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Article
Publication date: 1 June 2000

A. Savini

Gives introductory remarks about chapter 1 of this group of 31 papers, from ISEF 1999 Proceedings, in the methodologies for field analysis, in the electromagnetic…

Abstract

Gives introductory remarks about chapter 1 of this group of 31 papers, from ISEF 1999 Proceedings, in the methodologies for field analysis, in the electromagnetic community. Observes that computer package implementation theory contributes to clarification. Discusses the areas covered by some of the papers ‐ such as artificial intelligence using fuzzy logic. Includes applications such as permanent magnets and looks at eddy current problems. States the finite element method is currently the most popular method used for field computation. Closes by pointing out the amalgam of topics.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 19 no. 2
Type: Research Article
ISSN: 0332-1649

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Article
Publication date: 1 March 2006

A.J. Ostaszewski

To model a bargaining environment where the tactic of qualitative commitment (staking a principle) can have a demonstrably strong effect.

Abstract

Purpose

To model a bargaining environment where the tactic of qualitative commitment (staking a principle) can have a demonstrably strong effect.

Design/methodology/approach

Amend the two‐person alternating offers model due to Rubinstein to include simultaneously pre‐announced stakes, and a mechanism for altering agents' utilities by reference to substantial costs of “surrendering a principle” (capitulation costs). Identify all stationary, pure strategy equilibria. Isolate subgame perfect Nash equilibria (SPNE).

Findings

SPNE is unique and offers efficient re‐allocation. For high enough capitulation costs, gains at equilibrium (relative to the bench‐mark game without commitment) result to the first‐mover. The shift in the equilibrium allocation is linear in cost.

Research limitations/implications

Symmetric fixed capitulation costs were assumed. Surrender of principle required introduction of discontinuities in the cost function (zero or fixed cost). No gradation of the cost was considered. Future directions could involve discovering what distortions are created by asymmetric costs, by gradations and from smoothing out of the discontinuity.

Practical implications

Practical implications at best point to the potential rewards available from identifying and introducing a high‐cost commitment tactics in a bargaining context.

Originality/value

The innovation is in the use of an explicit bargaining apparatus to examine the commitment tactic (previous research used an axiomatic treatment of bargaining), and in offering a model for the notion of a qualitative commitment. The result about the qualitative shift in the equilibrium is also new. The paper is thus a contribution to the understanding of how an agent may seek to influence the outcome of a game such as “divide the pie (the resource)” through the manufacture/introduction of a factor outside the original game.

Details

Journal of Economic Studies, vol. 33 no. 2
Type: Research Article
ISSN: 0144-3585

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Book part
Publication date: 16 November 2016

Satya R. Chakravarty, Nachiketa Chattopadhyay, Joseph Deutsch, Zoya Nissanov and Jacques Silber

A recent trend in the study of poverty is to consider a relative poverty line, one that is responsive to the nature of the income distribution. We develop an axiomatic…

Abstract

A recent trend in the study of poverty is to consider a relative poverty line, one that is responsive to the nature of the income distribution. We develop an axiomatic approach to the determination of an amalgam poverty line. Given a reference income (e.g., the mean or the median), the amalgam poverty line becomes a weighted average of the absolute poverty line and the reference income, where the weights depend on the policy maker’s preferences for aggregating the two components. The paper ends with an empirical illustration comparing urban and rural areas in the People’s Republic of China and India.

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Inequality after the 20th Century: Papers from the Sixth ECINEQ Meeting
Type: Book
ISBN: 978-1-78560-993-0

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Article
Publication date: 14 September 2010

Utpal Kumar Chowdhury

The purpose of this paper is to provide an outline for conceptualizing an unprecedented factor responsible for awesome success or awful failure of every managerial course…

Abstract

Purpose

The purpose of this paper is to provide an outline for conceptualizing an unprecedented factor responsible for awesome success or awful failure of every managerial course of action (COA). This typical factor is coined as “the unforeseen or unknown chance cause” (z) in this paper which aims at focusing on the constant interaction between known causes and z that resultantly shape failure or success of a COA.

Design/methodology/approach

The approach to this critical topic is primarily based on the method of simple demonstration of z along with its main contender, knowledge factor, following the method of elementary geometric configurations for lucid representation. Finally, this study advocates a regulatory method which may help chief executive officers (CEOs) in their dealings with z in a proactive manner.

Findings

The outcomes of this course of research are: first, there are some unique features of z, namely, omnipresence, variability and regularity. Second, it is the tolerance limit factor (TLF) which, if properly empowered by knowledge quality, can regulate z. Third, management by chance (MBC), philosophically, is an eternal journey to the unforeseeable land of z.

Originality/value

This study enlightens the following new and original thoughts which are equally important for academics and for practitioners. First, z is no longer an exogenous factor as commonly believed, rather it dwells in the core of a firm's survival. Next, the pivotal point is identifying z promptly without any excuse. Finally, only z can provide freedom of thoughts otherwise impossible in this computerized internet bound world.

Details

International Journal of Law and Management, vol. 52 no. 5
Type: Research Article
ISSN: 1754-243X

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Article
Publication date: 12 July 2011

Albrecht Reibiger

Different axiomatizations of network theory are considered. Kirchhoff networks are regarded with priority. Multipole and multiport networks are introduced as alternative…

Abstract

Purpose

Different axiomatizations of network theory are considered. Kirchhoff networks are regarded with priority. Multipole and multiport networks are introduced as alternative variants. Additionally, Minty and Paynter networks, which are always dualizable are discussed briefly. The latter are special cases of Kirchhoff as well as of multiport networks. This paper seeks to discuss these issues.

Design/methodology/approach

The paper develops network theory inside of set theory, i.e. networks, multipoles, etc. are defined as objects of set theory. As such objects we use preferably ordered pairs, ordered triples, etc. The objects of network theory are then separated from the class of all these set theoretical objects by means of some defining conditions. These conditions are the axioms of our approaches to network theory.

Findings

It is shown that all presented variants of axiomatizations can be developed on the basis of a uniform representation for the time functions for voltages and currents. All these variants allow interdisciplinary applications of network theory and they can be generalized to multidimensional networks. An interesting byproduct is the relationship between multiport networks, networks in Belevitch normal form, Paynter networks, and bond graphs.

Originality/value

For applications it is essential that Kirchhoff and multipole networks are with respect to their modeling capability of equal value. But from the foundational point of view the multipole terminology has a number of crucial disadvantages compared with that based on Kirchhoff networks. This fact is important both for the conception of circuit simulation software packages and for the development of basic circuit theory curricula.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 30 no. 4
Type: Research Article
ISSN: 0332-1649

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Article
Publication date: 1 June 2000

K. Wiak

Discusses the 27 papers in ISEF 1999 Proceedings on the subject of electromagnetisms. States the groups of papers cover such subjects within the discipline as: induction…

Abstract

Discusses the 27 papers in ISEF 1999 Proceedings on the subject of electromagnetisms. States the groups of papers cover such subjects within the discipline as: induction machines; reluctance motors; PM motors; transformers and reactors; and special problems and applications. Debates all of these in great detail and itemizes each with greater in‐depth discussion of the various technical applications and areas. Concludes that the recommendations made should be adhered to.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 19 no. 2
Type: Research Article
ISSN: 0332-1649

Keywords

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Article
Publication date: 1 July 1992

Z. An, D.A. Bell and J.G. Hughes

Presents an investigation of some aspects of the axiomization of conditional independence of probability. Contributes to the understanding of Pearl's completeness…

Abstract

Presents an investigation of some aspects of the axiomization of conditional independence of probability. Contributes to the understanding of Pearl's completeness conjecture and identifies a direction for revision which could remove some of the difficulties of Pearl's axiom set, but this alternative is not without its own difficulties. This approach largely simplifies the definition of conditional independence. Then shows the completeness conjecture to be incorrect by presenting counter examples; a new axiom based on the counter examples follows. Discusses the reason for the conjecture being incorrect. Notes that an alternative conjecture could be suggested, but this raises many new questions and increases complexity. Finally, shows that “the disjointness condition on variable sets” is in fact necessary. Concludes that while the axiomization of conditional independence has attractions, it is probably too complex to be pragmatic. Suggests an alternative way forward in inexact reasoning.

Details

Kybernetes, vol. 21 no. 7
Type: Research Article
ISSN: 0368-492X

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Book part
Publication date: 3 May 2016

Jose Miguel Abito, David Besanko and Daniel Diermeier

We model the interaction between a profit-maximizing firm and an activist using an infinite-horizon dynamic stochastic game. The firm enhances its reputation through…

Abstract

We model the interaction between a profit-maximizing firm and an activist using an infinite-horizon dynamic stochastic game. The firm enhances its reputation through “self-regulation”: voluntary provision of an abatement activity that reduces a negative externality. We show that in equilibrium the externality-reducing activity is subject to decreasing marginal returns, which can cause the firm to “coast on its reputation,” that is, decrease the level of externality-reducing activity as its reputation grows. The activist, which benefits from increases in the externality-reducing activity, can take two types of action that can harm the firm’s reputation: criticism, which can impair the firm’s reputation on the margin, and confrontation, which can trigger a crisis that may severely damage the firm’s reputation. The activist changes the reputational dynamics of the game by tending to keep the firm in reputational states in which it is highly motivated to invest in externality-reducing activity. Criticism and confrontational activity are shown to be imperfect substitutes. The more patient the activist or the more passionate it is about externality reduction, the more likely it is to rely on confrontation. The more patient the firm and the more important corporate citizenship is to firm’s brand equity, the more likely that it will be targeted by an activist that relies on confrontation.

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Details

Applying Maximum Entropy to Econometric Problems
Type: Book
ISBN: 978-0-76230-187-4

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Article
Publication date: 6 July 2020

Bharat Chillakuri

Organizations have long recognized that focusing on the onboarding experience is vital to the success of the employee and the organization. Organizations are confronted…

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Abstract

Purpose

Organizations have long recognized that focusing on the onboarding experience is vital to the success of the employee and the organization. Organizations are confronted with inter-generational issues as they prepare to accommodate Generation Z in the workplace. The purpose of this paper is to investigate the expectations of Generation Z from the onboarding program so that the organizations are better equipped to welcome the new cohort.

Design/methodology/approach

The study adopts the interpretive approach to understand the subjective opinions, thoughts and conversations of the respondents. The study adopted an interpretive research approach for two main reasons. First, in the absence of empirical evidence, such a type of approach is helpful when the study aims to understand the subjective experience of individuals, and often can help in theory construction. Second, the approach helps uncover unknown facts and relevant research questions for further research.

Findings

The results from the study can help organizations to fine-tune the onboarding program that meets the needs of Generation Z. The study identified six essential variables that could be addressed in the onboarding enabling the new hires to quickly onboard the organization.

Research limitations/implications

Data were collected from the students who are pursuing final year of masters in business administration. Since the respondents are business students findings cannot be generalized to the rest of the cohort as these respondents had a fair idea of what to expect from the organizations.

Practical implications

The study presents six important themes for designing and managing an effective onboarding program for Generation Z. It is important to note that the inter-generational differences are natural, and organizations have to live with it. HR professionals have to bear in mind that this is also an opportunity to revisit, redesign and readjust their onboarding programs to suit the new employees.

Originality/value

The literature on Generation Z is at a nascent stage. Empirical studies on Generation Z were conducted to understand their expectation, beliefs and attitude. However, studies related to their expectations during the new hire orientation programs are absent. The present study could be one of the first studies in helping both managers and the HR function in understanding the expectations of Generation Z.

Details

Journal of Organizational Change Management, vol. 33 no. 7
Type: Research Article
ISSN: 0953-4814

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