Results 131 to 140 of about 154,449 (307)
Dynamically consistent Choquet random walk and real investments [PDF]
In the real investments literature, the investigated cash flow is assumed to follow some known stochastic process (e.g. Brownian motion) and the criterion to decide between investments is the discounted utility of their cash flows.
André Lapied, Robert Kast
core +3 more sources
Discounted Subjective Expected Utility in Continuous Time
By embedding uncertainty into time, we obtain a conjoint axiomatic characterization of both Exponential Discounting and Subjective Expected Utility that accommodates arbitrary state and outcome spaces. In doing so, we provide a novel and simple time-interpretation of subjective probability.
Bastianello, Lorenzo +1 more
openaire +2 more sources
The Anatomical Record, EarlyView.Osteohistological sampling on different bones of theropod dinosaur documents discrepant age record, growth, and metabolism. This could result unprecise paleobiological inferences if samplings are based on single bones. However, multi‐bone sampling can attenuate these discrepancies, helping to infer growth dynamics and physiology of these extinct ...
Geovane Alves de Souza +3 more
wiley +1 more source
Discounting and Future Selves [PDF]
Is discounting of future instantaneous utilities consistent with altruism towards future selves? More precisely, can temporal preferences, expressed as a sum of discounted instantaneous utilities, be derived from a representation in the form of a sum of ...
Sáez-Martí, María +1 more
core
Risk‐aware safe reinforcement learning for control of stochastic linear systems
Asian Journal of Control, EarlyView.Abstract This paper presents a risk‐aware safe reinforcement learning (RL) control design for stochastic discrete‐time linear systems. Rather than using a safety certifier to myopically intervene with the RL controller, a risk‐informed safe controller is also learned besides the RL controller, and the RL and safe controllers are combined together ...
Babak Esmaeili +2 more
wiley +1 more source
Optimal Time to Sell in Real Estate Portfolio Management [PDF]
This paper examines the properties of optimal times to sell a diversified real estate portfolio. The portfolio value is supposed to be the sum of the discounted free cash flows and the discounted terminal value (the discounted selling price).
Fabrice Barthélémy, Jean-Luc Prigent
core
Regional Shopping Objectives in British Grocery Retail Transactions Using Segmented Topic Models
Applied Stochastic Models in Business and Industry, EarlyView.ABSTRACT Understanding the customer behaviours behind transactional data has high commercial value in the grocery retail industry. Customers generate millions of transactions every day, choosing and buying products to satisfy specific shopping needs.
Mariflor Vega Carrasco +4 more
wiley +1 more source
BMJ OpenObjectives We sought to extrapolate the long-term costs and clinical impacts attributed to the rugby fans in training–New Zealand (RUFIT-NZ) trial in Aotearoa, New Zealand.Design A modelled cost-effectiveness analysis using efficacy data from RUFIT-NZ ...
Kate Hunt +12 more
doaj +1 more source
Biofuels, Bioproducts and Biorefining, EarlyView.Abstract Iraq currently faces a significant electricity deficit estimated at approximately 18 000 MW, resulting in frequent and sometimes prolonged power outages that disrupt both economic activities and social life. The widening gap between energy supply and demand, combined with environmental concerns associated with fossil fuel consumption ...
Safaa Malik Abbas +3 more
wiley +1 more source
Avoiding Extinction: Equal Treatment of the Present and the Future [PDF]
Equal treatment for the present and the future was required in two axioms introduced in Chichilnisky [12] [15]. We provide a characterization of the decision criterion that satisfy the axioms and show that the two axioms are equivalent to physical limits
Graciela Chichilnisky
core