Browsing Mathematics (Faculty of) by Subject "Utility"
Now showing items 1-3 of 3
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Active Sensing for Partially Observable Markov Decision Processes
(University of Waterloo, 2013-01-21)Context information on a smart phone can be used to tailor applications for specific situations (e.g. provide tailored routing advice based on location, gas prices and traffic). However, typical context-aware smart phone ... -
Hedging Costs for Variable Annuities
(University of Waterloo, 2013-09-03)A general methodology is described in which policyholder behaviour is decoupled from the pricing of a variable annuity based on the cost of hedging it, yielding two sequences of weakly coupled systems of partial differential ... -
Some Functional Equations Connected with the Utility of Gains and Losses
(University of Waterloo, 2002)The behavioral properties shown by people when they make selections between different choices will be studied. Based on empirical and logical data a mathematical axiomatic model is built. D. Luce is a major ...