... Risk Simulation A football [1] company, such as Juventus FC, FC Bayern Munich, or Real Madrid CF, produces a peculiar type of entertainment service that is sold on the relevant market. If we assume that a league structure already exists, the service production of the individual club consists...

... and efficiency. Design/methodology/approach This research proposes a noncooperation model based on MG theory. The MG is designed to make decisions on the use of resources/services among the partners of CMfg with private information. A simulation environment was developed to test the efficiency...

... can be contacted at: david.oliver@sydney.edu.au © Emerald Group Publishing Limited 2015 Performance Diversity Decision making Simulation Management team composition, specifically the diversity of member attributes, has long been identified as a key factor explaining...

...John C. Ickis; Arch G. Woodside; Enrique Ogliastri; Antonio Pérez-Bennett; Pål Davidsen; Luis E. López Purpose – The purpose of this paper is to examine the use of simulators as pedagogical complements to traditional case studies. The research performs experiments with a case and its accompanying...

...Vlatka Hlupic; Paul Appleby Walker; Zahir Irani Financial modelling is extensively used in all sectors of today’s business environments. In particular, it is used as a tool in the preparation of plans, budgets and many corporate projections. Simulation modelling is not widely used in this area...

...D.J. Smith Monte Carlo simulation is one of a number of analytical techniques available to enable managers to assess the risks surrounding capital budgeting decisions. Although it is covered in most texts on financial management, surveys have for many years pointed to only limited use...

... can and are benefiting from virtual reality research. Briefly discusses the research being conducted on behalf of various industries, and how that research will benefit and is benefiting those industries. It has been called cyberspace, virtual environment, simulations,artificial worlds and virtual...

...Chris Dawson The second of two articles, looks at how a simulation methodology was used to explore the relationship between two prescriptive models of human resource accounting – the replacement cost model (RCM) and the stochastic rewards valuation model (SRVM). Investigates not only...

...Robert A. Proctor Considers computer simulation as a method for studying the behaviour of business systems under a variety of assumed conditions for analysing the simultaneous interaction of many variables to produce valuable insights into problems. Looks at how simulations can help to provide...