Search results for "ExPEC"
showing 10 items of 585 documents
Obtaining the best value for money in adaptive sequential estimation
2010
Abstract In [Kujala, J. V., Richardson, U., & Lyytinen, H. (2010). A Bayesian-optimal principle for learner-friendly adaptation in learning games. Journal of Mathematical Psychology , 54(2), 247–255], we considered an extension of the conventional Bayesian adaptive estimation framework to situations where each observable variable is associated with a certain random cost of observation. We proposed an algorithm that chooses each placement by maximizing the expected gain in utility divided by the expected cost. In this paper, we formally justify this placement rule as an asymptotically optimal solution to the problem of maximizing the expected utility of an experiment that terminates when the…
La fabrication des artisans : socialisation et processus de médiation dans l'apprentissage de la menuiserie
2012
This doctoral thesis in Communication Sciences offers to rethink the question of transmission of manual trades, in the context of contemporary craft industry in France. We analyse the classical dualism between “manual” and “nonmanual”, and go further with a theoretical approach of intelligence derived from Janet and Jousse. We also base our analysis on the studies about socialization, especially from Dubar, so we can involve a non-determinist model of transmitting manual crafts. In order to recognize the importance of working with materials, tools, in occupational socialization, we propose to look at its sequence as a “process of mediation” and to describe its communication device, inspired…
Healthy Behavior as a Mediator in the Relationship Between Optimism and Life Satisfaction in Health Sciences Students: A Cross-Sectional Study
2021
Aleksandra M Rogowska,1 Paweł F Nowak,2 Aleksandra Kwaśnicka1 1Institute of Psychology, University of Opole, Opole, Poland; 2Faculty of Physical Education and Physiotherapy, Opole University of Technology, Opole, PolandCorrespondence: Aleksandra M RogowskaInstitute of Psychology, University of Opole, ul. Staszica 1, Room 312, Opole, 45-052, PolandTel +48 604732259Email arogowska@uni.opole.plPurpose: This study examines the indirect relationship between optimism and life satisfaction via healthy behavior among health sciences students.Participants and Methods: The cross-sectional study involved 349 health sciences students, including 58% of women, ranging in age between…
Multiple imputation of rainfall missing data in the Iberian Mediterranean context
2017
Abstract Given the increasing need for complete rainfall data networks, in recent years have been proposed diverse methods for filling gaps in observed precipitation series, progressively more advanced that traditional approaches to overcome the problem. The present study has consisted in validate 10 methods (6 linear, 2 non-linear and 2 hybrid) that allow multiple imputation, i.e., fill at the same time missing data of multiple incomplete series in a dense network of neighboring stations. These were applied for daily and monthly rainfall in two sectors in the Jucar River Basin Authority (east Iberian Peninsula), which is characterized by a high spatial irregularity and difficulty of rainfa…
Long-term melodic expectation: The unexpected observation of distant priming effects
2009
The report provides a brief account of an experiment whose control conditions produced interestingly counter-intuitive results. The method adapted priming techniques to explore whether imagining well-known melodies would facilitate perceptual discrimination of congruent compared to incongruent melodic continuations in a syllable identification task. This was shown to be the case, but in a subsequent control experiment, imagining an irrelevant lure melody also showed a priming effect. The persistent priming effect apparently related the target sequence to the aurally presented, nonadjacent opening notes, and not to the intervening mental image. A number of statistical analyses of the pitch …
Revealed preference and portfolio choice
1993
Abstract We show that the necessary and sufficient conditions for expected utility rationalizability of a single observed portfolio choice are identical to the necessary and sufficient conditions for non-expected utility rationalizability.
Investing for the Long Run
2017
This paper studies long term investing by an investor that maximizes either expected utility from terminal wealth or from consumption. We introduce the concepts of a generalized stochastic discount factor (SDF) and of the minimum price to attain target payouts. The paper finds that the dynamics of the SDF needs to be captured and not the entire market dynamics, which simplifies significantly practical implementations of optimal portfolio strategies. We pay particular attention to the case where the SDF is equal to the inverse of the growth-optimal portfolio in the given market. Then, optimal wealth evolution is closely linked to the growth optimal portfolio. In particular, our concepts allo…
A Problem of Optimization in a Case of Foreign Investment
2000
The aim of the paper is to solve an optimization problem in an economic system with a central bank and a set of private agents. Each agent aims to maximize her expected utility, with rational expectations and being risk averse. The agents follow a profitability-risk criterium to face the portfolio diversification problem between foreign or domestic investment. An explicit formula for the optimal amount of foreign investment as a function of the expected exchange rate and an explicit formula for the exchange rate are obtained. These formulas show the hard influence of the expected exchange rate, the variance and the risk aversion on the agents’ decisions.
Graph Topology Learning and Signal Recovery Via Bayesian Inference
2019
The estimation of a meaningful affinity graph has become a crucial task for representation of data, since the underlying structure is not readily available in many applications. In this paper, a topology inference framework, called Bayesian Topology Learning, is proposed to estimate the underlying graph topology from a given set of noisy measurements of signals. It is assumed that the graph signals are generated from Gaussian Markov Random Field processes. First, using a factor analysis model, the noisy measured data is represented in a latent space and its posterior probability density function is found. Thereafter, by utilizing the minimum mean square error estimator and the Expectation M…
ECONOMIC EVALUATION OF AQUACULTURE INVESTMENTS UNDER CONDITIONS OF RISK AND UNCERTAINTY IN THE MEDITERRANEAN SEA
2014
This study aims to analyze, from a technical and ec onomic point of view, the choice between alternative investments in aquaculture under condit ions of risk and uncertainty. In particular, a comparative analysis has been conducted between an inshore and an offshore farm producing European sea bass in the Mediterranean Sea. The app lied model refers to the theory of subjective probability, assigning a different probability to e xpected incomes during the investment period. Resul ts show an economic convenience of inshore with respect to offshore farming.