Showing 1 - 9 of 9
This paper generalizes the standard long memory modeling by assuming that the long memory parameter d is stochastic and time varying: we introduce a STAR process on this parameter characterized by a logistic function. We propose an estimation method of this model. Some simulation experiments are...
Persistent link: https://www.econbiz.de/10008793582
In this paper we deal with the set of $k$-additive belieffunctions dominating a given capacity. We follow the lineintroduced by Chateauneuf and Jaffray for dominating probabilities and continued by Grabisch for general $k$-additive measures.First, we show that the conditions for the general...
Persistent link: https://www.econbiz.de/10010750953
Multi-criteria decision analysis studies decision problems in which the alternatives are evaluated on several dimensions or viewpoints. In the problems we consider in this paper, the scales used for assessing the alternatives with respect to a viewpoint are bipolar and univariate or unipolar and...
Persistent link: https://www.econbiz.de/10010738479
In recent years the field of decision analysis has been heavily influenced by the "analytics'' perspective, which integrates advanced data-mining and learning methods, often associated with increasing access to "Big-Data", with decision support systems. This rapidly growing and very successful...
Persistent link: https://www.econbiz.de/10010821195
Learning – i.e. the acquisition of new information that leads to changes in our assessment of uncertainty – plays a prominent role in the international climate policy debate. For example, the view that we should postpone actions until we know more continues to be influential. The latest work...
Persistent link: https://www.econbiz.de/10008793145
: they consider that utilitarianism deals with 'utility' but disregards justice. Such an interpretation appears when they …
Persistent link: https://www.econbiz.de/10009367989
utilitarianism to preferences utilitarianism and towards post-welfarist approaches is the following. Utility is defi-ned normatively …
Persistent link: https://www.econbiz.de/10010821180
Drawing on passages in Book II of the Treatise of Human Nature (1739-40), in the Enquiry Concerning the Principles of Morals (1751), in the Dissertation on the Passions (1757), and in some of the Essays (1777), this paper is built upon Hume's distinction between three alternative valuations of...
Persistent link: https://www.econbiz.de/10008790949
this theorem to explain the well-known problems of utility and decision theories, such as risk aversion, the underweighting …
Persistent link: https://www.econbiz.de/10010899454