We analyze a model of irreversible investment with two sources of uncertainty. A riskneutral decision maker has the choice between two mutually exclusive projects under input pric...
This paper studies the impact of competition on a firm’s choice of technology (product-flexible or product-dedicated) and capacity investment decisions. Specifically, we mode...
We discuss several features of coherent choice functions – where the admissible options in a decision problem are exactly those which maximize expected utility for some probabil...
Teddy Seidenfeld, Mark J. Schervish, Joseph B. Kad...
These lecture notes cover several topics such as Abstract Preferences and Choices, A Choice Structure Approach to Consumer Demand, A Preference Based Approach to Consumer Demand
P...
Abstract. We present a method for using aligned ontologies to merge taxonomically organized data sets that have apparently compatible schemas, but potentially different semantics f...