We study perfectly patient agents who estimate the value of future events by generating noisy, unbiased simulations and combining those signals with priors to form posteriors …
Risk management has become a vital topic both in academia and practice during the past several decades. Most business intelligence tools have been used to enhance risk …
Discount rates play a pivotal role in various fields, capturing the trade-off between present and future, influencing predictions of unhealthy behaviors. Despite substantial variations in …
This book is a comprehensive guide to several aspects of risk, including information systems, disaster management, supply chain and disaster management perspectives. A …
We present a method that dynamically designs elicitation questions for estimating risk and time preference parameters. Typically these parameters are elicited by presenting decision …
The work proposes an integrated risk assessment route in relation to metropolitan construction projects based on the fuzzy set theory. A hierarchical risk break-down structure …
The combined effects of global warming and population growth induce policymakers to enhance flood risk management practices in order to reduce substantially the causes of …
D Wu, JR Birge - IEEE Transactions on Cybernetics, 2016 - ieeexplore.ieee.org
Risks exist in every aspect of our lives, and can mean different things to different people, while negatively in general they always cause a great deal of potential damage and …
Intertemporal decision making under risk involves two dimensions: time preferences and risk preferences. This paper focuses on the impact of time on risk preferences, independent of …