• Title/Summary/Keyword: Information Inequality

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Stochastic Dominance and Distributional Inequality (추계적 우세법칙과 분포의 비상등성)

  • Lee, Dae-Joo
    • IE interfaces
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    • v.6 no.2
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    • pp.151-169
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    • 1993
  • In this research, we proposed "coefficient of inequality" as a measure of distributional inequality for an alternative, which is defined as the area between the diagonal line from 0 to 1 and the Lorenz curve of the given alternative. Next, we showed theoretical relationship between stochastic dominance and the coefficient of inequality as a means to determine the preferred alternative when decision is made with incomplete information about decision maker's utility function. Then, two experiments were performed to test subject‘s attitude toward risk. The results of the experiments support the idea that when a decision maker is risk averse or risk prone, he/she can use the coefficient of inequality as a decision rule to choose the preferred alternative instead of using stochastic dominance. Thus, according to decision maker’s attitude toward risk, the decision rule proposed here can be used as a valuable aid in decision making under uncertainty with incomplete information.

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FOUR LOGARITHMICALLY COMPLETELY MONOTONIC FUNCTIONS INVOLVING GAMMA FUNCTION

  • Qi, Feng;Niu, Da-Wei;Cao, Jian;Chen, Shou-Xin
    • Journal of the Korean Mathematical Society
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    • v.45 no.2
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    • pp.559-573
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    • 2008
  • In this paper, two classes of functions, involving a parameter and the classical Euler gamma function, and two functions, involving the classical Euler gamma function, are verified to be logarithmically completely monotonic in $(-\frac{1}{2},\infty)$ or $(0,\infty)$; some inequalities involving the classical Euler gamma function are deduced and compared with those originating from certain problems of traffic flow, due to J. Wendel and A. Laforgia, and relating to the well known Stirling's formula.

EXPONENTIAL PROBABILITY INEQUALITY FOR LINEARLY NEGATIVE QUADRANT DEPENDENT RANDOM VARIABLES

  • Ko, Mi-Hwa;Choi, Yong-Kab;Choi, Yue-Soon
    • Communications of the Korean Mathematical Society
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    • v.22 no.1
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    • pp.137-143
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    • 2007
  • In this paper, a Berstein-Hoeffding type inequality is established for linearly negative quadrant dependent random variables. A condition is given for almost sure convergence and the associated rate of convergence is specified.

OSCILLATORY AND ASYMPTOTIC BEHAVIOR OF SECOND ORDER NONLINEAR DIFFERENTIAL INEQUALITY WITH PERTURBATION

  • Zhang, Quanxin;Song, Xia
    • Journal of applied mathematics & informatics
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    • v.29 no.1_2
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    • pp.475-483
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    • 2011
  • In this paper, we study the oscillatory and asymptotic behavior of a class of second order nonlinear differential inequality with perturbation and establish several theorems by using classification and analysis, which develop and generalize some known results.

A Bhattacharyya Analogue for Median-unbiased Estimation

  • Sung, Nae-Kyung
    • Communications for Statistical Applications and Methods
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    • v.11 no.1
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    • pp.13-20
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    • 2004
  • A more general version of diffusivity based on total variation of density is defined and an information inequality for median-unbiased estimation is presented. The resulting information inequality can be interpreted as an analogue of the Bhattacharyya system of lower bounds for mean-unbiased estimation. A condition on which the information bound is achieved is also given.

A Study on the Library Policies & Services for the Type of Information Inequality in Korea (정보불평등 대상별 도서관서비스 정책과 서비스 현황 진단)

  • Ahn, In-Ja;Noh, Younghee;Chang, Rosa
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.29 no.3
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    • pp.271-295
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    • 2018
  • Information inequality has been differently conceptualized and defined in national laws. While the information inequality increases, library policy and informational service has lagged behind in meeting the needs of the society and the state. This paper aims to provide a preliminary research on information inequality, in terms of conceptualization, the legal base, terminology, index development based on the level of digital information. The paper also highlights cases on library services for solution of the difference. It compares library services designed for the disabled, ethnic minorities and the aged. The paper reviews the existing literature and project data. As a result, there are a number of processes and tasks that needs to be developed, including policy development, supporting organization, human capital, cooperating network, supporting facilities and service, and data.