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Comparison of Mean-Variance Theory and Expected-Utility Theory through a Laboratory Experiment [PDF]
In the 40's and early 50''s two decision theories were proposed and have dominated the scene of the fascinating field of decision-making. Since 1944 - when von Neumann and Morgenstern showed that if preferences are consistent with a set of axioms then it
Andrea Morone
core +3 more sources
BUILDING AND DEVELOPING A PROJECT TEAM ON THE BASIS OF A MULTICRITERIA MODEL
Сучасний стан наукових досліджень та технологій в промисловості, 2017 The subject matter of the article is mathematical models for solving particular problems of selecting candidates for building a project team. The goal is to develop formalized models and methods for assessing the level of the generalized social and ...
Nataliia Kosenko, Alona Kolomiiets
doaj +1 more source
International Journal of Agricultural Sustainability, 2022 Achieving a sustainable agricultural system requires an effective assessment of economic, environmental, and social conditions. Existing research has mainly focused on a single sector and lacks critical comparisons of determinants and trade-offs between ...
Carlos Moreno-Miranda, Liesbeth Dries
doaj +1 more source
FEBS Letters, EarlyView.An unexpected alternative interaction site for ethyl viologen was identified in formate dehydrogenase 1 from Methylorubrum extorquens. Combined mutagenesis, kinetic analysis, and docking revealed that aromatic residues near an iron–sulfur cluster enable flavin mononucleotide‐independent electron transfer, offering a framework for engineering improved ...
Eleni G. Poloniataki, Yong Hwan Kim
wiley +1 more source
Decision Analysis for Transporting Critically Ill Patients with Cardiovascular Diseases
Engineered ScienceTransporting critically ill patients with cardiovascular diseases is often difficult due to patient’s health condition and the remoteness of the cardiac centers. In countries with large territories, cardiovascular patients often require transportation to
Yerbolat N. Kalpakov +2 more
doaj +1 more source
THE VALUE OF MONEY AND THE FLAW-OF-AVERAGES
South African Journal of Industrial Engineering, 2018 Given the state of uncertainty in the world, decision analysis and decision-making under conditions of uncertainty are becoming more important. However, any rational decision-making requires a criterion on which to base the decision — which implies the ...
Kruger, Paul , Yadavalli, Sarma
doaj +1 more source
, 2015 This study presented a conceptual framework based on Expected Utility Theory (EUT) and Theory of Planned Behavior (TPB) to study farmers’ decision on adoption of innovations.
J. Borges, L. Foletto, V. T. Xavier
semanticscholar +1 more source
FEBS Letters, EarlyView.The physical dimensions and shape of bacterial cells define the surface area available to acquire nutrients and the volume available for synthesizing proteins and DNA. Here, we use computational systems biology to decode the importance of cell geometry as a major determinant of prokaryotic phenotype, including growth rate and metabolic efficiency. This
Ross P. Carlson +6 more
wiley +1 more source
A Utilitarian Decision—Making Approach for Front End Design—A Systematic Literature Review
Buildings, 2020 The complexity of construction processes often means interaction between various stakeholders, activities and tasks in order to deliver the expected outcomes.
Joas Serugga +2 more
doaj +1 more source
FEBS Letters, EarlyView.Proteostasis and the gut microbiota play a key role in shaping host physiology. Microbiota‐derived metabolites, vitamins, and RNA modulate host proteostasis. Findings from model systems, including C. elegans, indicate microbes can either stabilize or disrupt host proteostasis.
Abhishek Anil Dubey, Maria Ermolaeva
wiley +1 more source