Concept

Sunk cost

Related publications (40)

An Optimal Policy for Target Localization with Application to Electron Microscopy

Pascal Fua, Raphael Sznitman, Aurélien Lucchi

This paper considers the task of finding a target location by making a limited number of sequential observations. Each observation results from evaluating an imperfect classifier of a chosen cost and accuracy on an interval of chosen length and position. W ...

2013

Cooperative guidance of UAVs for area exploration with final target allocation

Tomasz Tadeusz Gorecki

Fulfillment of complex missions, such as zone watching or multiple target tracking by an UAV can prove very demanding in terms of vehicle ability. A potential way of lessening these demands consists in splitting the initial task into several complementary ...

2013

Capital Supply Uncertainty, Cash Holdings, and Investment

Semyon Malamud, Erwan Morellec, Julien Hugonnier

We develop a model of investment, financing, and cash management decisions in which investment is lumpy and firms face uncertainty regarding their ability to raise funds in the capital markets. We characterize optimal policies explicitly and show that the ...

2013

3.5-D Integration: A Case Study

Giovanni De Micheli, Pierre-Emmanuel Julien Marc Gaillardon, Vasileios Pavlidis, Shashi Kanth Bobba, Ciprian Seiculescu

Two diverse manufacturing techniques for building 3-D integrated systems are vertical integration with Through-Silicon-Vias (TSVs), also referred to as 3-D TSV integration, and 3-D monolithic integration. In this paper, we present a hybrid integration sche ...

2013

Regulatory Institutions and Governance Costs

Martin Maegli

In recent decades, the European postal industry has undergone profound reforms, which aim to promote competition while simultaneously maintaining a high level of universal services for consumers. It is often put forth that market opening and the emergence ...

EPFL2012

Optimal Inventory Policies with Non-stationary Supply Disruptions and Advance Supply Information

Bilge Atasoy

We consider a periodic review, single-item, deterministic demand inventory model under non-stationary supply availability which has an all-or-nothing type of structure. Supply availability information is provided by the supplier which we refer as advance s ...

2011

A Primal-Dual Reconstruction Algorithm For Fluorescence And Bioluminescence Tomography

Michaël Unser, Jean-Charles Baritaux

We introduce a new primal-dual reconstruction algorithm for fluorescence and bioluminescence tomography. As often in optical tomography, image reconstruction is performed by optimizing a multi-term convex cost function. Current reconstruction methods emplo ...

Ieee Service Center, 445 Hoes Lane, Po Box 1331, Piscataway, Nj 08855-1331 Usa2011

A Primal-Dual Reconstruction Algorithm for Fluorescence and Bioluminescence Tomography

Michaël Unser, Jean-Charles Baritaux

IEEE2011

Optimal process design for the polygeneration of SNG, power and heat by hydrothermal gasification of waste biomass: Process optimisation for selected substrates

François Maréchal, Frédéric Vogel, Martin Gassner, Georges Heyen

Based on a previously developed thermo-economic process model, this paper presents a detailed design study for the polygeneration of Synthetic Natural Gas (SNG), power and heat by catalytic hydrothermal gasification of biomass and biomass wastes in supercr ...

Royal Society of Chemistry2011

Hicksian Welfare Measures and the Normative Endowment Effect

Thomas Alois Weber

We show that the Hicksian welfare measures of compensating variation and equivalent variation coincide if one of them is evaluated at a compensated income. The measures are nondecreasing in income if the varied attribute and income are complementary, and i ...

2010

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