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Concept

Public choice

Related publications (17)

OASIS: Optimisation-based Activity Scheduling with Integrated Simultaneous choice dimensions

Michel Bierlaire, Timothy Michael Hillel, Janody Pougala

Activity-based models offer the potential of a far deeper understanding of daily mobility behaviour than trip-based models. However, activity-based models used both in research and practice have often relied on applying sequential choice models between sub ...

2023

Representing location choice within activity-based models

Michel Bierlaire, Timothy Michael Hillel, Janody Pougala

Since the 70s, there has been a growing interest in activity-based modelling. This approach models the need to travel as a result of performing daily activities (Bowman and Ben-Akiva, 2001). Nevertheless, the activities need to be scheduled which involves ...

2022

Information Theoretic Characterization of Uncertainty Distinguishes Surprise From Accuracy Signals in the Brain

Kerstin Preuschoff, Leyla Loued-Khenissi

Uncertainty presents a problem for both human and machine decision-making. While utility maximization has traditionally been viewed as the motive force behind choice behavior, it has been theorized that uncertainty minimization may supersede reward motivat ...

2020

Efficient Learning from Comparisons

Lucas Maystre

Humans are comparison machines: comparing and choosing an item among a set of alternatives (such as objects or concepts) is arguably one of the most natural ways for us to express our preferences and opinions. In many applications, the analysis of data con ...

EPFL2018

Arithmetic and geometric structures in cryptography

Benjamin Pierre Charles Wesolowski

We explore a few algebraic and geometric structures, through certain questions posed by modern cryptography. We focus on the cases of discrete logarithms in finite fields of small characteristic, the structure of isogeny graphs of ordinary abelian varietie ...

EPFL2018

A Robust Resolution of Newcomb's Paradox

Thomas Alois Weber

Newcomb's problem is viewed as a dynamic game with an agent and a superior being as players. Depending on whether or not a risk-neutral agent's confidence in the superior being, as measured by a subjective probability assigned to the move order, exceeds a ...

Springer2016

Location choice with longitudinal WiFi data

Michel Bierlaire, Matthieu Marie Cochon de Lapparent, Antonin Danalet

Location-aware data collection technologies provide new insights about location choices. Only a few dynamic models of location choice exist in scientific literature. To our knowledge, none of them correct for serial correlation. In this paper, we model cho ...

University of Leeds2016

Activity choice modeling for pedestrian facilities

Antonin Danalet

This thesis develops models of activity and destination choices in pedestrian facilities from WiFi traces. We adapt the activity-based travel demand analysis of urban mobility to pedestrians and to digital footprints. We are interested in understanding the ...

EPFL2015

Using semi-open questions to integrate perceptions in choice models

Michel Bierlaire, Bilge Atasoy, Aurélie Glerum

This research investigates the measurement of perceptions by means of adjectives freely reported by respondents in semi-open questions. It involved the use of semi-open responses of 1'763 Swiss individuals to develop indicators for a latent variable repres ...

Elsevier Sci Ltd2014

The economic performance of Swiss drinking water utilities

Anne-Kathrin Faust

This paper measures the performance in terms of costs of Swiss drinking water utilities accounting for environmental factors. We estimate a translog stochastic variable cost frontier using two different techniques on an unbalanced panel of 141 water distri ...

Springer Verlag2014

A mixed random utility Random regret model linking the choice of decision rule to latent character traits

Amanda Blomberg Stathopoulos

An increasing number of studies are concerned with the use of alternatives to random utility maximisation as a decision rule in choice models, with a particular emphasis on regret minimisation over the last few years. The initial focus was on revealing whi ...

2013

An empirical comparison of travel choice models that capture preferences for compromise alternatives

Michel Bierlaire

Compromise alternatives have an intermediate performance on each or most attributes rather than having a poor performance on some attributes and a strong performance on others. The relative popularity of compromise alternatives among decision-makers has be ...

Springer2013

Linking response quality to survey engagement: A combined random scale and latent variable approach

Amanda Blomberg Stathopoulos

Recent interest in the topic of random scale heterogeneity in discrete choice data has led to the development of specialised tools such as the G-MNL model, as well as repeated claims that studies which fail to separate scale heterogeneity from heterogeneit ...

2013

Escaping the Prior Knowledge Corridor: What shapes the Number and Variety of Market Opportunities identified before Market Entry of Technology Start-ups?

Marc Gruber, James David Thompson

The choice of the firm's market environment is one of the fundamental decisions of firm founders. We study the pre-entry generation of founders' market choice sets by investigating their search for market opportunities in which the firm's technological res ...

INFORMS2013

Corporate governance and capital structure dynamics

Erwan Morellec, Boris Nikolov, Norman Schuerhoff

We develop a dynamic tradeoff model to examine the importance of managershareholder conflicts in capital structure choice. In the model, firms face taxation, refinancing costs, and liquidation costs. Managers own a fraction of the firms equity, capture par ...

2012

Revisiting reference point formation, gains-losses asymmetry and non-linear sensitivities with an emphasis on attribute specific treatment

Amanda Blomberg Stathopoulos

In contrast with expected utility theory, empirical findings indicate that decision-makers are sensitive to departures from reference points rather than states. Several tests of the reference-dependent preference framework have been carried out in experime ...

Pergamon-Elsevier Science Ltd2012

Dual Representation Of Monotone Convex Functions On L-0

We study monotone convex functions psi : L-0 (Omega, F, P) -> (-infinity, infinity] and derive a dual representation as well as conditions that ensure the existence of a sigma-additive subgradient. The results are motivated by applications in economic agen ...

American Mathematical Society (AMS)2011