Search Results - subject:"Decision Processes"

Aiding decision making to reduce the impacts of climate change

Kunreuther, Howard; Weber, Elke U. - In: Journal of consumer policy : consumer issues in law, … 37 (2014) 3, pp. 397-411

Persistent link: https://www.econbiz.de/10010479490

Individual manager experience influences on reverse auction use

Hawkins, Timothy G.; Gravier, Michael J. - In: International journal of procurement management 7 (2014) 6, pp. 719-749

Persistent link: https://www.econbiz.de/10011280896

Flexible Decision Control in an Autonomous Trading Agent

Collins, Collins, J.; Ketter, Ketter, W.; Gini, Gini, M. - Erasmus Research Institute of Management (ERIM), … - 2007

support a research agenda. We describe the structure of decision processes in the MinneTAC trading agent, focusing on the use …, and how those decision processes can be modified in useful ways by changing evaluator configurations. To put this work in …

Persistent link: https://www.econbiz.de/10010837619

Simulating the Effect of Social Influence on Decision-Making in Small, Task-Oriented, Groups

Wilson, Roy - In: Journal of Artificial Societies and Social Simulation 10 (2007) 4, pp. 4-4

This paper describes a simulation study of decision-making. It is based on a model of social influence in small, task-oriented, groups. A process model of dyadic social influence is built on top of a dynamic model of status and task participation that describes the emergence of a stable power...

Persistent link: https://www.econbiz.de/10004983512

Stochastic Growth Models With No Discounting

Sladký, Karel - In: Acta Oeconomica Pragensia 2007 (2007) 4, pp. 88-98

In this note, we consider in discrete time the Ramsey growth model without discounting under stochastic uncertainty modelled by Markov processes. To make the model computationally tractable we shall consider finite state approximations of the original model. Properties of policies maximizing...

Persistent link: https://www.econbiz.de/10005036418

Another Look at the Identification of Dynamic Discrete Decision Processes: With an Application to Retirement Behavior

Aguirregabiria, Victor - University of Toronto, Department of Economics - 2007

This paper deals with the estimation of the behavioral and welfare effects of counterfactual policy interventions in dynamic structural models where all the primitive functions are nonparametrically specified (i.e., preferences, technology, transition rules, and distribution of unobserved...

Persistent link: https://www.econbiz.de/10005771684

Flexible Decision Control in an Autonomous Trading Agent

Collins, J.; Ketter, W.; Gini, M. - Erasmus Research Institute of Management (ERIM), ERIM … - 2007

support a research agenda. We describe the structure of decision processes in the MinneTAC trading agent, focusing on the use … decisions, and how those decision processes can be modified in useful ways by changing evaluator configurations. To put this … economic environment and support a research agenda. We describe the structure of decision processes in the MinneTAC trading …

Persistent link: https://www.econbiz.de/10005288723

Another Look at the Identification of Dynamic Discrete Decision Processes: With an Application to Retirement Behavior

Aguirregabiria, Victor - Society for Economic Dynamics - SED - 2006

This paper presents a method to estimate the effects of a counterfactual policy intervention in the context of dynamic structural models where all the structural functions (i.e., preferences, technology, transition probabilities, and the distribution of unobservable variables) are...

Persistent link: https://www.econbiz.de/10005069341

Semi-Parametric Inference in Dynamic Binary Choice Models

Norets, Andriy; Tang, Xun - Department of Economics, University of Pennsylvania - 2013

We introduce an approach for semi-parametric inference in dynamic binary choice models that does not impose distributional assumptions on the state variables unobserved by the econometrician. The proposed framework combines Bayesian inference with partial identification results. The method is...

Persistent link: https://www.econbiz.de/10010822905

Cooperative Markov decision processes: time consistency, greedy players satisfaction, and cooperation maintenance

Avrachenkov, Konstantin; Cottatellucci, Laura; Maggi, … - In: International Journal of Game Theory 42 (2013) 1, pp. 239-262

We deal with multi-agent Markov decision processes (MDPs) in which cooperation among players is allowed. We find a …

Persistent link: https://www.econbiz.de/10010845486