Info-Gap Decision Theory
Decisions Under Severe Uncertainty 2nd Revised edition
By (author) Yakov Ben-Haim
Normal Price: $219.00
Your Price: $197.10 AUD, inc. GST
Shipping: $6.95 per order
You Save: $21.90! (10% off normal price)
Plus...earn $9.86 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Info-Gap Decision Theory by Yakov Ben-Haim
Book DescriptionEveryone makes decisions, but not everyone is a decision analyst. A decision analyst uses quantitative models and computational methods to formulate decision algorithms, assess decision performance, identify and evaluate options, determine trade-offs and risks, evaluate strategies for investigation, and so on. This book is written for decision analysts. The term "decision analyst" covers an extremely broad range of practitioners. Virtually all engineers involved in design (of buildings, machines, processes, etc.) or analysis (of safety, reliability, feasibility, etc.) are decision analysts, usually without calling themselves by this name. In addition to engineers, decision analysts work in planning offices for public agencies, in project management consultancies, they are engaged in manufacturing process planning and control, in financial planning and economic analysis, in decision support for medical or technological diagnosis, and so on and on. Decision analysts provide quantitative support for the decision-making process in all areas where systematic decisions are made. This second edition entails changes of several sorts. First, info-gap theory has found application in several new areas - especially biological conservation, economic policy formulation, preparedness against terrorism, and medical decision-making. Pertinent new examples have been included. Second, the combination of info-gap analysis with probabilistic decision algorithms has found wide application. Consequently "hybrid" models of uncertainty, which were treated exclusively in a separate chapter in the previous edition, now appear throughout the book as well as in a separate chapter. Finally, info-gap explanations of robust-satisficing behavior, and especially the Ellsberg and Allais "paradoxes", are discussed in a new chapter together with a theorem indicating when robust-satisficing will have greater probability of success than direct optimizing with uncertain models. * New theory developed systematically. * Many examples from diverse disciplines. * Realistic representation of severe uncertainty. * Multi-faceted approach to risk. * Quantitative model-based decision theory.
Buy Info-Gap Decision Theory book by Yakov Ben-Haim from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780123735522
(240mm x 165mm x 20mm)
Imprint: Academic Press Inc
Publisher: Elsevier Science Publishing Co Inc
Publish Date: 7-Aug-2006
Country of Publication: United States
Books By Author Yakov Ben-Haim
Info-Gap Economics, Hardback (April 2010)» View all books by Yakov Ben-Haim
This book is a product of applying info-gap decision theory to policy formulation and evaluation in monetary economics and related domains. Info-gap theory has been applied to planning and decision problems in many areas, including engineering, biological conservation, project management, economics, medicine, homeland security, and more.
» Have you read this book? We'd like to know what you think about it - write a review about Info-Gap Decision Theory book by Yakov Ben-Haim and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Yakov Ben-Haim
Yakov Ben-Haim originated info-gap theory which has been applied to decision-making in engineering, biological conservation, behavioral science, medicine, economic policy, project management and homeland security. Dr. Ben-Haim is a professor in Mechanical Engineering at the Technion - Israel Institute of Technology, and holds the Yitzhak Moda'i Chair in Technology and Economics. He has been a visiting professor in Canada, Europe, Japan, Korea and the U.S.
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2016. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.