A novel online dynamic value system for machine learning is proposed in this paper. The proposed system has a dual network structure: data processing network (DPN) and information evaluation network (IEN). The DPN is responsible for numerical data processing, including input space transformation and online dynamic data fitting. The IEN evaluates results provided by DPN. A dynamic three-curve fi...

This paper explores the trade-off between the short-term benefits of false quality advertisements against the longer term costs of reputation damage. A directed search model is constructed in which submarkets are created by the advertisements and reputations of sellers. A reputation system links misleading advertisements in the present period to a lower reputation in the next period. We show th...

The authors present Mayo Clinic's Value Creation System, a coherent systems engineering approach to delivering a single high-value practice. There are 4 tightly linked, interdependent phases of the system: alignment, discovery, managed diffusion, and measurement. The methodology is described and examples of the results to date are presented. The Value Creation System has been demonstrated to im...

It may seem like common sense that a product’s price would be based on its value, but that is rarely the case when it comes to pharmaceutical therapies. A United Kingdom politician wants to change that, and is suggesting a pricing scheme under which pharmaceutical companies would only get paid for the patients who actually benefit from their drugs. Though this scheme sounds ideal in theory, hea...

There is an ongoing dispute over the global nature of Bioethics and its disputes which are generally believed to be Western in origin and orientation. This dispute has gone on for too long without the prospect of a resolution because, in my judgment, it has been pursued from a wrong end. The generally favored approach has been to identify the principles of bioethics as they feature in Western d...

We consider a new type of value chain that includes both production and service capabilities for existing product lines and that incorporates new product and service development. In this paper we model this value chain using system dynamics. The essential variables and causal relationships, which are expressed as linear differential equations among these variables, are also presented. We discus...

Tomosynthesis is an emerging technique with potential to replace mammography, since it gives 3D information at a relatively small increase in dose and cost. We present an analytical singular-value decomposition of a tomosynthesis system, which provides the measurement component of any given object. The method is demonstrated on an example object. The measurement component can be used as a recon...

We have developed algorithms for valuerange queries of Earth science data with an area size constraint. The value-range condition is approximately satisfied by a histogram clustering technique with a data pyramid model. The result is the high resolution areas (points) on which the value range condition is satisfied. The area size condition is achieved by combining convex hull and point-inpolygo...