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qualitative Kosten-Nutzen-Analyse wird ein Markt für Risikoaustausch modelliert. Transaktionskosten werden simultan auf einem …
Persistent link: https://www.econbiz.de/10009429007
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, background risk, game theory, rationalizability, iterated strict dominance multi …
Persistent link: https://www.econbiz.de/10009432546
closely to the theory of convex risk measures. We show that the complexity of this approach is equivalent to that of solving a …
Persistent link: https://www.econbiz.de/10009475403
paper determines producer’s utility function and price processeswhere profit margin hedging is optimal. Profit margin … hedging is shown to be an optimalstrategy under a highly restricted target utility function even in an efficient market … utility of other strategy such as alwayshedging and selling at harvest strategies. A variance ratio test is conducted to test …
Persistent link: https://www.econbiz.de/10009443336
utility to risk-averse farmers. Our study is the first to evaluate the welfare implications for producers of the diversified …
Persistent link: https://www.econbiz.de/10009444824
The Utility Accommodation Policy (UAP) is a collection of the regulations and practices to control the utility … (2002) “Present FHWA regulations, policies, and practices dealing with utility relocation and accommodation matters have … imperative to develop a utility accommodation policy that reflects the current needs of the industry. The current utility …
Persistent link: https://www.econbiz.de/10009430748
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 utility functions. Utility guided pattern mining provides the twin benefits …
Persistent link: https://www.econbiz.de/10009431247
Users today are concerned about how their information is collected, stored and used by Internet sites. Privacy policy languages, such as the Platform for Privacy Preferences (P3P), allow websites to publish their privacy practices and policies in machine readable form. Currently, software agents...
Persistent link: https://www.econbiz.de/10009456721
expenditures for demand-side capacity options before the electric utility takes any of these actions. Once the Commission orders … certification of such an action by the electric utility, the utility can automatically recover, with certain exceptions, the costs …
Persistent link: https://www.econbiz.de/10009463395
expenditures for demand-side capacity options before the electric utility takes any of these actions. Once the Commission orders … certification of such an action by the electric utility, the utility can automatically recover, with certain exceptions, the costs …
Persistent link: https://www.econbiz.de/10009463431