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In the roaring 1990s, many companies seemed to claim great victories-acquiring another company, obtaining state-of-the art technology, or hiring a potential CEO savior-only to find that they had made a great mistake. The term "Winner's Curse" was coined by economists to explain an effect commonly observed in auctions. In such situations, since the winning bidder is usually the most optimistic about the value of the item being auctioned, there is a very good chance that the bid will be more (sometimes much more) than the item is worth. So a company that overvalues a good or service,...

Telecommunications Network Design And Management represents the state-of-the-art of applying operations research techniques and solutions across a broad spectrum of telecommunications problems and implementation issues.

-The first three chapters of the book deal with the design of wireless networks, including UMTS and Ad-Hoc networks.
-Chapters 4-6 deal with the optimal design of telecommunications networks. Techniques used for network design range from genetic algorithms to combinatorial optimization heuristics.
-Chapters 7-10 analyze traffic flow in...

Telecommunications Network Design And Management represents the state-of-the-art of applying operations research techniques and solutions across a broad spectrum of telecommunications problems and implementation issues.

-The first three chapters of the book deal with the design of wireless networks, including UMTS and Ad-Hoc networks.
-Chapters 4-6 deal with the optimal design of telecommunications networks. Techniques used for network design range from genetic algorithms to combinatorial optimization heuristics.
-Chapters 7-10 analyze traffic flow in...