This work is an initial exploration of the use of the decision-theoretic concept of utility to guide pattern mining. We present the use of utility functions as against thresholds and constraints as the mechanism to express user preferences and formulate several pattern mining problems that use...

Existing preference reasoning systems have been successful insimple domains. Broader success requires more natural and moreexpressive preference representations. This thesis develops arepresentation of logical preferences that combines numericaltradeoff ratios between partial outcome...

The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income and individual measures of subjective well-being. This...

Maximizing the probability of bypassing an aspiration level, and taking increasing risks to recover previous losses are well-documented behavioral tendencies. They are compatible with individual utility functions that are S-shaped, as suggested in Prospect Theory (Kahneman and Tversky 1979). We...

We consider an agent who invests in a stock and a money market in order to maximize the asymptotic behaviour of expected utility of the portfolio market price in the presence of proportional transaction costs. The assumption that the portfolio market price is a geometric Brownian motion and the...

In this paper we analyse the effects arising from imposing a Value-at-Risk constraint in an agent's portfolio selection problem. The financial market is incomplete and consists of multiple risky assets (stocks) plus a risk-free asset. The stocks are modelled as exponential Brownian motions with...