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The aim of this study is to contrast the neural temporal features of decision making in context with risk and ambiguity. Facing stimulus of risk or ambiguity in a monetary gambling, 13 participants were ask to decide to bet or not, while the event-related potentials (ERPs) were recorded. The ERP components, identified as the P200 and N200 were found. The P200 amplitude elicited by the risky condition...
Building on our previous work, we examine the effect of role specialisation on a society using a scenario from the area of comparative economics. In connection with this our central contribution is the use of Interval Type-2 Fuzzy Sets to model emerging normative understanding, which is represented using the concept of Dynamic Deon tics. This integrated mechanism, along with a supporting visualisation...
Currently universities have faced a popular realistic subject, that is, how to construct a reasonable salary incentive mechanism based on two tasks of teaching and scientific research for teachers. This paper builds a multi-task principal-agent model based on those tasks which are delegated to teachers by universities. Then, through in-depth analysis of the model, we explore the relationships among...
Although there are many methods for ranking type-1 fuzzy numbers, most of which exist some limitations. In this paper, we firstly propose a new distance measure based method to rank type-1 fuzzy numbers, which defines two formats of possibility mean and variation coefficient. It not only clearly discriminates the ranking of the type-1 fuzzy numbers especially for the reasonable ranking of symmetric...
We extend the expectation-based loss-averse newsvendor model according [1] by assuming that decision maker confronts deterministic demand and uncertain supply at the beginning of a selling season. We show with numerical study that the higher the penalty coefficient, the lower the optimal order quantity. Higher retail price and salvage value lead to optimally order more. However, when the wholesale...
This paper presents a risk constrained economic dispatch model incorporating both the wind power and units' forced outage. The operation cost objective includes the costs of generation, spinning reserve, load shedding and wind spillage and the risk index is chosen as the expected load not served. A test system is adopted for illustration. The simulation results show that to decrease the cost (risk)...
Although the Shapley value method can realize the fair income distribution of the R&D alliance, it cannot achieve the Pareto efficiency. We consider a R&D alliance with a supervisor as the third party in uncertain environments. When the alliance income exceeds the predetermined target income, the alliance income ought to be distributed completely among the R&D enterprises according...
Abstaining from voting is widespread in a voting process. Those candidates not be approved of are generally presumed to be disapproved in approval voting with abstention votes, which may ignore some genuine and meaningful information hidden in abstention votes. This paper constructs an analyzing model for abstention votes based on incomplete information system (IIS) and vague sets, and gives a new...
Online reputation has been proved to build trust and decrease uncertainty by prior studies with survey, panel, and experiment data. Aiming to directly measure reputation value, we adopted famous Becker-DeGroot-Marschack (BDM) auction procedure in economics to elicit subject's true willingness to pay (WTP) for product in a three-stage behavior experiment. The image of five-crown and five-heart, neither...
The common fraud events between the public accounting firm and the audited enterprise have occurred frequently, coupled with the lack of supervision and punishment, so that the quality of accounting information is constantly seriously questioned by the public. In this paper, I establish the principal-agent model of uncertainty and without supervision between the accounting firm and enterprise by making...
In order to improve the management level of enterprise marketing network, enterprise marketing network is abstracted as complex network based on the complex network theory. The paper has given survivability definition of the enterprise marketing network, and has put forward survivability evaluation method an enterprise marketing network. The conclusion has important theoretical implications for management...
In this paper, sliding mode variable structure control for the dynamic system of knowledge workers in high-tech enterprises is given. First, t the more general dynamic system on technical knowledge workers, managerial knowledge workers, marketing knowledge workers, and others in high-tech enterprises is studied. Second, the sliding mode variable structure control strategy is introduced on the basic...
This paper uses the HP filter to verify that Shanxi's industry is very unstable, and the income of residents faces huge uncertainty under the heavy chemical industrial structure. On this basis, using the Granger causality test and impulse response function analysis, we find that the volatility of the industrial system in Shanxi is the important source of residents' income uncertainty.
A framework for Identification of Risk Factors in Brownfield Redevelopment is proposed from the perspective of an empirical study. Firstly, the selection of the primary set of risk factors of brownfield redevelopment is put forth by the literature research and group decision methods. Then reliability and validity of the primary set of risk factors of brownfield redevelopment is approved by calculating...
Using Social Network Analysis, this study investigates whether a board interlocking network exists among the French listed companies (we consider the French Financial Indices CAC 40 and SBF 250) and how this network differs between CAC40 companies and SBF250 companies. Moreover, this research focuses on whether a firmâs centrality is associated with its size. The results suggest that (1)...
Getting involved in standards competition is becoming a new feature of market competition, which has drawn great attention in academic circles. The existing research on the influencing mechanism of standards competition on the consumer market is very limited. This article discusses the impacting path of standards competition on consumers' new product purchase decisions and the moderating effect of...
In the paper, the convergence in credibility measure and the convergence in credibility distribution of fuzzy variable is discussed based on uncertainty theory.
In the paper, some properties related to characteristic function, density function and credibility distribution function of uncertain variable are discussed based on uncertainty theory.
Due to the structural characteristics of the value chain, there exists great risk. Any problem that occurred in any link would influence the entire value chain. Risk management of value chain will become an important future research direction. This paper summarizes the main risk sources in the value chain and provides their assessment method. The results analyzed from which the counter measures for...
In Group-buying auction, the auctioneer is divided into two different roles, including suppliers and auction agent. The principal-agent relationship arises between suppliers and auction agent. To analyze this relationship, this paper describes the auction flow and Point out that this relationship is accord with common agency. We explore the goal conflict and information asymmetry of this principal-agent...
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