Bounded Rationality In Decision Making Under Uncertainty Towards Optimal Granularity
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Bounded Rationality In Decision Making Under Uncertainty Towards Optimal Granularity
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Author : Joe Lorkowski
language : en
Publisher: Springer
Release Date : 2017-07-01
Bounded Rationality In Decision Making Under Uncertainty Towards Optimal Granularity written by Joe Lorkowski and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-01 with Technology & Engineering categories.
This book addresses an intriguing question: are our decisions rational? It explains seemingly irrational human decision-making behavior by taking into account our limited ability to process information. It also shows with several examples that optimization under granularity restriction leads to observed human decision-making. Drawing on the Nobel-prize-winning studies by Kahneman and Tversky, researchers have found many examples of seemingly irrational decisions: e.g., we overestimate the probability of rare events. Our explanation is that since human abilities to process information are limited, we operate not with the exact values of relevant quantities, but with “granules” that contain these values. We show that optimization under such granularity indeed leads to observed human behavior. In particular, for the first time, we explain the mysterious empirical dependence of betting odds on actual probabilities. This book can be recommended to all students interested in human decision-making, to researchers whose work involves human decisions, and to practitioners who design and employ systems involving human decision-making —so that they can better utilize our ability to make decisions under uncertainty.
Advances In Engineering Management Innovation And Sustainability
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Author : James Olabode Bamidele Rotimi
language : en
Publisher: Springer Nature
Release Date : 2024-07-09
Advances In Engineering Management Innovation And Sustainability written by James Olabode Bamidele Rotimi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-09 with Technology & Engineering categories.
This book contains a selection of papers from the 13th International Conference on Engineering, Project, and Production Management (EPPM) held in Auckland, New Zealand from 29 November to 1 December 2023. The conference was organized by the School of Built Environment, Massey University in collaboration with the EPPM Association. The book comprises of quality-assured theoretical discussions, data analysis, case studies, and industry practices, presented by global researchers and practitioners. The conference theme was “Creating capacity and capability: re-energizing supply chain for sustainable management of projects and productions in engineering,” and this volume focuses on papers related to engineering management, innovation, and sustainability. The papers are comprehensive, multidisciplinary, and advanced, and will be of interest to researchers and practitioners from various industries seeking the latest updates on the fields of engineering, project, and production management.
Decision Making Under Uncertainty And Constraints
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Author : Martine Ceberio
language : en
Publisher: Springer Nature
Release Date : 2023-01-03
Decision Making Under Uncertainty And Constraints written by Martine Ceberio and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-03 with Technology & Engineering categories.
This book shows, on numerous examples, how to make decisions in realistic situations when we have both uncertainty and constraints. In most these situations, the book's emphasis is on the why-question, i.e., on a theoretical explanation for empirical formulas and techniques. Such explanations are important: they help understand why these techniques work well in some cases and not so well in others, and thus, help practitioners decide whether a technique is appropriate for a given situation. Example of applications described in the book ranges from science (biosciences, geosciences, and physics) to electrical and civil engineering, education, psychology and decision making, and religion—and, of course, include computer science, AI (in particular, eXplainable AI), and machine learning. The book can be recommended to researchers and students in these application areas. Many of the examples use general techniques that can be used in other application areas as well, so it is also useful for practitioners and researchers in other areas who are looking for possible theoretical explanations of empirical formulas and techniques.
Decision Making Under Uncertainty With A Special Emphasis On Geosciences And Education
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Author : Laxman Bokati
language : en
Publisher: Springer Nature
Release Date : 2023-03-21
Decision Making Under Uncertainty With A Special Emphasis On Geosciences And Education written by Laxman Bokati and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-21 with Technology & Engineering categories.
This book describes new techniques for making decisions in situations with uncertainty and new applications of decision-making techniques. The main emphasis is on situations when it is difficult to decrease uncertainty. For example, it is very difficult to accurately predict human economic behavior, so in economics, it is very important to take this uncertainty into account when making decisions. Other areas where it is difficult to decrease uncertainty are geosciences and teaching. The book analyzes the general problem of decision making and shows how its results can be applied to economics, geosciences, and teaching. Since all these applications involve computing, the book also shows how these results can be applied to computing, including deep learning and quantum computing. The book is recommended to researchers, practitioners, and students who want to learn more about decision making under uncertainty—and who want to work on remaining challenges.
Bounded Rationality In Decision Making Under Uncertainty
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Author : Joseph A. Lorkowski
language : en
Publisher:
Release Date : 2015
Bounded Rationality In Decision Making Under Uncertainty written by Joseph A. Lorkowski and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Decision making categories.
Toward Humanoid Robots The Role Of Fuzzy Sets
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Author : Cengiz Kahraman
language : en
Publisher: Springer Nature
Release Date : 2021-04-04
Toward Humanoid Robots The Role Of Fuzzy Sets written by Cengiz Kahraman and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-04 with Technology & Engineering categories.
This book offers a comprehensive reference guide for modeling humanoid robots using intelligent and fuzzy systems. It provides readers with the necessary intelligent and fuzzy tools for controlling humanoid robots by incomplete, vague, and imprecise information or insufficient data, where classical modeling approaches cannot be applied. The respective chapters, written by prominent researchers, explain a wealth of both basic and advanced concepts including fuzzy control, metaheuristic-based control, neutrosophic control, etc. To foster reader comprehension, all chapters include relevant numerical examples or case studies. Taken together, they form an excellent reference guide for researchers, lecturers, and postgraduate students pursuing research on humanoid robots. Moreover, by extending all the main aspects of humanoid robots to its intelligent and fuzzy counterparts, the book presents a dynamic snapshot of the field that is expected to stimulate new directions, ideas, and developments.
Management
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Author : Christopher P. Neck
language : en
Publisher: SAGE Publications
Release Date : 2020-12-02
Management written by Christopher P. Neck and has been published by SAGE Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-02 with Business & Economics categories.
Management, Third Edition introduces students to the planning, organizing, leading, and controlling functions of management with an emphasis on how managers can cultivate an entrepreneurial mindset. The text includes 34 cases profiling a wide range of companies including Lululemon, Nintendo, Netflix, Trader Joe’s, and the NBA. Authors Christopher P. Neck, Jeffrey D. Houghton, and Emma L. Murray use a variety of examples, applications, and insights from real-world managers to help students develop the knowledge, mindset, and skills they need to succeed in today’s fast-paced, dynamic workplace. This title is accompanied by a complete teaching and learning package.
Recent Developments In Data Science And Intelligent Analysis Of Information
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Author : Oleg Chertov
language : en
Publisher: Springer
Release Date : 2018-08-04
Recent Developments In Data Science And Intelligent Analysis Of Information written by Oleg Chertov and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-04 with Technology & Engineering categories.
This book constitutes the proceedings of the XVIII International Conference on Data Science and Intelligent Analysis of Information (ICDSIAI'2018), held in Kiev, Ukraine on June 4-7, 2018. The conference series, which dates back to 2001 when it was known as the Workshop on Intelligent Analysis of Information, was renamed in 2008 to reflect the broadening of its scope and the composition of its organizers and participants. ICDSIAI'2018 brought together a large number of participants from numerous countries in Europe, Asia and the USA. The papers presented addressed novel theoretical developments in methods, algorithms and implementations for the broadly perceived areas of big data mining and intelligent analysis of data and information, representation and processing of uncertainty and fuzziness, including contributions on a range of applications in the fields of decision-making and decision support, economics, education, ecology, law, and various areas of technology. The book is dedicated to the memory of the conference founder, the late Professor Tetiana Taran, an outstanding scientist in the field of artificial intelligence whose research record, vision and personality have greatly contributed to the development of Ukrainian artificial intelligence and computer science.
Advances In Fuzzy Logic And Technology
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Author : Michał Baczyński
language : en
Publisher: Springer Nature
Release Date : 2025-07-10
Advances In Fuzzy Logic And Technology written by Michał Baczyński and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-10 with Computers categories.
This two-volume set LNCS 15883-15884 constitutes the proceedings of the 14th Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2025, held in Riga, Latvia, during July 21–25, 2025. The 45 full papers and 8 short papers presented in this book were carefully reviewed and selected from 60 submissions. The papers are divided into special sessions on: fuzzy relations and applications; fuzzy transforms; generalized quantifiers, logical syllogisms and applications; fuzzy entropy; fuzzy metric spaces and their generalizations; information fusion techniques; mathematical fuzzy logic; modeling complex dynamics: adapting analytical tools for diverse scenarios; new contexts in aggregation theory; representing and managing uncertainty; soft methods in statistical inference and data analysis; type 2 fuzzy sets; and advancements and applications of fuzzy theory.
Philosophies Of Structural Safety And Reliability
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Author : Vladimir Raizer
language : en
Publisher: CRC Press
Release Date : 2022-07-28
Philosophies Of Structural Safety And Reliability written by Vladimir Raizer and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-28 with Technology & Engineering categories.
Uncertainty is certain to be found in structural engineering, making it crucial to structure design. This book covers three competing philosophies behind structural safety and reliability: probabilistic analysis, fuzzy set-based treatments, and the convex approach. Explaining the theory behind probabilistic analysis, fuzzy set-based treatments, and the convex approach in detail, alongside their implementation, use, and benefits, the book compares and contrasts these methods, enabling the reader to solve problems associated with uncertainty. These uncertainty issues can be seen in civil engineering structures, risk of earthquakes, impact of rough seas on ships, and turbulence affecting aerospace vehicles. Building on the authors’ many years of experience in the field, Philosophies of Structural Safety and Reliability is an essential guide to structural uncertainty. Topics covered in the book include properties of materials and their structural deterioration, safety factor and reliability, risk evaluation and loads, and their combinations. This book will be of interest to students and professionals in the fields of aerospace, civil, mechanical, marine, and ocean engineering.