Keyword: decision theory
Polynomial-Time Computation of Strong and n-Present-Value Optimal Policies in Markov Decision Chains
Veinott Arthur F
This paper studies the problem of finding a stationary strong present‐value...
Applying models of imprecise probabilities in the mathematical theory of criteria importance
We show that if preferences can be defined with an additive utility function then...
Fair ranking of the decision making units using optimistic and pessimistic weights in data envelopment analysis
Jahanshahloo Gholam Reza
Ranking all of the decision making units (DMUs) is one of the most important topics in...
Who should cast the casting vote? Using sequential voting to amalgamate information
In this study, we are concerned with how agents can best amalgamate their private...
Conditional expected utility
Let E be a class of events. Conditionally Expected Utility decision makers are...
ORCON - a tool for analysis of ordinal consistency in a pairwise comparison matrix
Moshkovich Helen M
Decision makers are often asked to make pairwise comparisons in the process of...
Construction of families of probability boxes and corresponding membership functions at different fractiles
Uncertainty comes in many forms in the real world and is an unavoidable component of...
The Secretary Problem with a Selection Committee: Do Conformist Committees Hire Better Secretaries?
This paper analyzes a variation of the secretary problem in which two selectors with...
Stochastic Dominance Analysis Without the Independence Axiom
We characterize the consistency of a large class of nonexpected utility preferences...
The Efficacy of a Decision Support System in Enhancing Risk Assessment Performance
A pervasive challenge for decision‐makers is evaluating data of varying form...
The value of additional information in multicriteria decision making choice problems with information imperfections
Processing information is a key ingredient for decision making. In most...
A novel method for selecting a single efficient unit in data envelopment analysis without explicit inputs/outputs
Data Envelopment Analysis (DEA) is a non‐parametric technique for evaluating a...
Variable selection in data envelopment analysis via Akaike’s information criteria
The decision makers always suffer from predicament in choosing appropriate variable...
On the Measurement of Economic Tail Risk
This paper attempts to provide a decision‐theoretic foundation for the...
Analysing the use of cognitive maps in an experiment on a group decision process
Morais Danielle C
Identifying the practical benefits of theoretical methods is a challenge in several...
A Condorcet jury theorem for couples
The agents of a jury have to decide between a good and a bad option through simple...
‘Divide-and-choose’ in list-based decision problems
When encountering a set of alternatives displayed in the form of a list, the decision...
Cognitive ability and the effect of strategic uncertainty
How is one’s cognitive ability related to the way one responds to strategic...
Minimizing regret in dynamic decision problems
The menu‐dependent nature of regret minimization creates subtleties when it is...
A note on monotonic power indices, smaller coalitions, and new members
Brams’ paradox of new members and Shenoy’s paradox of smaller coalitions...
Lexicographic expected utility without completeness
Standard theories of expected utility require that preferences are complete, and/or...
Rational beliefs in rationalizability
In this paper I scrutinize the ‘rational beliefs’ in the concept of...
Satisficing, preferences, and social interaction: a new perspective
Satisficing is a central concept in both individual and social multiagent decision...
Counting votes in coupled decisions
We consider scenarios with distributed decision processes, e.g., coupled majorities...
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