Author: Haim Levy
Publisher: Springer
Keywords: uncertainty, studies, risk, making, decision, dominance, investment, stochastic
Number of Pages: 440
Published: 2006-02-23
List price: $149.00
ISBN-10: 0387293027
ISBN-13: 9780387293028

This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: The stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative prospect theory. These approaches are discussed and compared in this book. In addition, this volume examines cases in which stochastic dominance rules coincide with the mean-variance rule and cases in which contradictions between these two approaches may occur. It then discusses the relationship between st

Author: Baoding Liu
Publisher: Springer
Keywords: uncertainty, studies, computational, intelligence, human, modeling, theory, branch, mathematics
Number of Pages: 350
Published: 2011-07-29
List price: $179.00
ISBN-10: 3642139582
ISBN-13: 9783642139581

Uncertainty theory is a branch of mathematics based on normality, monotonicity, self-duality, countable subadditivity, and product measure axioms. Uncertainty is any concept that satisfies the axioms of uncertainty theory. Thus uncertainty is neither randomness nor fuzziness. It is also known from some surveys that a lot of phenomena do behave like uncertainty. How do we model uncertainty? How do we use uncertainty theory? In order to answer these questions, this book provides a self-contained, comprehensive and up-to-date presentation of uncertainty theory, including uncertain programming, un

Authors:Millett Granger Morgan, Max Henrio,
Publisher: Cambridge University Pre
Keywords: uncertainty, policy, analysis, risk, quantitative, guide, dealing
Number of Pages: 348
Published: 1990-08-31
List price: $110.00
ISBN-10: 0521365422
ISBN-13: 9780521365420

The authors explain the ways in which uncertainty is an important factor in the problems of risk and policy analysis. This book outlines the source and nature of uncertainty, discusses techniques for obtaining and using expert judgment, and reviews a variety of simple and advanced methods for analyzing uncertainty. Powerful computer environments and good graphical techniques for displaying uncertainty are just two of the more advanced topics addressed in later chapters.Book DescriptionUncertainty’s importance in the problems of risk and policy analysis is explained by outlining its sourc

Authors:Millett Granger Morgan, Max Henrion,
Publisher: Cambridge University Press
Keywords: uncertainty, policy, analysis, risk, quantitative, guide, dealing
Number of Pages: 344
Published: 1992-06-26
List price: $46.99
ISBN-10: 0521427444
ISBN-13: 9780521427449

The authors explain the ways in which uncertainty is an important factor in the problems of risk and policy analysis. This book outlines the source and nature of uncertainty, discusses techniques for obtaining and using expert judgment, and reviews a variety of simple and advanced methods for analyzing uncertainty. Powerful computer environments and good graphical techniques for displaying uncertainty are just two of the more advanced topics addressed in later chapters.

Authors:Aymo Brunetti, Beatrice Weder,
Publisher: World Bank
Keywords: uncertainty, paper, international, finance, technical, corporation, different, institutional, comparative, study, investment, measures
Number of Pages: 39
Published: 1997-12-01
List price: $20.00
ISBN-10: 0821341596
ISBN-13: 9780821341599

Authors:L. Kirkup, R. B. Frenkel,
Publisher: Cambridge University Press
Keywords: measurement, uncertainty, expression, guide, using, introduction, gum
Number of Pages: 248
Published: 2006-07-03
List price: $80.00
ISBN-10: 0521844282
ISBN-13: 9780521844284

Measurement shapes scientific theories, characterises improvements in manufacturing processes and promotes efficient commerce. In concert with measurement is uncertainty, and students in science and engineering need to identify and quantify uncertainties in the measurements they make. This book introduces measurement and uncertainty to second and third year students of science and engineering. Its approach relies on the internationally recognised and recommended guidelines for calculating and expressing uncertainty (known by the acronym GUM). The statistics underpinning the methods are consid

Author: Ian Lerche
Publisher: Academic Press
Keywords: risk, uncertainty, strategy, exploration, oil, geological
Number of Pages: 658
Published: 1997-09-02
List price: $192.00
ISBN-10: 0124441742
ISBN-13: 9780124441743

Oil exploration is a high-risk game. With worldwide drilling success of only 10% and a typical price tag of $15 million per well, it is no surprise the oil industry seeks better methods of managing financial risk. Geological Risk and Uncertainty in Oil Exploration answers this need by identifying the various uncertainties associated with basin analysis and incorporating this information into probabilistic models of basin evolution in relation to oil accumulation.Oil and gas explorationists, strategic resource economists, and petroleum professionals who deal with scientific uncertainty and risk