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Rules for Ordering Uncertain Prospects

Josef Hadar, +1 more
- 01 Jan 1969 - 
- Vol. 59, Iss: 1, pp 25-34
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This article is published in The American Economic Review.The article was published on 1969-01-01 and is currently open access. It has received 1748 citations till now.

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Citations
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Proceedings ArticleDOI

A perspective on the extension of stochastic orderings to fuzzy random variables

TL;DR: An approach toward a systematic classification of combinations of stochastic and interval or fuzzy interval comparison methods and three views of fuzzy random variables are distinguished.
Book ChapterDOI

The Concave and Decomposition Integrals: A Review and Future Directions

TL;DR: The concave and decomposition-integrals for capacities defined over finite spaces are introduced and the decomposition integral is based on allowable decompositions of a random variable and it generalizes the Choquet, concave, Shilkret and Pan integrals.
Posted Content

Decreasing marginal impatience, income distribution and demand for money: Theory and evidence

TL;DR: In this paper, the authors developed a dynamic, theoretical model of demand for money under decreasing marginal impatience (DMI) and showed that under certain conditions, the steady state is saddle-path stable and unique.
Journal ArticleDOI

Can We Do Better in Unimodal Biometric Systems? A Rank-Based Score Normalization Framework

TL;DR: A rank-based score normalization framework that addresses the problem of utilizing the available information from unimodal systems more effectively and can be used in conjunction with any scorenormalization technique and any fusion rule.
References
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Book

Theory of Games and Economic Behavior

TL;DR: Theory of games and economic behavior as mentioned in this paper is the classic work upon which modern-day game theory is based, and it has been widely used to analyze a host of real-world phenomena from arms races to optimal policy choices of presidential candidates, from vaccination policy to major league baseball salary negotiations.
Book ChapterDOI

Ordered Families of Distributions

TL;DR: In this article, a comparison is made of several definitions of ordered sets of distributions, some of which were introduced earlier by the author [7], [8] and by Rubin [10], and the results are applied to obtaining tests that give a certain guaranteed power with a minimum number of observations.
Journal ArticleDOI

Dynamic Inventory Policy with Varying Stochastic Demands

TL;DR: In this article, a dynamic inventory model is formulated in which the demand distributions may change from period to period, and the optimal policy at each stage is characterized by a single critical number which also could vary in successive periods.