Abstract In the last few years, so-called Modern Monetary Theory (MMT) has been gaining prominence in media and public. This article presents MMT approach to money monetary policy, discusses its recommendations regarding fiscal policy aggregate demand management, structural policies it advocates as well international aspects of MMT. Overall, appears that is based on an outdated state economic s...

In AI-assisted decision-making, a central promise of putting human in the loop is that they should be able to complement AI system by adhering its correct and overriding mistaken recommendations. practice, however, we often see humans tend over- or under-rely on recommendations, meaning either adhere wrong override Such reliance behavior detrimental decision-making accuracy. this work, articula...

background: a qualitative study was carried out on 200 pregnant women attending obstetric offices and imam ali women's clinic in zahedan, iran during january 2010 to august 2011. twenty-nine focus group discussions (fgds) with 5-8 participants in each group were formed. the study included women in the third trimester of pregnancy with the intention or decision to undergo elective cesarean secti...

In the sensors based applications framework, having a total confidence towards the sensor is a critical issue. A human or automatic system decision-making process, in accordance with the acquire sensors data, can generate important consequences. Indeed, in the hospital applications framework, for example, a wrong measurement can cause a wrong diagnosis towards a patient and impact on his health...

WHAT is your reaction to this scenario? Is this act right or wrong? Perhaps you are revolted or disgusted, and therefore think it is wrong. Or maybe, like most moral philosophers, you make a more reasoned judgement and argue that, regardless of our emotional response, this act is not immoral, principally because no harm has occurred to any sentient being. If you thought it was wrong, does this ...

Background and objective: The location of facilities is of great importance in healthcare and is of interest to researchers due to its importance. In this regard, a large proportion of classic location-allocation models concentrate on solving problems in an exclusive environment (non-competitive), but this assumption is rarely true in reality. Methods: At...

In a paper by Chang [D.Y. Chang, Applications of the extent analysis method on fuzzy AHP, European Journal of Operational Research 95 (1996) 649–655], an extent analysis method on fuzzy AHP was proposed to obtain a crisp priority vector from a triangular fuzzy comparison matrix. It is found that the extent analysis method cannot estimate the true weights from a fuzzy comparison matrix and has l...

12.1.1 Hybrid Model: Agent maximizing the wrong utility function with the wrong prices Suppose now an agent with true problem max  (c) s.t.  (p c) ≤ , but who maximizes smax|  (c) s.t.  (p c) ≤  with both the wrong utility and the wrong prices. This is hybrid of the two previous models. In terms of decision (if not welfare), the agent is a misperceiving agent with utility  and perc...