Changes are inevitable in construction projects. They could lead to disruptive impacts on the quality, schedule and budget of projects. Identifying changes and anticipating their consequences can help project teams mitigate these negative impacts. As a result, a change process model has been defined to improve this procedure. At first the present paper the defines some of the key terms in this ...

This paper considers an economic production quantity (EPQ) model with imperfect production processes, in which the setup cost and process quality are functions of capital expenditure. The mathematical model is derived to investigate the effects of an imperfect production process on the optimal production cycle time when capital investment strategies in setup reduction and process quality improv...

We experimentally test whether impartial deliberation leads to stronger concern for fairness in bargaining. In the experiment a seller can invest some of his/her time in order to generate potential gains from trade with a buyer. Conditional on investment the seller proposes how to split the gain. The buyer either accepts or rejects the seller's offer. To vary the degree of impartiality, subject...

We develop a dynamic pricing model of experience good between one seller and one buyer. The buyer can learn about how the product fits him by consumption. We characterize a class of equilibria in which the seller o↵ers low price to induce learning in the earlier period, followed by high price to extract the consequence of learning in the later period. Moreover, we show that shorter contract dur...

embedding health technology assessment (hta) in a fair process has great potential to capture societal values relevant to public reimbursement decisions on health technologies. however, the development of such processes for priority setting has largely been theoretical. in this paper, we provide further practical lead ways on how these processes can be implemented. we first present the misconce...