Concept

Expected utility hypothesis

Related publications (153)

Composable Method for Explicit Power Flow Control in Electrical Grids

Jean-Yves Le Boudec, Mario Paolone, Andrey Bernstein

A power flow control system for an interconnected power system, the interconnected power system comprising a plurality of electrical subsystems; an abstract framework configured to work as a utility maximiser under constraints (that applies to the electric ...

2016

Shear Response under Reversed Cyclic Loading

David Michael Volpe Ruggiero

A series of three shear panels with transverse reinforcing ratios ranging from 0.23 to 0.68% were tested to failure under reversed cyclic loading. All of the tests showed a reduction in strength of at least 20% with respect to predictions from reliable mon ...

2016

Optimal reinsurance with multiple tranches

Semyon Malamud

Motivated by common practices in the reinsurance industry and in insurance markets such as Lloyd's, we study the general problem of optimal insurance contracts design in the presence of multiple insurance providers. We show that the optimal risk allocation ...

Elsevier Science Sa2016

A Bayesian view of doubly robust causal inference

In causal inference the effect of confounding may be controlled using regression adjustment in an outcome model, propensity score adjustment, inverse probability of treatment weighting or a combination of these. Approaches based on modelling the treatment ...

Oxford University Press2016

Scarcity Mitigation and Risk-Averse Clearing Model in the Swiss Reserve Market

Farzaneh Abbaspourtorbati

This paper presents a real-world application of stochastic programming in the Swiss hydro-based system. The seasonal hydrological conditions may cause insufficient market volume to an extent that security criteria (i.e., the criteria determining of reserve ...

Ieee2016

Local lattice distortions vs. structural phase transition in NdFeAsO1-xFx

Janusz Andrzej Karpinski, Sergiy Katrych

The lattice properties at low temperatures of two samples of NdFeAsO1-xFx (x = 0.05 and 0.25) have been examined in order to investigate possible structural phase transition that may occur in the optimally doped superconducting sample with respect to the n ...

Elsevier2016

Public Cybersecurity and Rationalizing Information Sharing

This paper revisits the Doctrine of Public Cybersecurity in order to shed light on debates about information sharing, by exploring its potential utility, and considering policies to mitigate its impact on other societal values. Its goal is not to advocate ...

International Risk Governance Center (IRGC)2016

Expected Loss Analysis for Authentication in Constrained Channels

Serge Vaudenay, Christos Dimitrakakis, Aikaterini Mitrokotsa

We derive bounds on the expected loss for authentication protocols in channels which are constrained due to noisy conditions and communication costs. This is motivated by a number of authentication protocols, where at least some part of the authentication ...

IOS Press2015

On the emergence of semantic agreement among rational agents

Karl Aberer

Today’s complex online applications often require the interaction of multiple (web) services that belong to potentially different business entities. Interoperability is a core element of such an environment, yet not a straightforward one due to the lack of ...

2015

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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