Individual decision making behavior under uncertainty is queried by experiments. The subject's task is to allocate resources for projects with transformation results about which only uncertain expectations exist. The purpose is to get some insight into the information processing which determines the choice of an allocation rate. The data contradict any predictions based on a SEU model of decision making behavior under uncertainty. An heuristic information processing model is built which possesses better empirical validity than the SEU model. The model provides an alternative to Atkinson's theory, for it is demonstrated that individuals show both typical and atypical reactions in dynamic interaction. The variable ‘situation of an individual’ is defined which provides a mechanism to explain the observable switch in the priority ordering of needs.

Connors et al. [Connors, M. M., C. Coray, C. J. Cuccaro, W. K. Green, D. W. Low, H. M. Markowitz. 1972. The distribution system simulator. Management Sci. 18 (8, April).], have developed a Distribution System Simulator (DSS) that produces a customized simulation model for large scale, physical distribution systems. Aggarwal [Aggarwal, S. C. 1973. A critique of the distribution system simulation. Management Sci. 20 (4, December).] provided a critique of specific topics regarding DSS design in order to make it more effective in an operating environment. Rather than dealing with detailed issues, I would like to take an overall look at the approach suggested by Connors et al. to support logistics decisions, emphasising general strengths and limitations to their proposed system, and to recommend some constructive ideas to overcome some of the current DSS weaknesses.

Abstract Presents a reply to comments made on the article "Some Observations on Student Values and Their Implications for Accounting Education," by Vincent Brenner. Relationship between attitudes and values; Reason for the adoption of the measurement technique; Need for awareness on the difference in attitudes or values between accounting students and non-accounting majors

Abstract This article presents a comment on the study of some observations on student values and their implications for accounting education in the U.S. If accounting majors are less concerned with wisdom and beauty than other students it may be incumbent upon accounting educators to raise the consciousness level of their students. This could be done by pointing out the scholarly background of accounting and the infinite complexities of designing a useful and reliable method of measuring economic and financial transactions.

I. Subset choice conditions, 320. — II. Methods for computing C, 323. — III. Two examples, 325. — IV. Discussion, 326.

Two contrasting models, factory and service, are developed from general systems theory and used to describe the college production process. Issues explored in terms of the models are: open admission, research, facility location, training versus education, instructional methods, academic freedom, instructor evaluation, and the college's responsibility in placement.