This paper studies the problem of finding the densest subgraph in an uncertain graph. Due to uncertainty in graphs, the traditional definitions of dense subgraphs are not applicable to uncertain graphs. In this paper, we introduce the expected density of an uncertain graph. Based on the expected density, we formalize the problem that, given an uncertain graph G = (V,E, P ) and a set of vertices...

A biological model is developed here to determine the fittest attitude to risk. With a fixed environment, the type maximizing expected offspring is selected. This yields the expected utility theorem when translated into a criterion for evaluating gambles over commodities. With a random environment, however, the type selected is strictly less averse to idiosyncratic risk than to risk which is co...

The structure of thin-film water on a BaF(2)(111) surface under ambient conditions was studied using x-ray absorption spectroscopy from ambient to supercooled temperatures at relative humidity up to 95%. No hexagonal ice-like structure was observed in spite of the expected templating effect of the lattice-matched (111) surface. The oxygen K-edge x-ray absorption spectrum of liquid thin-film wat...

Point transect sampling of calling coveys has been advocated for estimating autumn abundance of northern bobwhite (Colinus virginianus; hereafter bobwhite). We conducted power analysis, over a range of expected bobwhite calling covey densities to determine levels of sampling required to obtain density estimates for calling coveys over a wide range of precision. We used distance/detection inform...

This paper develops a new performance measurement methodology for algorithmic trading. By adapting capability from the quality control literature, we present new criteria for assessing control, expected tail loss and risk-adjusted performance in a single framework. The multi-scale capability measure we present is more descriptive and more appropriate for algorithmic trading than the traditional...

We provide a simple proof for the existence of an expected utility representation of a preference relation with an unbounded and continuous utility function. © 2014 Elsevier B.V. All rights reserved.

This paper characterizes properties of chance attitudes (nonadditive measures). It does so for decision under uncertainty (unknown probabilities), where it assumes Choquet expected utility, and for decision under risk (known probabilities), where it assumes rank-dependent utility. It analyzes chance attitude independently from utility. All preference conditions concern simple violations of the ...

In a credit market with enforcement constraints, we study the effects of a change in the outside options of a potential defaulter on the terms of the credit contract, as well as on borrower payoffs. The results crucially depend on the allocation of “bargaining power” between the borrower and the lender. We prove that there is a crucial threshold of relative weights such that if the borrower has...

Under study are games in which players receive private signals and then simultaneously choose actions from compact sets. Payoffs are measurable in signals and jointly continuous in actions. Stinchcombe (2011) [19] proves the existence of correlated equilibria for this class of games. This paper is a study of the information structures for these games, the discontinuous expected utility function...