169 research outputs found

    An Interactive Computer Program for Assessing and Analyzing Preferences Concerning Multiple Objectives

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    An interactive computer program designed to facilitate the quantification of a decision maker's preferences for multiple objectives in terms of a multiattribute utility function is described. It is meant to alleviate many of the operational difficulties with current procedures for assessing and using multiattribute utility functions. The package includes commands for structuring the utility function, assessing single-attribute component utility functions of the overall multiattribute utility function, identifying the preference trade-offs between attributes, evaluating alternatives, and performing sensitivity analysis. Suggestions for using the program are included

    The measurement and determinants of skill acquisition in young workers' first job

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    The article analyses participation in five types of training (formal on-site, formal off-site, informal co-worker training, learning by watching and learning by doing) and self-assessed skill acquisition in young Flemish workers' first job. A skill production function is estimated whereby the simultaneity of participation in the different types of training and skill acquisition is taken into account. The results clearly demonstrate the importance of informal training. Formal training participation is found to be only a fraction of total training participation. Moreover, the determinants of total training participation and skill acquisition differ from those of formal training participation. While some training types are complementary, others are clearly substitutes. Finally, most types of training generate additional skills. Nonetheless, learning by doing is found to be complementary to formal education in the production of both specific and general skills, whereas formal training serves as a substitute
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