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Elicitation Of Preferences
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Book Synopsis Elicitation of Preferences by : Baruch Fischhoff
Download or read book Elicitation of Preferences written by Baruch Fischhoff and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists and psychologists have, on the whole, exhibited sharply different perspectives on the elicitation of preferences. Economists, who have made preference the central primitive in their thinking about human behavior, have for the most part rejected elicitation and have instead sought to infer preferences from observations of choice behavior. Psychologists, who have tended to think of preference as a context-determined subjective construct, have embraced elicitation as their dominant approach to measurement. This volume, based on a symposium organized by Daniel McFadden at the University of California at Berkeley, provides a provocative and constructive engagement between economists and psychologists on the elicitation of preferences.
Download or read book Elicitation written by Luis C. Dias and published by Springer. This book was released on 2017-11-16 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about elicitation: the facilitation of the quantitative expression of subjective judgement about matters of fact, interacting with subject experts, or about matters of value, interacting with decision makers or stakeholders. It offers an integrated presentation of procedures and processes that allow analysts and experts to think clearly about numbers, particularly the inputs for decision support systems and models. This presentation encompasses research originating in the communities of structured probability elicitation/calibration and multi-criteria decision analysis, often unaware of each other’s developments. Chapters 2 through 9 focus on processes to elicit uncertainty from experts, including the Classical Method for aggregating judgements from multiple experts concerning probability distributions; the issue of validation in the Classical Method; the Sheffield elicitation framework; the IDEA protocol; approaches following the Bayesian perspective; the main elements of structured expert processes for dependence elicitation; and how mathematical methods can incorporate correlations between experts. Chapters 10 through 14 focus on processes to elicit preferences from stakeholders or decision makers, including two chapters on problems under uncertainty (utility functions), and three chapters that address elicitation of preferences independently of, or in absence of, any uncertainty elicitation (value functions and ELECTRE). Two chapters then focus on cross-cutting issues for elicitation of uncertainties and elicitation of preferences: biases and selection of experts. Finally, the last group of chapters illustrates how some of the presented approaches are applied in practice, including a food security case in the UK; expert elicitation in health care decision making; an expert judgement based method to elicit nuclear threat risks in US ports; risk assessment in a pulp and paper manufacturer in the Nordic countries; and elicitation of preferences for crop planning in a Greek region.
Book Synopsis The Construction of Preference by : Sarah Lichtenstein
Download or read book The Construction of Preference written by Sarah Lichtenstein and published by Cambridge University Press. This book was released on 2006-08-28 with total page 709 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors.
Author :Moshe Ben-Akiva Publisher :Foundations and Trends (R) in Econometrics ISBN 13 :9781680835267 Total Pages :144 pages Book Rating :4.8/5 (352 download)
Book Synopsis Foundations of Stated Preference Elicitation by : Moshe Ben-Akiva
Download or read book Foundations of Stated Preference Elicitation written by Moshe Ben-Akiva and published by Foundations and Trends (R) in Econometrics. This book was released on 2019-01-28 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides stated preference data collection methods, discrete choice models, and statistical analysis tools that can be used to forecast demand and assess welfare impacts for new or modified products or services in real markets, and summarize the conditions under which the reliability of these methods has been demonstrated or can be tested.
Book Synopsis Group Recommender Systems by : Alexander Felfernig
Download or read book Group Recommender Systems written by Alexander Felfernig and published by Springer Nature. This book was released on 2023-11-27 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses different aspects of group recommender systems, which are systems that help to identify recommendations for groups instead of single users. In this context, the authors present different related techniques and applications. The book includes in-depth summaries of group recommendation algorithms, related industrial applications, different aspects of preference construction and explanations, user interface aspects of group recommender systems, and related psychological aspects that play a crucial role in group decision scenarios.
Book Synopsis Incentivizing Stated Preference Elicitation with Choice-matching in the Field by : Ewa Zawojska
Download or read book Incentivizing Stated Preference Elicitation with Choice-matching in the Field written by Ewa Zawojska and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Recent Advances in Mathematical and Statistical Methods by : D. Marc Kilgour
Download or read book Recent Advances in Mathematical and Statistical Methods written by D. Marc Kilgour and published by Springer. This book was released on 2018-11-04 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the recent development of methodologies and computation methods in mathematical and statistical modelling, computational science and applied mathematics. It emphasizes the development of theories and applications, and promotes interdisciplinary endeavour among mathematicians, statisticians, scientists, engineers and researchers from other disciplines. The book provides ideas, methods and tools in mathematical and statistical modelling that have been developed for a wide range of research fields, including medical, health sciences, biology, environmental science, engineering, physics and chemistry, finance, economics and social sciences. It presents original results addressing real-world problems. The contributions are products of a highly successful meeting held in August 2017 on the main campus of Wilfrid Laurier University, in Waterloo, Canada, the International Conference on Applied Mathematics, Modeling and Computational Science (AMMCS-2017). They make this book a valuable resource for readers interested not only in a broader overview of the methods, ideas and tools in mathematical and statistical approaches, but also in how they can attain valuable insights into problems arising in other disciplines.
Book Synopsis Foundations of Stated Preference Elicitation by : Moshe E. Ben-Akiva
Download or read book Foundations of Stated Preference Elicitation written by Moshe E. Ben-Akiva and published by . This book was released on 2019 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collective Preference and Choice by : Shmuel Nitzan
Download or read book Collective Preference and Choice written by Shmuel Nitzan and published by Cambridge University Press. This book was released on 2010 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the classical aggregation problems that arise in social choice theory, voting theory, and group decision-making under uncertainty.
Book Synopsis A Short Introduction to Preferences by : Francesca Bellet
Download or read book A Short Introduction to Preferences written by Francesca Bellet and published by Springer Nature. This book was released on 2022-06-01 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computational social choice is an expanding field that merges classical topics like economics and voting theory with more modern topics like artificial intelligence, multiagent systems, and computational complexity. This book provides a concise introduction to the main research lines in this field, covering aspects such as preference modelling, uncertainty reasoning, social choice, stable matching, and computational aspects of preference aggregation and manipulation. The book is centered around the notion of preference reasoning, both in the single-agent and the multi-agent setting. It presents the main approaches to modeling and reasoning with preferences, with particular attention to two popular and powerful formalisms, soft constraints and CP-nets. The authors consider preference elicitation and various forms of uncertainty in soft constraints. They review the most relevant results in voting, with special attention to computational social choice. Finally, the book considers preferences in matching problems. The book is intended for students and researchers who may be interested in an introduction to preference reasoning and multi-agent preference aggregation, and who want to know the basic notions and results in computational social choice. Table of Contents: Introduction / Preference Modeling and Reasoning / Uncertainty in Preference Reasoning / Aggregating Preferences / Stable Marriage Problems
Book Synopsis A Study in Preference Elicitation Under Uncertainty by : Greg Hines
Download or read book A Study in Preference Elicitation Under Uncertainty written by Greg Hines and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In many areas of Artificial Intelligence (AI), we are interested in helping people make better decisions. This help can result in two advantages. First, computers can process large amounts of data and perform quick calculations, leading to better decisions. Second, if a user does not have to think about some decisions, they have more time to focus on other things they find important. Since users' preferences are private, in order to make intelligent decisions, we need to elicit an accurate model of the users' preferences for different outcomes. We are specifically interested in outcomes involving a degree of risk or uncertainty. A common goal in AI preference elicitation is minimizing regret, or loss of utility. We are often interested in minimax regret, or minimizing the worst-case regret. This thesis examines three important aspects of preference elicitation and minimax regret. First, the standard elicitation process in AI assumes users' preferences follow the axioms of Expected Utility Theory (EUT). However, there is strong evidence from psychology that people may systematically deviate from EUT. Cumulative prospect theory (CPT) is an alternative model to expected utility theory which has been shown empirically to better explain humans' decision-making in risky settings. We show that the standard elicitation process can be incompatible with CPT. We develop a new elicitation process that is compatible with both CPT and minimax regret. Second, since minimax regret focuses on the worst-case regret, minimax regret is often an overly cautious estimate of the actual regret. As a result, using minimax regret can often create an unnecessarily long elicitation process. We create a new measure of regret that can be a more accurate estimate of the actual regret. Our measurement of regret is especially well suited for eliciting preferences from multiple users. Finally, we examine issues of multiattribute preferences. Multiattribute preferences provide a natural way for people to reason about preferences. Unfortunately, in the worst-case, the complexity of a user's preferences grows exponentially with respect to the number of attributes. Several models have been proposed to help create compact representations of multiattribute preferences. We compare both the worst-case and average-case relative compactness.
Book Synopsis Risk Aversion in Experiments by : G.W. Harrison
Download or read book Risk Aversion in Experiments written by G.W. Harrison and published by Emerald Group Publishing. This book was released on 2008-02-29 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents research utilizing laboratory experimental methods in economics.
Book Synopsis Who Will Pay for Long Term Care? by : Nelda McCall
Download or read book Who Will Pay for Long Term Care? written by Nelda McCall and published by . This book was released on 2001 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects on efforts to implement the Partnership for Long Term Care, a project funded by the Robert Wood Johnson Foundation. The Partnership's early failures and successes are discussed, and alternative visions of future long term care financing are described. Contributors represent a variety of ideological viewpoints on individual versus societal responsibilities and the relative roles of the public and private sectors in providing a safety net for the elderly, yet all are skeptical of the success of the Partnership. They outline difficulties from practical and policy standpoints and discuss lessons learned. This book lacks a subject index. c. Book News Inc.
Book Synopsis Data Elicitation for Second and Foreign Language Research by : Susan M. Gass
Download or read book Data Elicitation for Second and Foreign Language Research written by Susan M. Gass and published by Routledge. This book was released on 2007-02-22 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely reference guide is specifically directed toward the needs of second language researchers, who can expect to gain a clearer understanding of which techniques may be most appropriate and fruitful in given research domains. Data Elicitation for Second and Foreign Language Research is a perfect companion to the same author team’s bestselling Second Language Research: Methodology and Design. It is an indispensable text for graduate or advanced-level undergraduate students who are beginning research projects in the fields of applied linguistics, second language acquisition, and TESOL as well as a comprehensive reference for more seasoned researchers.
Book Synopsis Investigating Different Methods for Query Selection in Preference Elicitation by : Augustine Chife
Download or read book Investigating Different Methods for Query Selection in Preference Elicitation written by Augustine Chife and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The elicitation of preferences from individual users has been an increasing area of research. The goal is to learn as much as possible about a user's values (utilities) for different outcomes in order to perform tasks on behalf of the user. The aim of this report is to build on existing work on assisting agents in choosing the most effective query to pose to a user. The report will explore different ways of using the estimated utility values of each outcome in a preference graph to calculate the expected value of each possible query. Our simulation results will be evaluated using three evaluation measures: the number of new preferences actually learned as a result of the query chosen, the number of pairs of outcomes for which the true preference is correctly predicted by the new estimated utilities, and the root mean squared error between the estimated utilities and the true utilities. The performance of some of the methods implemented (Default and Normal-0. 05) were quite competitive with the already existing Minimum method. However, the other methods implemented performed poorly when compared with the existing method.
Book Synopsis Patient Involvement in Health Technology Assessment by : Karen M. Facey
Download or read book Patient Involvement in Health Technology Assessment written by Karen M. Facey and published by Springer. This book was released on 2017-05-15 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to offer a comprehensive guide to involving patients in health technology assessment (HTA). Defining patient involvement as patient participation in the HTA process and research into patient aspects, this book includes detailed explanations of approaches to participation and research, as well as case studies. Patient Involvement in HTA enables researchers, postgraduate students, HTA professionals and experts in the HTA community to study these complementary ways of taking account of patients’ knowledge, experiences, needs and preferences. Part I includes chapters discussing the ethical rationale, terminology, patient-based evidence, participation and patient input. Part II sets out methodology including: Qualitative Evidence Synthesis, Discrete Choice Experiments, Analytical Hierarchy Processes, Ethnographic Fieldwork, Deliberative Methods, Social Media Analysis, Patient-Reported Outcome Measures, patients as collaborative research partners and evaluation. Part III contains 15 case studies setting out current activities by HTA bodies on five continents, health technology developers and patient organisations. Each part includes discussion chapters from leading experts in patient involvement. A final chapter reflects on the need to clearly define the goals for patient involvement within the context of the HTA to identify the optimal approach. With cohesive contributions from more than 80 authors from a variety of disciplines around the globe, it is hoped this book will serve as a catalyst for collaboration to further develop patient involvement to improve HTA. "If you’re not involving patients, you're not doing HTA!" - Dr. Brian O’Rourke, President and CEO of CADTH, Chair of INAHTA
Book Synopsis Elicitation of Expert Opinions for Uncertainty and Risks by : Bilal M. Ayyub
Download or read book Elicitation of Expert Opinions for Uncertainty and Risks written by Bilal M. Ayyub and published by CRC Press. This book was released on 2001-06-27 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts, despite their importance and value, can be double-edged swords. They can make valuable contributions from their deep base of knowledge, but those contributions may also contain their own biases and pet theories. Therefore, selecting experts, eliciting their opinions, and aggregating their opinions must be performed and handled carefully, with full recognition of the uncertainties inherent in those opinions. Elicitation of Expert Opinions for Uncertainty and Risks illuminates those uncertainties and builds a foundation of philosophy, background, methods, and guidelines that helps its readers effectively execute the elicitation process. Based on the first-hand experiences of the author, the book is filled with illustrations, examples, case studies, and applications that demonstrate not only the methods and successes of expert opinion elicitation, but also its pitfalls and failures. Studies show that in the future, analysts, engineers, and scientists will need to solve ever more complex problems and reach decisions with limited resources. This will lead to an increased reliance on the proper treatment of uncertainty and on the use of expert opinions. Elicitation of Expert Opinions for Uncertainty and Risks will help prepare you to better understand knowledge and ignorance, to successfully elicit expert opinions, to select appropriate expressions of those opinions, and to use various methods to model and aggregate opinions.
