Download or read book Mathematical Topics on Representations of Ordered Structures and Utility Theory written by Gianni Bosi and published by Springer Nature. This book was released on 2020-01-23 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an essential review of central theories, current research and applications in the field of numerical representations of ordered structures. It is intended as a tribute to Professor Ghanshyam B. Mehta, one of the leading specialists on the numerical representability of ordered structures, and covers related applications to utility theory, mathematical economics, social choice theory and decision-making. Taken together, the carefully selected contributions provide readers with an authoritative review of this research field, as well as the knowledge they need to apply the theories and methods in their own work.
Download or read book Notes On The Theory Of Choice written by David Kreps and published by Routledge. This book was released on 2018-05-04 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Professor Kreps presents a first course on the basic models of choice theory that underlie much of economic theory. This course, taught for several years at the Graduate School of Business, Stanford University, gives the student an introduction to the axiomatic method of economic analysis, without placing too heavy a demand on mathematical sophistication.The course begins with the basics of choice and revealed preference theory and then discusses numerical representations of ordinal preference. Models with uncertainty come next: First is von Neumann?Morgenstern utility, and then choice under uncertainty with subjective uncertainty, using the formulation of Anscombe and Aumann, and then sketching the development of Savage's classic theory. Finally, the course delves into a number of special topics, including de Finetti's theorem, modeling choice on a part of a larger problem, dynamic choice, and the empirical evidence against the classic models.
Download or read book Multiple Criteria Decision Analysis written by Salvatore Greco and published by Springer. This book was released on 2016-02-18 with total page 1356 pages. Available in PDF, EPUB and Kindle. Book excerpt: In two volumes, this new edition presents the state of the art in Multiple Criteria Decision Analysis (MCDA). Reflecting the explosive growth in the field seen during the last several years, the editors not only present surveys of the foundations of MCDA, but look as well at many new areas and new applications. Individual chapter authors are among the most prestigious names in MCDA research, and combined their chapters bring the field completely up to date. Part I of the book considers the history and current state of MCDA, with surveys that cover the early history of MCDA and an overview that discusses the “pre-theoretical” assumptions of MCDA. Part II then presents the foundations of MCDA, with individual chapters that provide a very exhaustive review of preference modeling, along with a chapter devoted to the axiomatic basis of the different models that multiple criteria preferences. Part III looks at outranking methods, with three chapters that consider the ELECTRE methods, PROMETHEE methods, and a look at the rich literature of other outranking methods. Part IV, on Multiattribute Utility and Value Theories (MAUT), presents chapters on the fundamentals of this approach, the very well known UTA methods, the Analytic Hierarchy Process (AHP) and its more recent extension, the Analytic Network Process (ANP), as well as a chapter on MACBETH (Measuring Attractiveness by a Categorical Based Evaluation Technique). Part V looks at Non-Classical MCDA Approaches, with chapters on risk and uncertainty in MCDA, the decision rule approach to MCDA, the fuzzy integral approach, the verbal decision methods, and a tentative assessment of the role of fuzzy sets in decision analysis. Part VI, on Multiobjective Optimization, contains chapters on recent developments of vector and set optimization, the state of the art in continuous multiobjective programming, multiobjective combinatorial optimization, fuzzy multicriteria optimization, a review of the field of goal programming, interactive methods for solving multiobjective optimization problems, and relationships between MCDA and evolutionary multiobjective optimization (EMO). Part VII, on Applications, selects some of the most significant areas, including contributions of MCDA in finance, energy planning problems, telecommunication network planning and design, sustainable development, and portfolio analysis. Finally, Part VIII, on MCDM software, presents well known MCDA software packages.
Download or read book Development as Freedom written by Amartya Sen and published by Anchor. This book was released on 2011-05-25 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.
Download or read book Rationality and Freedom written by Amartya Sen and published by Harvard University Press. This book was released on 2004-03-30 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rationality and freedom are among the most profound and contentious concepts in philosophy and the social sciences. In this, the first of two volumes, Amartya Sen brings clarity and insight to these difficult issues.
Download or read book Flexible Approaches in Data Information and Knowledge Management written by Olivier Pivert and published by Springer. This book was released on 2013-09-12 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume showcases contributions from internationally-known researchers in the field of information management. Most of the approaches presented here make use of fuzzy logic, introduced by L.A. Zadeh almost 50 years ago, which constitute a powerful tool to model and handle gradual concepts. What all of these contributions have in common is placing the user at the center of the information system, be it for helping him/her to query a data set, to handle imperfect information, or to discover useful knowledge from a massive collection of data. Researchers working in data and knowledge management will greatly benefit from this collection of up-to-date studies. This may be also an invaluable source of information for postgraduate students interested in advanced information management techniques.
Download or read book NBER Macroeconomics Annual 2004 written by National Bureau of Economic Research and published by MIT Press. This book was released on 2005 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers by leading researchers consider such questions as the effect of government debt on interest rates; technology shocks, demand shocks, and output volatility; and procyclical macroeconomic policies in developing countries.
Download or read book Super Flexibility for Knowledge Enterprises written by Homa Bahrami and published by Springer. This book was released on 2014-07-26 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: strategy, but we also focus on execution. We talk about organizational design, and also refect on leadership practices. Our assumption is that in a dynamic world, leaders at all levels, have to constantly switch gears, wear different hats, and na- gate at different altitudes. They have to think about the “total” enterprise, not in terms of compartmentalized silos or felds of functional expertise. Much like a g- eral contractor, they have to draw on specialized expertise, as and when needed, yet keep the big picture in mind. Our hope is that our diagnostic tools can help teams develop a shared frame of reference and generate cross-functional dialogue. The third driving force behind this second edition is the gradual convergence between the worlds of entrepreneurial start-ups and challenges facing established corporations. Innovation, agility, and initiative are no longer the exclusive preserve of start-ups. Established companies are looking for ways to re-invent themselves, to innovate, to think creatively, and to make their enterprises more fexible, agile and entrepreneurial. We have had the good fortune to sit at the intersection of these two worlds. We hope our ideas can beneft both groups. We set out to provide a “buffet table”, a menu of options that can be helpful for the two ends of the spectrum.
Download or read book Freedom in Economics written by Marc Fleurbaey and published by Routledge. This book was released on 2002-01-22 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a range of papers by philosophers and economists who consider the definition and value of liberty; freedom in rights and equality of opportunity. Until recently freedom has played no explicit role in the conceptual framework of economists, however freedom seems to be at the heart of economics. The book provides a substantial contribution to the fruitful dialogue between the philosophy and economics in this area. Each chapter is integrated being followed by comments which explore the underlying debates. Contributors are French economists, philosophers and political scientists, as well as authors from Belgium and the Netherlands.
Download or read book Agency Freedom and Choice written by Constanze Binder and published by Springer. This book was released on 2019-03-29 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Binder shows that at the heart of the most prominent arguments in favour of value-neutral approaches to overall freedom lies the value freedom has for human agency and development. Far from leading to the adoption of a value-neutral approach, however, ascribing importance to freedom’s agency value requires one to adopt a refined value-based approach. Binder employs an axiomatic framework in order to develop such an approach. She shows that a focus on freedom’s agency value has far reaching consequences for existing results in the freedom ranking literature: it requires one to move beyond a person’s given all-things-considered preferences to the values underlying a person’s preference formation. Furthermore, it requires, as Binder argues, one to account (only) for those differences between choice options which really matter to people. Binder illustrates the implications of her analysis for the evaluation of public policy and human development with the capability approach: only if sufficient importance is ascribed to freedom’s agency value can the capability approach keep its promises.
Download or read book Handbook of Social Choice and Welfare written by Kenneth J. Arrow and published by Elsevier. This book was released on 2010-10-13 with total page 985 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second part of a two-volume set continues to describe economists' efforts to quantify the social decisions people necessarily make and the philosophies that those choices define. Contributors draw on lessons from philosophy, history, and other disciplines, but they ultimately use editor Kenneth Arrow's seminal work on social choice as a jumping-off point for discussing ways to incentivize, punish, and distribute goods. - Develops many subjects from Volume 1 (2002) while introducing new themes in welfare economics and social choice theory - Features four sections: Foundations, Developments of the Basic Arrovian Schemes, Fairness and Rights, and Voting and Manipulation - Appeals to readers who seek introductions to writings on human well-being and collective decision-making - Presents a spectrum of material, from initial insights and basic functions to important variations on basic schemes
Download or read book Working Paper written by and published by . This book was released on 1992 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Utility Theory written by Salvador Barbera and published by Springer Science & Business Media. This book was released on 2004-03-31 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard rationality hypothesis is that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of the social sciences. Though this hypothesis of utility maximization deserves our continued respect, finding further refinements and developing new critiques remain areas of active research. In fact, many fundamental conceptual problems remain unsettled. Where others have been resolved, their resolutions may be too recent to have achieved widespread understanding among social scientists. Last but not least, a growing number of papers attempt to challenge the rationality hypothesis head on, at least in its more orthodox formulation. The main purpose of this Handbook is to make more widely available some recent developments in the area. Yet we are well aware that the final chapter of a handbook like this can never be written as long as the area of research remains active, as is certainly the case with utility theory. The editors originally selected a list of topics that seemed ripe enough at the time that the book was planned. Then they invited contributions from researchers whose work had come to their attention. So the list of topics and contributors is largely the editors' responsibility, although some potential con tributors did decline our invitation. Each chapter has also been refereed, and often significantly revised in the light of the referees' remarks.
Download or read book Flexible Query Answering Systems written by Troels Andreasen and published by Springer. This book was released on 2003-06-30 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: ThisvolumeconstitutestheproceedingsoftheFifthInternationalConferenceon Flexible Query Answering Systems, FQAS 2002, held in Copenhagen, Denmark on October 27–29, 2002. FQAS is the premier conference for researchers and practitioners concerned with the vital task of providing easy, ?exible, and intuitive access to information for every type of need. This multidisciplinary conference draws on several re- arch areas, including databases, information retrieval, knowledge representation, soft computing, multimedia, and human–computer interaction. Previous FQAS events were held in 1994, 1996, 1998, and 2000. The overall theme of the FQAS conferences is innovative query systems - medatprovidingeasy,?exible,andintuitiveaccesstoinformation.Suchsystems are intended to facilitate retrieval from information repositories such as data- ses,libraries,andtheWorld-WideWeb.Theserepositoriesaretypicallyequipped with standard query systems which are often inadequate, and the focus of FQAS is the development of query systems that are more expressive, informative, c- perative, and productive. These proceedings contain 29 original papers that relate to the topic of users posing queries and systems producing answers. The papers cover the ?elds: - tabase Management, Information Retrieval, Domain Modeling, Knowledge - presentation and Ontologies, Knowledge Discovery and Data Mining, Arti?cial Intelligence, Classical and Non-classical Logics, Computational Linguistics and Natural Language Processing, Multimedia Information Systems, and Human– Computer Interaction. We wish to thank the contributors for their excellent papers and the referees, publisher, and sponsors for their e?ort. Special thanks also to the invited sp- kers, members of the Advisory Board, and members of the Program Committee. They made the success of FQAS 2002 possible.
Download or read book Flexible Query Answering Systems written by Henrik Legind Larsen and published by Springer Science & Business Media. This book was released on 2006-05-30 with total page 730 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceeding of the 7th International Conference on Flexible Query Answering Systems, FQAS 2006, held in Milan, Italy in June 2006. The 60 revised full papers presented were carefully reviewed and selected from numerous submissions. The papers are organized in topical sections on flexibility in database management and quering, vagueness and uncertainty in XML quering and retrieval, information retrieval and filtering, multimedia information access, user modeling and personalization, knowledge and data extraction, intelligent information extraction from text, and knowledge representation and reasoning.
Download or read book Uncertain Decisions written by Luigi Luini and published by Springer Science & Business Media. This book was released on 1999 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uncertain Decisions: Bridging Theory and Experiments presents advanced directions of thinking on decision theory - in particular the more recent contributions on non-expected utility theory, fuzzy decision theory and case-based theory. This work also provides theoretical insights on measures of risk aversion and on new problems for general equilibrium analysis. It analyzes how the thinking that underlies the theories described above spills over into real decisions, and how the thinking that underlies these real decisions can explain the discrepancies between theoretical approaches and actual behavior. This work elaborates on how the most recent laboratory experiments have become an important source both for evaluating the leading theory of choice and decision, and for contributing to the formation of new models regarding the subject.
Download or read book Game Theory written by Danijela Tuljak-Suban and published by BoD – Books on Demand. This book was released on 2018-09-26 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a wide range of examples of the uses of game theory, even in situations where such application may seem unsuitable. This book explores cooperative, competitive, leader-follower games and the free-rider problem - as well as games with the aim of maintaining friendships or team work. The reader will be presented with a wide range of practical applications of game theory.
