Evidence shows that (i) people overweight low probabilities and underweight high probabilities, but (ii) ignore events of extremely low probability and treat extremely high probability events as certain. The main alternative decision theories, rank dependent utility (RDU) and cumulative prospect...

The Becker proposition (BP) is one of the founding pillars of the modern literature on Law and Economics. It states that it is optimal to impose the severest possible punishment (to maintain effective deterrence) at the lowest possible probability (to economize on enforcement costs). The BP is...

Search and optimization in the context of blackbox objective function evaluation subject to blackbox constraints satisfaction is the thesis of this work. The SEARCH (Search Envisioned As Relation and Class Hierarchizing) framework introduced by Kargupta (1995) offered an alternate perspective of...

The United States Environmental Protection Agency (EPA) published proposed Effluent Limitation Guidelines and New Source Performance Standards for the Offshore Subcategory of the Oil and Gas Extraction Point Source Category on March 13, 1991 (56 FR 10664). These guidelines include limitations...

The United States Environmental Protection Agency (EPA) published proposed Effluent Limitation Guidelines and New Source Performance Standards for the Offshore Subcategory of the Oil and Gas Extraction Point Source Category on March 13, 1991 (56 FR 10664). These guidelines include limitations...

In this paper the authors discuss several complexity aspects pertaining to neural networks, commonly known as the curse of dimensionality. The focus will be on: (1) size complexity and depth-size tradeoffs; (2) complexity of learning; and (3) precision and limited interconnectivity. Results have...