Optimisation of Production Under Uncertainty

Name: Optimisation of Production Under Uncertainty
Author: Svend Rasmussen

The State-Contingent Approach

Specificaties

Paperback, 81 blz. | Engels

Springer Berlin Heidelberg | 2011e druk, 2011

ISBN13: 9783642216855

Rubricering

Juridisch :

Springer Berlin Heidelberg 2011e druk, 2011 9783642216855

Onderdeel van serie SpringerBriefs in Economics

60,94

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Samenvatting

The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.

Specificaties

ISBN13:9783642216855

Taal:Engels

Bindwijze:paperback

Aantal pagina's:81

Uitgever:Springer Berlin Heidelberg

Druk:2011

Hoofdrubriek:Economie

Serie:SpringerBriefs in Economics

Inhoudsopgave

<p>Preface.- 1 Introduction.- 2 Decision Theory Elements.- 3 Utility Function.- 4 State-Contingent Outcome and Preference.- 5 Preferences and Subjective Probabilities.- 6 Formulation of the Decision Problem.- 7 Connections Between Input and State-Contingent Output.- 8 Optimising Production Under Uncertainty.- 9 Summary and Conclusion.- References</p>