Constructing Scalar-Valued Objective Functions

Proceedings of the Third International Conference on Econometric Decision Models, University of Hagen, September 5-8, 1995

By: Andranik Tangian (Editor), Josef Gruber (Editor)

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For several decades, scholars have developed methods for solving optimization problems which emerge in economics, econometrics, operations research, and other disciplines. A considerable effort has been made to construct equations from which constraints can be derived, but surprisingly little has been done to construct the other part of optimization models: the scalar-valued objective function, the constrained maximum or minimum of which gives the optimal solution. The given volume is intended to attract attention to the problem, to present the major achievements in the field and to stimulate further research and teaching.

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Preface
Introduction to the Third International Conference on Econometric Decision Models: Constructing Scalar-Valued Objective Functions	p. 3
Methodological Remarks on Objective Functions	p. 9
On the Preferences Characterization of Additively Separable Utility	p. 25
An Axiomatic Justification of Scalar Optimization	p. 41
Rational Choice Under Convex Conditions	p. 53
Additive Utility Without Solvability on All Components	p. 64
Intransitive Preference Relations and Preference Differences	p. 93
Constructing an Objective Function for Aggregating Incomplete Preferences	p. 100
Lexicographical Maxmin Core Solutions for Cooperative Games	p. 125
Game Theoretic Axioms for Utilities with Random Choices	p. 137
A Bounding Procedure for Expected Multiattribute Utility	p. 153
Constructing Quadratic and Polynomial Objective Functions	p. 166
Quadratic Objective Functions from Ordinal Data: Towards Reliable Representations of Policy Makers' Preferences	p. 195
Practical Implementation of a Survey for Estimating Quadratic Objective Functions	p. 215
Towards Constructing an Objective Function for Austrian Fiscal Policy Making: An Optimum Control Approach	p. 227
Game Theoretic Model for Constructing Linear Objective Functions	p. 253
Integrability Conditions, Income Distribution, and Social Structures	p. 271
'INDEX' - A Tool for Calculating Indices of Aggregated Consumer Demand Based on a Nonparametric Method for Analysis and Forecasts	p. 289
Table of Contents provided by Blackwell. All Rights Reserved.

Constructing Scalar-Valued Objective Functions

Proceedings of the Third International Conference on Econometric Decision Models, University of Hagen, September 5-8, 1995

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Paperback

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