8 results on '"utility prediction"'
Search Results
2. Does the Dream of Home Ownership Rest Upon Biased Beliefs? A Test Based on Predicted and Realized Life Satisfaction.
- Author
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Odermatt, Reto and Stutzer, Alois
- Subjects
- *
HOME ownership , *LIFE satisfaction , *HOUSE buying , *SATISFACTION , *GOAL (Psychology) - Abstract
The belief that home ownership makes people happy is probably one of the most widespread intuitive theories of happiness. However, whether it is accurate is an open question. Based on individual panel data, we explore whether home buyers systematically overestimate the life satisfaction associated with moving to their privately owned property. To identify potential prediction errors, we compare people's forecasts of their life satisfaction in 5 years' time with their current realizations. We find that home buyers for whom the purchase of the home is a main reason for moving, on average, systematically overestimate the long-term satisfaction gain of living in their dwelling. The misprediction therein is driven by home buyers who follow extrinsically-oriented life goals, highlighting biased beliefs regarding own preferences as a relevant mechanism in the prediction errors. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
3. DLUP: A Deep Learning Utility Prediction Scheme for Solid-State Fermentation Services in IIoT.
- Author
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Wang, Min, Pang, Shanchen, Ding, Tong, Qiao, Sibo, Zhai, Xue, Wang, Shuo, Xiong, Neal N., and Huang, Zhengwen
- Abstract
At present, solid-state fermentation (SSF) is mainly controlled by artificial experience, and the product quality and yield are not stable. Therefore, predicting the quality and yield of SSF is of great significance for improving the utility of SSF. In this article, we propose a deep learning utility prediction (DLUP) scheme for the SSF in the Industrial Internet of Things, including parameters collection and utility prediction of the SSF process. Furthermore, we propose a novel edge-rewritable Petri net to model the parameters collection and utility prediction of the SSF process and further verify their soundness. More importantly, DLUP combines the generating ability of least squares generative adversarial network with the predicting ability of fully connected neural network to realize the utility prediction (usually use the alcohol concentration) of SSF. Experiments show that the proposed method predicts the alcohol concentration more accurately than the other joint prediction methods. In addition, the method in our article provides evidences for setting the ratio of raw materials and proper temperature through numerical analysis. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
4. Time Series Predictive Models for Opponent Behavior Modeling in Bilateral Negotiations
- Author
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Yesevi, Gevher (author), Keskin, M.O. (author), Doğru, Anıl (author), Aydoğan, Reyhan (author), Yesevi, Gevher (author), Keskin, M.O. (author), Doğru, Anıl (author), and Aydoğan, Reyhan (author)
- Abstract
In agent-based negotiations, it is crucial to understand the opponent’s behavior and predict its bidding pattern to act strategically. Foreseeing the utility of the opponent’s coming offer provides valuable insight to the agent so that it can decide its next move wisely. Accordingly, this paper addresses predicting the opponent’s coming offers by employing two deep learning-based approaches: Long Short-Term Memory Networks and Transformers. The learning process has three different targets: estimating the agent’s utility of the opponent’s coming offer, estimating the agent’s utility of that without using opponent-related variables, and estimating the opponent’s utility of that by using opponent-related variables. This work reports the performances of these models that are evaluated in various negotiation scenarios. Our evaluation showed promising results regarding the prediction performance of the proposed methods., Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public., Interactive Intelligence
- Published
- 2023
- Full Text
- View/download PDF
5. DLUP: A Deep Learning Utility Prediction Scheme for Solid-State Fermentation Services in IIoT
- Author
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Sibo Qiao, Tong Ding, Min Wang, Naixue Xiong, Wang Shuo, Xue Zhai, Zheng wen Huang, and Shanchen Pang
- Subjects
Scheme (programming language) ,solid-state fermentation ,Computer science ,business.industry ,fully connected neural network ,Deep learning ,petri net ,least squares generative adversarial network ,Computer Science Applications ,utility prediction ,Solid-state fermentation ,Control and Systems Engineering ,Artificial intelligence ,Electrical and Electronic Engineering ,business ,Process engineering ,computer ,Information Systems ,computer.programming_language - Abstract
© Copyright 2021 The Author(s). At present, Solid-State Fermentation (SSF) is mainly controlled by artificial experience, and the product quality and yield are not stable. Therefore, predicting the quality and yield of SSF is of great significance for improving the utility of SSF. In this works, we propose a Deep Learning Utility Prediction (DLUP) scheme for the SSF in the Industrial Internet of Things (IIoT), including parameter collection and utility prediction of the SSF process. Furthermore, we propose a novel Edge-rewritable Petri net to model the parameter collection and utility prediction of the SSF process and further verify their soundness. More impor- tantly, DLUP combines the generating ability of Least Squares Generative Adversarial Networks (LSGAN) with the predicting ability of Fully Connected Neural Network (FCNN) to realize the utility prediction (usually use the alcohol concentration) of SSF. Experiments show that the proposed method predicts the alcohol concentration more accurately than the other joint prediction methods. In addition, the method in our paper provides evidences for setting the ratio of raw materials and proper temperature through numerical analysis. Tai Shan Industry Leading Talent Project (Grant Number: tscy20180416); Major Science and Technology Innovation Project of Shandong Province (Grant Number: 2019TSLH0214).
- Published
- 2022
- Full Text
- View/download PDF
6. Does the Dream of Home Ownership Rest upon Biased Beliefs? A Test Based on Predicted and Realized Life Satisfaction
- Author
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Reto Odermatt and Alois Stutzer
- Subjects
R20 ,intuitive theories of happiness ,projection bias ,D83 ,housing tenure ,subjective well-being ,utility prediction ,home ownership ,life goals ,D90 ,ddc:330 ,D12 ,beliefs ,I31 ,life satisfaction ,Social Sciences (miscellaneous) - Abstract
The belief that home ownership makes people happy is probably one of the most widespread intuitive theories of happiness. However, whether it is accurate is an open question. Based on individual panel data, we explore whether home buyers systematically overestimate the life satisfaction associated with moving to their privately owned property. To identify potential prediction errors, we compare people’s forecasts of their life satisfaction in 5 years’ time with their current realizations. We find that home buyers for whom the purchase of the home is a main reason for moving, on average, systematically overestimate the long-term satisfaction gain of living in their dwelling. The misprediction therein is driven by home buyers who follow extrinsically-oriented life goals, highlighting biased beliefs regarding own preferences as a relevant mechanism in the prediction errors.
- Published
- 2022
7. (Mis-)Predicted Subjective Well-Being Following Life Events
- Author
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Alois Stutzer and Reto Odermatt
- Subjects
unemployment ,media_common.quotation_subject ,jel:D60 ,adaptation ,Affect (psychology) ,projection-bias ,jel:D03 ,utility prediction ,0502 economics and business ,ddc:330 ,D12 ,adaptation, life satisfaction, life events, projection-bias, subjective well-being, utility prediction, unemployment ,I31 ,050207 economics ,Subjective well-being ,Adaptation (computer science) ,life satisfaction ,050205 econometrics ,media_common ,unemployement ,05 social sciences ,Life events ,Cornerstone ,Life satisfaction ,jel:D12 ,life events ,jel:I31 ,D60 ,subjective well-being ,Unemployment ,D03 ,Psychology ,General Economics, Econometrics and Finance ,Cognitive psychology ,Panel data - Abstract
The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being after facing major life events. Based on individual panel data, we compare people's life satisfaction forecasts reported in the first interview after a major life event with their actual evaluations five years later on. This is done after the individuals experience widowhood, unemployment, disability, marriage, separation or divorce. We find systematic prediction errors that seem at least partly driven by unforeseen adaptation after the first four of these events.
- Published
- 2018
- Full Text
- View/download PDF
8. Cooperation Enforcement and Learning for Optimizing Packet Forwarding in Autonomous Wireless Networks
- Author
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ARRAYCOMM SAN JOSE CA, Pandana, Charles, Han, Zhu, Liu, K. J., ARRAYCOMM SAN JOSE CA, Pandana, Charles, Han, Zhu, and Liu, K. J.
- Abstract
In wireless ad hoc networks, autonomous nodes are reluctant to forward others' packets because of the nodes' limited energy. However, such selfishness and noncooperation deteriorate both the system efficiency and nodes' performances. Moreover, the distributed nodes with only local information may not know the cooperation point, even if they are willing to cooperate. Hence, it is crucial to design a distributed mechanism for enforcing and learning the cooperation among the greedy nodes in packet forwarding. In this paper, we propose a self-learning repeated-game framework to overcome the problem and achieve the design goal. We employ self-transmission efficiency as the utility function of individual autonomous node. The self transmission efficiency is defined as the ratio of the power for self packet transmission over the total power for self packet transmission and packet forwarding. Then, we propose a framework to search for good cooperation points and maintain the cooperation among selfish nodes. The framework has two steps: First, an adaptive repeated game scheme is designed to ensure the cooperation among nodes for the current cooperative packet forwarding probabilities. Second, self-learning algorithms are employed to find the better cooperation probabilities that are feasible and benefit all nodes. We propose three learning schemes for different information structures, namely, learning with perfect observability learning through flooding, and learning through utility prediction. Starting from noncooperation, the above two steps are employed iteratively, so that better cooperating points can be achieved and maintained in each iteration. From the simulations, the proposed framework is able to enforce cooperation among distributed selfish nodes and the proposed learning schemes achieve 70% to 98% performance efficiency compared to that of the optimal solution.
- Published
- 2008
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