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<Para ID="Par1">Starting from a likelihood function and a prior information represented by a belief function, a closed form expression is provided for the lower envelope of the set of all the possible “posterior probabilities” in finite spaces. The same problem, removing the hypothesis of finiteness for the...</para>
Persistent link: https://www.econbiz.de/10011151901
Reputation is an intangible asset that directly affects the market value of the firm. Reputation is built on the trust established with all stakeholders through past behaviour. Reputation may prove resilient, yet even minor misconducts, if repeated, can lead to downfall. We propose an...
Persistent link: https://www.econbiz.de/10011015114
This paper discusses models of choice under imprecise objective probabilistic information featuring beliefs about beliefs -- second order beliefs. A new model, called Second Order Dual Expected Utility (SODEU) featuring non-additive second order beliefs is introduced, axiomatized and...
Persistent link: https://www.econbiz.de/10011019202
Persistent link: https://www.econbiz.de/10008925912
This paper discusses models of choice under imprecise objective proba- bilistic information featuring beliefs about beliefs - second order beliefs. A new model, called Second Order Dual Expected Utility (SODEU) featuring non-additive second order beliefs is introduced, axiomatized and systemati-...
Persistent link: https://www.econbiz.de/10009021746
Pursuing our previous work in which the classical notion of increasing convex stochastic dominance relation with respect to a probability has been extended to the case of a normalised monotone (but not necessarily additive) set function also called a capacity, the present paper gives a...
Persistent link: https://www.econbiz.de/10009368022
Modelling an attack tree is basically a matter of associating a logical "and" and a logical "or" but in most of real world applications related to fraud management the "and/or"logic is not adequate to effectively represent the relationship between a parent node and its children, most of all when...
Persistent link: https://www.econbiz.de/10009321757
We propose to extend the aggregation scheme of Saaty's AHP, from the standard weighted averaging to the more general Choquet integration. In our model, a measure of inconsistency between criteria is derived from the main pairwise comparison matrix and it is used to construct a non-additive...
Persistent link: https://www.econbiz.de/10009321760
Persistent link: https://www.econbiz.de/10009327410
The major industrial control purpose is the reaching of the expected performances. In this sense, improvement processes are continuously carried out in order to define the right actions with regard to the objectives achievement. Thus, in order to better monitor the performance continuous...
Persistent link: https://www.econbiz.de/10009352823