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English Pages 242 Year 2016
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Knight (1921) defines uncertainty as an informational market failure that, while being detrimental to most existing busi
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In the first approximation, decision making is nothing else but an optimization problem: We want to select the best alte
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Some uncertainties are resolvable. The insurance industry’s actuarial tables and the gambler’s roulette wheel both yield
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Advancing new sense-making tools for organizational strategy, this book demonstrates how to deal with asymmetric threats
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This book describes new techniques for making decisions in situations with uncertainty and new applications of decision-
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This book is an exploration of the ubiquity of ambiguity in decision-making under uncertainty. It presents various essay
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The book comprises original articles on topical issues of risk theory, rational decision making, statistical decisions,
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This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participatin
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Risk, Choice, and Uncertainty offers a new narrative of the three-century history of the study of decision making, traci
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