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

Optimal regimes for algorithm-assisted human decision-making

We consider optimal regimes for algorithm-assisted human decision-making. Such regimes are decision functions of measured pre-treatment variables and, by leveraging natural treatment values, enjoy a superoptimality property whereby they are guaranteed to o ...

2024

A Privacy-Preserving Querying Mechanism with High Utility for Electric Vehicles

Sayan Biswas

Electric vehicles (EVs) are becoming more popular due to environmental consciousness. The limited availability of charging stations (CSs), compared to the number of EVs on the road, has led to increased range anxiety and a higher frequency of CS queries du ...

Ieee-Inst Electrical Electronics Engineers Inc2024

OASIS: An integrated optimisation framework for activity scheduling

Janody Pougala

Activity-based models offer the potential for a far deeper understanding of daily mobility behaviour than trip-based models. Based on the fundamental assumption that travel demand is derived from the need to do activities, they are flexible tools that aim ...

EPFL2024

Contextual Stochastic Bilevel Optimization

Daniel Kuhn, Yifan Hu, Andreas Krause, Jie Wang

We introduce contextual stochastic bilevel optimization (CSBO) -- a stochastic bilevel optimization framework with the lower-level problem minimizing an expectation conditioned on some contextual information and the upper-level decision variable. This fram ...

2023

A continuum approximation approach to the depot location problem in a crowd-shipping system

Nikolaos Geroliminis, Patrick Stefan Adriaan Stokkink

Last-mile delivery in the logistics chain contributes to congestion in urban networks due to frequent stops. Crowd-shipping is a sustainable and low-cost alternative to traditional delivery but relies heavily on the availability of occasional couriers. In ...

PERGAMON-ELSEVIER SCIENCE LTD2023

Safety risk management in University laboratories

Anastasia Jung

Risk management has become an essential element in the functioning of modern society. Correct risk identification and assessment are undoubtedly crucial to improving overall safety; nevertheless, often, it is accompanied by the wrong selection of correctiv ...

EPFL2023

Relatively Robust Decisions

Thomas Alois Weber

It is natural for humans to judge the outcome of a decision under uncertainty as a percentage of an ex-post optimal performance. We propose a robust decision-making framework based on a relative performance index. It is shown that if the decision maker’s p ...

2023

Overcoming decision paralysis—A digital twin for decision making in energy system design

François Maréchal, Tuong-Van Nguyen, Julia Granacher

The design of efficient energy systems, through the development of new technologies and the improvement of current ones, requires the use of rigorous process synthesis methods for generating and analysing design alternatives. We introduce a digital twin of ...

2022

Safety Decision-Making for Laboratory Processes in Academia

Thierry Meyer, Anastasia Jung

There is a need for a tool that facilitates safety decision-making in the academic environment. As this environment is very different from that of industry or other public sectors, there is no information available on the factors that influence the decisio ...

2022

A conceptual construct on value for infrastructure asset management

Matthias Finger

Understanding the meaning of value to asset-intensive organizations and their stakeholders has been a long -standing goal of researchers and managers of the asset management community. These issues have become particularly prominent with the publication of ...

ELSEVIER SCI LTD2022

Optimization and equilibrium problems with discrete choice models

Stefano Bortolomiol

Many transportation markets are characterized by oligopolistic competition. In these markets customers, suppliers and regulators make decisions that are influenced by the preferences and the decisions of all other agents. In particular, capturing and under ...

EPFL2022

Capturing trade-offs between daily scheduling choices

Michel Bierlaire, Janody Pougala, Timothy Michael Hillel

We propose a new modelling approach for daily activity scheduling which integrates the different daily scheduling choice dimensions (activity participation, location, schedule, duration and transportation mode) into a single optimisation problem. The funda ...

ELSEVIER SCI LTD2022

Decision Framework to Balance Environmental, Technical, Logistical, and Economic Criteria When Designing Structures With Reused Components

Numa Joy Bertola, Célia Marine Küpfer, Corentin Jean Dominique Fivet, Jan Friedrich Georg Brütting

The reuse of structural components in new buildings has great potential to reduce the environmental impacts of the construction sector but remains uncommon practice. An obstacle to its wider implementation is the lack of robust assessment methods and decis ...

2021

Bayesian Decision Making in Groups is Hard

Jan Hazla

We study the computations that Bayesian agents undertake when exchanging opinions over a network. The agents act repeatedly on their private information and take myopic actions that maximize their expected utility according to a fully rational posterior be ...

INFORMS2021

Evaluating the predictive abilities of mixed logit models with unobserved inter- and intra-individual heterogeneity

Michel Bierlaire, Prateek Bansal

Mixed logit models with unobserved inter-and intra-individual heterogeneity hierarchically extend standard mixed logit models by allowing tastes to vary randomly both across individuals and across choice situations encountered by the same individual. Recen ...

ELSEVIER SCI LTD2021

Decision Learning and Adaptation Over Multi-Task Networks

Ali H. Sayed

This paper studies the operation of multi-agent networks engaged in multi-task decision problems under the paradigm of simultaneous learning and adaptation. Two scenarios are considered:one in which a decision must be taken among multiple states of nature ...

IEEE-INST ELECTRICAL ELECTRONICS ENGINEERS INC2021

Informational frictions in financial markets

Erik Hapnes

This thesis consists of three chapters on informational frictions in financial markets. The chapters analyze problems related to markets' ability to guide real investment, and what drives liquidity. Both problems are important to ensure efficient resource ...

EPFL2021

Monotonicity in the trip scheduling problem

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

The equilibrium of the archetypal morning commute problem with alpha -,B - gamma preferences has been shown to be unstable with various rational adjustment mechanisms, under both continuous and discrete day-to-day dynamics. It is not clear however whether ...

PERGAMON-ELSEVIER SCIENCE LTD2021

Modeling infectious disease dynamics towards informed public health interventions, with applications on COVID-19 and cholera

Joseph Chadi Benoit Lemaitre

Emerging and existing infectious diseases pose a constant threat to individuals and communities across the world. In many cases, the burden of these diseases is preventable through public health interventions. However, taking the right decisions and design ...

EPFL2021

Motivating Innovation: The Effect of Loss Aversion on the Willingness to Persist

Kenneth Younge

We investigate the willingness of individuals to persist at exploration in the face of failure. Prior research suggests that the organization's "tolerance for failure" may motivate greater exploration by the individual. Little is known, however, about how ...

MIT Press2020