70,775 research outputs found

    Fair social decision under uncertainty and belief disagreements

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    This paper aims to address two issues related to simultaneous aggregation of utilities and beliefs. The first one is related to how to integrate both inequality and uncertainty considerations into social decision making. The second one is related to how social decision should take disagreements in beliefs into account. To accomplish this, whereas individuals are assumed to abide by Savage model’s of subjective expected utility, society is assumed to prescribe, either to each individual when the ex ante individual well-being is favored or to itself when the ex post individual well-being is favored, acting in accordance with the maximin expected utility theory of Gilboa and Schmeidler (J Math Econ 18:141–153, 1989). Furthermore, it adapts an ex ante Pareto-type condition proposed by Gayer et al. (J Legal Stud 43:151–171, 2014), which says that a prospect Pareto dominates another one if the former gives a higher expected utility than the latter one, for each individual, for all individuals’ beliefs. In the context where the ex ante individual welfare is favored, our ex ante Pareto-type condition is shown to be equivalent to social utility taking the form of a MaxMinMin social welfare function, as well as to the individual set of priors being contained within the range of individual beliefs. However, when the ex post individual welfare is favored, the same Pareto-type condition is shown to be equivalent to social utility taking the form of a MaxMinMin social welfare function, as well as to the social set of priors containing only weighted averages of individual beliefs

    Harnessing Real Estate Investment through Decision Process for Selecting Tenants in Nigeria

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    One of daunting challenges to harnessing real estate investment in Nigeria is selection of tenants. Many prospective tenants of completed development projects often appear good at the recruitment stage but later become belligerent with grave consequence and challenge to the Estate Surveyors. This paper examines the criteria set by practitioners in selecting tenants in Lagos Nigeria. A survey of Estate Surveyors and was carried out to obtain the criteria and relative importance index analysis carried to determine their rankings. The outcome showed the decision process to assist estate surveyors in recruiting reliable tenants such that investors in real estate will harness adequate and remunerative returns and have value for their investment

    Rating and ranking of multiple-aspect alternatives using fuzzy sets

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    A method is proposed to deal with multiple-alternative decision problems under uncertainty. It is assumed that all the alternatives in the choice set can be characterized by a number of aspects, and that information is available to assign weights to these aspects and to construct a rating scheme for the various aspects of each alternative. The method basically consists of computing weighted final ratings for each alternative and comparing the weighted final ratings. The uncertainty that is assumed to be inherent in the assessments of the ratings and weights is accounted for by considering each of these variables as fuzzy quantities, characterized by appropriate membership functions. Accordingly, the final evaluation of the alternatives consists of a degree of membership in the fuzzy set of alternatives ranking first. A practical method is given to compute membership functions of fuzzy sets induced by mappings, and applied to the problem at hand. A number of examples are worked out. The method is compared to another one proposed by Kahne who approaches the problem probabilistically

    Learning Task Relatedness in Multi-Task Learning for Images in Context

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    Multimedia applications often require concurrent solutions to multiple tasks. These tasks hold clues to each-others solutions, however as these relations can be complex this remains a rarely utilized property. When task relations are explicitly defined based on domain knowledge multi-task learning (MTL) offers such concurrent solutions, while exploiting relatedness between multiple tasks performed over the same dataset. In most cases however, this relatedness is not explicitly defined and the domain expert knowledge that defines it is not available. To address this issue, we introduce Selective Sharing, a method that learns the inter-task relatedness from secondary latent features while the model trains. Using this insight, we can automatically group tasks and allow them to share knowledge in a mutually beneficial way. We support our method with experiments on 5 datasets in classification, regression, and ranking tasks and compare to strong baselines and state-of-the-art approaches showing a consistent improvement in terms of accuracy and parameter counts. In addition, we perform an activation region analysis showing how Selective Sharing affects the learned representation.Comment: To appear in ICMR 2019 (Oral + Lightning Talk + Poster

    Learning Organizations and Their Role in Achieving Organizational Excellence in the Palestinian Universities

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    The research aims to identify the learning organizations and their role in achieving organizational excellence in the Palestinian universities in Gaza Strip. The researchers used descriptive analytical approach and used the questionnaire as a tool for information gathering. The questionnaires were distributed to senior management in the Palestinian universities. The study population reached (344) employees in senior management is dispersed over (3) Palestinian universities. A stratified random sample of (182) workers from the Palestinian universities was selected and the recovery rate was (69.2%). Statistical analysis (SPSS) program was used for analysis and processing the data. The research found the following results: there is a fair degree of approval on "cognitive dimension", there is a high approval about the importance of "organizational dimension", there is moderately consent of the importance of "Community dimension", there is a large degree of consent about the importance of axis of the "leadership excellence", there is a large degree of consent about the importance of axis of the "service-excellence", there is a fair degree approval about the importance of the axis of "cognitive excellence", and there is a moderately consent of the importance of "Organizational Excellence". The research found a group of recommendations including: the need to develop appropriate strategies for the University, employ modern technology in information systems, in addition to provide appropriate environment that achieve learning organizations, develop technological infrastructure, adopt universities for knowledge management in the academic and administrative departments because knowledge is the core of the work of these departments, create technological incubators in universities to adopt excellence academic research projects, and protected them, support them, and market them. Establishing of centers of excellence for scientific research in the university.The need for cooperation and coordination between local, Arab and international universities for the exchange of knowledge, information, and participation programs and training courses, as it provides an opportunity to develop the capabilities and skills of personnel and expertise

    Building institutions for growth and human developement : an economic perspective applied to transitional countries of Europe and CIS

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    The collapse of the communist system during the late 1980’s redefined the hierarchy among Central and Eastern European Countries (CEECs) and the former USSR. Some of these countries joined the EU ; some did not ; others formed the CIS . In particular, institutions, mainly market and political one, appear to be a strong foundation for a rapid but irreversible shift from socialism to market-oriented economy. The relationship between economic performance and the quality of domestic institutions has emerged recently as a major subject of interest. The literature shows that the higher the quality of domestic institutions the better the effects on the Human development and growth of a country. The aim of this paper is to analyse in a more qualitative way the role of institutions in transitional countries in the CEECs and CIS. The main question we address is: what kind of institutional arrangement leads to Human development? We propose an analytical pattern where global performance (i.e. Human development) is the final outcome of a new institutional arrangement
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