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Utility theory

Coalitional Expected Multi-Utility Theory

Coalitional Expected Multi-Utility Theory

... expected utility theorem takes a re‡exive binary relation on a space of lotteries, and imposes four hypotheses on this relation: Completeness, transitivity, continu- ity and the Independence ...expected ...

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Coherence and correspondence in engineering design

Coherence and correspondence in engineering design

... There is a method that dispenses with all three prin- ciples of multi-attribute utility theory. In Pugh’s (1981, 1990) convergence process, a group of experts is asked to compare each design with a ...

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The legitimacy of increasing marginal utility in social services: The case of university examinations

The legitimacy of increasing marginal utility in social services: The case of university examinations

... As noted in the introduction, the utility theory will be applied to the university education system, i.e. the utilities obtained from that system by students. This system comprises two categories of ...

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Brazil. J. Polit. Econ.  vol.29 número1

Brazil. J. Polit. Econ. vol.29 número1

... ordinal utility function by formulating a set of axioms that allowed them to derive an expected utility ...and utility attached to the ...expected utility theory was de- duced from ...

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Some work and some play: microscopic and macroscopic approaches to labor and leisure.

Some work and some play: microscopic and macroscopic approaches to labor and leisure.

... supply theory, the marginal utility of leisure may (although not necessarily) depend on the amount of work (or rewards) consumed, and (unlike in the behavioral data) choices are classically ...random ...

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Modelling Lean and Green Supply Chain

Modelling Lean and Green Supply Chain

... (2006), "A multiple attribute utility theory approach to lean and green supply chain management", International Journal of Production Economics, Vol. (1996), The balan[r] ...

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Judging statistical models of individual decision making under risk using in- and out-of-sample criteria.

Judging statistical models of individual decision making under risk using in- and out-of-sample criteria.

... Expected Utility Theory (EUT) and the behavioral alternatives such as prospect theory, are ...the theory, making it difficult to conduct clean tests of the underlying theory itself and ...

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Rev. adm. empres.  vol.57 número5

Rev. adm. empres. vol.57 número5

... prospect theory by estimating the risk aversion parameter of the expected utility theory (EUT) for a select sample, in addition to the value and probability function parameter, assuming various ...

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INSTITUTO SUPERIOR DE ECONOMIA E GEST ˜

INSTITUTO SUPERIOR DE ECONOMIA E GEST ˜

... prospect theory describes the risk preferences of a Portuguese sample and some demographic differences between those preferences, which by itself is an important step to improve our knowledge about the risk ...

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DigitUMa: Theory and applications in game theory

DigitUMa: Theory and applications in game theory

... strategy theory, with business model thinking being insufficient to achieve a sustainable competitive ...strategy theory and business model as a way to improve organizational strategy, in which the strategy ...

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Utility of QR codes in biological collections

Utility of QR codes in biological collections

... Cited in: Diazgranados M (2012) A no- menclator for the frailejones (Espeletiinae Cuatrec., Asteraceae). nlm.nih.gov/nuccore/JN837330.1” C “Photographs of this collection: http://espelet[r] ...

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Health economics and health preference concepts to orthopedics practitioners

Health economics and health preference concepts to orthopedics practitioners

... The aim of this study was to describe concepts of health econo- mics in order to update and provide the orthopedic practitioner decision making parameters based on preferences. Four ba- sic types of studies of economical ...

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Exploiting item co-utility to improve recommendations

Exploiting item co-utility to improve recommendations

... In this thesis, we consider that a recommendation was useful if the associated user’s feedback was positive – e.g., the user purchased the recommendation, gave it a high rating, or clicked on it. We then formalize the ...

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Utilitybased scheduling algorithms to enhance user satisfaction in OFDMA systems

Utilitybased scheduling algorithms to enhance user satisfaction in OFDMA systems

... marginal utility curve considering several magnitudes of the θ ...marginal utility becomes zero, since it is a function of ...marginal utility and the point at which it is ...marginal utility ...

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J. Aerosp. Technol. Manag.  vol.9 número3 jatm v9i3818

J. Aerosp. Technol. Manag. vol.9 número3 jatm v9i3818

... and utility inputs. In the following years, uncertainty in cost and utility forecasts grows, therefore making future year retirement decisions mere predictions, worsening with ...and utility ...

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J. Transp. Lit.  vol.9 número2

J. Transp. Lit. vol.9 número2

... trip makers and drivers under the influence of VMS-based traffic information. The success of in-laboratory based evaluation of VMS lies to a great extent on accurate forecasting of traffic on alternative routes by route ...

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On the impossibility of prisoner's dilemmas in adversarial preference games

On the impossibility of prisoner's dilemmas in adversarial preference games

... final utility, which is inherently ...as Utility Prisoner’s Dilemmas ...final utility that has received scant attention in the ...to utility we demonstrate in this paper that it may ...

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Statics and Dynamics of Selfish Interactions in Distributed Service Systems.

Statics and Dynamics of Selfish Interactions in Distributed Service Systems.

... aggregate utility) Nash equilibria obtained from best-response are compared to those obtained using different dynamical rules and how much the answer depends on the initial ...

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Cow feeding system versus milk utility for yoghurt manufacture

Cow feeding system versus milk utility for yoghurt manufacture

... Yoghurts made from milk produced by the TMR-fed cows showed higher acetal- dehyde content and hardness (except for January) than yoghurts made from milk pro- duced by the traditionall[r] ...

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Organizational theory: With its applications in biology and ecology

Organizational theory: With its applications in biology and ecology

... organizational theory into four stages, (1) classical and scientific management/modernism, (2) systems and contingency theories, (3) social construction, and (4) ...

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