Results 71 to 80 of about 73,476 (218)

Optimising risk reduction: An expected utility approach for marginal risk reduction during regulatory decision making [PDF]

, 2009
In practice, risk and uncertainty are essentially unavoidable in many regulation processes. Regulators frequently face a risk-benefit trade-off since zero risk is neither practicable nor affordable.
Kendall, Graham, Pollard, Simon, Li, Jiawei W., Davies, Gareth, Soane, Emma, Davies, Gareth J., Li, Jiawei, Pollard, Simon J. T.   +7 more
core   +1 more source

Using multi-attribute utility theory to select an information technology (IT) infrastructure for learning object repositories (LOR)

GEPROS: Gestão da Produção, Operações e Sistemas, 2014
The purpose of this article is to apply the methodology to structure the decision problem and select an appropriate LOR architecture. This reflected in the need to invest and improve the technology for educational organizations.
Guilherme Bizarro Salve, Vanessa Ribeiro Campos, Edson Walmir Cazarini   +2 more
doaj  

Combination of Response to Criteria Weighting Method and Multi-Attribute Utility Theory in the Decision Support System for the Best Supplier Selection

Journal of Information and Technology
Choosing the right supplier is a strategic factor in supporting operational efficiency and a company's competitive advantage. This process requires a decision support system that is able to assess various alternatives objectively and in a structured ...
Faruk Ulum, Junhai Wang, Dyah Ayu Megawaty, Ari Sulistiyawati, Riska Aryanti, Sumanto Sumanto, Setiawansyah Setiawansyah   +6 more
doaj   +1 more source

Multivariate concave and convex stochastic dominance [PDF]

Stochastic dominance permits a partial ordering of alternatives (probability distributions on consequences) based only on partial information about a decision maker’s utility function.
EECKHOUDT, Louis, WINKLER, Robert L., DENUIT, Michel, TSETLIN, Ilia   +3 more
core  

Multiattribute Risk Linearity

In applying multiattribute utility theory, one typically assumes the condition of mutual utility independence and uses a multiattribute utility function that is additive or multiplicative.
Charles M. Harvey
core   +1 more source

Post-Menopausal Quality of Life Claims: Overlooking the Requirements of Normal Science and Fundamental Measurement in ICER'S Cost-Effectiveness Assessment of Fezolinetant for Moderate to Severe Vasomotor Symptoms. [PDF]

Innov Pharm, 2023
Langley PC.
europepmc   +1 more source

Tests of Utility Independence When Health Varies over Time [PDF]

In the conventional QALY model, people's preferences are assumed to satisfy utility independence. When health varies over time, utility independence implies that the value attached to a health state is independent of the health state that arise before or
Anne Spencer, Angela Robinson
core  

Risk Aversion in Cumulative Prospect Theory [PDF]

This paper characterizes the conditions for risk aversion in cumulative prospect theory where risk aversion is defined in the strong sense (Rothshild Stiglitz 1970).
Horst Zank, Schmidt, Ulrich
core  

Sistemática para avaliação multicriterial de investimentos no desenvolvimento de produtos A systematic analysis for multi-criteria evaluation of product development investments

Production, 2011
Este artigo apresenta uma sistemática para avaliação multicriterial de investimentos associados ao desenvolvimento de produtos. A sistemática proposta se apoia nos critérios-chave a serem considerados na tomada de decisão. Ela é baseada na utilização dos
Alejandro Germán Frank, Diego Vinicius Souza, Márcia Elisa Echeveste, José Luis Duarte Ribeiro   +3 more
doaj  

Cumulative Prospect Theory for Parametric and Multiattribute Utilities

In cumulative prospect theory models, different behavior concerning gains and losses is per-mitted. For gains different decision weights are assigned than for losses, and the shape of utility can reveal loss aversion.
Zank,H.
core