Search results for "hajotelma"
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On approaches for solving computationally expensive multiobjective optimization problems
2016
In this thesis, we consider solving computationally expensive multiobjective optimization problems that take into account the preferences of a decision maker (DM). The aim is to support the DM in identifying the most preferred solution for problems that have several conflicting objectives and when the evaluation of the candidate solutions is time consuming. This is conducted by replacing computationally expensive functions with computationally inexpensive functions, known as surrogates. First, based on a literature survey, we introduce two frameworks, i.e., a sequential and an adaptive framework, based on which surrogate-based methods are classified and compared. We then identify relevant cha…
Public-private sector pay gaps in Finland: A quantile regression analysis
2011
This paper examines public-private sector wage differentials in Finland using a quantile regression method. We control for the endogeneity of the working sector and allow the returns of individual skills to vary between industries. The results suggest that men earn a premium of 3 percent in the public sector at the lower-end jobs. At the median and the upper end of the distribution, men’s pay gap is negative, varying between 5 and 10 percent. Women, in turn, always earn more in the public sector (4–10 percent), and the premium is highest at the upper end of the earnings distribution. (JEL: J31, J45) peerReviewed