The objective of this paper is to understand the drivers of consumer choice under risk. We disentangle and study the relative importance of di erent preferences in explaining the high risk premia consumers pay for actuarially unfair insurance. Empirical and behavioral research on insurance is at odds on whether diminishing returns (curvature of the utility function), or loss aversion and non-li...

Supplier selection process has gained importance recently, since the cost of rawmaterials and component parts constitutes the main cost of a product and most of the firms have to spend considerable amount of their revenues on purchasing. Supplier selection is one of the most important decision making problems including both qualitative and quantitative factors to identify suppliers with the hig...

e initial goal is to reSfua wastewater at the source by 80-95% through effective wnterflowd cascade rinsing,' drag-out control and close monitoring of bath and rinse ncentrations. U m d loop should be implemented when the volume of wastewater IS ccessfully minimized and controlled. The choice of the most economical recycling and tcovery methods is then made easier for integration in a second ph...

The research presented in this paper is oriented on the transition of the manufacturing industry towards the delivery of product-service system. The paper presents the first results in the development of a decision support system dedicated to help in configuring service-oriented production systems, notably with an objective of capacity management. An illustrative case study is presented, linked...

INTRODUCTION The capital cost of treating wastewater generated from a metal finishing operation is primarily a function of the rinse water volume to be treated. Many wastewater treatment systems installed during the 1970's were oversized since water conservation measures were not always fully exploited. It is anticipated that systems designed during the 1980's in response to the pretreatment re...