Utility Theory

We propose a framework for including information-processing bounds in rational analyses. It is an application of bounded… Expand

Interest in alternative behavioural paradigms to ra ndom utility maximisation (RUM) has existed ever since the dominance of the… Expand

This paper introduces the discrete choice model-paradigm of Random Regret Minimisation (RRM) to the field of health economics… Expand

Economics has always been concerned not only with describing or predicting economic behavior but also with understanding economic… Expand

The effectiveness of utility-maximization techniques for portfolio management relies on our ability to estimate correctly the… Expand

We consider the problem of utility maximization for small traders on incomplete financial markets. As opposed to most of the… Expand

Incremental utility elicitation (IUE) is a decision-theoretic framework in which tools simultaneously make suggestions to a human… Expand

Abstract Implementation of an ecosystem approach to natural resource management requires evaluation of a broad array of… Expand

This study develops a model of a person’s day activity schedule that can be used to forecast urban travel demand. It is motivated… Expand

We de ne runtime code generation (RTCG) as dynamically adding code to the instruction stream of an executing program. It has been… Expand