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Optimal Diversification in Allocation Problems

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Author Info
Ion Purcaru () (The Bucharest Academy of Economic Studies, Romania)
Abstract

Because real choice is an important quality parameter for the retail sector, managers of retailing companies need an instrument to assist them in optimising the diversity of options provided to their customers. In this paper, using the weighted diversity index of Guia u and Guia u), some possibilities to obtain the optimal joint distributions of a probabilistic experiment and the corresponding optimal diversifications to a certain probabilistic system are proposed. These results can be used in ecology, in economy or in problems of allocation or of transportation as an example of diversity management.

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Publisher Info
Article provided by Academy of Economic Studies - Bucharest, Romania in its journal The AMFITEATRU ECONOMIC journal.

Volume (Year): 11 (2009)
Issue (Month): 26 (June)
Pages: 494-502
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Handle: RePEc:aes:amfeco:v:11:y:2009:i:26:p:494-503

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Related research
Keywords: weighted diversity; principle of maximum diversity; diversification; optimal distributions;

Find related papers by JEL classification:
C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Statistical Decision Theory; Operations Research
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
C63 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computational Techniques

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  1. Mercedes Esteban-Bravo & Jose M. Mugica & Jose M. Vidal-Sanz, 2006. "Do Business Density And Variety Determine Retail Performance?," Business Economics Working Papers wb065817, Universidad Carlos III, Departamento de Economía de la Empresa. [Downloadable!]
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This page was last updated on 2009-12-15.

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