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EPSTEIN ISE SEMINAR
Thu, Mar 07, 2013 @ 10:45 AM - 11:45 AM
Daniel J. Epstein Department of Industrial and Systems Engineering
Conferences, Lectures, & Seminars
Speaker: Please contact Julia L. Higle at julie.higle@usc.edu for speaker's name, and afiliation
Talk Title: Please contact Julia L. Higle at julie.higle@usc.edu for speaker's title
Abstract: Some of the significant features in our era include the design of large scale systems, the prevalence of large data-sets, numerous advancements in medicine; healthcare; and public policy, and the presence of multiple stakeholders with multiple objectives and incentives structures. A unifying theme that arises in these areas is the need for sound decision making. This talk will present recent advances in one of the foundational aspects of decision making: the accurate representation of preferences using a multiattribute utility function. These new methods include (i) using a general expansion theorem for multiattribute utility functions and the notion of a utility diagram; (ii) using a utility copula function to incorporate dependence using single attribute assessments, and (iii) deriving the functional form by asserting the number of preference switches that may occur for lotteries defined on a subset of the attributes as the level of the remaining attributes varies. Ongoing research projects on decision Making using crowd-sourcing and decision making in large-scale systems will also be presented.
Host: Daniel J. Epstein Department of Industrial and Systems Engineering
Location: Ronald Tutor Hall of Engineering (RTH) - Room 526
Audiences: Everyone Is Invited
Contact: Georgia Lum