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Anatoliy Swishchuk, Nikolaos Limnios

Discrete-Time Semi-Markov Random Evolutions and Their Applications

This book extends the theory and applications of random evolutions to semi-Markov random media in discrete time, essentially focusing on semi-Markov chains as switching or driving processes. After giving …

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Shiva

Balancing Risk and Reward: How Subjects Value Information in a Discrete-Time Experiment

Expected Utility Theory (EUT): This framework assumes individuals choose actions that maximize their expected utility. Information can be valuable because it reduces uncertainty about future outcomes, all…

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EUR 28,10* Aktueller Preis: EUR 28,10

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