An uncertain death

Optimal Aging with Uncertain Death

This paper extends the theory of optimal aging and death (Dalgaard and Strulik, 2010, 2013) towards uncertain death. Specifically, it is assumed that at any age the probability to survive depends on the number of health deficits accumulated. At the expense of less analytical tractability the model provides a formal description of aging as conceptualized in modern biology, i.e. as an inherently ...

ON THE MATCHING NUMBER OF AN UNCERTAIN GRAPH

Uncertain graphs are employed to describe graph models with indeterministicinformation that produced by human beings. This paper aims to study themaximum matching problem in uncertain graphs.The number of edges of a maximum matching in a graph is called matching numberof the graph. Due to the existence of uncertain edges, the matching number of an uncertain graph is essentially an uncertain var...

Hitting an uncertain target

Experiments in which monkeys have to select or estimate the location of a target are revealing more about the role of the dorsal premotor cortex in decision making.

Discounting an uncertain future

The objective of this paper is to determine the socially optimal discount rate for public investment projects that entail costs and benefits in the very long run. We suppose that there is an exogenous process for the growth of consumption per capita, which is stochastic. We first evaluate the determinants of the discount rate for a specific horizon when the representative agent has a recursive ...

Policies for an Uncertain World