Abstract Patience and risk-taking—two preference components that steer intertemporal decision-making—are fundamental to human capital investment decisions. To understand how they contribute international skill differences, we combine Programme for International Student Assessment tests with the Global Preference Survey. We find opposing effects of patience (positive) risk-taking (negative) toge...

The Effectiveness of Teaching the Strategy Religious Coping with Patience in a Group Method on Teachers’ Problem-Solving Skills

We propose a model for abandonments from a queue, due to excessive wait, assuming that waiting customers act rationally but without being able to observe the queue length. Customers are allowed to be heterogeneous in their preferences and consequent behavior. Our goal is to characterize customers’ patience via more basic primitives, specifically waiting costs and service benefits: these two are...

We consider two player, zero-sum, finite-state concurrent reachability games, played for an infinite number of rounds, where in every round, each player simultaneously and independently of the other players chooses an action, whereafter the successor state is determined by a probability distribution given by the current state and the chosen actions. Player 1 wins iff a designated goal state is ...

In personalized queues, information at the level of individuals – customers or servers – is affecting system dynamics. Such information is becoming increasingly accessible, directly or statistically, as exemplified by personalized medicine (customers) or call-center workforce management (servers). In the present work, we take advantage of personalized information about customers, specifically k...