It has become fairly common to hear the term “value proposition”. It is often featured as a component of a sales and marketing strategy in various ways, such as: advertisements, white papers, case studies or within sales collateral. In fact, the term has become quite familiar, yet when a series of value propositions are evaluated it becomes clear that not all value props are created equally. In...

Real-time search methods have successfully been used to solve a large variety of search problems but their properties are largely unknown. In this paper, we study how existing real-time search methods scale up. We compare two realtime search methods that have been used successfully in the literature and differ only in the update rules of their values: Node Counting, a real-time search method th...

In this paper, we give the spectral theory for eigenvalues and eigenfunctions of a boundary value problem consisting of the linear fractional Bessel operator. Moreover, we show that this operator is self-adjoint, the eigenvalues of the problem are real, and the corresponding eigenfunctions are orthogonal. In this paper, we give the spectral theory for eigenvalues and eigenfunctions...

Almost all of the voluminous literature on the Marxian ‘transformation problem’ is predicated on the assumption that, whether or not he succeeded, what Marx was trying to do in Part II of Capital, volume III—namely, derive a set of prices consistent with the equalization of the rate of profit across all capitals— was correct. Those neo-Ricardians who argue that there is really no ‘transformatio...

We thank the editor and an anonymous referee. Any errors are our own. Abstract Using the WACC to Value Real Options We present a real option valuation using the weighted average cost of capital (WACC). This is an alternative to risk-neutral real option valuation. Using the WACC involves a marginal increase in mathematical complexity, but it is easy to implement in a spreadsheet, and it is easy ...

This is a critical assessment of some of the new paradigms of software engineering. The Unified Modeling Language, the notion of design patterns, and some ideas for future and more advanced modelling elements are investigated. This is done from a practical and theoretical point of view, with a focus on real-time and embedded systems development.

In the early 1990s, Houston-based Anadarko Petroleum Corporation outbid competitors for the Tanzanite block in the Gulf of Mexico. It found oil and gas there in 1998 and was producing within three years. The Tanzanite discovery is significant not so much for an abundance of oil and gas, but that in bidding for it Anadarko broke with industry tradition. Rather than using only conventional discou...

For better guiding a system, senior managers should have accurate information. Using Data Envelopment analysis (DEA) help managers in this objective. Thus, many investigations have been made in order to find the most productive scale size (MPSS) for the evaluating decision making units (DMUs). In this paper we consider this case where there exist subsets of input and output variables to be inte...