Conjoint Measurement

Size: px
Start display at page:

Download "Conjoint Measurement"

Transcription

1 Conjoint Measurement A major success of Representational Measurement, with clear qualitative (nonmetric) tests for interval (metric) representation in terms of an additive model Provides non-metric analogue to N-way ANOVA Kruskal calls it MONANOVA Realisable algorithm for best-fitting noninteractive solution Provides realistic way to assess importance of component characteristics in a complex stimulus.

2 Conjoint Measurement PROBLEM: What are the conditions under which a monotonic/ordinal re-scaling of a 2 (or N)- way Table will yield (2, N) interval scales which make them additive? A representation is sought that is additive in the component factors, f and g : m(i,j) = f (i) + g (j) for all (i,j) Subject to the rescaling function k being (weakly) monotonic with the data: k(m(i,j) ) k(m(i,j )) iff m(i,j) m(i,j )

3 Conjoint Measurement QUALITATIVE conditions for additive representation: CANCELLATION and SOLVABILITY: CANCELLABILITY: m(a,x) <= m(b,y) and m(b,z) <= m(c,x) implies m(a,z) <= m(c,y) A sort of transitivity of differences ; can be re-written as: (AY >= BX) & (BX>=CZ) IMPLIES (AY >= CZ) Where XY signifies the interval x-y This is readily testable empirically

4 Conjoint Measurement SOLVABILITY: For all a,b, in A and for all x,y in X, there exists a c in A and a z in X, such that: m(a,x) ~ and m(c,y) and m(a,x) ~ m(b,z) ~ is an indifference relation This axiom implies that functions f and g are unbounded If these two axioms are satisfied, then and ADDITIVE REPRESENTATION exists, and the scales f and g are unique up to a linear transformation (metric, interval level).

5 Conjoint Measurement A Good example: Occupation-City Judgments (Mean attractiveness ratings): Occup / City A B C D Lawyer/Doctor teacher Accountant Mean attractiveness ratings (1-9), Sidowski & Andersen 1967

6 Conjoint Measurement: Good example --Note: Clear evidence of Interaction: Difference between Lawyer-doctor and Accountant is approximately constant across cities BUT: rating for Teacher is not parallel, It approaches Lawyer-doctor in City A, and Accountant in City D non-additivity/interaction ANOVA indicates highly significant interaction (p< 0.001)

7 Conjoint Measurement: Good example o o BUT These data satisfy all the Cancellation axioms (Cancellation & Solvability) for Conjoint Additive Measurement, and Therefore an order-preserving [monotone] additive representation is possible

8 Conjoint Measurement: Good example One such ordinal re-scaling (produced by CONJOINT in NewMDSX) is: ===================================== A B C D Occup: Lawyer-Doctor Teacher Accountant (Effect values in italics) ===================================================

9 Conjoint Measurement: Good example Which shows (in this case) that: -- the interaction is an artefect of the assumption that the rating scale is interval-level! -- Or, Interaction can be removed by a monotonic rescaling From Sidowsi & Anderson 1971 (Judgments of city-occupation combinations). ref TUM pp169, 262 And See Krantz et al 1971, pp

10 Conjoint Measurement: Not-so-Good example A monotonic re-scaling, seeking low badness-of-fit may well exploit the WEAK MONOTONICITY criterion: If δ(i,j) < δ(k,l) then d (i,j) <= d(k,l) Allowing (model) tie-ing in the face of data inequality: When δ(i,j) < δ(k,l) then d (i,j) may equal d(k,l) Repeatedly use of this tieing of untied data can signify desperate attempts to overcome interaction i.e. backhanded admission of genuine interaction

11 Conjoint Measurement: Not-so-Good example Take the following example of the average number of children (dep var) in terms of the occupational achievement of the father: First / Current Prof. Semi-SkUnsk Professional Skilled Unskilled The axioms are far from being fulfilled, so the program seeks an ordinal transformation yielding best additive fit and succeeds only by tie-ing In this context, use STRONG monotonicity and SECONDARY approach to ties If δ(i,j) < δ(k,l) then d (i,j) < d(k,l)

12 Conjoint Measurement: Not-so-Good example Take the following example of the average number of children (dep var) in terms of the occupational achievement of the father: First / Current Prof. Semi-SkUnsk Professional Skilled Unskilled The axioms are far from being fulfilled, so the program seeks an ordinal transformation yielding best additive fit and succeeds only by tie-ing In this context, use STRONG monotonicity and SECONDARY approach to ties If δ(i,j) < δ(k,l) then d (i,j) < d(k,l)

13 Conjoint Measurement: Conclusion CM can be extended: to higher-way data tables To other compositions (subtractive, multiplicative) Though it is mostly used for the additive model Program implementations: Kruskal s MONANOVA Guttman-Lingoes CM series Roskam s UNICON NewMDSX CONJOINT implements all the above.

14 Conjoint Measurement: Conclusion CM is one of the success stories of Representational Measurement Stating the testable qualitative [ordinal] conditions that a N-way Table of values has to satisfy in order to guarantee Additivity (non-interaction) in the N (unidimensional) Effect scales, which are Metric (up to a linear transform). Even in the case of fallible data, a non-metric algorithm exists to get a least worst-fitting solution thereby illustrating Coombs dictum that more conservative measurement assumptions can nonetheless achieve a betterfounded, justifiable and higher-level solution than pseudoquantification can.

On of the major merits of the Flag Model is its potential for representation. There are three approaches to such a task: a qualitative, a

On of the major merits of the Flag Model is its potential for representation. There are three approaches to such a task: a qualitative, a Regime Analysis Regime Analysis is a discrete multi-assessment method suitable to assess projects as well as policies. The strength of the Regime Analysis is that it is able to cope with binary, ordinal,

More information

GRIP: A Generalized Regression Method with Intensities of Preferences for Ranking Alternatives Evaluated on Multiple Criteria

GRIP: A Generalized Regression Method with Intensities of Preferences for Ranking Alternatives Evaluated on Multiple Criteria GRIP: A Generalized Regression Method with Intensities of Preferences for Ranking Alternatives Evaluated on Multiple Criteria JOSÉ RUI FIGUEIRA 1, SALVATORE GRECO 2, ROMAN SŁOWIŃSKI 3 1 CEG-IST, Instituto

More information

Chapter 1: Preferences and Utility. Advanced Microeconomic Theory

Chapter 1: Preferences and Utility. Advanced Microeconomic Theory Advanced Microeconomic Theory Chapter 1: Preferences and Utility Advanced Microeconomic Theory Outline Preference and Choice Preference Based Approach Utility Function Indifference Sets, Convexity, and

More information

Capacity Dilemma: Economic Scale Size versus. Demand Fulfillment

Capacity Dilemma: Economic Scale Size versus. Demand Fulfillment Capacity Dilemma: Economic Scale Size versus Demand Fulfillment Chia-Yen Lee (cylee@mail.ncku.edu.tw) Institute of Manufacturing Information and Systems, National Cheng Kung University Abstract A firm

More information

Technische Universität München. Software Quality. Management. Dr. Stefan Wagner Technische Universität München. Garching 18 June 2010

Technische Universität München. Software Quality. Management. Dr. Stefan Wagner Technische Universität München. Garching 18 June 2010 Technische Universität München Software Quality Management Dr. Stefan Wagner Technische Universität München Garching 18 June 2010 1 Last QOT: Why is software reliability a random process? Software reliability

More information

Computational Approaches to Preference Elicitation. Darius Braziunas Department of Computer Science University of Toronto

Computational Approaches to Preference Elicitation. Darius Braziunas Department of Computer Science University of Toronto Computational Approaches to Preference Elicitation Darius Braziunas Department of Computer Science University of Toronto 2006 Contents 1 Introduction 1 2 Decision theory 2 2.1 Preferences under certainty..................................

More information

Preferences 9. Preferences

Preferences 9. Preferences Preferences 9 Preferences A. Preferences are relationships between bundles. 1. if a consumer would choose bundle (, )when(y 1,y 2 )is available, then it is natural to say that bundle (, )is preferred to

More information

Multi-objective optimization

Multi-objective optimization Multi-objective optimization Kevin Duh Bayes Reading Group Aug 5, 2011 The Problem Optimization of K objectives simultaneously: min x [F 1 (x), F 2 (x),..., F K (x)], s.t. x X (1) X = {x R n g j (x) 0,

More information

Decision Analysis Applied to Small Satellite Risk Management

Decision Analysis Applied to Small Satellite Risk Management AIAA SciTech Forum 5-9 January 2015, Kissimmee, Florida 53rd AIAA Aerospace Sciences Meeting AIAA 2015-1863 Decision Analysis Applied to Small Satellite Risk Management Katharine Brumbaugh Gamble * and

More information

Version: 4/27/16 APPENDIX C RBA GUIDE

Version: 4/27/16 APPENDIX C RBA GUIDE Version: 4/27/16 APPENDIX C RBA GUIDE Common Metrics Results-Based Accountability Guide CTSA Program Version I. Introduction 1 What is Results-Based Accountability? Results-Based Accountability ( RBA )

More information

LECTURE 13 THE NEOCLASSICAL OR WALRASIAN EQUILIBRIUM INTRODUCTION

LECTURE 13 THE NEOCLASSICAL OR WALRASIAN EQUILIBRIUM INTRODUCTION LECTURE 13 THE NEOCLASSICAL OR WALRASIAN EQUILIBRIUM INTRODUCTION JACOB T. SCHWARTZ EDITED BY KENNETH R. DRIESSEL Abstract. Our model is like that of Arrow and Debreu, but with linear Leontief-like features,

More information

Provided for non-commercial research and educational use only. Not for reproduction, distribution or commercial use.

Provided for non-commercial research and educational use only. Not for reproduction, distribution or commercial use. Provided for non-commercial research and educational use only. Not for reproduction, distribution or commercial use. This chapter was originally published in the book Handbook of Experimental Economics

More information

CRM: An Efficient Trust and Reputation Model for Agent Computing

CRM: An Efficient Trust and Reputation Model for Agent Computing CRM: An Efficient Trust and Reputation Model for Agent Computing Babak Khosravifar a, Jamal Bentahar a, Maziar Gomrokchi a, and Rafiul Alam a a Concordia University, Montreal, Canada Abstract. In open

More information

Analyzing Choice with Revealed Preference: Is Altruism Rational?

Analyzing Choice with Revealed Preference: Is Altruism Rational? Analyzing Choice with Revealed Preference: Is Altruism Rational? by James Andreoni Department of Economics University of Wisconsin Madison, Wisconsin 53706 and John H. Miller Department of Social and Decision

More information

The Efficient Allocation of Individuals to Positions

The Efficient Allocation of Individuals to Positions The Efficient Allocation of Individuals to Positions by Aanund Hylland and Richard Zeckhauser Presented by Debreu Team: Justina Adamanti, Liz Malm, Yuqing Hu, Krish Ray Hylland and Zeckhauser consider

More information

FINE-GRAIN TRANSFORMATIONS FOR REFACTORING EMMAD I. M. SAADEH THESIS

FINE-GRAIN TRANSFORMATIONS FOR REFACTORING EMMAD I. M. SAADEH THESIS FINE-GRAIN TRANSFORMATIONS FOR REFACTORING By EMMAD I. M. SAADEH THESIS Submitted in partial fulfillment of the requirements for the degree of Philosophiae Doctor (Computer Science) in the Faculty of Engineering,

More information

MONTE CARLO RISK AND DECISION ANALYSIS

MONTE CARLO RISK AND DECISION ANALYSIS MONTE CARLO RISK AND DECISION ANALYSIS M. Ragheb /7/ INTRODUCTION The risk generated and the ensuing economic impact of incorrect values used in decision-making models is incalculable. The models could

More information

Intra-industry trade, environmental policies and innovations: The Porter- Hypothesis revisited

Intra-industry trade, environmental policies and innovations: The Porter- Hypothesis revisited Intra-industry trade, environmental policies and innovations: The Porter- Hypothesis revisited Gerhard Clemenz March 2012 Abstract: According to the Porter Hypothesis (PH) stricter environmental regulations

More information

Use of PSA to Support the Safety Management of Nuclear Power Plants

Use of PSA to Support the Safety Management of Nuclear Power Plants S ON IMPLEMENTATION OF THE LEGAL REQUIREMENTS Use of PSA to Support the Safety Management of Nuclear Power Plants РР - 6/2010 ÀÃÅÍÖÈß ÇÀ ßÄÐÅÍÎ ÐÅÃÓËÈÐÀÍÅ BULGARIAN NUCLEAR REGULATORY AGENCY TABLE OF CONTENTS

More information

LECTURE NOTE 2 UTILITY

LECTURE NOTE 2 UTILITY LECTURE NOTE 2 UTILITY W & L INTERMEDIATE MICROECONOMICS PROFESSOR A. JOSEPH GUSE In the last note Preferences we introduced the mathematical device of a preference relation. Let it be said first that

More information

CHAPTER 1 Defining and Collecting Data

CHAPTER 1 Defining and Collecting Data CHAPTER 1 Defining and Collecting Data In this book we will use Define the variables for which you want to reach conclusions Collect the data from appropriate sources Organize the data collected by developing

More information

Work Plan and IV&V Methodology

Work Plan and IV&V Methodology Work Plan and IV&V Methodology Technology initiatives and programs should engage with an IV&V process at the project planning phase in order to receive an unbiased, impartial view into the project planning,

More information

Toward Effective Multi-capacity Resource Allocation in Distributed Real-time and Embedded Systems

Toward Effective Multi-capacity Resource Allocation in Distributed Real-time and Embedded Systems Toward Effective Multi-capacity Resource Allocation in Distributed Real-time and Embedded Systems Nilabja Roy, John S. Kinnebrew, Nishanth Shankaran, Gautam Biswas, and Douglas C. Schmidt Department of

More information

Priority-Driven Scheduling of Periodic Tasks. Why Focus on Uniprocessor Scheduling?

Priority-Driven Scheduling of Periodic Tasks. Why Focus on Uniprocessor Scheduling? Priority-Driven Scheduling of Periodic asks Priority-driven vs. clock-driven scheduling: clock-driven: cyclic schedule executive processor tasks a priori! priority-driven: priority queue processor tasks

More information

IEC Is it pain or gain?

IEC Is it pain or gain? IEC 61508 Is it pain or gain? Clive Timms, Director, C&C Technical Support Services Ltd. Introduction IEC 61508 (Ref. 1) provides designers and operators with the first generic internationally accepted

More information

What Is Conjoint Analysis? DSC 410/510 Multivariate Statistical Methods. How Is Conjoint Analysis Done? Empirical Example

What Is Conjoint Analysis? DSC 410/510 Multivariate Statistical Methods. How Is Conjoint Analysis Done? Empirical Example What Is Conjoint Analysis? DSC 410/510 Multivariate Statistical Methods Conjoint Analysis 1 A technique for understanding how respondents develop preferences for products or services Also known as trade-off

More information

Total Factor Productivity and the Environmental Kuznets Curve: A Comment and Some Intuition

Total Factor Productivity and the Environmental Kuznets Curve: A Comment and Some Intuition 1 Total Factor roductivity and the nvironmental Kuznets urve: A omment and Some Intuition eha Khanna* Department of conomics Binghamton niversity,.o. Box 6000 Binghamton, Y 13902-6000 hone: 607-777-2689,

More information

Dealing with Missing Data: Strategies for Beginners to Data Analysis

Dealing with Missing Data: Strategies for Beginners to Data Analysis Dealing with Missing Data: Strategies for Beginners to Data Analysis Rachel Margolis, PhD Assistant Professor, Department of Sociology Center for Population, Aging, and Health University of Western Ontario

More information

IRTI/IDB 14 DL COURSE October 11, 2011 Lecture. INCEIF: The Global University of Islamic finance

IRTI/IDB 14 DL COURSE October 11, 2011 Lecture. INCEIF: The Global University of Islamic finance 1 IRTI/IDB 14 DL COURSE October 11, 2011 Lecture Factors of production & Factor Markets Prof. Dr. Zubair Hasan INCEIF: The Global University of Islamic finance 2. LECTURE OUTLINES Inputs and factors of

More information

Where do workers find jobs in good times and bad times?

Where do workers find jobs in good times and bad times? Where do workers find jobs in good times and bad times? Andrew Davis Acadia University March 1, 2017 Andrew Davis (Acadia University) Workers and jobs, good times and bad March 1, 2017 1 / 22 Motivation

More information

Ch3: Consumer Preferences and Utility

Ch3: Consumer Preferences and Utility Ch3: Consumer Preferences and Utility Goal of Ch 3 and 4: To construct a model of demand based on individual decision making (ie:consumer choice). We will find this model has broad applicability. To construct

More information

Integration of Process Planning and Job Shop Scheduling Using Genetic Algorithm

Integration of Process Planning and Job Shop Scheduling Using Genetic Algorithm Proceedings of the 6th WSEAS International Conference on Simulation, Modelling and Optimization, Lisbon, Portugal, September 22-24, 2006 1 Integration of Process Planning and Job Shop Scheduling Using

More information

ISE 204 OR II. Chapter 8 The Transportation and Assignment Problems. Asst. Prof. Dr. Deniz TÜRSEL ELİİYİ

ISE 204 OR II. Chapter 8 The Transportation and Assignment Problems. Asst. Prof. Dr. Deniz TÜRSEL ELİİYİ ISE 204 OR II Chapter 8 The Transportation and Assignment Problems Asst. Prof. Dr. Deniz TÜRSEL ELİİYİ 1 The Transportation and Assignment Problems Transportation Problems: A special class of Linear Programming

More information

SECTION 11 ACUTE TOXICITY DATA ANALYSIS

SECTION 11 ACUTE TOXICITY DATA ANALYSIS SECTION 11 ACUTE TOXICITY DATA ANALYSIS 11.1 INTRODUCTION 11.1.1 The objective of acute toxicity tests with effluents and receiving waters is to identify discharges of toxic effluents in acutely toxic

More information

Online Resource Scheduling under Concave Pricing for Cloud Computing

Online Resource Scheduling under Concave Pricing for Cloud Computing information: DOI.9/TPDS.5.799, IEEE Transactions on Parallel and Distributed Systems Online Resource Scheduling under Concave Pricing for Cloud Computing Rui Zhang, Kui Wu, Minming Li, Jianping Wang City

More information

Russell Group response to Lord Stern s review of the Research Excellence Framework (REF)

Russell Group response to Lord Stern s review of the Research Excellence Framework (REF) Russell Group response to Lord Stern s review of the Research Excellence Framework (REF) 1. Summary The REF is a fundamental part of the UK s dual support system for research funding. Whilst there is certainly

More information

Evolutionary Algorithms

Evolutionary Algorithms Evolutionary Algorithms Evolutionary Algorithms What is Evolutionary Algorithms (EAs)? Evolutionary algorithms are iterative and stochastic search methods that mimic the natural biological evolution and/or

More information

Designing a Competency Based Model for Performance Management. Presented by:

Designing a Competency Based Model for Performance Management. Presented by: Designing a Competency Based Model for Performance Management Presented by: April 11, 2013 Topics Why Performance Management? Trends Core of the Matter Three Common Options Is It Right for You? Lessons

More information

Single Machine Scheduling with Interfering Job Sets

Single Machine Scheduling with Interfering Job Sets Multidisciplinary International Conference on Scheduling : Theory and Applications (MISTA 009) 0- August 009, Dublin, Ireland MISTA 009 Single Machine Scheduling with Interfering Job Sets Ketan Khowala,

More information

SCHEDULING IN MANUFACTURING SYSTEMS

SCHEDULING IN MANUFACTURING SYSTEMS In process planning, the major issue is how to utilize the manufacturing system s resources to produce a part: how to operate the different manufacturing processes. In scheduling. The issue is when and

More information

Techniques of Operations Research

Techniques of Operations Research Techniques of Operations Research C HAPTER 2 2.1 INTRODUCTION The term, Operations Research was first coined in 1940 by McClosky and Trefthen in a small town called Bowdsey of the United Kingdom. This

More information

Chapter 12. Incentive Pay. Introduction

Chapter 12. Incentive Pay. Introduction Chapter 12 12-1 Incentive Pay 12-2 Introduction The chapter analyses how and why different methods of compensation arise in the labour market and how they affect worker productivity and firm profitablility.

More information

Criteria based evaluations

Criteria based evaluations Criteria based evaluations EVA's experience in evaluations based on criteria THE DANISH EVALUATION INSTITUTE Criteria based evaluations EVA's experience in evaluations based on criteria 2004 THE DANISH

More information

GLMs the Good, the Bad, and the Ugly Ratemaking and Product Management Seminar March Christopher Cooksey, FCAS, MAAA EagleEye Analytics

GLMs the Good, the Bad, and the Ugly Ratemaking and Product Management Seminar March Christopher Cooksey, FCAS, MAAA EagleEye Analytics Antitrust Notice The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the antitrust laws. Seminars conducted under the auspices of the CAS are designed solely to

More information

Investigating Your Career

Investigating Your Career Preparing Your Path to Success Investigating Your Career Ann K. Jordan Lynne T. Whaley Thomson South-Western SLIDE 1 Preparing Your Path to Success Discuss realistic career expectations. Compare the differences

More information

Machine Learning. Genetic Algorithms

Machine Learning. Genetic Algorithms Machine Learning Genetic Algorithms Genetic Algorithms Developed: USA in the 1970 s Early names: J. Holland, K. DeJong, D. Goldberg Typically applied to: discrete parameter optimization Attributed features:

More information

Machine Learning. Genetic Algorithms

Machine Learning. Genetic Algorithms Machine Learning Genetic Algorithms Genetic Algorithms Developed: USA in the 1970 s Early names: J. Holland, K. DeJong, D. Goldberg Typically applied to: discrete parameter optimization Attributed features:

More information

Mapping ISO/IEC 27001:2005 -> ISO/IEC 27001:2013

Mapping ISO/IEC 27001:2005 -> ISO/IEC 27001:2013 Mapping ISO/IEC 27001:2005 -> ISO/IEC 27001:2013 Carlos Bachmaier http://excelente.tk/ - 20140218 2005 2013 In 2005 0 Introduction 0 Process approach PDCA In 2013 0 No explicit process approach ISMS part

More information

Job Batching and Scheduling for Parallel Non- Identical Machines via MILP and Petri Nets

Job Batching and Scheduling for Parallel Non- Identical Machines via MILP and Petri Nets Proceedings of the 2009 IEEE International Conference on Systems, Man, and Cybernetics San Antonio, TX, USA - October 2009 Job Batching and Scheduling for Parallel Non- Identical Machines via MILP and

More information

ISSN: ISO 9001:2008 Certified International Journal of Engineering and Innovative Technology (IJEIT) Volume 3, Issue 9, March 2014

ISSN: ISO 9001:2008 Certified International Journal of Engineering and Innovative Technology (IJEIT) Volume 3, Issue 9, March 2014 A Comprehensive Model for Evaluation of Sport Coaches Performance Qiang ZHANG 1* Bo HOU 1 Yue WANG 1 Yarong XIAO 1 1. College of Optoelectronic Engineering Chongqing University Chongqing P.R. China 400044

More information

SEQUENCING & SCHEDULING

SEQUENCING & SCHEDULING SEQUENCING & SCHEDULING November 14, 2010 1 Introduction Sequencing is the process of scheduling jobs on machines in such a way so as to minimize the overall time, cost and resource usage thereby maximizing

More information

The remote assessment process is carried out by independent evaluators: professors and experts in each discipline.

The remote assessment process is carried out by independent evaluators: professors and experts in each discipline. Evaluation criteria remote assessment Evaluation criteria GUIDELINES AND CRITERIA FOR EVALUATING APPLICATIONS DURING THE REMOTE ASSESSMENT PROCESS Overview The remote assessment process is carried out

More information

Paper submitted to the Regional Meeting of Resident Representatives in Latin America (Santiago, Chile >12 September 1972).

Paper submitted to the Regional Meeting of Resident Representatives in Latin America (Santiago, Chile >12 September 1972). INSTITUTO LATINOAMERICANO DE P L A N I F I C A C I O N ECONOMICA Y SOCIAL LIMITED INST/69 30 August I972 ENGLISH ORIGINAL: SPANISH EDUCATION AND DEWELOHENT Paper submitted to the Regional Meeting of Resident

More information

EST Accuracy of FEL 2 Estimates in Process Plants

EST Accuracy of FEL 2 Estimates in Process Plants EST.2215 Accuracy of FEL 2 Estimates in Process Plants Melissa C. Matthews Abstract Estimators use a variety of practices to determine the cost of capital projects at the end of the select stage when only

More information

Oshoring in a Knowledge Economy

Oshoring in a Knowledge Economy Oshoring in a Knowledge Economy Pol Antras Harvard University Luis Garicano University of Chicago Esteban Rossi-Hansberg Stanford University Main Question Study the impact of cross-country teams formation

More information

Price of anarchy in auctions & the smoothness framework. Faidra Monachou Algorithmic Game Theory 2016 CoReLab, NTUA

Price of anarchy in auctions & the smoothness framework. Faidra Monachou Algorithmic Game Theory 2016 CoReLab, NTUA Price of anarchy in auctions & the smoothness framework Faidra Monachou Algorithmic Game Theory 2016 CoReLab, NTUA Introduction: The price of anarchy in auctions COMPLETE INFORMATION GAMES Example: Chicken

More information

Test Management: Leading Your Team To Success 12/10/2011. Test Management: Leading Your Team To Success (extract)

Test Management: Leading Your Team To Success 12/10/2011. Test Management: Leading Your Team To Success (extract) Test Management: Leading Your Team To Success (extract) Silverpath Technologies Inc. Trevor.Atkins@silverpath.com Testing Thinking Through What is Quality? conformance to requirements: meeting customer

More information

Index terms Diagrid, Nonlinear Static Analysis, SAP 2000.

Index terms Diagrid, Nonlinear Static Analysis, SAP 2000. Pushover Analysis of Diagrid Structure Ravi K Revankar, R.G.Talasadar P.G student, Dept of Civil Engineering, BLDEA S V.P Dr P.G Halakatti College of Engineering & Technology Bijapur-586101 Associate Professor,

More information

3. Scheduling issues. Common approaches /2. Common approaches /1. Common approaches / /17 UniPD / T. Vardanega 06/03/2017

3. Scheduling issues. Common approaches /2. Common approaches /1. Common approaches / /17 UniPD / T. Vardanega 06/03/2017 Common approaches /2 3. Scheduling issues Weighted round-robin scheduling With basic round-robin All ready jobs are placed in a FIFO queue The job at head of queue is allowed to execute for one time slice

More information

ICMIEE-PI A Case Study of Appropriate Supplier Selection of RFL industry by using Fuzzy Inference System (FIS)

ICMIEE-PI A Case Study of Appropriate Supplier Selection of RFL industry by using Fuzzy Inference System (FIS) International Conference on Mechanical, Industrial and Energy Engineering 2014 25-26 December, 2014, Khulna, BANGLADESH ICMIEE-PI-14034510 000 A Case Study of Appropriate Supplier Selection of RFL industry

More information

A Production Problem

A Production Problem Session #2 Page 1 A Production Problem Weekly supply of raw materials: Large Bricks Small Bricks Products: Table Profit = $20/Table Chair Profit = $15/Chair Session #2 Page 2 Linear Programming Linear

More information

Evaluation of supply quality in passenger transport as a basis for the assessment of railway infrastructure measures

Evaluation of supply quality in passenger transport as a basis for the assessment of railway infrastructure measures Evaluation of supply quality in passenger transport as a basis for the assessment of railway infrastructure measures DB Netz AG I.NVT 7 Univ.-Prof. Dr.-Ing. Andreas Oetting, Angela Rio presenter: Michael

More information

Generative Models for Networks and Applications to E-Commerce

Generative Models for Networks and Applications to E-Commerce Generative Models for Networks and Applications to E-Commerce Patrick J. Wolfe (with David C. Parkes and R. Kang-Xing Jin) Division of Engineering and Applied Sciences Department of Statistics Harvard

More information

SAS/STAT 14.1 User s Guide. Introduction to Categorical Data Analysis Procedures

SAS/STAT 14.1 User s Guide. Introduction to Categorical Data Analysis Procedures SAS/STAT 14.1 User s Guide Introduction to Categorical Data Analysis Procedures This document is an individual chapter from SAS/STAT 14.1 User s Guide. The correct bibliographic citation for this manual

More information

Assessment in Career Counseling & Development CHAPTER 7

Assessment in Career Counseling & Development CHAPTER 7 Assessment in Career Counseling & Development CHAPTER 7 1 Types of Assessment Objective: This assessment is usually in test form (e.g. the Scholastic Aptitude Test, interest inventories, personality tests

More information

Marketing plan template

Marketing plan template Marketing plan template Use this template to guide you through writing your own marketing action plan. Introduction What are the main objectives you want your marketing action plan to achieve for your

More information

+? Mean +? No change -? Mean -? No Change. *? Mean *? Std *? Transformations & Data Cleaning. Transformations

+? Mean +? No change -? Mean -? No Change. *? Mean *? Std *? Transformations & Data Cleaning. Transformations Transformations Transformations & Data Cleaning Linear & non-linear transformations 2-kinds of Z-scores Identifying Outliers & Influential Cases Univariate Outlier Analyses -- trimming vs. Winsorizing

More information

WE consider the general ranking problem, where a computer

WE consider the general ranking problem, where a computer 5140 IEEE TRANSACTIONS ON INFORMATION THEORY, VOL. 54, NO. 11, NOVEMBER 2008 Statistical Analysis of Bayes Optimal Subset Ranking David Cossock and Tong Zhang Abstract The ranking problem has become increasingly

More information

Applied Welfare Economics

Applied Welfare Economics Economics Monika Köppl - Turyna Department of Economics ISCTE-IUL Summer 2014/2015 Introduction We will have lectures and problem solving sessions (usually one per two lectures) Attendance is generally

More information

Managing Volatility. Risk in mining investment decisions. Managing Volatility

Managing Volatility. Risk in mining investment decisions. Managing Volatility Managing Volatility Risk in mining investment decisions Managing Volatility Previous page Contents page Next page Contents Managing volatility risk in mining investment decisions Introduction 2 Can your

More information

FEEDBACK TUTORIAL LETTER

FEEDBACK TUTORIAL LETTER FEEDBACK TUTORIAL LETTER 1 st SEMESTER 2017 ASSIGNMENT 2 COST AND MANAGEMENT ACCOUNTING 3A CMA311S 1 ASSIGNMENT 02 SOLUTIONS QUESTION 1 a) Order Cost 56,250 = 50 orders 1,125 = 50 x $10 = $500 (25 Marks)

More information

Improving Customer Service Using Survey Data: Framework for Developing Initiatives University of Texas at El Paso

Improving Customer Service Using Survey Data: Framework for Developing Initiatives University of Texas at El Paso Improving Customer Service Using Survey Data: Framework for Developing Initiatives University of Texas at El Paso SCUP 2010 SOUTHERN REGIONAL CONFERENCE Overview Background about Planning UTEP Business

More information

DEVELOPING A PERSUASIVE BUSINESS CASE FOR CRM. Glenda Parker

DEVELOPING A PERSUASIVE BUSINESS CASE FOR CRM. Glenda Parker DEVELOPING A PERSUASIVE BUSINESS CASE FOR CRM Glenda Parker CONTENTS INTRODUCTION 2 1. HAVE AN EXECUTIVE SUMMARY (BUT WRITE IT LAST) 3 2. CLEARLY OUTLINE THE PROJECT PURPOSE 3 3. IDENTIFY ALL KEY STAKEHOLDERS

More information

Sustainability Plan. Ecuador

Sustainability Plan. Ecuador Sustainability Plan 2017 Ecuador Our vision of sustainability and the preparation of this Plan 1 Ethics and transparency 3 People 5 Safe operation 9 Management of resources and impacts 10 Climate change

More information

Concrete vs. Wood Ties: Making the Economic Choice

Concrete vs. Wood Ties: Making the Economic Choice Concrete vs. Wood Ties: Making the Economic Choice Dr. Allan M. Zarembski, P.E. President ZETA-TECH Associates, Inc. zarembski@zetatech.com Track components must satisfy two basic criteria for acceptance.

More information

Human Development Research Paper 2010/28 Designing the Inequality-Adjusted Human Development Index (IHDI) Sabina Alkire and James Foster

Human Development Research Paper 2010/28 Designing the Inequality-Adjusted Human Development Index (IHDI) Sabina Alkire and James Foster Human Development Research Paper 2010/28 Designing the Inequality-Adjusted Human Development Index (IHDI) Sabina Alkire and James Foster United Nations Development Programme Human Development Reports Research

More information

Procedia - Social and Behavioral Sciences 189 ( 2015 ) XVIII Annual International Conference of the Society of Operations Management (SOM-14)

Procedia - Social and Behavioral Sciences 189 ( 2015 ) XVIII Annual International Conference of the Society of Operations Management (SOM-14) Available online at www.sciencedirect.com ScienceDirect Procedia - Social and ehavioral Sciences 189 ( 2015 ) 184 192 XVIII Annual International Conference of the Society of Operations Management (SOM-14)

More information

A Competitive Facility Location Game with Traffic Congestion Costs

A Competitive Facility Location Game with Traffic Congestion Costs A Competitive Facility Location Game with Traffic Congestion Costs Dr. Joseph Geunes & Dincer Konur University of Florida Industrial and Systems Engineering Department Outline Motivation and Introduction

More information

Modeling of competition in revenue management Petr Fiala 1

Modeling of competition in revenue management Petr Fiala 1 Modeling of competition in revenue management Petr Fiala 1 Abstract. Revenue management (RM) is the art and science of predicting consumer behavior and optimizing price and product availability to maximize

More information

Optimization of Plastic Injection Molding Process by Combination of Artificial Neural Network and Genetic Algorithm

Optimization of Plastic Injection Molding Process by Combination of Artificial Neural Network and Genetic Algorithm Journal of Optimization in Industrial Engineering 13 (2013) 49-54 Optimization of Plastic Injection Molding Process by Combination of Artificial Neural Network and Genetic Algorithm Mohammad Saleh Meiabadi

More information

Near-Balanced Incomplete Block Designs with An Application to Poster Competitions

Near-Balanced Incomplete Block Designs with An Application to Poster Competitions Near-Balanced Incomplete Block Designs with An Application to Poster Competitions arxiv:1806.00034v1 [stat.ap] 31 May 2018 Xiaoyue Niu and James L. Rosenberger Department of Statistics, The Pennsylvania

More information

Climate Change Impact Assessments: Uncertainty at its Finest. Josh Cowden SFI Colloquium July 18, 2007

Climate Change Impact Assessments: Uncertainty at its Finest. Josh Cowden SFI Colloquium July 18, 2007 Climate Change Impact Assessments: Uncertainty at its Finest Josh Cowden SFI Colloquium July 18, 27 Global Climate Modeling Emission Scenarios (SRES) A1 very rapid economic growth global population that

More information

BUSINESS Operating in a local business environment (Component 1)

BUSINESS Operating in a local business environment (Component 1) A LEVEL Exemplar Candidate Work H431 BUSINESS Operating in a local business environment (Component 1) September 2015 We will inform centres about any changes to the specification. We will also publish

More information

Minimizing Makespan for Machine Scheduling and Worker Assignment Problem in Identical Parallel Machine Models Using GA

Minimizing Makespan for Machine Scheduling and Worker Assignment Problem in Identical Parallel Machine Models Using GA , June 30 - July 2, 2010, London, U.K. Minimizing Makespan for Machine Scheduling and Worker Assignment Problem in Identical Parallel Machine Models Using GA Imran Ali Chaudhry, Sultan Mahmood and Riaz

More information

Lecture 3 Allocation and Distribution

Lecture 3 Allocation and Distribution Lecture 3 Allocation and Distribution Theodore Bergstrom, UCSB March 31, 2002 c 1998 Chapter 3 Allocation and Distribution The undisputed standard graduate public finance textbook when I was in graduate

More information

Interaction of Service Attributes on Customer Satisfaction

Interaction of Service Attributes on Customer Satisfaction Dissatisfied Satisfied 1 TONTINI, G.. Interaction of Service Attributes on Customer Satisfaction. In: 2011 IEEE International Conference on Quality and Reliability, 2011, Bangkok. Proceedings of..., 2011.

More information

Spatial Price Discrimination in International Markets. from Models to Data

Spatial Price Discrimination in International Markets. from Models to Data Spatial Price Discrimination in International Markets: from Models to Data Julien MARTIN (CREST, Paris1-PSE) under supervision of Prof. L. Fontagné Lunch Seminar, PSE, January 19 th 2009 Plan Introduction

More information

Game Theory & Firms. Jacob LaRiviere & Justin Rao April 20, 2016 Econ 404, Spring 2016

Game Theory & Firms. Jacob LaRiviere & Justin Rao April 20, 2016 Econ 404, Spring 2016 Game Theory & Firms Jacob LaRiviere & Justin Rao April 20, 2016 Econ 404, Spring 2016 What is Game Theory? Game Theory Intuitive Definition: Theory of strategic interaction Technical Definition: Account

More information

Exact Speedup Factors for Linear-Time Schedulability Tests for Fixed-Priority Preemptive and Non-preemptive Scheduling

Exact Speedup Factors for Linear-Time Schedulability Tests for Fixed-Priority Preemptive and Non-preemptive Scheduling Exact Speedup Factors for Linear-Time Schedulability Tests for Fixed-Priority Preemptive and Non-preemptive Scheduling Georg von der Brüggen 1, Jian-Jia Chen 1, Robert I. Davis 2, and Wen-Hung Kevin Huang

More information

Stage 1 Scoping (concept formation)

Stage 1 Scoping (concept formation) Stage 1 Scoping (concept formation) A quick assessment of the technical merits of the project and its market prospects Forming a team Define key attributes of product Technical feasibility Market prospects

More information

A RANKING AND PRIORITIZING METHOD FOR BRIDGE MANAGEMENT

A RANKING AND PRIORITIZING METHOD FOR BRIDGE MANAGEMENT A RANKING AND PRIORITIZING METHOD FOR BRIDGE MANAGEMENT Saleh Abu Dabous and Sabah Alkass Department of Building, Civil and Environmental Engineering, Concordia University, Rm: EV-6139 1455 de Maisonneuve,

More information

Intercultural Development Inventory (IDI): Independent Review

Intercultural Development Inventory (IDI): Independent Review Intercultural Development Inventory (IDI): Independent Review Submitted By: Andrew Wiley 917.885.0858 Awiley@acsventures.com 11035 Lavender Hill Drive, Suite 160-433 Las Vegas, NV 89135 w w w. a c s v

More information

Who Are My Best Customers?

Who Are My Best Customers? Technical report Who Are My Best Customers? Using SPSS to get greater value from your customer database Table of contents Introduction..............................................................2 Exploring

More information

Compensating Wage Differentials

Compensating Wage Differentials Compensating Wage Differentials Mariola Pytliková and UniversityOstrava, CReAM, IZA, CCP and CELSI Info about lectures: http://home.cerge-ei.cz/munich/labor15/ Office hours: by appointment Contact: Email:

More information

A Fuzzy Analytic Hierarchy Process Approach for Optimal Selection of Manufacturing Layout

A Fuzzy Analytic Hierarchy Process Approach for Optimal Selection of Manufacturing Layout A Fuzzy Analytic Hierarchy Process Approach for Optimal Selection of Manufacturing Layout Lindley Bacudio 1, Giselle Joy Esmeria 1 and Michael Angelo Promentilla 2 1 Industrial Engineering Department,

More information

Mass Customized Large Scale Production System with Learning Curve Consideration

Mass Customized Large Scale Production System with Learning Curve Consideration Mass Customized Large Scale Production System with Learning Curve Consideration KuoWei Chen and Richard Lee Storch Industrial & Systems Engineering, University of Washington, Seattle, U.S.A {kwc206,rlstorch}@uw.edu

More information

Comparison between sequential selection and co-optimization between energy and ancillary service markets

Comparison between sequential selection and co-optimization between energy and ancillary service markets Comparison between sequential selection and co-optimization between energy and ancillary service markets Date: Tuesday, November 7, 2017 Draft for discussion Click here to enter names of people copied

More information

Information technology Security techniques Information security management systems Overview and vocabulary

Information technology Security techniques Information security management systems Overview and vocabulary INTERNATIONAL STANDARD ISO/IEC 27000 Third edition 2014-01-15 Information technology Security techniques Information security management systems Overview and vocabulary Technologies de l information Techniques

More information

Data Mining. CS57300 Purdue University. March 27, 2018

Data Mining. CS57300 Purdue University. March 27, 2018 Data Mining CS57300 Purdue University March 27, 2018 1 Recap last class So far we have seen how to: Test a hypothesis in batches (A/B testing) Test multiple hypotheses (Paul the Octopus-style) 2 The New

More information

BCS THE CHARTERED INSTITUTE FOR IT. BCS HIGHER EDUCATION QUALIFICATIONS BCS Level 6 Professional Graduate Diploma in IT SOFTWARE ENGINEERING 2

BCS THE CHARTERED INSTITUTE FOR IT. BCS HIGHER EDUCATION QUALIFICATIONS BCS Level 6 Professional Graduate Diploma in IT SOFTWARE ENGINEERING 2 BCS THE CHARTERED INSTITUTE FOR IT BCS HIGHER EDUCATION QUALIFICATIONS BCS Level 6 Professional Graduate Diploma in IT SOFTWARE ENGINEERING 2 Friday 30 th September 2016 - Morning Answer any THREE questions

More information