This paper investigates whether certain individuals are prone to behavioral biases in their 401(k) investments. Using demographic data and allocation information for over 73,000 employees, the biases examined include two “allocation biases” and a “participation bias.” The findings suggest that higher salaried employees tend to make significantly better choices. Participants earning $100,000 hol...

The problem of maximizing the benefit from a specified number of a particular product with respect to the behavior of customer choices is regarded as revenue management. This managerial technique was first adopted by the airline industries before being widely used by many others such as hotel industries. The scope of this research is mainly focused on hotel revenue management, regarding which a...

We consider regular variation for marked point processes with independent heavy-tailed marks and prove a single large heuristic: the limit measure is concentrated on cone of measures one point. then investigate successive hidden removing at most k points, k≥1, multiple phenomenon: k+1 points. show how these results imply in Skorokhod space associated risk process, connection single/multiple heu...

The action language Golog allows specifying the behavior of autonomous systems with very flexible programs that leave certain aspects open to be resolved by the system. Such open aspects are often planning tasks, where the system needs to find a suitable course of actions to reach a given goal. The first part of this thesis aims to make highly efficient planning systems available to the Golog s...

Flow shop sequencing problem is included in NP-hard problems and a number of heuristic methods have been developed to solve it. Most of these methods are offered for the crisp processing time. However fuzzy algorithm is appropriate for the problems with fuzzy processing time. This paper presents a method in which an algorithm is used to minimize make span of flow shop with fuzzy processing time...

In this paper, a meta-heuristic method, the Bat Algorithm, based on the echolocation behavior of bats is used to determine the optimum service rate of a queue problem. A finite buffer M/M/1 queue with N policy, multiple working vacations and Bernoulli schedule vacation interruption is considered. Under the two customers' impatient situations, balking and reneging, the...

This paper aims at utilizing cognitive information obtained from the eye movements behavior of annotators for automatic coreference resolution. We first record eye-movement behavior of multiple annotators resolving coreferences in 22 documents selected from MUC dataset. By inspecting the gaze-regression profiles of our participants, we observe how regressive saccades account for selection of po...