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NIPS
2008
13 years 9 months ago
Adapting to a Market Shock: Optimal Sequential Market-Making
We study the profit-maximization problem of a monopolistic market-maker who sets two-sided prices in an asset market. The sequential decision problem is hard to solve because the ...
Sanmay Das, Malik Magdon-Ismail
MIE
2008
95views Healthcare» more  MIE 2008»
13 years 9 months ago
Diagnostic Games: from Adequate Formalization of Clinical Experience to Structure Discovery
A method of obtaining well-founded and reproducible results in clinical decision making is presented. It is based on "diagnostic games", a procedure of elicitation and fo...
Michael A. Shifrin, Eva I. Kasparova
KDD
1994
ACM
97views Data Mining» more  KDD 1994»
13 years 11 months ago
From Facts to Rules to Decisions: An Overview of the FRD-1 System
Oneof the central goals of knowledgediscovery in databases is to produceknowledgeuseful for decision making. However,the form in which knowledgecan be easily discovered is often d...
Ibrahim F. Imam, Ryszard S. Michalski
DSS
2008
102views more  DSS 2008»
13 years 7 months ago
Diagnosing decision quality
Human decision making is error-prone and often subject to biases. Important information cues are misweighted and feedback delays hamper learning. Experimentally, task information ...
Michael J. Davern, Ravi Mantena, Edward A. Stohr
COMPSYSTECH
2007
13 years 11 months ago
Shopping robots and e-commerce
Abstract: The paper analyzes features, roles and functions of shopbots, comparing them to nonvirtual intermediaries. The aim is to understand how they can support and optimize deci...
Antonella Reitano