The proper functioning of numerous critical infrastructure systems is fundamental to modern society. Reliable energy powers businesses and illuminates homes; clean water is essential to ...

For decades, finance functions allocated resources based on historical data, intuition and a fixed annual budget cycle. This approach provided a stable foundation in predictable markets but lacked the ...

Learn how the assignment method allocates resources for maximum efficiency and profit. Discover practical examples in banking, manufacturing, and budgeting.

The COVID-19 pandemic offers an opportunity to examine public opinion regarding the allocation of scarce medical resources. In this conjoint experiment on a nationally representative sample of US ...

Discover how empire building expands power through strategies like mergers and integration. Learn its pros, cons, and real-world examples to inform your decisions.