Related papers: Weber-Fechner's Law and Demand Function
Energy demand prediction is critical for grid operators, industrial energy consumers, and service providers. Energy demand is influenced by multiple factors, including weather conditions (e.g. temperature, humidity, wind speed, solar…
This paper introduces conceptual relations that synthesize utilitarian and logical concepts, extending the logics of preference of Rescher. We define first, in the context of a possible worlds model, constraint-dependent measures that…
We give conditions under which the demand function of a strictly convex preference relation can be constructed.
We prove a law of large numbers in terms of complete convergence of independent random variables taking values in increments of monotone functions, with convergence uniform both in the initial and the final time. The result holds also for…
A goodness-of-fit index measures the consistency of consumption data with a given model of utility-maximization. We show that for the class of well-behaved (i.e., continuous and increasing) utility functions there is no goodness-of-fit…
[Context and motivation:] For realistic self-adaptive systems, multiple quality attributes need to be considered and traded off against each other. These quality attributes are commonly encoded in a utility function, for instance, a…
It is known to be difficult to find out whether a certain multivariable function to be a characteristic function when its corresponding measure is not tirivial to be or not to be a probability measure on R^d. Such results were not obtained…
Power law is one of the the simplest forms of the relationship between different variables of a system. It leads naturally to the introduction of compound parameters describing physical properties of the system. Often one of the variables…
The fundamental importance of functional differential equations has been recognized in many areas of mathematical physics, such as fluid dynamics (Hopf characteristic functional equation), quantum field theory (Schwinger-Dyson equations)…
An interplay between the Lambert series and Euler's Pentagonal Number Theorem gives an Euler-type recurrence relation for any given arithmetical function. As consequences of this, we present Euler-type recurrence relations for some…
We derive simple formulas connecting the generalized Wigner functions for $s$-ordering with the density matrix, and vice-versa. These formulas proved very useful for quantum mechanical applications, as, for example, for connecting master…
We establish new Bombieri-Vinogradov type estimates for a wide class of multiplicative arithmetic functions and derive several applications, including: a new proof of a recent estimate by Drappeau and Topacogullari for arithmetical…
Dependently typed proof assistant rely crucially on definitional equality, which relates types and terms that are automatically identified in the underlying type theory. This paper extends type theory with definitional functor laws,…
Social distance games have been extensively studied as a coalition formation model where the utilities of agents in each coalition were captured using a utility function u that took into account distances in a given social network. In this…
More than one billion data sampled with different frequencies from several financial instruments were investigated with the aim of testing whether they involve power law. As a result, a known power law with the power exponent around -4 was…
We consider an individual or household endowed with an initial capital and an income, modeled as a linear function of time. Assuming that the discount rate evolves as an Ornstein-Uhlenbeck process, we target to find an unrestricted…
Perturbation or error bounds of functions have been of great interest for a long time. If the functions are differentiable, then the mean value theorem and Taylor's theorem come handy for this purpose. While the former is useful in…
A new non-perturbative approach to quantum theory in curved spacetime and to quantum gravity, based on a generalisation of the Wigner equation, is proposed. Our definition for a Wigner equation differs from what have otherwise been…
An approximate partition functional is derived for the infinite-dimensional Hubbard model. This functional naturally includes the exact solution of the Falicov-Kimball model as a special case, and is exact in the uncorrelated and atomic…
We provide simple models for the utility function (or psychology) of an actor trading a multitude of goods for money. In this framework, money has no intrinsic consumption value, but is required as a medium of exchange. A collection of such…