Sentence examples for endogenous uncertainty from inspiring English sources

The model also considers the endogenous uncertainty associated with product test outcomes during the development process.

However, most investigations thus far were focused mainly on point forecasts, which in reality cannot facilitate quantitative characterization of the endogenous uncertainty involved.

The Expected Gain (EG) function estimates, a priori, the gains associated with all possible switch latencies given the subjects' endogenous timing uncertainty and other relevant task parameters such as the payoffs and probabilities.

For instance, short behavioral responses can be flexibly parameterized to match the temporal statistics of the environment and in doing so rely on an endogenous timing uncertainty that, ultimately, can affect adaptive decision-making11,13 decision-making11,13

The target-switch latency in this discrimination procedure was defined as the mean departure (or switch) latency and the endogenous timing uncertainty was quantified as the coefficient of variation (CV = standard deviation data)/mean data)), a measure of relative dispersion of the switch latency distribution11.

This paper proposes a five-stage methodology to estimate the value of flexibility in petroleum production projects under endogenous and exogenous uncertainties.

Castelnuovo, E., Moretto, M. & Vergalli, S. Global warming, uncertainty and endogenous technical change.

Because the actions of decision makers may have an impact on the evolution of underlying sources of uncertainty, this endogenous relationship is modeled and a solution approach developed that converges to an equilibrium system state and improves the performance of agents and the system.

To quantify the value of travel time reliability (or reliability improvement), we need to integrate trip scheduling, endogenous traffic congestion, travel time uncertainty, and pricing strategies in one modeling framework.

Presenting MOEs on an individual estrogen basis allows for the derivation of MOEs without using relative potency adjustments for the endogenous estrogens, thus eliminating the uncertainty associated with such adjustment factors.

In 2011 the 3000 μg/L drinking-water guideline for acute or short-term exposure to nitrite was maintained; however, the 200 μg/L drinking-water guideline for chronic or long-term exposure to nitrite was "suspended and is under review owing to significant uncertainty surrounding the endogenous formation of nitrite and concentrations in human saliva" [ 1].