Jayavel Sounderpandian

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Suppose you must choose between two pieces of information A and B. In the absence of cost, you would prefer to obtain A rather than B, and in fact would be willing to take more risk to obtain A than B. Nevertheless, you would pay more money for B than for A. Are your preferences consistent with expected utility? The answer is yes, they may very well be. We(More)
We present models for cost-benefit analyses of RFID implementations for retail stores. We discuss implementations of the data networks connecting the tag readers. Our models consider the cost of implementations including the cost of tag readers, the communication network cost and other infrastructure cost. In addition, we also present analytical models to(More)
Ambiguity aversion has been widely observed in individuals' judgments. Using scenarios that are typical in decision analysis, we investigate ambiguity aversion for pairs of individuals. We examine risky and cautious shifts from individuals' original judgments to their judgments when they are paired up in dyads. In our experiment the participants were first(More)
EXECUTIVE SUMMARY This case focuses on the development of information systems for not-for-profit volunteer-based organizations. Specifically, we discuss an information system project for the Volunteer Center of Racine (VCR). This case targets the analysis and design phase of the project using the Unified Modeling Language (UML) methodology, database(More)