Results 11 to 20 of about 1,835 (289)
Preference Reversals Without the Independence Axiom
American Economic Review, 1989 The preference reversal phenomenon was believed to be inconsistent with the transitivity axiom of decision theory. However, recent theoretical papers have demonstrated that the preference reversals that were observed in earlier experiments could be explained by subject violations of the independence axiom or the compound lottery axiom. Therefore, those
James C. Cox, Seth Epstein
openalex +2 more sources
Introducing Value Axiom for New Design Creations [PDF]
MATEC Web of Conferences, 2019 This paper proposes “Value Axiom” that states “The larger the sum of Customer Attribute values, the better the design.” A customer evaluates a design with the sum of the value produced by each Customer Attribute, expressing it with a monetary value such ...
Nakao Masayuki, Iino Kenji
doaj +1 more source
Independent axiom systems for nearlattices [PDF]
Czechoslovak Mathematical Journal, 2011 A nearlattice is a join semilattice such that every principal filter is a lattice with respect to the induced order. Hickman and later Chajda et al independently showed that nearlattices can be treated as varieties of algebras with a ternary operation satisfying certain axioms.
Araújo, J., Kinyon, M.
openaire +3 more sources
Monotonicity and independence axioms [PDF]
International Journal of Game Theory, 1980 Given σ, a family ofchoice problems, subsets ofR n representing the payoff vectors (measured in von Neumann-Morgenstern utility scales) attainable by a group ofn players, asolution f on σ associates to everyS in σ a unique elementf (S) ofS. Amonotonicity axiom specifies how the solution outcome should change when the
Thomson, W., Myerson, R. B.
openaire +1 more source
Formulation of an Agile Office Product: An Application of Axiomatic Design in Engineering [PDF]
MATEC Web of Conferences, 2019 Axiomatic Design was applied in an undergraduate student-led project which culminated in the creation of an agile ergonomic monitor stand, a solution designed to optimise the productivity and working conditions of the office environment.
Spalding Christopher +2 more
doaj +1 more source
Why choose wisely if you have already paid? Sunk costs elicit stochastic dominance violations [PDF]
Judgment and Decision Making, 2018 Sunk costs have been known to elicit violations of expected utility theory, in particular, the independence or cancellation axiom. Separately, violations of the stochastic dominance principle have been demonstrated in various settings despite the fact ...
Ryan K. Jessup +2 more
doaj +2 more sources
An axiomatic approach to the design and operation of a wood pellet production line [PDF]
MATEC Web of Conferences, 2019 With the recent search for sustainable energies, the use of forest residues has never been so important and profitable. Biomass production companies are in a constant search for new methods to reuse what is otherwise seen as waste.
Rodrigues Fábio +4 more
doaj +1 more source
Asymmetrically dominated choice problems, the isolation hypothesis and random incentive mechanisms. [PDF]
PLoS ONE, 2014 This paper presents an experimental study of the random incentive mechanisms which are a standard procedure in economic and psychological experiments. Random incentive mechanisms have several advantages but are incentive-compatible only if responses to ...
James C Cox +2 more
doaj +1 more source
Determining Design Characteristics of Automobile Seats Based On Fuzzy Axiomatic Design Principles [PDF]
International Journal of Computational Intelligence Systems, 2010 The performance of a product depends on if it is created in terms of expected functional requirements. A product is designed to satisfy some certain tasks. In this study, the design of an automobile seat is handled.
Selcuk Cebi, Cengiz Kahraman
doaj +1 more source
Hubcap and ignition switch designs - case studies in Independence Axiom
MATEC Web of Conferences, 2018 Independence Axiom offers designers a guide to good design. It declares that the design parameters (DPs) conceived for a good design must maintain the independence of the design functional requirements (FRs).
Oh Hilario (Larry)
doaj +1 more source