This file was created with JabRef 2.2. Encoding: ISO8859_1 @ARTICLE{APW06, author = {Burton W.~Andrews and Kevin M.~Passino and Thomas A.~Waite}, title = {Social Foraging Theory for Robust Multiagent System Design}, journal = {IEEE Transactions on Automation Science and Engineering}, year = {2007}, volume = {4}, pages = {79--86}, number = {1}, month = {January}, keywords = {AA} } @INPROCEEDINGS{APW04, author = {Burton W.~Andrews and Kevin M.~Passino and Thomas A.~Waite}, title = {Foraging theory for decision-making system design: task-type choice}, booktitle = {Proceedings, 43rd IEEE Conference on Decision and Control}, year = {2004}, volume = {5}, pages = {4740--4745}, month = {December}, abstract = {Foraging theory is typically used to model animal decision making. We describe an agent such as an autonomous vehicle or software module as a forager searching for tasks. The prey model is used to predict which types of tasks an agent should choose to maximize its rate of reward. We expand and apply these concepts to fit an autonomous vehicle control problem and to provide insight into how to make high-level control decisions. We also discuss extensions of the basic prey model, showing how a risk-sensitive version can be used to alter policies when time or fuel is limited. Throughout the applications, we examine ways an agent can estimate environmental parameters when such parameters are not known.}, keywords = {AA} } @ARTICLE{HA99, author = {Hal R.~Arkes and Peter Ayton}, title = {The Sunk Cost and Concorde Effects: Are Humans Less Rational Than Lower Animals?}, journal = {Psychological Bulletin}, year = {1999}, volume = {125}, pages = {591--600}, number = {5}, abstract = {The sunk cost effect is a maladaptive economic behavior that is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. The Concorde fallacy is another name for the sunk cost effect, except that the former term has been applied strictly to lower animals, whereas the latter has been applied solely to humans. The authors contend that there are no unambiguous instances of the Concorde fallacy in lower animals and also present evidence that young children, when placed in an economic situation akin to a sunk cost one, exhibit more normatively correct behavior than do adults. These findings pose an enigma: Why do adult humans commit an error contrary to the normative cost-benefit rules of choice, whereas children and phylogenetically humble organisms do not? The authors attempt to show that this paradoxical state of affairs is due to humans' overgeneralization of the "Don't waste" rule.}, keywords = {AA} } @ARTICLE{BK95, author = {Melissa Bateson and Alex Kacelnik}, title = {Preferences for Fixed and Variable Food sources: Variability in Amount and Delay}, journal = {Journal of the Experimental Analysis of Behavior}, year = {1995}, volume = {63}, pages = {313--329}, number = {3}, month = {May}, keywords = {AA} } @ARTICLE{BW96, author = {Melissa Bateson and Si\^{a}n C.~Whitehead}, title = {The Energetic Costs of Alternative Rate Currencies in the Foraging Starling}, journal = {Ecology}, year = {1996}, volume = {77}, pages = {1303--1307}, number = {4}, month = {June}, keywords = {AA} } @ARTICLE{Bawa82, author = {Vijay S.~Bawa}, title = {Stochastic Dominance: A Research Bibliography}, journal = {Management Science}, year = {1982}, volume = {28}, pages = {698--712}, number = {6}, month = {June}, abstract = {About 400 publications, working papers and books are included in this bibliography on Stochastic Dominance. It contains an exhaustive listing of papers that are either basic contributions to this subject or primarily concerned with applications of the Stochastic Dominance concepts. It also contains selective listing of papers from finance, economics, mathematics, mathematical physics, mathematical psychology, operations research and statistics literature to illustrate the wide applicability of Stochastic Dominance concepts.}, keywords = {AA, STOCHASTIC DOMINANCE, DECISIONS UNDER UNCERTAINTY} } @ARTICLE{Bawa78, author = {Vijay S.~Bawa}, title = {Safety-First, Stochastic Dominance, and Optimal Portfolio Choice}, journal = {The Journal of Financial and Quantitative Analysis}, year = {1978}, volume = {13}, pages = {255--271}, number = {2}, month = {June}, keywords = {AA} } @ARTICLE{Bawa75, author = {Vijay S.~Bawa}, title = {Optimal rules for ordering uncertain prospects.}, journal = {Journal of Financial Economics}, year = {1975}, volume = {2}, pages = {95--121}, keywords = {AA} } @ARTICLE{BL77, author = {Vijay S.~Bawa and Eric B.~Lindenberg}, title = {Capital Market Equilibrium in a Mean-Lower Partial Moment Framework}, journal = {Journal of Financial Economics}, year = {1977}, volume = {5}, pages = {189--200}, abstract = {In this paper, we develop a capital Asset Pricing Model (CAPM) using a mean-lower partial moment framework. We explicitly derive formulae for the equilibrium values of risky assets that hold for arbitrary probability distributions. We show that when the probability distributions and portfolio returns are eitehr normal, stable (with the same characteristic exponent between 1 and 2 and the same skewness parameter, not necessarily zero), or Student-t distributions, our CAPM reduces to teh traditional mean-scale CAPM's. Consequently, since the traditional equilibrium models are special casses of our model, the mean-lower partial moment framework is guaranteed to do at least as well in explaining market data. As an application of our theory, we derive an acceptance criterion for capital investment projects and note that corporate finance theory results developed, for example, in the well-knonw mean-variance framework carry over to th emean-lower partial moment framework.}, keywords = {AA} } @BOOK{Bertsekas95, title = {Nonlinear Programming}, publisher = {Athena Scientific}, year = {1995}, author = {Dimitri P.~Bertsekas}, address = {Belmont, Mass.}, keywords = {AA} } @ARTICLE{Caraco80, author = {Thomas Caraco}, title = {On Foraging Time Allocation in a Stochastic Environment}, journal = {Ecology}, year = {1980}, volume = {61}, pages = {119--128}, number = {1}, abstract = {A model of foraging in a stochastic environment is presented. Drawing on statistical decision theory, this paper suggests that maximization of expected utility may be a useful optimization criterion for ecological problems. The common notion of feeding preferences is extended to preferences over the probability distributions of net energetic benefits associated with available resources. By incorporating a forager's response to environmental variation, the model can lead to predictions that contrast with those of most deterministic feeding models.}, keywords = {AA, feeding preferences, microhabitat use, optimal foraging, stochastic environment, utility theory} } @ARTICLE{CB05, author = {Yohay Carmel and Yakov Ben-Haim}, title = {Info-Gap Robust-Satisficing Model of Foraging Behavior: Do Foragers Optimize or Satisfice?}, journal = {The American Naturalist}, year = {2005}, volume = {166}, pages = {633--641}, number = {5}, month = {November}, keywords = {AA} } @ARTICLE{Chamberlain83, author = {Gary Chamberlain}, title = {A Characterization of the Distributions that Imply Mean-Variance Utility Functions}, journal = {Journal of Economic Theory}, year = {1983}, volume = {29}, pages = {185--201}, keywords = {AA} } @ARTICLE{Cha76, author = {Eric L.~Charnov}, title = {Optimal Foraging: The Marginal Value Theorem}, journal = {Theoretical Population Biology}, year = {1976}, volume = {9}, pages = {129--136}, number = {2}, month = {April}, keywords = {AA} } @ARTICLE{ChaMantid, author = {Eric L.~Charnov}, title = {Optimal Foraging: Attack Strategy of a Mantid}, journal = {The American Naturalist}, year = {1976}, volume = {110}, pages = {141--151}, number = {971}, month = {January--February}, keywords = {AA} } @PHDTHESIS{Cha73, author = {Eric L.~Charnov and Gordon H.~Orians}, title = {Optimal foraging: some theoretical explorations}, school = {University of Washington}, year = {1973}, keywords = {AA} } @ARTICLE{CDHP97, author = {Pornchai Chunhachindaa and Krishnan Dandapanib and Shahid Hamidb and Arun J.~Prakash}, title = {Portfolio selection and skewness: Evidence from international stock markets}, journal = {Journal of Banking \& Finance}, year = {1997}, volume = {21}, pages = {143--167}, keywords = {AA} } @BOOK{ClkMngl00, title = {Dynamic State Variable Models in Ecology}, publisher = {Oxford University Press}, year = {2000}, author = {Colin W.~Clark and Marc Mangel}, address = {New York}, keywords = {AA} } @ARTICLE{Cody74, author = {Martin L.~Cody}, title = {Optimization in Ecology}, journal = {Science}, year = {1974}, volume = {183}, pages = {1156--1164}, number = {4130}, month = {March}, keywords = {AA} } @ARTICLE{ES84, author = {Steinar Engen and Nils Chr.~Stenseth}, title = {A general version of optimal foraging theory: the effect of simultaneous encounters.}, journal = {Theoretical Population Biology}, year = {1984}, volume = {26}, pages = {192--204}, number = {2}, keywords = {AA} } @INPROCEEDINGS{FHPBRDDJ03, author = {Richard J.~Freuler and Michael J.~Hoffmann and Theodore P.~Pavlic and James M.~Beams and Jeffrey P.~Radigan and Prabal K.~Dutta and John T.~Demel and Erik D.~Justen}, title = {Experiences with a Comprehensive Freshman Hands-on Course--Designing, Building, and Testing Small Autonomous Robots}, booktitle = {Proceedings of the 2003 American Society for Engineering Education Annual Conference \& Exposition}, year = {2003}, keywords = {AA, TPAVLICVITA} } @ARTICLE{GS83, author = {Robert P.~Gendron and John E.~R.~Staddon}, title = {Searching for Cryptic Prey: The Effect of Search Rate}, journal = {The American Naturalist}, year = {1983}, volume = {121}, pages = {172--186}, number = {2}, month = {February}, keywords = {AA} } @ARTICLE{GH99, author = {Henk Grootveld and Winfried Hallerbach}, title = {Variance vs downside risk: Is there really that much difference?}, journal = {European Journal of Operational Research}, year = {1999}, volume = {114}, pages = {304--319}, keywords = {AA} } @ARTICLE{HR87, author = {Lawrence D.~Harder and Leslie A.~Real}, title = {Why are Bumble Bees Risk Averse?}, journal = {Ecology}, year = {1987}, volume = {68}, pages = {1104--1108}, number = {4}, keywords = {AA} } @BOOK{HouMc99, title = {Models of Adaptive Behavior}, publisher = {Cambridge Univ.~Press}, year = {1999}, author = {Alasdair I.~Houston and John M.~McNamara}, address = {Cambridge}, keywords = {AA} } @ARTICLE{Hughes79, author = {Roger N.~Hughes}, title = {Optimal Diets under the Energy Maximization Premise: The Effects of Recognition Time and Learning}, journal = {The American Naturalist}, year = {1979}, volume = {113}, pages = {209--221}, number = {2}, month = {February}, keywords = {AA} } @ARTICLE{HG05, author = {John M.~C.~Hutchinson and Gerd Gigerenzer}, title = {Simple heuristics and rules of thumb: Where psychologists and behavioural biologists might meet}, journal = {Behavioural Processes}, year = {2005}, volume = {69}, pages = {97--124}, keywords = {AA} } @ARTICLE{IHY81, author = {Yoh Iwasa and Masahiko Higashi and Norio Yamamura}, title = {Prey Distribution as a Factor Determining the Choice of Optimal Foraging Strategy}, journal = {The American Naturalist}, year = {1981}, volume = {117}, pages = {710--723}, number = {5}, month = {May}, keywords = {AA} } @ARTICLE{JohnsMiller63, author = {M.~V.~Johns and Miller,Jr.,R.~G.}, title = {Average Renewal Loss Rates}, journal = {The Annals of Mathematical Statistics}, year = {1963}, volume = {34}, pages = {396--401}, number = {2}, month = {June}, keywords = {AA} } @ARTICLE{Kane82, author = {Alex Kane}, title = {Skewness Preference and Portfolio Choice}, journal = {Journal of Financial and Quantitative Analysis}, year = {1982}, volume = {17}, pages = {15--25}, number = {1}, month = {March}, keywords = {AA} } @ARTICLE{KSY93, author = {Hiroshi Konno and Hiroshi Shirakawa and Hiroaki Yamazaki}, title = {A mean-absolute deviation-skewness portfolio optimization model}, journal = {Annals of Operations Research}, year = {1993}, volume = {45}, pages = {205--220}, number = {1}, month = {December}, keywords = {AA} } @ARTICLE{Lai91, author = {Tsong-Yue Lai}, title = {Portfolio selection with skewness: A multiple-objective approach}, journal = {Review of Quantitative Finance and Accounting}, year = {1991}, volume = {1}, pages = {293--305}, number = {3}, month = {July}, keywords = {AA} } @ARTICLE{LR88, author = {Wayne Y.~Lee and Ramesh K.~S.~Rao}, title = {Mean Lower Partial Moment Valuation and Lognormally Distributed Returns}, journal = {Management Science}, year = {1988}, volume = {34}, pages = {446--453}, number = {4}, month = {April}, keywords = {AA} } @ARTICLE{Lintner65, author = {John Lintner}, title = {The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets}, journal = {The Review of Economics and Statistics}, year = {1965}, volume = {47}, pages = {13--37}, number = {1}, month = {February}, keywords = {AA} } @BOOK{MnglClk88, title = {Dynamic Modeling in Behavioral Ecology}, publisher = {Princeton University Press}, year = {1988}, author = {Marc Mangel and Colin W.~Clark}, address = {New Jersey}, keywords = {AA} } @ARTICLE{Mao70, author = {James C.~T.~Mao}, title = {Models of Capital Budgeting, {E}-{V} Vs {E}-{S}}, journal = {The Journal of Financial and Quantitative Analysis}, year = {1970}, volume = {4}, pages = {657--675}, number = {5}, month = {January}, keywords = {AA} } @ARTICLE{Markowitz52, author = {Harry Markowitz}, title = {Portfolio Selection}, journal = {The Journal of Finance}, year = {1952}, volume = {7}, pages = {77--91}, number = {1}, month = {March}, authauthor = {Harry M. Markowitz}, keywords = {AA} } @BOOK{Markowitz59, title = {Portfolio Selection: Efficient Diversification of Investments}, publisher = {Wiley}, year = {1959}, author = {Harry M.~Markowitz}, address = {New York}, keywords = {AA} } @ARTICLE{Marschak46, author = {Jacob Marschak}, title = {{N}eumann's and {M}orgenstern's New Approach to Static Economics}, journal = {The Journal of Political Economy}, year = {1946}, volume = {54}, pages = {97--115}, number = {2}, month = {April}, keywords = {AA} } @ARTICLE{McNamara83, author = {John M.~McNamara}, title = {Optimal Control of the Diffusion Coefficient of a Simple Diffusion Process}, journal = {Mathematics of Operations Research}, year = {1983}, volume = {8}, pages = {373--380}, number = {3}, month = {August}, abstract = {We consider the optimal control of a one-dimensional diffusion process over a finite time interval. The process may be controlled by varying the diffusion coefficient. The objective is to maximize the expected value of some function of the state, R, at final time. In this paper we investigate the properties of a particular bang-bang control \sigma_0, and find necessary and sufficient conditions on R for \sigma_0 to be optimal.}, keywords = {AA} } @ARTICLE{Meyer87, author = {Jack Meyer}, title = {Two-Moment Decision Models and Expected Utility Maximization}, journal = {The American Economic Review}, year = {1987}, volume = {77}, pages = {421--430}, number = {3}, month = {June}, keywords = {AA} } @ARTICLE{Mossin66, author = {Jan Mossin}, title = {Equilibrium in a Capital Asset Market}, journal = {Econometrica}, year = {1966}, volume = {34}, pages = {768--783}, number = {4}, month = {October}, keywords = {AA} } @ARTICLE{Murdoch69, author = {William W.~Murdoch}, title = {Switching in General Predators: Experiments on Predator Specificity and Stability of Prey Populations}, journal = {Ecological Monographs}, year = {1969}, volume = {39}, pages = {335--354}, number = {4}, month = {Autumn}, keywords = {AA} } @BOOK{VNM44, title = {Theory of Games and Economic Behavior}, publisher = {Princeton University Press}, year = {1944}, author = {John von Neumann and Oskar Morgenstern}, keywords = {AA} } @ARTICLE{Nonacs01, author = {Peter Nonacs}, title = {State dependent behavior and the Marginal Value Theorem}, journal = {Behavioral Ecology}, year = {2001}, volume = {12}, pages = {71--83}, number = {1}, month = {January}, keywords = {AA} } @ARTICLE{OR83, author = {Joel Owen and Ramon Rabinovitch}, title = {On the Class of Elliptical Distributions and their Applications to the Theory of Portfolio Choice}, journal = {The Journal of Finance}, year = {1983}, volume = {38}, pages = {745--752}, number = {3}, month = {June}, keywords = {AA} } @BOOK{PapoulisPillai02, title = {Probability, Random Variables and Stochastic Processes}, publisher = {McGraw-Hill}, year = {2002}, author = {Athanasios Papoulis and S.~Unnikrishna Pillai}, address = {New York}, edition = {fourth}, keywords = {AA} } @ARTICLE{PP06, author = {Theodore P.~Pavlic and Kevin M.~Passino}, title = {Foraging Theory for Mobile Agent Speed Choice}, journal = {Engineering Applications of Artificial Intelligence}, note = {Submitted}, keywords = {AA, TPAVLICVITA} } @ARTICLE{Pulliam75, author = {H.~Ronald Pulliam}, title = {Diet Optimization with Nutrient Constraints}, journal = {The American Naturalist}, year = {1975}, volume = {109}, pages = {765--768}, number = {970}, month = {November--December}, keywords = {AA} } @ARTICLE{Pulliam74, author = {H.~Ronald Pulliam}, title = {On the Theory of Optimal Diets}, journal = {The American Naturalist}, year = {1974}, volume = {108}, pages = {59--74}, number = {959}, month = {January--February}, keywords = {AA} } @ARTICLE{PPC77, author = {Graham H.~Pyke and H.~Ronald Pulliam and Eric L.~Charnov}, title = {Optimal Foraging: A Selective Review of Theory and Tests}, journal = {The Quarterly Review of Biology}, year = {1977}, volume = {52}, pages = {137--154}, number = {2}, keywords = {AA} } @ARTICLE{QAP06, author = {Nicanor Quijano and Burton W.~Andrews and Kevin M.~Passino}, title = {Foraging Theory for Multizone Temperature Control}, journal = {IEEE Computational Intelligence Magazine}, note = {To appear}, keywords = {AA} } @ARTICLE{Rapport71, author = {David J.~Rapport}, title = {An Optimization Model of Food Selection}, journal = {The American Naturalist}, year = {1971}, volume = {105}, pages = {575--587}, number = {946}, month = {November--December}, keywords = {AA} } @ARTICLE{Real80, author = {Leslie A.~Real}, title = {Fitness, Uncertainty, and the Role of Diversification in Evolution and Behavior}, journal = {The American Naturalist}, year = {1980}, volume = {115}, pages = {623--638}, number = {5}, month = {May}, keywords = {AA} } @ARTICLE{RF94, author = {Brian M.~Rom and Kathleen W.~Ferguson}, title = {Post-Modern Portfolio Theory Comes of Age}, journal = {Journal of Investing}, year = {1994}, pages = {11--17}, month = {Fall}, keywords = {AA} } @ARTICLE{RS70, author = {Michael Rothschild and Joseph E.~Stiglitz}, title = {Increasing Risk: 1. {A} Definition}, journal = {Journal of Economic Theory}, year = {1970}, volume = {2}, pages = {225--243}, month = {September}, keywords = {AA} } @ARTICLE{Schoener71, author = {Thomas W.~Schoener}, title = {Theory of Feeding Strategies}, journal = {Annual Review of Ecology and Systematics}, year = {1971}, volume = {2}, pages = {369--404}, keywords = {AA} } @ARTICLE{Sharpe94, author = {William F.~Sharpe}, title = {The Sharpe Ratio}, journal = {Journal of Portfolio Management}, year = {1994}, volume = {21}, pages = {49--58}, number = {1}, month = {Fall}, abstract = {In Sharpe (1966), a measure for the performance of mutual funds was introduced, described then as the reward-to-variability ratio and now as the Sharpe Ratio. The Sharpe Ratio is designed to measure the expect return per unit of risk for a zero-investment strategy. The difference between the returns on 2 investment assets represents the results of such a strategy. The ratio of expected added return per unit of added risk provides a convenient summary of 2 important aspects of any strategy involving the difference between the return of a fund and that of a relevant benchmark. The Sharpe Ratio is designed to provide such a measure. Properly used, it can improve the process of managing investments.}, keywords = {AA} } @ARTICLE{Sharpe66, author = {William F.~Sharpe}, title = {Mutual Fund Performance}, journal = {Journal of Business}, year = {1966}, volume = {39}, pages = {119--138}, number = {1}, month = {January}, keywords = {AA} } @ARTICLE{Sharpe64, author = {William F.~Sharpe}, title = {Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk}, journal = {The Journal of Finance}, year = {1964}, volume = {19}, pages = {425--442}, number = {3}, month = {September}, keywords = {AA} } @ARTICLE{SC82, author = {David W.~Stephens and Eric L.~Charnov}, title = {Optimal Foraging: Some Simple Stochastic Models}, journal = {Behavioral Ecology and Sociobiology}, year = {1982}, volume = {10}, pages = {251--263}, keywords = {AA} } @BOOK{SK86, title = {Foraging Theory}, publisher = {Princeton Univ.~Press}, year = {1986}, author = {David W.~Stephens and John R.~Krebs}, address = {Princeton, NJ}, keywords = {AA} } @ARTICLE{TL81, author = {Alan R.~Templeton and Lawrence R.~Lawlor}, title = {The Fallacy of the Averages in Ecological Optimization Theory}, journal = {The American Naturalist}, year = {1981}, volume = {117}, pages = {390--393}, number = {3}, month = {March}, keywords = {AA} } @ARTICLE{Tobin58, author = {James Tobin}, title = {Liquidity Preference as Behavior Towards Risk}, journal = {The Review of Economic Studies}, year = {1958}, volume = {25}, pages = {65--86}, number = {2}, month = {February}, keywords = {AA} } @ARTICLE{Tsiang72, author = {S.~C.~Tsiang}, title = {The Rationale of the Mean-Standard Deviation Analysis, Skewness Preference, and the Demand for Money}, journal = {The American Economic Review}, year = {1972}, volume = {62}, pages = {354--371}, number = {3}, month = {June}, keywords = {AA} } @BOOK{Viniotis98, title = {Probability and Random Processes for Electrical Engineering}, publisher = {McGraw-Hill}, year = {1998}, author = {Yannis Viniotis}, address = {New York}, keywords = {AA} } @ARTICLE{WaBeHaBo06, author = {Eric Wajnberg and Pierre Bernhard and Fr\'ed\'eric Hamelin and Guy Boivin}, title = {Optimal patch time allocation for time-limited foragers}, journal = {Behavioral Ecology and Sociobiology}, year = {2006}, volume = {60}, pages = {1--10}, keywords = {AA} } @ARTICLE{WH74, author = {Earl E.~Werner and Donald J.~Hall}, title = {Optimal Foraging and the Size Selection of Prey by the Bluegill Sunfish ({\it \MakeUppercase{L}epomis macrochirus})}, journal = {Ecology}, year = {1974}, volume = {55}, pages = {1042--1052}, number = {5}, keywords = {AA} } @comment{jabref-meta: selector_journal:} @comment{jabref-meta: selector_author:} @comment{jabref-meta: selector_keywords:} @comment{jabref-meta: selector_publisher:}