Sentence examples for certainty equivalent from inspiring English sources

One is the certainty equivalent control and the other is the bounding control.

The fuzzy neural network is introduced for compensation of the unknown certainty equivalent controller.

A generic solution strategy for the resulting certainty equivalent is presented.

We normalize the certainty equivalent of the agent's reservation utility to zero.

We extend stochastic programming approaches, namely the chance constrained approach and the recourse approach to obtain a certainty equivalent program.

A comparison of the proposed dual controller with caution and certainty equivalent controllers is shown in numerical examples.

It belongs to the class of so called dynamic certainty equivalents Kupper and Schachermayer (2009).

We also refer to Biagini and Bion-Nadal (2014) for a more general approach to dynamic certainty equivalents (e.g., by using stochastic utility functions U), and to Bielecki et al. (2016) for the definition of certainty equivalents for processes.

SERF partitions a set of risky alternative tree replanting strategies in terms of certainty equivalents (CEs) for a specified range of attitudes to risk.

SERF is based on the notion that ranking risky alternatives in terms of utility is the same as ranking alternatives with certainty equivalents (CE).

Four binary lotteries (money gambles with specified probabilities) and four decomposed lotteries designed to test GS and four decomposed lotteries to test DD were constructed, and certainty equivalents (CEs) were estimated for each lottery.