4 papers
Neilson's Weak vs. Strong Loss Aversion: A Characterization and a Generalized CPT-Utility Function
Symeon Vaidanis, Marios Kountouris
In multi-objective and multi-criteria decision-making under risk, especially in settings involving individual behavior, risk-aware analysis based on subjective evaluation has becom…
Probabilistic Risk Sensitivity and Loss Aversion in Cumulative Prospect Theory
Symeon Vaidanis, Marios Kountouris
This paper develops a binary-gamble framework for characterizing risk sensitivity and loss aversion in Cumulative Prospect Theory (CPT). The proposed probabilistic risk-sensitivity…
Optimization for Semantic-Aware Resource Allocation under CPT-based Utilities
Symeon Vaidanis, Photios A. Stavrou, Marios Kountouris
The problem of resource allocation in goal-oriented semantic communication with semantic-aware utilities and subjective risk perception is studied here. By linking information impo…
Goal-Oriented Semantic Resource Allocation with Cumulative Prospect Theoretic Agents
Symeon Vaidanis, Photios A. Stavrou, Marios Kountouris
We introduce a resource allocation framework for goal-oriented semantic networks, where participating agents assess system quality through subjective (e.g., context-dependent) perc…