Optimal infrastructure management decisions under uncertainty
β Scribed by Samer Madanat
- Publisher
- Elsevier Science
- Year
- 1993
- Tongue
- English
- Weight
- 875 KB
- Volume
- 1
- Category
- Article
- ISSN
- 0968-090X
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
ommodity trading decisions, like all decisions, must be made under one of C three broad conditions: certainty, risk, or uncertainty. When a decision is made under certainty, the results of all possible actions are known in advance. When a decision is made under risk, the results are not known in adv
This paper develops a prescriptive approach to decision-making with severely uncertain information, and explores risk-taking behavior, based on non-probabilistic set-models of information-gap uncertainty. Info-gap models are well suited for representing uncertainty arising from severe lack of inform