Keyword: decision theory

Found 516 papers in total
Polynomial-Time Computation of Strong and n-Present-Value Optimal Policies in Markov Decision Chains
Polynomial-Time Computation of Strong and n-Present-Value Optimal Policies in Markov Decision Chains
2017,
This paper studies the problem of finding a stationary strong present‐value...
Applying models of imprecise probabilities in the mathematical theory of criteria importance
Applying models of imprecise probabilities in the mathematical theory of criteria importance
2017,
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
Fair ranking of the decision making units using optimistic and pessimistic weights in data envelopment analysis
2017,
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
Who should cast the casting vote? Using sequential voting to amalgamate information
2017,
In this study, we are concerned with how agents can best amalgamate their private...
Conditional expected utility
Conditional expected utility
2017,
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
ORCON - a tool for analysis of ordinal consistency in a pairwise comparison matrix
2017,
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
Construction of families of probability boxes and corresponding membership functions at different fractiles
2017,
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?
The Secretary Problem with a Selection Committee: Do Conformist Committees Hire Better Secretaries?
2017,
This paper analyzes a variation of the secretary problem in which two selectors with...
Stochastic Dominance Analysis Without the Independence Axiom
Stochastic Dominance Analysis Without the Independence Axiom
2017,
We characterize the consistency of a large class of nonexpected utility preferences...
The Efficacy of a Decision Support System in Enhancing Risk Assessment Performance
The Efficacy of a Decision Support System in Enhancing Risk Assessment Performance
2017,
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
The value of additional information in multicriteria decision making choice problems with information imperfections
2017,
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
A novel method for selecting a single efficient unit in data envelopment analysis without explicit inputs/outputs
2017,
Data Envelopment Analysis (DEA) is a non‐parametric technique for evaluating a...
Variable selection in data envelopment analysis via Akaike’s information criteria
Variable selection in data envelopment analysis via Akaike’s information criteria
2017,
The decision makers always suffer from predicament in choosing appropriate variable...
On the Measurement of Economic Tail Risk
On the Measurement of Economic Tail Risk
2016,
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
Analysing the use of cognitive maps in an experiment on a group decision process
2016,
Identifying the practical benefits of theoretical methods is a challenge in several...
A Condorcet jury theorem for couples
A Condorcet jury theorem for couples
2016,
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
‘Divide-and-choose’ in list-based decision problems
2016,
When encountering a set of alternatives displayed in the form of a list, the decision...
Cognitive ability and the effect of strategic uncertainty
Cognitive ability and the effect of strategic uncertainty
2016,
How is one’s cognitive ability related to the way one responds to strategic...
Minimizing regret in dynamic decision problems
Minimizing regret in dynamic decision problems
2016,
The menu‐dependent nature of regret minimization creates subtleties when it is...
A note on monotonic power indices, smaller coalitions, and new members
A note on monotonic power indices, smaller coalitions, and new members
2016,
Brams’ paradox of new members and Shenoy’s paradox of smaller coalitions...
Lexicographic expected utility without completeness
Lexicographic expected utility without completeness
2016,
Standard theories of expected utility require that preferences are complete, and/or...
Rational beliefs in rationalizability
Rational beliefs in rationalizability
2016,
In this paper I scrutinize the ‘rational beliefs’ in the concept of...
Satisficing, preferences, and social interaction: a new perspective
Satisficing, preferences, and social interaction: a new perspective
2016,
Satisficing is a central concept in both individual and social multiagent decision...
Counting votes in coupled decisions
Counting votes in coupled decisions
2016,
We consider scenarios with distributed decision processes, e.g., coupled majorities...
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