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Towards Inference and Learning in Dynamic Bayesian Networks using Generalized Evidence

Langmead, Christopher J. - 2008

This report introduces a novel approach to performing inference and learning in Dynamic Bayesian Networks (DBN). The traditional approach to inference and learning in DBNs involves conditioning on one or more finite-length observation sequences. In this report, we consider conditioning on what...

Persistent link: https://www.econbiz.de/10009441211

The Ombudsman: Value of Expertise for Forecasting Decisions in Conflicts

Green, Kesten C.; Armstrong, J. Scott - 2007

In important conflicts such as wars and labor-management disputes, people typically rely on the judgment of experts to predict the decisions that will be made. We compared the accuracy of 106 forecasts by experts and 169 forecasts by novices about eight real conflicts. The forecasts of experts...

Persistent link: https://www.econbiz.de/10009439172

Whose Money? Whose Time? A Nonparametric Approach to Modeling Time Spent on Housework

Gupta, Sanjiv; Ash, Michael - 2006

We argue that earlier quantitative research on the relationship between heterosexual partners’ earnings and time spent on housework has two basic flaws. First, it has focused on the effects of women’s shares of couples’ total earnings on their housework, and has not considered the simpler...

Persistent link: https://www.econbiz.de/10009467900

Bargaining Chains (Long Version)

Lovejoy, William S. - 2010

competition. We develop a bargaining-based solution to the negotiations between two adjacent multi-firm tiers and show its … consistency with familiar solution concepts from the theories of bargaining and cooperative games. We then link up multiple … bargaining modules to generate chain-wide predictions for efficiency and profitability in supply chains with an arbitrary number …

Persistent link: https://www.econbiz.de/10009476922

Compliance with international food safety standards as an outcome of a Nash bargaining process: a case study on Kenyan small scale green beans farms

Nimenya, Nicodeme; de Frahan, Bruno Henry; Ndimira, … - 2009

use the Nash bargaining theory where the exporter and a representative grower bargain over the product quality level and …

Persistent link: https://www.econbiz.de/10009446384

Compensatory Transfers in Two-Player Decision Problems

Green, Jerry - 2005

axioms. The paper presents and justifies these axioms and compares them to related conditions used in other bargaining … contexts. In Nash Bargaining Theory, the axioms analogous to these three are in conflict with each other. In contrast, in the …

Persistent link: https://www.econbiz.de/10009431894

A Price Theory of Legal Bargaining: An Inquiry into the Selection of Settlement and Litigation Under Uncertainty

Rhee, Robert J. - 2006

Conventional wisdom says that economic surplus is created when the cost of litigation is foregone in favor of settlement, a theory flowing from the Coase Theorem. The cost-benefit analysis weighs settlement against the expected value of litigation net of transaction cost. This calculus yields...

Persistent link: https://www.econbiz.de/10009432053

14.123 Microeconomic Theory III, Spring 2009

Eso, Peter - 2009

This half-semester course discusses decision theory and topics in game theory. We present models of individual decision-making under certainty and uncertainty. Topics include preference orderings, expected utility, risk, stochastic dominance, supermodularity, monotone comparative statics,...

Persistent link: https://www.econbiz.de/10009432546

Costly decisions and sequential bargaining

Costain, James S. - 2017

must react to the choices of others. Here, the model of costly choice is applied to a sequential bargaining game. The game … game. Numerical simulations of bargaining equilibria closely resemble those of the Binmore, Rubinstein, and Wolinsky (1983 …

Persistent link: https://www.econbiz.de/10012530572

Norms in bargaining : evidence from government formation in Spain

Fujiwara, Thomas; Sanz, Carlos

multilateral bargaining and coalition formation applied to legislatures predict that parties’ seat shares determine their … bargaining power. We present findings that are difficult to reconcile with this prediction. We use data from 2,898 municipal …

Persistent link: https://www.econbiz.de/10012530583