299 research outputs found

    Fuzzy Cores and Fuzzy Balancedness

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    We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has been studied by Bondareva (1963) and Shapley (1967). First, we gain insight in this relation when we analyse situations where the fuzzy game is continuous. Our main result shows that any fuzzy game has a non-empty core if and only if it satisfies all (fuzzy) balanced inequalities. We also consider deposit games to illustrate the use of the main result.Cooperative fuzzy games;fuzzy balancedness;fuzzy core

    Excess Based Allocation of Risk Capital

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    In this paper we propose a new rule to allocate risk capital to portfolios or divisions within a firm. Specifically, we determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set of portfolios is defined as the expected loss of that set of portfolios in excess of the amount of risk capital allocated to them. The underlying idea is that large excesses are undesirable, and therefore the goal is to determine the allocation for which the largest excess is as small as possible. We show that this allocation rule yields a unique allocation, and that it satisfies some desirable properties. We also show that the allocation can be determined by solving a series of linear programming problems.risk capital;capital allocation;excesses;lexicographic minimum

    Fuzzy Cores and Fuzzy Balancedness

    Get PDF
    We study the relation between the fuzzy core and balancedness for fuzzy games. For regular games, this relation has been studied by Bondareva (1963) and Shapley (1967). First, we gain insight in this relation when we analyse situations where the fuzzy game is continuous. Our main result shows that any fuzzy game has a non-empty core if and only if it satisfies all (fuzzy) balanced inequalities. We also consider deposit games to illustrate the use of the main result.

    Deposit Games with Reinvestment

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    In a deposit game coalitions are formed by players combining their capital. The proceeds of their investments then have to be divided among those players. The current model extends earlier work on capital deposits by allowing reinvestment of returns. Two specific subclasses of deposit games are introduced. It is seen that each term dependent deposit game possesses a core element. Capital dependent deposit games are also shown to have a core element and even a population monotonic allocation scheme if the revenue function exhibits increasing returns to scale. Furthermore, it is shown that all superadditive games are deposit games if one allows for debt.cooperative game theory;deposit games;core elements;population monotonic allo- cation schemes;superadditive games

    Excess Based Allocation of Risk Capital

    Get PDF
    In this paper we propose a new rule to allocate risk capital to portfolios or divisions within a firm. Specifically, we determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set of portfolios is defined as the expected loss of that set of portfolios in excess of the amount of risk capital allocated to them. The underlying idea is that large excesses are undesirable, and therefore the goal is to determine the allocation for which the largest excess is as small as possible. We show that this allocation rule yields a unique allocation, and that it satisfies some desirable properties. We also show that the allocation can be determined by solving a series of linear programming problems.

    Double-beta decay Q values of 130Te, 128Te, and 120Te

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    The double-beta decay Q values of 130Te, 128Te, and 120Te have been determined from parent-daughter mass differences measured with the Canadian Penning Trap mass spectrometer. The 132Xe-129Xe mass difference, which is precisely known, was also determined to confirm the accuracy of these results. The 130Te Q value was found to be 2527.01(32) keV which is 3.3 keV lower than the 2003 Atomic Mass Evaluation recommended value, but in agreement with the most precise previous measurement. The uncertainty has been reduced by a factor of 6 and is now significantly smaller than the resolution achieved or foreseen in experimental searches for neutrinoless double-beta decay. The 128Te and 120Te Q values were found to be 865.87(131) keV and 1714.81(125) keV, respectively. For 120Te, this reduction in uncertainty of nearly a factor of 8 opens up the possibility of using this isotope for sensitive searches for neutrinoless double-electron capture and electron capture with positron emission.Comment: 5 pages, 2 figures, submitted to Physical Review Letter

    Integration of professional judgement and decision-making in high-level adventure sports coaching practice

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    This study examined the integration of professional judgement and decision-making processes in adventure sports coaching. The study utilised a thematic analysis approach to investigate the decision-making practices of a sample of high-level adventure sports coaches over a series of sessions. Results revealed that, in order to make judgements and decisions in practice, expert coaches employ a range of practical and pedagogic management strategies to create and opportunistically use time for decision-making. These approaches include span of control and time management strategies to facilitate the decision-making process regarding risk management, venue selection, aims, objectives, session content, and differentiation of the coaching process. The implication for coaches, coach education, and accreditation is the recognition and training of the approaches that“create time” for the judgements in practice, namely“creating space to think”. The paper concludes by offering a template for a more expertise-focused progression in adventure sports coachin

    Indinavir/Low-dose Ritonavir Containing HAART in HIV-1 Infected Children has Potent Antiretroviral Activity, but is Associated with Side Effects and Frequent Discontinuation of Treatment

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    We here present the study results of 21 HIV-1 infected children who were treated with indinavir plus low-dose ritonavir and two nucleoside reverse transcriptase inhibitors (NRTIs) for 48 weeks. Although this q12h HAART regimen had potent antiretroviral activity, it was frequently associated with side effects and discontinuation of therapy

    Studies of neutron-rich nuclei using the CPT mass spectrometer at CARIBU

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    The nucleosynthetic path of the astrophysical r-process and the resulting elemental abundances depend on neutron-separation energies which can be determined from the masses of the nuclei along the r-process reaction path. Due to the current lack of experimental data, mass models are often used. The mass values provided by the mass models are often too imprecise or disagree with each other. Therefore, direct high-precision mass measurements of neutron-rich nuclei are necessary to provide input parameters to the calculations and help refine the mass models. The Californium Rare Isotope Breeder Upgrade (CARIBU) facility of Argonne National Laboratory will provide experiments with beams of short-lived neutron-rich nuclei. The Canadian Penning Trap (CPT) mass spectrometer has been relocated to the CARIBU low-energy beam line to extend measurements of the neutron-rich nuclei into the mostly unexplored region along the r-process path. This will allow precise mass measurements (∼ 10 keV/c2) of more than a hundred very neutron-rich isotopes that have not previously been measured
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