Uncertainty Constraints And Decision Making

DOWNLOAD

Download Uncertainty Constraints And Decision Making PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Uncertainty Constraints And Decision Making book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page

Uncertainty Constraints And Decision Making

DOWNLOAD
Author : Martine Ceberio
language : en
Publisher: Springer Nature
Release Date : 2023-09-18

Uncertainty Constraints And Decision Making 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 2023-09-18 with Technology & Engineering categories.

In the first approximation, decision making is nothing else but an optimization problem: We want to select the best alternative. This description, however, is not fully accurate: it implicitly assumes that we know the exact consequences of each decision, and that, once we have selected a decision, no constraints prevent us from implementing it. In reality, we usually know the consequences with some uncertainty, and there are also numerous constraints that needs to be taken into account. The presence of uncertainty and constraints makes decision making challenging. To resolve these challenges, we need to go beyond simple optimization, we also need to get a good understanding of how the corresponding systems and objects operate, a good understanding of why we observe what we observe – this will help us better predict what will be the consequences of different decisions. All these problems – in relation to different application areas – are the main focus of this book.

Uncertainty And Environmental Decision Making

DOWNLOAD
Author : Jerzy A. Filar
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-05-03

Uncertainty And Environmental Decision Making written by Jerzy A. Filar 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 2010-05-03 with Science categories.

The 21st century promises to be an era dominated by international response to c- tain global environmental challenges such as climate change, depleting biodiversity and biocapacity as well as general atmospheric, water and soil pollution problems. Consequently, Environmental decision making (EDM) is a socially important ?eld of development for Operations Research and Management Science (OR/MS). - certainty is an important feature of these decision problems and it intervenes at very different time and space scales. The Handbook on “Uncertainty and Environmental Decision Making” provides a guided tour of selected methods and tools that OR/MS offer to deal with these issues. Below, we brie?y introduce, peer reviewed, chapters of this handbook and the topics that are treated by the invited authors. The ?rst chapter is a general introduction to the challenges of environmental decision making, the use of OR/MS techniques and a range of tools that are used to deal with uncertainty in this domain.

The Art Of Making Decisions Under Uncertainty

DOWNLOAD
Author : Charles Yoe
language : en
Publisher: CRC Press
Release Date : 2025-09-04

The Art Of Making Decisions Under Uncertainty written by Charles Yoe and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-09-04 with Technology & Engineering categories.

Uncertainty is a part of every decision we make, from the everyday to the high-stakes, from personal choices to professional strategy. The Art of Making Decisions Under Uncertainty offers a clear, practical approach to dealing with the unknown without getting stuck or overwhelmed. Rather than treating uncertainty as a barrier, this book invites readers to see it as a constant companion—something to work with, not work against. Drawing on proven tools, real-world examples, and a wealth of practical insight, it shows how to make thoughtful, informed decisions even when information is incomplete, priorities are competing, and the path forward feels anything but clear. This is not a theory-heavy treatise. It’s a textbook guide for real people facing real decisions. Grounded in decision science but written for a broad audience, it bridges the gap between technical complexity and everyday practicality. Whether you’re leading a team, managing risk, shaping policy, or simply trying to make better personal choices, this book meets you where you are—with tools that work, language that makes sense, and encouragement to move forward with clarity and confidence. Inside you’ll find: Straightforward frameworks to help you recognize and manage different types of uncertainty Practical tools and techniques you can use right away to make sound decisions in fast-moving or high-pressure situations Case studies and examples that bring the concepts to life and show how they apply in work, leadership, and daily life Fresh perspectives on failure, bias, and risk, helping you not only avoid common pitfalls but turn setbacks into sources of insight If you’ve ever hesitated at a crossroads, second-guessed a big decision, or wished for more clarity in a world that rarely offers it, this book is for you. The Art of Making Decisions Under Uncertainty is your companion in making better choices when certainty is out of reach but a good decision is still within your grasp.

Constraint Programming And Decision Making

DOWNLOAD
Author : Martine Ceberio
language : en
Publisher: Springer
Release Date : 2014-01-21

Constraint Programming And Decision Making written by Martine Ceberio and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-21 with Technology & Engineering categories.

In many application areas, it is necessary to make effective decisions under constraints. Several area-specific techniques are known for such decision problems; however, because these techniques are area-specific, it is not easy to apply each technique to other applications areas. Cross-fertilization between different application areas is one of the main objectives of the annual International Workshops on Constraint Programming and Decision Making. Those workshops, held in the US (El Paso, Texas), in Europe (Lyon, France) and in Asia (Novosibirsk, Russia), from 2008 to 2012, have attracted researchers and practitioners from all over the world. This volume presents extended versions of selected papers from those workshops. These papers deal with all stages of decision making under constraints: (1) formulating the problem of multi-criteria decision making in precise terms, (2) determining when the corresponding decision problem is algorithmically solvable; (3) finding the corresponding algorithms and making these algorithms as efficient as possible and (4) taking into account interval, probabilistic and fuzzy uncertainty inherent in the corresponding decision making problems. The resulting application areas include environmental studies (selecting the best location for a meteorological tower), biology (selecting the most probable evolution history of a species), and engineering (designing the best control for a magnetic levitation train).

Environmental Decisions In The Face Of Uncertainty

DOWNLOAD
Author : Institute of Medicine
language : en
Publisher: National Academies Press
Release Date : 2013-05-20

Environmental Decisions In The Face Of Uncertainty written by Institute of Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-05-20 with Political Science categories.

The U.S. Environmental Protection Agency (EPA) is one of several federal agencies responsible for protecting Americans against significant risks to human health and the environment. As part of that mission, EPA estimates the nature, magnitude, and likelihood of risks to human health and the environment; identifies the potential regulatory actions that will mitigate those risks and protect public health1 and the environment; and uses that information to decide on appropriate regulatory action. Uncertainties, both qualitative and quantitative, in the data and analyses on which these decisions are based enter into the process at each step. As a result, the informed identification and use of the uncertainties inherent in the process is an essential feature of environmental decision making. EPA requested that the Institute of Medicine (IOM) convene a committee to provide guidance to its decision makers and their partners in states and localities on approaches to managing risk in different contexts when uncertainty is present. It also sought guidance on how information on uncertainty should be presented to help risk managers make sound decisions and to increase transparency in its communications with the public about those decisions. Given that its charge is not limited to human health risk assessment and includes broad questions about managing risks and decision making, in this report the committee examines the analysis of uncertainty in those other areas in addition to human health risks. Environmental Decisions in the Face of Uncertainty explains the statement of task and summarizes the findings of the committee.

Decision Making Under Deep Uncertainty

DOWNLOAD
Author : Vincent A. W. J. Marchau
language : en
Publisher: Springer
Release Date : 2019-04-04

Decision Making Under Deep Uncertainty written by Vincent A. W. J. Marchau and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-04 with Business & Economics categories.

This open access book focuses on both the theory and practice associated with the tools and approaches for decisionmaking in the face of deep uncertainty. It explores approaches and tools supporting the design of strategic plans under deep uncertainty, and their testing in the real world, including barriers and enablers for their use in practice. The book broadens traditional approaches and tools to include the analysis of actors and networks related to the problem at hand. It also shows how lessons learned in the application process can be used to improve the approaches and tools used in the design process. The book offers guidance in identifying and applying appropriate approaches and tools to design plans, as well as advice on implementing these plans in the real world. For decisionmakers and practitioners, the book includes realistic examples and practical guidelines that should help them understand what decisionmaking under deep uncertainty is and how it may be of assistance to them. Decision Making under Deep Uncertainty: From Theory to Practice is divided into four parts. Part I presents five approaches for designing strategic plans under deep uncertainty: Robust Decision Making, Dynamic Adaptive Planning, Dynamic Adaptive Policy Pathways, Info-Gap Decision Theory, and Engineering Options Analysis. Each approach is worked out in terms of its theoretical foundations, methodological steps to follow when using the approach, latest methodological insights, and challenges for improvement. In Part II, applications of each of these approaches are presented. Based on recent case studies, the practical implications of applying each approach are discussed in depth. Part III focuses on using the approaches and tools in real-world contexts, based on insights from real-world cases. Part IV contains conclusions and a synthesis of the lessons that can be drawn for designing, applying, and implementing strategic plans under deep uncertainty, as well as recommendations for future work. The publication of this book has been funded by the Radboud University, the RAND Corporation, Delft University of Technology, and Deltares.

Decision Making Under Uncertainty In Electricity Markets

DOWNLOAD
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.

Information Processing And Management Of Uncertainty

DOWNLOAD
Author : Anne Laurent
language : en
Publisher: Springer
Release Date : 2014-07-17

Information Processing And Management Of Uncertainty written by Anne Laurent and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-17 with Computers categories.

These three volumes (CCIS 442, 443, 444) constitute the proceedings of the 15th International Conference on Information Processing and Management of Uncertainty in Knowledge-Based Systems, IPMU 2014, held in Montpellier, France, July 15-19, 2014. The 180 revised full papers presented together with five invited talks were carefully reviewed and selected from numerous submissions. The papers are organized in topical sections on uncertainty and imprecision on the web of data; decision support and uncertainty management in agri-environment; fuzzy implications; clustering; fuzzy measures and integrals; non-classical logics; data analysis; real-world applications; aggregation; probabilistic networks; recommendation systems and social networks; fuzzy systems; fuzzy logic in boolean framework; management of uncertainty in social networks; from different to same, from imitation to analogy; soft computing and sensory analysis; database systems; fuzzy set theory; measurement and sensory information; aggregation; formal methods for vagueness and uncertainty in a many-valued realm; graduality; preferences; uncertainty management in machine learning; philosophy and history of soft computing; soft computing and sensory analysis; similarity analysis; fuzzy logic, formal concept analysis and rough set; intelligent databases and information systems; theory of evidence; aggregation functions; big data - the role of fuzzy methods; imprecise probabilities: from foundations to applications; multinomial logistic regression on Markov chains for crop rotation modelling; intelligent measurement and control for nonlinear systems.

Heterogeneous Wastes Characterization

DOWNLOAD
Author : Epa/Envir Syst Monit
language : en
Publisher: CRC Press
Release Date : 1992-11-18

Heterogeneous Wastes Characterization written by Epa/Envir Syst Monit and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-11-18 with Technology & Engineering categories.

Heterogenous Wastes Characterization Methods and Recommendations addresses the problems faced by investigators when attempting to characterize heterogenous wastes contaminated with hazardous chemicals and/or radionuclides. The book is the result of a workshop conducted by the U.S. Environmental Protection Agency and the U.S. Department of Energy to devise methods for cleaning up waste sites, including landfills and drum dumps, where these chemicals have been spilled or improperly stored. The book summarizes study planning tools, sampling design strategies, and field and laboratory methods now in use. It also identifies the advantages and disadvantages of each method. In addition, the book identifies areas that would benefit from methodological research or development or the adoption of new approaches. Pertinent regulatory definitions have been assembled and augmented with practical working definitions. Heterogenous Wastes Characterization Methods and Recommendations is essential for personnel who work with hazardous wastes or in sanitary engineering firms.

Optimal Financial Decision Making Under Uncertainty

DOWNLOAD
Author : Giorgio Consigli
language : en
Publisher: Springer
Release Date : 2016-10-17

Optimal Financial Decision Making Under Uncertainty written by Giorgio Consigli and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-17 with Business & Economics categories.

The scope of this volume is primarily to analyze from different methodological perspectives similar valuation and optimization problems arising in financial applications, aimed at facilitating a theoretical and computational integration between methods largely regarded as alternatives. Increasingly in recent years, financial management problems such as strategic asset allocation, asset-liability management, as well as asset pricing problems, have been presented in the literature adopting formulation and solution approaches rooted in stochastic programming, robust optimization, stochastic dynamic programming (including approximate SDP) methods, as well as policy rule optimization, heuristic approaches and others. The aim of the volume is to facilitate the comprehension of the modeling and methodological potentials of those methods, thus their common assumptions and peculiarities, relying on similar financial problems. The volume will address different valuation problems common in finance related to: asset pricing, optimal portfolio management, risk measurement, risk control and asset-liability management. The volume features chapters of theoretical and practical relevance clarifying recent advances in the associated applied field from different standpoints, relying on similar valuation problems and, as mentioned, facilitating a mutual and beneficial methodological and theoretical knowledge transfer. The distinctive aspects of the volume can be summarized as follows: Strong benchmarking philosophy, with contributors explicitly asked to underline current limits and desirable developments in their areas. Theoretical contributions, aimed at advancing the state-of-the-art in the given domain with a clear potential for applications The inclusion of an algorithmic-computational discussion of issues arising on similar valuation problems across different methods. Variety of applications: rarely is it possible within a single volume to consider and analyze different, and possibly competing, alternative optimization techniques applied to well-identified financial valuation problems. Clear definition of the current state-of-the-art in each methodological and applied area to facilitate future research directions.