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Dynamic Decision Theory

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Dynamic Decision Theory

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Author : G. Haag
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Dynamic Decision Theory written by G. Haag 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 2012-12-06 with Business & Economics categories.

Choice processes appear in all spheres of society. Hitherto ruling paradigms in the modelling of choice problems have presumed a competitive general equi librium which, however, proves insufficient for dynamic processes. This contribution aims at providing a general coherent and closed frame work for the dynamic modelling of decision processes. It was one of my main interests to build a bridge between the pure model building concepts and their practical applications. Therefore all given examples are related to empirical work. Solution algorithms for the estimation of trend parameters as well as the numerical simulation in concrete applications therefore playa central role in this contribution. Friendly relations with a number of colleagues from many universities in Europe, and the U.S. have emerged during the different applications. I wish to thank all of them. The international cooperations were mainly initiated and supported by conferences and workshops organized and financed by the International Institute for Applied Systems Analysis (lIASA), the Istituto Ricerche Economico-Sociali Del Piemonte (I RES). the Institut National D 'Etudes De'mographiques (I NED), the Centre for Regional Science Research UmeJ. (CERUM) and the Projets de Cooperation et D'Echange avec France (Procop>' Special thanks go to the Volkswagen Stiftung for financial support of this work over the years. Thanks also go in particular to my friend and mentor Prof. W. Weidlich for his encouragement and for the many suggestions he made in fruitful discus sions and common work that have taken place over the years.

Practical Modelling Of Dynamic Decision Making

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Author : Rick Evertsz
language : en
Publisher: Springer
Release Date : 2019-03-23

Practical Modelling Of Dynamic Decision Making written by Rick Evertsz and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-23 with Computers categories.

This book presents TDF (Tactics Development Framework), a practical methodology for eliciting and engineering models of expert decision-making in dynamic domains. The authors apply the BDI (Beliefs, Desires, Intentions) paradigm to the elicitation and modelling of dynamic decision making expertise, including team behaviour, and map it to a diagrammatic representation that is intuitive to domain experts. The book will be of value to researchers and practitioners engaged in dynamic decision making.

Dynamic Decision Theory

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Author : Günter Haag
language : en
Publisher: Springer
Release Date : 2011-10-22

Dynamic Decision Theory written by Günter Haag and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-22 with Business & Economics categories.

Efficiency Versus Sustainability In Dynamic Decision Making

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Author : Bodo Glaser
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Efficiency Versus Sustainability In Dynamic Decision Making written by Bodo Glaser 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 2012-12-06 with Business & Economics categories.

To all who taught me, and to all who will. Over the past fifteen years the notions of efficiency and sustainability have, more than any others, influenced the academic and public discussion concerning the intertemporal allocation of resources, especially as regards the economics of growth and environment. This treatise formally develops and counterposes these notions by means of the construct of a trajectorial objective, which is here developed, along with its implications, as a natural advance upon the classical scalar objective. In the course of this study it becomes clear that efficiency and sustainability are by no means identical, given that efficiency, on the one hand, is the concept for avoiding wasteful behavior, and sustainability, on the other, is the concept for ensuring that certain critical aspiration levels, which usually reflect the wish for survival, are maintained. Nonetheless, contrary to what may be assumed, these two concepts do not generally yield mutually exclusive solutions; in fact, they can be combined to complement each other in the quest for unimprovable long-term solutions which sustain given and necessary aspiration levels. This treatise develops and analyzes dynamic decision models (DDM) with one trajectorial objective according to the methodology of multi criteria decision making (MCDM). Moreover, introducing the method of distance maximization crucially augments MCDM and proves to be invaluable for DDMs in the case of a nonexistent utopia trajectory as well as in the case of sustainability as objective.

Dynamic Decision Theory And Probabilistic Information Processing

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Author : Ward Edwards
language : en
Publisher:
Release Date : 1962

Dynamic Decision Theory And Probabilistic Information Processing written by Ward Edwards and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1962 with categories.

Effects Of Feedback Structure On Dynamic Decision Making

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Author : Ernest-Walter Diehl
language : en
Publisher:
Release Date : 1992

Effects Of Feedback Structure On Dynamic Decision Making written by Ernest-Walter Diehl and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Decision making categories.

Decision Theory

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Author : Bather
language : en
Publisher: Halsted Press
Release Date : 2001-05

Decision Theory written by Bather and has been published by Halsted Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-05 with categories.

Anticipatory Optimization For Dynamic Decision Making

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Author : Stephan Meisel
language : en
Publisher: Springer Science & Business Media
Release Date : 2011-06-23

Anticipatory Optimization For Dynamic Decision Making written by Stephan Meisel 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 2011-06-23 with Business & Economics categories.

The availability of today’s online information systems rapidly increases the relevance of dynamic decision making within a large number of operational contexts. Whenever a sequence of interdependent decisions occurs, making a single decision raises the need for anticipation of its future impact on the entire decision process. Anticipatory support is needed for a broad variety of dynamic and stochastic decision problems from different operational contexts such as finance, energy management, manufacturing and transportation. Example problems include asset allocation, feed-in of electricity produced by wind power as well as scheduling and routing. All these problems entail a sequence of decisions contributing to an overall goal and taking place in the course of a certain period of time. Each of the decisions is derived by solution of an optimization problem. As a consequence a stochastic and dynamic decision problem resolves into a series of optimization problems to be formulated and solved by anticipation of the remaining decision process. However, actually solving a dynamic decision problem by means of approximate dynamic programming still is a major scientific challenge. Most of the work done so far is devoted to problems allowing for formulation of the underlying optimization problems as linear programs. Problem domains like scheduling and routing, where linear programming typically does not produce a significant benefit for problem solving, have not been considered so far. Therefore, the industry demand for dynamic scheduling and routing is still predominantly satisfied by purely heuristic approaches to anticipatory decision making. Although this may work well for certain dynamic decision problems, these approaches lack transferability of findings to other, related problems. This book has serves two major purposes: ‐ It provides a comprehensive and unique view of anticipatory optimization for dynamic decision making. It fully integrates Markov decision processes, dynamic programming, data mining and optimization and introduces a new perspective on approximate dynamic programming. Moreover, the book identifies different degrees of anticipation, enabling an assessment of specific approaches to dynamic decision making. ‐ It shows for the first time how to successfully solve a dynamic vehicle routing problem by approximate dynamic programming. It elaborates on every building block required for this kind of approach to dynamic vehicle routing. Thereby the book has a pioneering character and is intended to provide a footing for the dynamic vehicle routing community.

Decision Theory

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Author : Douglas John White
language : en
Publisher: Transaction Publishers
Release Date :

Decision Theory written by Douglas John White and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.

Some concepts and their interpretation; Theories of choice, value and uncertainty; Decidability; Some practical considerations in decision analysis; Information for decision; Pragmatic aspects of decision theory; Mathematical models and decision.

Practical Modelling Of Dynamic Decision Making

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Author : Rick Evertsz
language : en
Publisher:
Release Date : 2019

Practical Modelling Of Dynamic Decision Making written by Rick Evertsz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Decision making categories.

Dynamic Decision Theory

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