Concept

Exponential utility

Publications associées (34)

(In)visible reuse: Retrofit and refurbishment practices in the home

The construction sector is the world's largest consumer of raw materials, and emissions from housing and construction contribute to approximately 40% of all annual global carbon dioxide emissions. With cities racing to meet their climate targets, there is ...

2023

Data-Driven Behaviour Estimation in Parametric Games

Anna Maria Maddux, Nicolò Pagan

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

Bayesian Decision Making in Groups is Hard

Jan Hazla

We study the computations that Bayesian agents undertake when exchanging opinions over a network. The agents act repeatedly on their private information and take myopic actions that maximize their expected utility according to a fully rational posterior be ...

INFORMS2021

Bayesian estimation of mixed multinomial logit models: Advances and simulation-based evaluations

Michel Bierlaire, Prateek Bansal

Variational Bayes (VB) methods have emerged as a fast and computationally-efficient alternative to Markov chain Monte Carlo (MCMC) methods for scalable Bayesian estimation of mixed multinomial logit (MMNL) models. It has been established that VB is substan ...

PERGAMON-ELSEVIER SCIENCE LTD2020

No-Regret Learning from Partially Observed Data in Repeated Auctions

Maryam Kamgarpour, Orcun Karaca

We study a general class of repeated auctions, such as the ones found in electricity markets, as multi-agent games between the bidders. In such a repeated setting, bidders can adapt their strategies online using no-regret algorithms based on the data obser ...

2020

Quantification of the conditional value of SHM data for the fatigue safety evaluation of a road viaduct

Eugen Brühwiler, Imane Bayane

Fatigue safety verification of existing bridges that uses ‘‘re-calculation’’ based on codes, usually results in insufficient fatigue safety, triggering invasive interventions. Instead of “re-calculation”, Structural Health Monitoring (SHM) should be used f ...

2019

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

Belief as a Wise Wager

Leyla Loued-Khenissi

From the moment we wake up in the morning to the day's ebb when we settle in to sleep, we are bound to the task of decision-making. Some of these decisions barely register in our consciousness, if at all, while others, less shy, take a more prominent place ...

EPFL2018

Measurement system design for civil infrastructure using expected utility

Ian Smith, James-Alexandre Goulet, Romain Pasquier

For system identification, most sensor-placement strategies are based on the minimization of the model-parameter uncertainty. However, reducing the uncertainty in remaining-life prognosis of structures is often more relevant. This paper proposes an optimiz ...

Elsevier2017

Graph Chatbot

Chattez avec Graph Search

Posez n’importe quelle question sur les cours, conférences, exercices, recherches, actualités, etc. de l’EPFL ou essayez les exemples de questions ci-dessous.

AVERTISSEMENT : Le chatbot Graph n'est pas programmé pour fournir des réponses explicites ou catégoriques à vos questions. Il transforme plutôt vos questions en demandes API qui sont distribuées aux différents services informatiques officiellement administrés par l'EPFL. Son but est uniquement de collecter et de recommander des références pertinentes à des contenus que vous pouvez explorer pour vous aider à répondre à vos questions.

Connectez-vous pour utiliser Chat avec Graph Search