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We introduce a dominance intensity measuring method to derive a ranking of alternatives to deal with incomplete information in multi-criteria decision-making problems on the basis of multi-attribute utility theory (MAUT) and fuzzy sets theory. We consider the situation where there is imprecision...
Persistent link: https://www.econbiz.de/10010580796
The lack of statistical interdependence relationships between pH and conductivity in channels exposed to Acid Mine Drainage processes is a phenomenon reported by various authors. Based on the study of a large mass of data with over 23,000 records of pH and conductivity taken in a typical mining...
Persistent link: https://www.econbiz.de/10010998180
We consider pure exchange, one good OLG economies under stationary Markov uncertainty. It is known that when markets are sequentially complete, a stationary equilibrium at which the agents common matrix of intertemporal rates of substitution has a Perron root which is less than or equal to one...
Persistent link: https://www.econbiz.de/10005731281
Persistent link: https://www.econbiz.de/10005755642
Persistent link: https://www.econbiz.de/10009399877
This paper studies the evolution of beliefs of a group of Bayesian updaters who are connected through a social network that enables them to listen to the opinions of others. Each agent observes a sequence of private signals about the value of an unknown parameter. In addition, the agent receives...
Persistent link: https://www.econbiz.de/10010685970
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010685978
We consider a class of two-player quadratic games under incomplete information to study the relation between exogenous coordination motives and strategic interactions in information acquisition. The players make decisions in two stages. They decide about information acquisition in the first...
Persistent link: https://www.econbiz.de/10010687832
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010699628
This paper addresses how to deal with decision alternatives with missing consequences in multicriteria decision-making problems. We propose disregarding the attributes for which a decision alternative provides no consequence by redistributing their respective weights throughout the objective...
Persistent link: https://www.econbiz.de/10005358523