Showing 1 - 10 of 10
When two students with the same score are competing for the last slot at a university programme in a central admission scheme then different policies may apply across countries. In Ireland only one of these students is admitted by a lottery. In Chile both students are admitted by slightly...
Persistent link: https://www.econbiz.de/10014554950
The minimum sum-of-squares clusering is the most widely used clustering method. The minimum sum-of-squares clustering is usually solved by the heuristic KMEANS algorithm, which converges to a local optimum. A lot of effort has been made to solve such kind of problems, but a mixed integer linear...
Persistent link: https://www.econbiz.de/10014554951
Estimating missing judgements is a key component in many multi-criteria decision making techniques, especially in the Analytic Hierarchy Process. Inspired by the Koczkodaj inconsistency index and a widely used solution concept of cooperative game theory called the nucleolus, the current study...
Persistent link: https://www.econbiz.de/10014554952
A cikkben bemutatunk egy módszert országok (vagy egyéb kockázatközösségek) halandósági mintázataik alapján történő csoportosítására (klaszterezésére). A bemutatandó módszer a görbék klaszterezésén alapul, ami viszonylag új területnek számít az adatelemzésben. A...
Persistent link: https://www.econbiz.de/10014554953
In a two-sided matching market when agents on both sides have preferences the stability of the solution is typically the most important requirement. However, we may also face some distributional constraints with regard to the minimum number of assignees or the distribution of the assignees...
Persistent link: https://www.econbiz.de/10014554956
The college admission problem (CAP) has been studied extensively in the last 65 years by mathematicians, computer scientists and economists following the seminal paper of Gale and Shapley (1962). Their basic algorithm, the so called deferred acceptance mechanism always returns a student optimal...
Persistent link: https://www.econbiz.de/10014554957
We develop Integer Programming (IP) solutions for some special college admission problems arising from the Hungarian higher education admission scheme. We focus on four special features, namely the solution concept of stable score-limits, the presence of lower and common quotas, and paired...
Persistent link: https://www.econbiz.de/10014554983
In a two-sided matching market when agents on both sides have preferences the stability of the solution is typically the most important requirement. However, we may also face some distributional constraints with regard to the minimum number of assignees or the distribution of the assignees...
Persistent link: https://www.econbiz.de/10014562719
Our research is conducted to identify certain grouping of 24 European countries based on their death probabilities. Gathering 2014 data from Human Mortality Database our research objective was twofold. First, we wanted to find homogeneous groups of countries where mortality is similar and for a...
Persistent link: https://www.econbiz.de/10014562722
Bonus-malus system is an often used risk management tool in the insurance industry, and it is usually modeled with Markov chains. Under mild conditions it can be stated that the bonus-malus system converges to a unique stationary distribution in the long run. The maximum likelihood ratio...
Persistent link: https://www.econbiz.de/10014562723