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A two-stage model of decision making

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Investigating latent behaviour in multiday activity scheduling

In practice, most operational activity-based models have focused on single-day analyses. This common simplifying assumption significantly limits the models' behavioural realism, as they cannot adequately capture the dynamics and processes involved in the s ...

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Contextual Stochastic Bilevel Optimization

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We introduce contextual stochastic bilevel optimization (CSBO) -- a stochastic bilevel optimization framework with the lower-level problem minimizing an expectation conditioned on some contextual information and the upper-level decision variable. This fram ...

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Maneuvering the odds: The dynamics of venture capital decision-making

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Research Summary: This article investigates venture capital (VC) decision-making, a process that occurs under changing conditions and limited, ambiguous information. We shed new light on the inherent dynamics of this strategic process. One of the key disti ...

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With the rising focus on academic safety, there has been an effort to improve the academic safety climate and develop lab-specific risk assessment tools. Despite the progress made in recent years, there is still a deficit of reliable data statistics on saf ...

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Safety Decision-Making for Laboratory Processes in Academia

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There is a need for a tool that facilitates safety decision-making in the academic environment. As this environment is very different from that of industry or other public sectors, there is no information available on the factors that influence the decisio ...

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It is natural for humans to judge the outcome of a decision under uncertainty as a percentage of an ex-post optimal performance. We propose a robust decision-making framework based on a relative performance index. It is shown that if the decision maker's p ...

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Understanding the meaning of value to asset-intensive organizations and their stakeholders has been a long -standing goal of researchers and managers of the asset management community. These issues have become particularly prominent with the publication of ...

ELSEVIER SCI LTD2022

The objective of any Citizens’ Assembly is better decision-making on complex and divisive issues. “Better” decision-making means that a fully inclusive group of well-informed people, free of the influence of lobbies and fake news, engaged and knowing their ...

ClimAct (EPFL and UNIL)2022

Decision Learning and Adaptation Over Multi-Task Networks

Ali H. Sayed

This paper studies the operation of multi-agent networks engaged in multi-task decision problems under the paradigm of simultaneous learning and adaptation. Two scenarios are considered:one in which a decision must be taken among multiple states of nature ...

IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC2021

Rationalization through Concepts

Boi Faltings, Diego Matteo Antognini

Automated predictions require explanations to be interpretable by humans. One type of ex- planation is a rationale, i.e., a selection of in- put features such as relevant text snippets from which the model computes the outcome. How- ever, a single overall ...

2021