Weather and climate are important factors for travel decision-making and overall tourist satisfaction. As central motivators for destination choice, they directly and indirectly influence demand patterns and can be a resource and limitation for tourism at the same time. In this paper, results of an in-situ survey of mountain summer tourists (n = 733) in the Alps in Southern Germany are presente...

This paper summarizes the historical events from the identification of the Yucca Mountain site in southern Nevada in 1978 to its selection by the US Congress as the sole site to characterize for a repository for spent nuclear fuel and high-level radioactive waste in 1987. Coincident with this selection process and later site characterization, the US spent from 1977 to 2009 establishing long-ter...

A standard combinatorial problem calls to cstlmate the expected number of purchases of coupons needed LO complete Ute collection of all possible m different types. Generalizing this problem. by letting lhe coupons be obtained with an arbitrary probability distribution. and considering other related processes, the problem has been found to model many practical siwations. The usefulness of lhis m...

Consider the classical coupon-collector's problem in which items of m distinct types arrive in sequence. An arriving item is installed in system i > 1 if i is the smallest index such that system i does not contain an item of the arrival's type. We study the expected number of items in system j at the moment when system 1 first contains an item of each type.

O personalization services belong to a class of economic goods with a “no free disposal” (NFD) property where consumers do not always prefer more services to less because of the privacy concerns. These concerns arise from the revelation of information necessary for the provision of personalization services. We examine vendor strategies in a market where consumers have heterogeneous concerns abo...

Relax certificates are written on multiple underlying stocks. The payoff depends on a barrier condition such that it is path–dependent. So long as none of the underlying assets crosses a lower barrier, the investor receives the payoff of a coupon bond. Otherwise, there is a cash settlement at maturity which depends on the lowest stock return. Thus, the products consist of a knock-out coupon bon...

An auctioneer sells a single unit to a group of bidders using a second price auction. A subset of these bidders possess a coupon entitling them to a discount off the winning bid in the event they win the auction. Bidders without the coupon are at a disadvantage relative to the situation when nobody has any coupons. Therefore, in a loose sense, these bidders end up sponsoring the coupon, at leas...