The theory of optimal decisions in a stochastic environment has seen many new developments in recent years. The implications of such theory for empirical and policy applications are several. This book attempts to analyze some of the impor- tant applied aspects of this theory and its recent developments. The stochastic environment is considered here in specific form, e.g., (a) linear programs (LP) with parameters subject to a probabilistic mechanism, (b) decision models with risk aversion, (c) resource allocation in a team, ...
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The theory of optimal decisions in a stochastic environment has seen many new developments in recent years. The implications of such theory for empirical and policy applications are several. This book attempts to analyze some of the impor- tant applied aspects of this theory and its recent developments. The stochastic environment is considered here in specific form, e.g., (a) linear programs (LP) with parameters subject to a probabilistic mechanism, (b) decision models with risk aversion, (c) resource allocation in a team, and (d) national economic planning. The book attempts to provide new research insights into several areas, e.g., (a) mixed strategy solutions and econometric tests of hypotheses of LP models, (b) the dual problems of efficient estimation and optimal regulation, (c) input-output planning under imperfect competition, and (d) linear programs viewed as constrained statistical games. Methods of optimal decision rules developed here for quadratic and linear decision problems are applicable in three broad areas: (a) applied economic models in resource allocation, planning and team decision, (b) operations research models in management decisions involving portfolio analysis and stochastic programming, and (c) systems science models in stochastic control and adaptive behavior. Some results reported here have been published in professional journals be-. fore, and I would like to thank the following journals in particular: Inter- national Journal of Systems Science, Journal of Optimization Theory and Applica- tions and Journal of Mathematical Analysis and Applications.
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Add this copy of Optimal Decisions Under Uncertainty to cart. $26.20, good condition, Sold by Munster & Company rated 4.0 out of 5 stars, ships from Corvallis, OR, UNITED STATES, published 1981 by Springer Verlag.
Add this copy of Optimal Decisions Under Uncertainty to cart. $27.00, very good condition, Sold by Munster & Company rated 4.0 out of 5 stars, ships from Corvallis, OR, UNITED STATES, published 1981 by Springer-Verlag.
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Very Good. Berlin, Heidelberg, New York: Springer-Verlag, 1981. 156 pp. 24 x 16.5 cm. Stiff paper wrappers printed in grey and black. Rubbing to spine ends and corners of book, with light curling to upper corner of front cover. Light age toning to interior, which is clean and unmarked. Binding firm with no creases or cracks. Soft Cover. Very Good.
Add this copy of Optimal Decisions Under Uncertainty (Lecture Notes in to cart. $57.48, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1981 by Springer-Verlag.
Add this copy of Optimal Decisions Under Uncertainty (Lecture Notes in to cart. $60.34, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1981 by Springer.
Add this copy of Optimal Decisions Under Uncertainty to cart. $60.65, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 1981 by Springer.