dc.contributor.advisor | Wortman, Martin A. | |
dc.creator | Park, Jee Hyuk | |
dc.date.accessioned | 2010-01-15T00:13:02Z | |
dc.date.accessioned | 2010-01-16T00:54:47Z | |
dc.date.available | 2010-01-15T00:13:02Z | |
dc.date.available | 2010-01-16T00:54:47Z | |
dc.date.created | 2008-05 | |
dc.date.issued | 2009-05-15 | |
dc.identifier.uri | https://hdl.handle.net/1969.1/ETD-TAMU-2757 | |
dc.description.abstract | A wager is a one time bet, staking money on one among a collection of alternatives
having uncertain reward. Wagers represent a common class of engineering
decision, where “bets” are placed on the design, deployment, and/or operation of
technology. Often such wagers are characterized by alternatives having value that
evolves according to some future cash flow. Here, the values of specific alternatives
are derived from a cash flow modeled as a stochastic marked point process. A principal
difficulty with these engineering wagers is that the probability laws governing
the dynamics of random cash flow typically are not (completely) available; hence,
separating the gambler’s preference among wager alternatives is quite difficult.
In this dissertation, we investigate a computational approach for separating preferences
among alternatives of a wager where the alternatives have values that evolve
according to a marked point processes. We are particularly concerned with separating
a gambler’s preferences when the probability laws on the available alternatives are
not completely specified. | en |
dc.format.medium | electronic | en |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | |
dc.subject | Wager | en |
dc.subject | Design Decision | en |
dc.subject | Risk Preference | en |
dc.subject | Marked Point Process | en |
dc.subject | Expected Utility | en |
dc.subject | Optimization | en |
dc.subject | MCMC | en |
dc.title | On the separation of preferences among marked point process wager alternatives | en |
dc.type | Book | en |
dc.type | Thesis | en |
thesis.degree.department | Industrial and Systems Engineering | en |
thesis.degree.discipline | Industrial Engineering | en |
thesis.degree.grantor | Texas A&M University | en |
thesis.degree.name | Doctor of Philosophy | en |
thesis.degree.level | Doctoral | en |
dc.contributor.committeeMember | Cetinkaya, Sila | |
dc.contributor.committeeMember | Klutke, Georgia-Ann | |
dc.contributor.committeeMember | Yan, Catherine | |
dc.type.genre | Electronic Dissertation | en |
dc.type.material | text | en |
dc.format.digitalOrigin | born digital | en |