Keyword: utility

Found 40 papers in total
Ordinal One-Switch Utility Functions
Ordinal One-Switch Utility Functions
2015,
We study the problem of finding ordinal utility functions to rank the outcomes of a...
Discounted Utility and Present Value–A Close Relation
Discounted Utility and Present Value–A Close Relation
2015,
We introduce a new type of preference condition for intertemporal choice, which...
An Interactive Approach for Multicriteria Decision Making Using a Tchebycheff Utility Function Approximation
An Interactive Approach for Multicriteria Decision Making Using a Tchebycheff Utility Function Approximation
2014,
Multicriteria decision making (MCDM) can provide an efficient mean for considering...
Subgroup additivity in the queueing problem
Subgroup additivity in the queueing problem
2014,
Subgroup additivity requires that a rule assigns the same expected...
Pareto utility
Pareto utility
2013,
In searching for an appropriate utility function in the expected utility framework, we...
Emotional balance and probability weighting
Emotional balance and probability weighting
2013,
We find suggestive evidence that emotional balance has an impact on probability...
Dynamics of Contract Design with Screening
Dynamics of Contract Design with Screening
2013,
We analyze a novel principal–agent problem of moral hazard and adverse selection...
Revisiting Almost Second‐Degree Stochastic Dominance
Revisiting Almost Second‐Degree Stochastic Dominance
2013,
Leshno and Levy (2002) established almost stochastic dominance to reveal preferences...
Multiattribute One‐Switch Utility
Multiattribute One‐Switch Utility
2012,
The one‐switch property states that the preference between any two lotteries...
On the equivalence of quadratic optimization problems commonly used in portfolio theory
On the equivalence of quadratic optimization problems commonly used in portfolio theory
2013,
In the paper, we consider three quadratic optimization problems which are frequently...
A REGION-BASED MULTI-ISSUE NEGOTIATION PROTOCOL FOR NONMONOTONIC UTILITY SPACES
A REGION-BASED MULTI-ISSUE NEGOTIATION PROTOCOL FOR NONMONOTONIC UTILITY SPACES
2011,
Nonmonotonic utility spaces are found in multi-issue negotiations where the...
Intertemporal utility smoothing under uncertainty
Intertemporal utility smoothing under uncertainty
2013,
This paper axiomatizes a recursive utility model that captures both intertemporal...
The shape of the utility or value function in stochastic multicriteria acceptability analysis
The shape of the utility or value function in stochastic multicriteria acceptability analysis
2012,
Stochastic multicriteria acceptability analysis (SMAA) is a decision support method...
A comparison of simplified value function approaches for treating uncertainty in multi‐criteria decision analysis
A comparison of simplified value function approaches for treating uncertainty in multi‐criteria decision analysis
2012,
Uncertainty is present in many decisions where an action's consequences are unknown...
A revised method for ranking fuzzy numbers using maximizing set and minimizing set
A revised method for ranking fuzzy numbers using maximizing set and minimizing set
2011,
A large number of methods have been proposed for ranking fuzzy numbers in the last few...
A novel belief function reasoning approach to MCDM under uncertainty
A novel belief function reasoning approach to MCDM under uncertainty
2011,
This paper presents a novel belief function reasoning approach to the multiple...
Decomposing the Cross Derivatives of a Multiattribute Utility Function into Risk Attitude and Value
Decomposing the Cross Derivatives of a Multiattribute Utility Function into Risk Attitude and Value
2011,
The cross derivatives of a multiattribute utility function play an important role in...
Portfolio Choice Under Cumulative Prospect Theory: An Analytical Treatment
Portfolio Choice Under Cumulative Prospect Theory: An Analytical Treatment
2011,
We formulate and carry out an analytical treatment of a single‐period portfolio...
Interval scalability of rank‐dependent utility
Interval scalability of rank‐dependent utility
2011,
Luce and Narens (Journal of Mathematical Psychology, 29:1–72, 1985) showed that...
Differential Characteristics of Efficient Frontiers in Data Envelopment Analysis
Differential Characteristics of Efficient Frontiers in Data Envelopment Analysis
2010,
The implicit definition and nondifferentiability of efficient frontiers used in data...
Elementary proof that mean–variance implies quadratic utility
Elementary proof that mean–variance implies quadratic utility
2011,
An extensive literature overlapping economics, statistical decision theory and...
Valuing money and things: Why a $20 item can be worth more and less than $20
Valuing money and things: Why a $20 item can be worth more and less than $20
2010,
The study of risky decision making has long used monetary gambles to study choice, but...
Risk-sensitive dynamic pricing for a single perishable product
Risk-sensitive dynamic pricing for a single perishable product
2009,
We show that the monotone structures of dynamic pricing for a single perishable...
Multiattribute utility copulas
Multiattribute utility copulas
2009,
We introduce the notion of a multiattribute utility copula that expresses any (i)...
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