... to test for differences in pay by cluster membership while controlling for performance, age and contractual details. Linear programming simulation models construct optimized rosters under payroll and roster construction constraints. Findings We find nine distinct player types in the NBA. Using...

... of considering the downside (e.g. loss) when designing reward systems in banks. Dr Sara Jonsson can be contacted at: sara.jonsson@abe.kth.se © Emerald Group Publishing Limited 2015 Banks Simulation The credit market has experienced significant growth in recent decades: banks have...

...Stephen P. Huffman; Scott B. Beyer; Michael H. Schellenger Purpose The purpose of this paper is to illustrate the effectiveness of integrating a portfolio simulation‐based trading program with the top‐down approach to fundamental analysis in a security analysis course. The simulation allows...

...Panayiotis G. Artikis Outlines the reasons for using stochastic simulation rather than other methods for this development of a capital budgeting model to quantify the risk and uncertainty connected with establishing a new bank branch. Uses net present value (NPV) and the internal rate of return...

...Panayiotis G. Artikis; George P. Artikis Outlines Warren and Shelton’s system for modelling a firm’s operations as a set of simultaneous equations, its limitations and the addition of Monte Carlo simulation into it by Coats and Chesser. Develops these ideas further and applies the new simulation...