Stochastic dominance and medical decision making.

Electricity Procurement for Large Consumers with Second Order Stochastic Dominance Constraints

This paper presents a decision making approach for mid-term scheduling of large industrial consumers based on the recently introduced class of Stochastic Dominance (SD)- constrained stochastic programming. In this study, the electricity price in the pool as well as the rate of availability (unavailability) of the generating unit (forced outage rate) is considered as uncertain parameters. Th...

Decision criteria in risk analysis : an application of stochastic dominance with respect to a function

Stochastic Decision Making in Manufacturing Environments

Decision making plays an important role in economics, psychology, philosophy, mathematics, statistics and many other fields. In each field, decision making consists of identifying the values, uncertainties and other issues that define the decision. In any field, the nature of the decisions is affected by environmental characteristics. In this paper, we are considered the production planning pro...

An economic-risk analysis of alternative rotations by stochastic simulation in Fars province

ABSTRACT - Cultivation of legumes in crop rotations results in atmosphere nitrogen fixation. After harvesting, part of this external nitrogen remains in soil and is used by subsequent crops. This implies that producers would gain from lowering the amount of nitrogen fertilizer in their fields. In this study, stochastic simulation is used to generate probability distributions of net present valu...

The relationship between sense of power, sense of status and status seeking style with self-beneficial and other-beneficial unethical decision-making

Unethical decision making could be divided to selfish or self-benefical and other-benefical forms. The aim of this study was to investigate the differential rehationship between sense of power, sense of status and status seeking styles ( dominance and prestige) with two forms of unethical decision-making.The result of this study supported the conceptual distinction between two forms of unethica...