Coping with Uncertainty Coping with Uncertainty
Lecture Notes in Economics and Mathematical Systems

Coping with Uncertainty

Modeling and Policy Issues

Kurt Marti und andere
    • 109,99 €
    • 109,99 €

Beschreibung des Verlags

Ongoing global changes bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The uncertainty critically dominantes, e.g., the climate change debates. In short, the dilemma is concerned with enormous costs vs. massive uncertainties of potential extreme impacts. Traditional scientific approaches usually rely on real observations and experiments. Yet no sufficient observations exist for new problems, and "pure" experiments and learning by doing may be very expensive, dangerous, or simply impossible. In addition, available historical observations are contaminated by actions, policies. The complexity of new problems does not allow to achieve enough certainty by increasing the resolution of models or by bringing in more links. Hence, new tools for modeling and management of uncertainty are needed, as given in this book.

GENRE
Business und Finanzen
ERSCHIENEN
2006
23. November
SPRACHE
EN
Englisch
UMFANG
343
Seiten
VERLAG
Springer Berlin Heidelberg
ANBIETERINFO
Springer Science & Business Media LLC
GRÖSSE
5,6
 MB
Leichenreden Leichenreden
2025
Stochastic Optimization Methods Stochastic Optimization Methods
2024
Die Riesin Die Riesin
2023
Hannis Äpfel Hannis Äpfel
2021
Der Alphornpalast Der Alphornpalast
2021
Optimization Under Stochastic Uncertainty Optimization Under Stochastic Uncertainty
2020
Sovereign Default Risk Valuation Sovereign Default Risk Valuation
2006
Advances in Artificial Economics Advances in Artificial Economics
2007
The Knowledge Ahead Approach to Risk The Knowledge Ahead Approach to Risk
2006
Strategic Closed-Loop Supply Chain Management Strategic Closed-Loop Supply Chain Management
2006
Real Options and Intellectual Property Real Options and Intellectual Property
2007
Cooperative Systems Cooperative Systems
2007