In this paper, we use integer programming (IP) to compute minimal forecast horizons for the classical dynamic lot-sizing problem (DLS). As a solution approach for computing forecast horizons, integer programming has been largely ignored by the research community. It is our belief that the modelling and structural advantages of the IP approach coupled with the recent significant developments in ...

We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice, subjects prefer on average shorte...

In order to guarantee stability, known results for MPC without additional terminal costs or endpoint constraints often require rather large prediction horizons. Still, stable behavior of closed loop solutions can often be observed even for shorter horizons. Here, we make use of the recent observation that stability can be guaranteed for smaller prediction horizons via Lyapunov arguments if more...

Simulated rainfall was used to study infiltration rates and sediment production of28 plant communities and soils of five watershed areas in central and eastern Nevada. Two antecedent moisture conditions were used: soil initially air dry and initially at field capacity. InfiltratIOn rates and sediment production of the various soils are largely controlled by extent and surface morphology of dune...

In the Euclidean path integral approach, we calculate the actions and the entropies for the Reissner-Nordström-de Sitter solutions. When the temperatures of black hole and cosmological horizons are equal, the entropy is the sum of one-quarter areas of black hole and cosmological horizons; when the inner and outer black hole horizons coincide, the entropy is only one-quarter area of cosmological...

Geometrical structures intrinsic to non-expanding, weakly isolated and isolated horizons are analyzed and compared with structures which arise in other contexts within general relativity, e.g., at null infinity. In particular, we address in detail the issue of singling out the preferred normals to these horizons required in various applications. This work provides powerful tools to extract inva...

We examine how different investment horizons, and consequently the number of hands through which a security passes during its life, affect prices in a laboratory market populated by overlapping generations of investors. We find that (i) price deviations are larger in markets populated only by shorthorizon investors compared to markets with long-horizon investors; (ii) for a given maturity of se...

We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice, subjects prefer on average shorte...

In a space-time with cosmological constant Λ > 0 and matter satisfying the dominant energy condition, the area of a black or white hole cannot exceed 4π/Λ. This applies to event horizons where defined, i.e. in an asymptotically deSitter space-time, and to outer trapping horizons (cf. apparent horizons) in any space-time. The bound is attained if and only if the horizon is identical to that of t...