Sustaining High Economic Growth Requires a Different Strategy: An Integrated Approach for Broad-Based Knowledge Economy -- The Secretary Problem—An Update -- Energy Efficiency in Buildings and Related Assessment Tools Under Indian Perspective -- A Multi-type Branching Process Model for Epidemics with Application to COVID-19 in India -- The Mirra Distribution for Modeling Time-to-Event Data Sets -- Comparison of Local Powers of Some Exact Tests for a Common Normal Mean with Unequal Variances -- Lower Bounds for Percentiles of Pivots from a Sample Mean Standardized by S, the GMD, the MAD, or the Range in a Normal Distribution and Miscellany with Data Analysis -- Intuitionistic Fuzzy Optimization Technique to Solve a Multiobjective Vendor Selection Problem -- Testing for the Goodness of Fit for the DMRL Class of Life Distributions -- Linear Empirical Bayes Prediction of Employment Growth Rates Using the U.S. Current Employment Statistics Survey -- Constrained Bayesian Rules for Testing Statistical Hypotheses -- Application of Path Counting Problem and Survivability Function in Analysis of Social Systems -- Framework for Groundwater Resources Management and Sustainable Development of Groundwater in India -- A New Generalized Newsvendor Model with Random Demand and Cost Misspecification -- Analytics Approach to the Improvement of the Management of Hospitals -- A Novel Approach to Estimate the Intrinsic Dimension of fMRI Data Using Independent Component Analysis -- Data Science, Decision Theory and Strategic Management: A Tale of Disruption and Some Thoughts About What Could Come Next.
This book contains international perspectives that unifies the themes of strategic management, decision theory, and data science. It contains thought-provoking presentations of case studies backed by adequate analysis adding significance to the discussions. Most of the decision-making models in use do take due advantage of collection and processing of relevant data using appropriate analytics oriented to provide inputs into effective decision-making. The book showcases applications in diverse fields including banking and insurance, portfolio management, inventory analysis, performance assessment of comparable economic agents, managing utilities in a health-care facility, reducing traffic snarls on highways, monitoring achievement of some of the sustainable development goals in a country or state, and similar other areas that showcase policy implications. It holds immense value for researchers as well as professionals responsible for organizational decisions.