Concept

Isoelastic utility

Related publications (29)

Data-Driven Behaviour Estimation in Parametric Games

A central question in multi-agent strategic games deals with learning the underlying utilities driving the agents' behaviour. Motivated by the increasing availability of large data-sets, we develop an unifying data-driven technique to estimate agents' util ...

Elsevier2023

Heterogeneity in decentralized asset markets

Julien Hugonnier

We study a canonical model of decentralized exchange for a durable good or asset, where agents are assumed to have time-varying, heterogeneous utility types. Whereas the existing literature has focused on the special case of two types, we allow agents' uti ...

ECONOMETRIC SOCIETY2022

Weak teachers: assisted specification of discrete choice models using ensemble learning algorithms

Timothy Michael Hillel

Discrete Choice Models (DCMs) have a distinct advantage over Machine Learning (ML) classification algorithms, in that they employ a highly interpretable linear structure. However, a key drawback of DCMs compared to ML is the need to specify the utility fun ...

2019

Scheduling trips through a bottleneck: monotonicity and stability

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

This paper investigates the stability of departure time choice within a population of commuters that need to pass through a bottleneck of constant capacity. It is shown that the corresponding utility function is monotonic if and only if the marginal utilit ...

2019

Environmental Flows Determination and Monitoring with Hydraulic Habitat Models-Pushing the Boundaries of Habitat Models Application

Mikolaj Stanislaw Adamczyk, Piotr Parasiewicz

Hydraulic habitat simulation models were designed for the quantitative determination of environmental flows that consider the needs of aquatic fauna in rivers and streams. In the past 50 years, the modeling techniques were significantly developed, but expe ...

2019

Synthesis of single and interplant non-isothermal water networks

François Maréchal, Maziar Kermani

This paper addresses the synthesis problem of non-isothermal water networks using a mathematical programming approach. A heat-integrated water network superstructure and its corresponding mixed integer nonlinear programming (MINLP) model is proposed for th ...

2017

Acute stress alters individual risk taking in a time-dependent manner and leads to anti-social risk

Maria del Carmen Sandi Perez, Samuel Bendahan, Leyla Loued-Khenissi, Fiona Hollis, John Christian Thoresen, Lorenz Goette

Decision-making processes can be modulated by stress, and the time elapsed from stress induction seems to be a crucial factor in determining the direction of the effects. Although current approaches consider the ﬁrst post-stress hour a uniform period, the ...

2017

Correcting for endogeneity using the multiple indicator solution

Michel Bierlaire, Matthieu Marie Cochon de Lapparent, Anna Fernández Antolín

In this paper we extend the Multiple Indicator Solution (MIS),used to correct for endogeneity, so that it can also be used when there are interactions between observed and unobserved factors in the specification of the utility function. We show the theoret ...

2016

Diffusion stochastic optimization with non-smooth regularizers

Ali H. Sayed, Stefan Vlaski

We develop an effective distributed strategy for seeking the Pareto solution of an aggregate cost consisting of regularized risks. The focus is on stochastic optimization problems where each risk function is expressed as the expectation of some loss functi ...

IEEE2016

Predicting Users' Motivations behind Location Check-Ins and Utility Implications of Privacy Protection Mechanisms

Jean-Pierre Hubaux, Kévin Clément Huguenin, Igor Bilogrevic, Reza Shokri, Stefan Mihaila

Location check-ins contain both geographical and semantic information about the visited venues, in the form of tags (e.g., “restaurant”). Such data might reveal some personal information about users beyond what they actually want to disclose, hence their p ...

2015

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