The independence axiom and asset returns [PDF]
This paper integrates models of atemporal risk preference that relax the independence axiom into a recursive intertemporal asset-pricing framework. The resulting models are amenable to empirical analysis using market data and standard Euler equation methods.
Larry G. Epstein, Stanley E. Zin
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A novel human-centred approach using Axiomatic Design and Kansei engineering for designing physically and cognitively safe human-robot collaborative workstations [PDF]
Human-centred design of collaborative human–robot (HRC) workspaces is central to Industry 5.0. While proximity with collaborative robots offers productivity and flexibility gains, it also raises concerns for both physical safety and cognitive ergonomics.
A. Bonello +4 more
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The Axioms Independence of Pseudo-Weak-R0 Algebras and Filters [PDF]
The most simplified axiom systems of pseudo-weak-R0 algebras and pseudo-R0 algebras are obtained, and the mutually independence of axioms is proved. We introduce the notions of filters and normal filters in pseudo-weak-R0 algebras.
Yong Lin Liu
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Independence Axioms for Water Allocation [PDF]
We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently distributes the river water over the agents and wastes no money ...
René van den Brink +3 more
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Analysis of Pollination Process between Flowers and Honeybees to Derive Insights for the Design of Microrobots [PDF]
Pollination is a crucial ecological process with far-reaching impacts on natural and agricultural systems. Approximately 85% of flowering plants depend on animal pollinators for successful reproduction.
Pratap Sriram Sundar +2 more
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Independence of Faris-rejection-axioms. [PDF]
Ivo Thomas
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Risky choice: Probability weighting explains independence axiom violations in monkeys. [PDF]
Ferrari-Toniolo S, Seak LCU, Schultz W.
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"Expected Utility" Analysis without the Independence Axiom [PDF]
Mark J. Machina
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A Model for Designing and Evaluating LARG-Based Supply Chain Using Axiomatic Design and the Best-Worst Method in a Hesitant Fuzzy Environment [PDF]
There have been various approaches to the supply chain such as lean, agile, robustness, sustainability, resilient, and green that each one focuses on supply chain from specific aspect.
Abedin Eftekhari +2 more
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Khinchin’s Fourth Axiom of Entropy Revisited
The Boltzmann–Gibbs–Shannon (BGS) entropy is the only entropy form satisfying four conditions known as Khinchin’s axioms. The uniqueness theorem of the BGS entropy, plus the fact that Shannon’s mutual information completely characterizes independence ...
Zhiyi Zhang, Hongwei Huang, Hao Xu
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