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For instance, Teklewold and Köhlin (2011) reported that older household heads probably have shorter planning horizons and are physically weaker, more resistant to change, and hence less interested in adopting soil conservation practices, which have long-term effects.
Our results show that, for day-ahead planning, longer planning horizons outperform shorter planning horizons in terms of cost of operations, but this improvement diminishes as the planning horizon lengthens.
In his seminal analysis of major oil companies, Grant (2003) found that these new planning processes in organizations are typically characterized by shorter planning horizons, greater flexibility, and an increased emphasis on performance targets that primarily aim at controlling and coordinating the different parts of the business.
A study of ours found much more complex patterns with some evidence of shorter planning periods associated with less success, but no effect for longer delays [ 18].
Sons of mothers that are smokers and have a shorter planning horizon are 6% more likely to smoke than if their mother had a longer planning horizon, and daughters of mothers that smoke with a shorter planning horizon are 7% more likely to smoke themselves than if their mother had a longer planning horizon.
If time preferences are indirectly transmitted from mothers to their offspring, we would expect the intergenerational transmission of smoking to be stronger for mothers who have a shorter planning horizon (higher time preferences).
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Most of previous works on this topic consider a uniform demand behavior for short planning intervals.
These projects are programmed in the aforementioned COMPASS system and can have very short planning time associated with them.
In contrast to other optimization methods, the simplex algorithm used for linear optimization allows a very high optimization speed, i.e., very short planning cycles.
The result: land tenure insecurity leading to short planning horizons.
"Ultimately, we must move away from short term planning, short term contracts, and develop a 10-year plan for reform.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com