fire safety is not treated as an isolated area but linked into an effective health and safety management system.Introduction to Fire Safety Management has been developed for the NEBOSH Certificate in Fire Safety and Risk Management and is also suitable for other NVQ level 3 and 4 fire safety courses. The text is highly illustrated in full colour, easy to read and supported by checklists, report forms and record sheets. This practical approach makes the book a valuable reference for health and safety professionals, fire officers, facility managers, safety reps, managers, supervisors and HR personnel in companies, as well as fire safety engineers, architects, construction managers and emergency fire services personnel.Andrew Furness CFIOSH, GIFireE, Dip2OSH, MIIRSM, MRSH, is Managing Director of Salvus Consulting Limited who specialise in Fire Safety. He was the chairman of the NEBOSH / IOSH working party that developed the NEBOSH Fire Safety and Risk Management certificate.Martin Muckett MA, MBA, CMIOSH, MIFireE, Dip2OSH, former Principal Health and Safety Advisor to The Fire Service Inspectorate and Principal Fire Safety Officer, Martin is currently Salvus Consulting Limiteds Senior Fire Safety Trainer / Consultant.