... preference and time preference, which could be accommodated by Kreps and Porteus (1978) and Chew and Epstein (1989) Chapter analyzes the separation between risk preference and time preference in a decision ... lotteries (Yates and Zukowski (1976), Chow and Sarin (2002), Halevy (2007), Abdellaoui, Klibanoff and Placido (2011), Miao and Zhong (2012)) and those linking it to source preference and familiarity ... consistency (see Andersen et al., 2011 for a review on hyperbolic discounting) and neutrality towards the timing of uncertainty resolution (see, e.g., Chew and Ho 1994, Kahneman and Lovallo 2000)...
Ngày tải lên: 09/09/2015, 10:07
... of the underlying Interest Rates and Investment Once we understand why and how (irms should be cautious when deciding whether to exercise their investment options, we can also understand why ... Investment under uncertainty / by Avinash K Dixit and Robert S Pindyck P Cn1 Includes bibliographical references and index ISBN 0-691-03410-9 making Pindyck, Robert S Capital investments -Decision ... capital investment decisions of firms stressing the irreversibility of most to investment decisions and the ongoing uncertainty of the economic environment in which those decisions are made This...
Ngày tải lên: 03/11/2014, 16:18
Regret models and preprocessing techniques for combinatorial optimization under uncertainty
... mean and variance of demand are known Roels and Perakis [96] generalized this model to incorporate additional moments and information on the shape of the demand On the other hand, if the demand ... robust approach (see Kouvelis and Yu [83] and Bertsimas and Sim [23]) where the decision- maker chooses a decision x that maximizes the minimum objective over 1.1 Motivation and Literature Review 10 ... Artzner et al [8] and later independently extended to the class of convex risk measures by F¨llmer and Schied [47], and Fritelli and o Gianin [48] Definition 1.1 Consider a set X of random variables...
Ngày tải lên: 10/09/2015, 09:29
Fuzzy modeling for multicriteria decision making under uncertainty
... index of A2 under risk and confidence attitudes………………87 Figure 6.12 Performance index of A3 under risk and confidence attitudes………………88 Figure 6.13 Performance index of A4 under risk and confidence ... index of A2 under risk and confidence attitudes……………….87 Table 6.28 Performance index of A3 under risk and confidence attitudes……………….88 Table 6.29 Performance index of A4 under risk and confidence ... Ranking order of A1 under risk and confidence attitudes……………………90 Table 6.31 Ranking order of A2 under risk and confidence attitudes……………………90 Table 6.32 Ranking order of A3 under risk and confidence...
Ngày tải lên: 06/10/2015, 21:29
Factors influencing borrower’s behavior and decision making patterns in the success of a micro finance model
... of intellect to understand the complexity of any micro finance model, which creates skepticism in understanding the phenomenon of repayment based on principal amount, mark up and other hidden ... subjected to their understanding of the borrowers’ behavior and support by the state authorities REFERENCES Anderson, C., L., Locker, L., & Nugent, R (2002) Microcredit, social capital, and common pool ... strong positive impact on entrepreneurship and female empowerment, while Pitt and Khandker (1998) find that it had an enormous influence on the welfare and economic uplift of lower income groups,...
Ngày tải lên: 06/09/2013, 05:48
The critical challenge facing banks and regulators under Basel II
... Capital adequacy and capability to withstand risks – Adequacy and effectiveness of CAAP – Capital adequacy to meet current and future business needs and to withstand business cycles and adverse economic ... policies, procedures and limits 12 Pillar factors (3) • Systems and controls (cont’d) – Internal control system and environment Segregation of duties and responsibilities Audit and compliance functions ... allow institutions to choose between standardised approach, foundation IRB and advanced IRB for credit risk, and between basic indicator approach and standardised approach (not AMA) for operational...
Ngày tải lên: 15/10/2013, 23:13
Tài liệu CERTIFICATION AND TESTING UNDER THE CPSIA _______________________________________________ doc
... Certificate must accompany the product or product shipment and must be available to CPSC and U.S Customs on request • Violation can result in civil and criminal penalties • U.S government can order product ... Certificate must accompany the product or product shipment and must be available to CPSC and U.S Customs on request • Violation can result in civil and criminal penalties • U.S government can order product ... approved by the Commission, and may not reflect its views Bài thuyết trình nhân viên CPSC sọan, chưa Ủy Ban xem xét hay phê chuẩn không phản ảnh quan điểm Ủy Ban 28 Mandatory and Third Party Testing...
Ngày tải lên: 10/12/2013, 06:15
Tài liệu Báo cáo khoa học: "TREATMENT OF LONG DISTANCE DEPENDENCIES IN LFG AND TAG: FUNCTIONAL UNCERTAINTY IN LFG IS A COROLLARY IN TAG" ppt
... alongside each node, the t and b statements, with the t statement written above the b statement Let us say that troo~,broot and tloot= bLoo~ are the t and b statements of the root and foot nodes of the ... on what t and b stand for, it is obvious that on adjoining the statements t , and troot hold for the node corresponding to the root of the auxiliary tree Similarly, the statements b, and b/oo~ ... Thus, on adjoining, we unify t , with troot, and b, with b/oot In fact, this adjoining-is permissible only if t.oo~ and t are compatible and so are b/oot and b~ If we not adjoin at the node, 7, then...
Ngày tải lên: 21/02/2014, 20:20
Tài liệu An International Comparison of Milk Supply Control Programs and Their Impacts pot
... imitation and substitute dairy products Supply management programs have constrained dairy industry and job growth in the EU and Canada and created an economic incentive for imports o Slow domestic and ... in output and input prices, and new sources of demand growth (exports, functional nutrients, pharmaceutical products), the models may over simplify and miss the obvious impacts of supply control ... milk prices during 2007 and early 2008, and the even quicker collapse in 2009 has left farmers feeling vulnerable and powerless, and renewed interest in a government run supply control program...
Ngày tải lên: 22/02/2014, 05:20
Individual Rights and Liberties Under the U.S. Constitution The Case Law of the U.S. Supreme Court pot
... close to, and often reproduces, the actual language of the Court’s opinions In many cases, the presentation and analysis are based on the Court’s own analysis and understanding of its prior decisions ... promotion and protection of the Washington state apple industry and composed of 13 state growers and dealers chosen from electoral districts by their fellow growers and dealers, all of whom by mandatory ... faith and harassment”—for example, where a statute is “flagrantly and patently violative of express constitutional prohibitions in every clause, sentence, and paragraph, and in whatever manner and...
Ngày tải lên: 07/03/2014, 02:20
IN THIS ISSUE: CLASSIFICATION OF FINANCIAL ASSETS AND LIABILITIES UNDER IFRS 9 pot
... recognition Financial assets under IFRS 9: Financial assets under IAS 39: amortised cost; and fair value through proit or loss; fair value held to maturity; loans and receivables; and available-for-sale ... contractual cash lows; and its contractual terms give rise to cash lows that are solely payments of principal and interest on the principal amount outstanding These tentative decisions are largely ... basis: under IFRS 9, inancial assets managed on a fair value basis cannot qualify for amortised cost measurement and therefore are mandatorily measured at fair value Certain hybrid instruments: under...
Ngày tải lên: 07/03/2014, 16:20
Báo cáo khoa học: "Japanese Named Entity Recognition based on a Simple Rule Generator and Decision Tree Learning" pdf
... candidates start at the same point, their ending points are compared and the longest candidate is selected Therefore, the candidates overlapping the selected candidate are removed from the candidate ... Message Understanding Conference Morgan Kaufmann Georgios Paliouras, Vangelis Karkaletsis, Georgios Petasis, and Constantine D Spyropoulos 2000 Learning decision trees for named-entity recognition and ... the candidate for the definition of According to this ordering, two candidates can have the same rank One of them might assert that a certain word is an organization’s name and another candidate...
Ngày tải lên: 08/03/2014, 05:20
Báo cáo khoa học: "Natural Language Generation as Planning Under Uncertainty for Spoken Dialogue Systems" pptx
... planning under uncertainty as classifier learning and re-ranking, e.g (Stent et al., 2004; Oh and Rudnicky, 2002) Supervised approaches involve the ranking of a set of completed plans/utterances and ... and Eric Horvitz 2000 Conversation as action under uncertainty In Proc of the 16th Conference on Uncertainty in Artificial Intelligence Joseph Polifroni and Marilyn Walker 2008 Intensional Summaries ... Janarthanam and Oliver Lemon 2008 User simulations for online adaptation and knowledgealignment in Troubleshooting dialogue systems In Proc of SEMdial Marilyn A Walker, Candace A Kamm, and Diane...
Ngày tải lên: 08/03/2014, 21:20
Cell Biology and Cancer under a contract from the National Institutes of Health doc
... knowledge and current understanding, prob lem-solving and critical-thinking skills, level of understanding of new information, communication skills, and ability to synthesize ideas and apply understanding ... Biology and Cancer should develop understanding of the cell • Cells store and use information to guide their functions Activities and • Cell functions are regulated Activity should develop understanding ... to Cell Biology and Cancer • personal and community health Activities 1, 4, and • natural and human-induced hazards Activities 1, 4, and 23 Ä Cell Biology and Cancer • science and technology in...
Ngày tải lên: 15/03/2014, 00:20
the oecd health project health technologies and decision making ppt
Ngày tải lên: 18/03/2014, 15:22
TECHNOLOGIES AND APPROACHES TO REDUCING THE FUEL CONSUMPTION OF MEDIUM- AND HEAVY-DUTY VEHICLES docx
... U.S., European, and Asian approaches to fuel economy and regulations; Chapters and review and assess technologies to reduce fuel consumption; Chapter assesses direct and indirect costs and benefits ... to undertake a study and develop a report that evaluates medium- and heavy-duty truck fuel economy The legislation The legislation uses both the terms fuel economy” and fuel efficiency.” Fuel ... and oil imports (e.g., energy security) and reducing fuel consumption in road transport Fuel taxes operate to make fuel- saving technologies more attractive and provide incentives for saving fuel...
Ngày tải lên: 22/03/2014, 10:20
Aging and decision making: a comparison between neurologically healthy elderly and young individuals ppt
... overconfidence and points above would show underconfidence Fig contains these scatters for both older and younger subjects, along with standard errors and significance tests for differences in accuracy and ... phenomenon (Camerer and Lovallo, 1999) The reasons for overconfidence when answering trivia questions are a subject of intense debate among decision theorists (Ayton and McClelland, 1997) Three prominent ... for the two groups (94 percent correct for the older population and 92 percent for the younger subjects) Decision making under uncertainty Two gambling tasks are employed The first task is a modified...
Ngày tải lên: 22/03/2014, 14:20
Management Accounting and Decision-Making doc
... is decision making Decisions which management must make may be classified as marketing, production, and financial Decisions may also be classified as strategic and tactical and long‑run and ... to classify decisions as: Strategic and tactical Short‑run and long-run Strategic and Tactical Decisions In management accounting, the objective is not necessarily to make the best decision but ... risk, and profit objective In setting goals and objectives, it is useful to distinguish between strategic and tactical decisions Strategic decisions are broad‑based, qualitative type of decisions...
Ngày tải lên: 23/03/2014, 00:20
Economic Partnership Agreements (EPAs) and Human Rights ppt
... report « understanding Global trade and Human Rights», FIDH, July 2005 Economic partnership agreement between eastern and southern African countries on one part and the European Community and its ... Commission on Human and Peoples' Rights urged States to “ensure that economic, social and cultural rights take primacy in the negotiations of bilateral and multilateral trade and economic agreements 4 ... of one of the objectives of the EU foreign and security policy « to develop and consolidate democracy and the rule of law, and respect for human rights and fundamental freedoms »8 Concerning the...
Ngày tải lên: 31/03/2014, 08:20
private real estate investment data analysis and decision making
... vision and understanding of that process READERS OF THIS BOOK Academic Undergraduate students will find the narrative and examples in the text manageable without higher mathematics or an understanding ... Investment Data Analysis and Decision Making Private Real Estate Investment Data Analysis and Decision Making Roger J Brown, PhD Director of Research Real Estate and Land Use Institute San Diego ... and numbers can be combined in the presence of uncertainty to make good decisions A FINAL THOUGHT ON PURPOSE There is an undertone of indifference and occasional hostility between academics and...
Ngày tải lên: 01/06/2014, 11:30