Exact(10)
If they value principle and valor, there's no doubt.
Lead times were assumed to be given constants and the net present value principle was applied.
With small populations enjoying high welfare, a variable value principle behaves like total utilitarianism and assigns most of the value to the total sum of welfare.
These options can be assessed in terms of what is known within contemporary decision theory as the Expected Value Principle (EVP).
An attempt to produce a compromise between a total principle and an average principle is provided by a variable value principle.
Finally, to illustrate the applicability of our results, we derive the optimal reinsurance explicitly for both the expected value principle and Wang's principle.
Similar(50)
I start with the value principles.
Depending on how precisely various different value principles are worked out they have different implications, which critics have regarded as devastating.
What sets von Mueffling apart is an approach rooted in the classic value principles of stock picking and a healthy skepticism about technology valuations.
Variable value principles are sometimes called "compromise theories" since they can be said to be a compromise between total and average utilitarianism.
Humanists certainly value principles that our nation was founded on, which include freedom of -- and from -- religion.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com