Decision Analysis Through Modeling And Game Theory
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Decision Analysis Through Modeling And Game Theory
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Author : William P. Fox
language : en
Publisher: CRC Press
Release Date : 2024-11-08
Decision Analysis Through Modeling And Game Theory written by William P. Fox and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-08 with Mathematics categories.
This unique book presents decision analysis in the context of mathematical modeling and game theory. The author emphasizes and focuses on the model formulation and modeling-building skills required for decision analysis, as well as the technology to support the analysis. The primary objective of Decision Analysis through Modeling and Game Theory is illustrative in nature. It sets the tone through the introduction to mathematical modeling. The text provides a process for formally thinking about the problem and illustrates many scenarios and illustrative examples. These techniques and this approach center on the fact (a) decision makers at all levels must be exposed to the tools and techniques available to help them in the decision process, (b) decision makers as well as analysts need to have and use technology to assist in the entire analysis process, (c) the interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling, and (d) the interpretation and use of sensitivity analysis is essential. The book begins with a look at decision-making methods, including probability and statistics methods under risk of uncertainty. It moves to linear programming and multi-attribute decision-making methods with a discussion of weighting methods. Game theory is introduced through conflict games and zero-sum or constant-sum games. Nash equilibriums are next, followed by utility theory. Evolutionary stable strategies lead to Nash arbitration and cooperation methods and N-person methods presented for both total and partial conflict games. Several real-life examples and case studies using game theory are used throughout. This book would be best used for a senior-level course in mathematics, operations research, or graduate-level courses or decision modeling courses offered in business schools. The book will be of interest to departments offering mathematical modeling courses with any emphasis on modeling for decision making.
Mathematical Modeling And Decision Analysis
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Author : Mr. Rohit Manglik
language : en
Publisher: EduGorilla Publication
Release Date : 2024-03-22
Mathematical Modeling And Decision Analysis written by Mr. Rohit Manglik and has been published by EduGorilla Publication this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-22 with Mathematics categories.
EduGorilla Publication is a trusted name in the education sector, committed to empowering learners with high-quality study materials and resources. Specializing in competitive exams and academic support, EduGorilla provides comprehensive and well-structured content tailored to meet the needs of students across various streams and levels.
Introduction To Differential And Difference Equations Through Modeling
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Author : William P. Fox
language : en
Publisher: CRC Press
Release Date : 2025-07-09
Introduction To Differential And Difference Equations Through Modeling written by William P. Fox and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-07-09 with Mathematics categories.
This book presents an opportunity to learn difference and differential equations through a modeling-first approach. The text is meant as an introduction to those equations and not as a text only for modeling courses. No previous exposure to these equations is expected. Modeling in Introduction to Differential and Difference Equations through Modeling is presented as the vehicle for learning difference and differential equations. Although the topics in difference and differential equations are consistent with those in other textbooks, this approach differs. The presentation starts with a model (or several models) and offers the solution with minor discussions. Then, methods to obtain those solutions are presented and show these same models and others again in more detail. This approach is designed to focus on the use of difference and differential equations to solve real-world problems, and to learn not only these primary topics, but how to apply these through modeling. The authors begin with a review of matrix algebra, then an introduction to modeling. The text progresses to discrete dynamical systems, and then to the standard organization of most differential equation texts, making the alignment with a current syllabus easier. Technology is a significant modeling component. Excel®, Python®, and Maple® are presented as methods to solving the models. This material has been class tested at the US Military Academy at West Point, Marian University, the College of William & Mary, and the Naval Postgraduate School with great success.
Decision Analysis Location Models And Scheduling Problems
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Author : H. A. Eiselt
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-06-04
Decision Analysis Location Models And Scheduling Problems written by H. A. Eiselt and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-04 with Business & Economics categories.
The purpose of this book is to provide readers with an introduction to the fields of decision making, location analysis, and project and machine scheduling. The combination of these topics is not an accident: decision analysis can be used to investigate decision seenarios in general, location analysis is one of the prime examples of decision making on the strategic Ievel, project scheduling is typically concemed with decision making on the tactical Ievel, and machine scheduling deals with decision making on the operational Ievel. Some of the chapters were originally contributed by different authors, and we have made every attempt to unify the notation, style, and, most importantly, the Ievel of the exposition. Similar to our book on Integer Programming and Network Models (Eiselt and Sandblom, 2000), the emphasis of this volume is on models rather than solution methods. This is particularly important in a book that purports to promote the science of decision making. As such, advanced undergraduate and graduate students, as weil as practitioners, will find this volume beneficial. While different authors prefer different degrees of mathematical sophistication, we have made every possible attempt to unify the approaches, provide clear explanations, and make this volume accessible to as many readers as possible.
System Of Systems Engineering
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Author : Mohammad Jamshidi
language : en
Publisher: John Wiley & Sons
Release Date : 2011-09-20
System Of Systems Engineering written by Mohammad Jamshidi and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-20 with Technology & Engineering categories.
Discover the emerging science and engineering of System of Systems Many challenges of the twenty-first century, such as fossil fuel energy resources, require a new approach. The emergence of System of Systems (SoS) and System of Systems Engineering (SoSE) presents engineers and professionals with the potential for solving many of the challenges facing our world today. This groundbreaking book brings together the viewpoints of key global players in the field to not only define these challenges, but to provide possible solutions. Each chapter has been contributed by an international expert, and topics covered include modeling, simulation, architecture, the emergence of SoS and SoSE, net-centricity, standards, management, and optimization, with various applications to defense, transportation, energy, the environment, healthcare, service industry, aerospace, robotics, infrastructure, and information technology. The book has been complemented with several case studies—Space Exploration, Future Energy Resources, Commercial Airlines Maintenance, Manufacturing Sector, Service Sector, Intelligent Transportation, Future Combat Missions, Global Earth Observation System of Systems project, and many more—to give readers an understanding of the real-world applications of this relatively new technology. System of Systems Engineering is an indispensable resource for aerospace and defense engineers and professionals in related fields.
Knowledge Driven Governance
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Author : Lihua Yang
language : en
Publisher: Springer
Release Date : 2018-11-19
Knowledge Driven Governance written by Lihua Yang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-19 with Technology & Engineering categories.
This book explores a new model for addressing the central issue of environmental and other collective actions. An alternative to the classical models: central authority, privatization, and self-governance, it has provisionally been named “expert and scholar-based-” or “knowledge-driven governance”. The book also identifies seven working rules (or design principles) for successful knowledge-driven governance, and argues that the more strictly these rules are abided by, the more successful this model of governance becomes. Lastly, it demonstrates that in addition to Lindblom’s observed intellectually guided society and preference-guided/volition-guided society, there may be the possibility of a knowledge-driven society in which knowledge or intellect plays a greater role. The results obtained are supplemented by numerical calculations, presented as tables and figures. This book is intended for graduate students, lecturers and researchers working in environmental management, environmental science and engineering, sustainable development, collective action, and public administration.
Game Theory And Business Applications
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Author : Kalyan Chatterjee
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-06-26
Game Theory And Business Applications written by Kalyan Chatterjee and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-26 with Business & Economics categories.
Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.
Implications Of Modern Decision Science For Military Decision Support Systems
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Author : Paul K. Davis
language : en
Publisher: Rand Corporation
Release Date : 2005-09-14
Implications Of Modern Decision Science For Military Decision Support Systems written by Paul K. Davis and has been published by Rand Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-09-14 with Technology & Engineering categories.
A selective review of modern decision science and implications for decision-support systems. The study suggests ways to synthesize lessons from research on heuristics and biases with those from "naturalistic research." It also discusses modern tools, such as increasingly realistic simulations, multiresolution modeling, and exploratory analysis, which can assist decisionmakers in choosing strategies that are flexible, adaptive, and robust.
Topics In Management Science
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Author : Robert E. Markland
language : en
Publisher: John Wiley & Sons
Release Date : 1991-01-16
Topics In Management Science written by Robert E. Markland and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-01-16 with Business & Economics categories.
This Third Edition of the popular management science text, featuring more concise coverage of topics, new case studies for all eighteen chapters, and more illustrations, tables, and diagrams. Practical approach teaches students how to use management science techniques in real-world situations. Contains over 500 problems and 200 discussion questions.
Adaptive Stochastic Optimization Techniques With Applications
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Author : James A. Momoh
language : en
Publisher: CRC Press
Release Date : 2015-12-02
Adaptive Stochastic Optimization Techniques With Applications written by James A. Momoh and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-02 with Business & Economics categories.
Adaptive Stochastic Optimization Techniques with Applications provides a single, convenient source for state-of-the-art information on optimization techniques used to solve problems with adaptive, dynamic, and stochastic features. Presenting modern advances in static and dynamic optimization, decision analysis, intelligent systems, evolutionary pro