In his so-called 'Allais Impossibility Theorem', Allais (1988) asserts that the technique of 'generalized expected utility analysis' from Machina (1982) is invalid, on the grounds that its key tool, the 'local utility function', cannot be well-defined for preferences over finite-outcome lotteries. This paper presents a brief description of the local utility function and a summary of Allais' arg...

Aim To reduce the number of invalid surgical consents in the Singapore National Eye Centre Day Surgery Unit over a period of 6 months. Methodology A multidisciplinary team involving doctors, nurses, day surgery unit, operating theatre, listing and clinical audit staff looked into the listing process and the root causes of the high number of invalid consents. A Pareto chart detailing the top c...

Urban morphology, including buildings’ typology and their configuration, affects sky view factor and insolation, which are two of the most influential parameters in urban microclimate. These become even more important in extreme environmental conditions. In this research, challenge was to generate various rule based urban morphologies in a parametric environment. Then, to evaluate them based on...

Advanced Manufacturing (AM) markets are a major factor of contemporary worldwide growth that to large extent determines countries’ competitiveness. Strengthening and/or optimizing the positions on AM is among challenges for modern industrial policy. This article discusses structure and dynamics development advanced manufacturing markets, as well specifics policies countries strengthening their ...

we investigated the distribution of asbestos containing materials(acms) in korea for 15 school buildings built before and after 1990, including elementary schools, middle schools and high schools. in order to perform risk assessments of samples gathered from the buildings, the study used four different rules as the criteria: results from the ahera rule, the hse rule and the astm rule on acms we...