Decisions Under Uncertainty


Decisions Under Uncertainty
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Decision Making Under Uncertainty


Decision Making Under Uncertainty
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Author : Mykel J. Kochenderfer
language : en
Publisher: MIT Press
Release Date : 2015-07-24

Decision Making Under Uncertainty written by Mykel J. Kochenderfer and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-24 with Computers categories.


An introduction to decision making under uncertainty from a computational perspective, covering both theory and applications ranging from speech recognition to airborne collision avoidance. Many important problems involve decision making under uncertainty—that is, choosing actions based on often imperfect observations, with unknown outcomes. Designers of automated decision support systems must take into account the various sources of uncertainty while balancing the multiple objectives of the system. This book provides an introduction to the challenges of decision making under uncertainty from a computational perspective. It presents both the theory behind decision making models and algorithms and a collection of example applications that range from speech recognition to aircraft collision avoidance. Focusing on two methods for designing decision agents, planning and reinforcement learning, the book covers probabilistic models, introducing Bayesian networks as a graphical model that captures probabilistic relationships between variables; utility theory as a framework for understanding optimal decision making under uncertainty; Markov decision processes as a method for modeling sequential problems; model uncertainty; state uncertainty; and cooperative decision making involving multiple interacting agents. A series of applications shows how the theoretical concepts can be applied to systems for attribute-based person search, speech applications, collision avoidance, and unmanned aircraft persistent surveillance. Decision Making Under Uncertainty unifies research from different communities using consistent notation, and is accessible to students and researchers across engineering disciplines who have some prior exposure to probability theory and calculus. It can be used as a text for advanced undergraduate and graduate students in fields including computer science, aerospace and electrical engineering, and management science. It will also be a valuable professional reference for researchers in a variety of disciplines.



Theory Of Decision Under Uncertainty


Theory Of Decision Under Uncertainty
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Author : Itzhak Gilboa
language : en
Publisher: Cambridge University Press
Release Date : 2009-03-16

Theory Of Decision Under Uncertainty written by Itzhak Gilboa and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-16 with Business & Economics categories.


This book describes the classical axiomatic theories of decision under uncertainty, as well as critiques thereof and alternative theories. It focuses on the meaning of probability, discussing some definitions and surveying their scope of applicability. The behavioral definition of subjective probability serves as a way to present the classical theories, culminating in Savage's theorem. The limitations of this result as a definition of probability lead to two directions - first, similar behavioral definitions of more general theories, such as non-additive probabilities and multiple priors, and second, cognitive derivations based on case-based techniques.



Analysis Of Decisions Under Uncertainty


Analysis Of Decisions Under Uncertainty
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Author : Robert Schlaifer
language : en
Publisher:
Release Date : 1978

Analysis Of Decisions Under Uncertainty written by Robert Schlaifer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.




Decisions Under Uncertainty


Decisions Under Uncertainty
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Author : Ian Jordaan
language : en
Publisher: Cambridge University Press
Release Date : 2005-04-07

Decisions Under Uncertainty written by Ian Jordaan and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-04-07 with Business & Economics categories.


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Decision Making Under Uncertainty


Decision Making Under Uncertainty
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Author : Tapan Biswas
language : en
Publisher: MacMillan
Release Date : 1997

Decision Making Under Uncertainty written by Tapan Biswas and has been published by MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Decision-making categories.


At the core of microeconomic theory lie the economics of uncertainty and the economics of games and decisions. This text for undergraduates and specialists in mathematical economics links game theory with decision-making under uncertainty



Decisions Under Uncertainty


Decisions Under Uncertainty
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Author : Charles Jackson Grayson (Jr.)
language : en
Publisher:
Release Date : 1982

Decisions Under Uncertainty written by Charles Jackson Grayson (Jr.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Decision making categories.




Managerial Decisions Under Uncertainty


Managerial Decisions Under Uncertainty
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Author : Bruce F. Baird
language : en
Publisher: John Wiley & Sons
Release Date : 1991-01-16

Managerial Decisions Under Uncertainty written by Bruce F. Baird 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.


How to improve decision-making skills in realistic situations and do it in a reasonably nonmathematical fashion. Develops practical techniques for deciding upon the best strategies in a variety of situations. Provides methods for reducing complex problems to easily-drawn decision diagrams (trees), supported by real-world examples. Includes detailed cases that employ the methods described in the text. Each chapter contains illustrative examples and exercises.



Decision Making Under Uncertainty In Electricity Markets


Decision Making Under Uncertainty In Electricity Markets
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Author : Antonio J. Conejo
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-09-08

Decision Making Under Uncertainty In Electricity Markets written by Antonio J. Conejo 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 2010-09-08 with Business & Economics categories.


Decision Making Under Uncertainty in Electricity Markets provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. Particularly, these techniques allow electricity producers to derive offering strategies for the pool and contracting decisions in the futures market. Retailers use these techniques to derive selling prices to clients and energy procurement strategies through the pool, the futures market and bilateral contracting. Using the proposed models, consumers can derive the best energy procurement strategies using the available trading floors. The market operator can use the techniques proposed in this book to clear simultaneously energy and reserve markets promoting efficiency and equity. The techniques described in this book are of interest for professionals working on energy markets, and for graduate students in power engineering, applied mathematics, applied economics, and operations research.



Info Gap Decision Theory


Info Gap Decision Theory
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Author : Yakov Ben-Haim
language : en
Publisher: Elsevier
Release Date : 2006-10-11

Info Gap Decision Theory written by Yakov Ben-Haim and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-11 with Computers categories.


Everyone makes decisions, but not everyone is a decision analyst. A decision analyst uses quantitative models and computational methods to formulate decision algorithms, assess decision performance, identify and evaluate options, determine trade-offs and risks, evaluate strategies for investigation, and so on. Info-Gap Decision Theory is written for decision analysts. The term "decision analyst" covers an extremely broad range of practitioners. Virtually all engineers involved in design (of buildings, machines, processes, etc.) or analysis (of safety, reliability, feasibility, etc.) are decision analysts, usually without calling themselves by this name. In addition to engineers, decision analysts work in planning offices for public agencies, in project management consultancies, they are engaged in manufacturing process planning and control, in financial planning and economic analysis, in decision support for medical or technological diagnosis, and so on and on. Decision analysts provide quantitative support for the decision-making process in all areas where systematic decisions are made. This second edition entails changes of several sorts. First, info-gap theory has found application in several new areas - especially biological conservation, economic policy formulation, preparedness against terrorism, and medical decision-making. Pertinent new examples have been included. Second, the combination of info-gap analysis with probabilistic decision algorithms has found wide application. Consequently "hybrid" models of uncertainty, which were treated exclusively in a separate chapter in the previous edition, now appear throughout the book as well as in a separate chapter. Finally, info-gap explanations of robust-satisficing behavior, and especially the Ellsberg and Allais "paradoxes", are discussed in a new chapter together with a theorem indicating when robust-satisficing will have greater probability of success than direct optimizing with uncertain models. New theory developed systematically Many examples from diverse disciplines Realistic representation of severe uncertainty Multi-faceted approach to risk Quantitative model-based decision theory



Marine Decisions Under Uncertainty


Marine Decisions Under Uncertainty
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Author : John W. Devanney
language : en
Publisher: Cornell Maritime Press/Tidewater Publishers
Release Date : 1971

Marine Decisions Under Uncertainty written by John W. Devanney and has been published by Cornell Maritime Press/Tidewater Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Business & Economics categories.