The Formation Of Groups For Cooperative Decision Making Under Uncertainty
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Author | : Jakob Rosing |
Publisher | : |
Total Pages | : 198 |
Release | : 1968 |
Genre | : Decision making |
ISBN | : |
In many situations involving interaction among parties, the individual welfare of each party can be improved by cooperation. This requires a cooperative decision, which specifies the course of action to be followed by each party, and a rule for sharing the total payoff resulting from that decision. In general, the total payoff will depend on the value of a random variable that is unknown at the time of the decision making. This study determines the conditions under which the parties are willing to delegate cooperative decision making to a group. In arriving at its optimal decision, this group does not take into account the division of the total payoff among the parties. Furthermore, the parties are willing to form this group independent of the set of alternative payoff functions. The results are based on the assumption of complete information; that is, each party knows his own and his opponents' utility functions, subjective probability distributions, available strategies, and payoff functions. (Author).
Author | : Peter Ove Christensen |
Publisher | : Springer Science & Business Media |
Total Pages | : 618 |
Release | : 2002-10-31 |
Genre | : Business & Economics |
ISBN | : 1402072295 |
This is the softcover version of a title that was released in 2002 and has sold more than 500 copies since then world wide. Examines the fundamentals of the decision-facilitating and decision-influencing role of information in accounting. Emphasises the impact of public and private information on equilibria and investor welfare in capital and product markets.
Author | : R. Neves-Silva |
Publisher | : IOS Press |
Total Pages | : 460 |
Release | : 2013-06-13 |
Genre | : Business & Economics |
ISBN | : 1614992649 |
The field of intelligent decision technologies is interdisciplinary in nature, bridging computer science with its development of artificial intelligence, information systems with its development of decision support systems, and engineering with its development of systems. This book presents the 45 papers accepted for presentation at the 5th KES International Conference on Intelligent Decision Technologies (KES-IDT 2013), held in Sesimbra, Portugal, in June 2013. The conference consists of keynote talks, oral and poster presentations, invited sessions and workshops on the applications and theory of intelligent decision systems and related areas. The conference provides an opportunity for the presentation and discussion of interesting new research results, promoting knowledge transfer and the generation of new ideas. The book will be of interest to all those whose work involves the development and application of intelligent decision systems.
Author | : John Eatwell |
Publisher | : Springer |
Total Pages | : 869 |
Release | : 1992-10-14 |
Genre | : Business & Economics |
ISBN | : 1349117218 |
The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike.
Author | : James J. (Jong Hyuk) Park |
Publisher | : Springer Science & Business |
Total Pages | : 491 |
Release | : 2014-04-16 |
Genre | : Technology & Engineering |
ISBN | : 3642549004 |
The aims of these proceedings are to provide a complete coverage of the areas outlined, and to bring together researchers from academic and industry to share ideas, challenges, and solutions relating to the multifaceted aspects of this field. New multimedia standards (for example, MPEG-21) facilitate the seamless integration of multiple modalities into interoperable multimedia frameworks, transforming the way people work and interact with multimedia data. These key technologies and multimedia solutions interact and collaborate with each other in increasingly effective ways, contributing to the multimedia revolution and having a significant impact across a wide spectrum of consumer, business, healthcare, education, and governmental domains.
Author | : Mykel J. Kochenderfer |
Publisher | : MIT Press |
Total Pages | : 350 |
Release | : 2015-07-24 |
Genre | : Computers |
ISBN | : 0262331713 |
An introduction to decision making under uncertainty from a computational perspective, covering both theory and applications ranging from speech recognition to airborne collision avoidance. Many important problems involve decision making under uncertainty—that is, choosing actions based on often imperfect observations, with unknown outcomes. Designers of automated decision support systems must take into account the various sources of uncertainty while balancing the multiple objectives of the system. This book provides an introduction to the challenges of decision making under uncertainty from a computational perspective. It presents both the theory behind decision making models and algorithms and a collection of example applications that range from speech recognition to aircraft collision avoidance. Focusing on two methods for designing decision agents, planning and reinforcement learning, the book covers probabilistic models, introducing Bayesian networks as a graphical model that captures probabilistic relationships between variables; utility theory as a framework for understanding optimal decision making under uncertainty; Markov decision processes as a method for modeling sequential problems; model uncertainty; state uncertainty; and cooperative decision making involving multiple interacting agents. A series of applications shows how the theoretical concepts can be applied to systems for attribute-based person search, speech applications, collision avoidance, and unmanned aircraft persistent surveillance. Decision Making Under Uncertainty unifies research from different communities using consistent notation, and is accessible to students and researchers across engineering disciplines who have some prior exposure to probability theory and calculus. It can be used as a text for advanced undergraduate and graduate students in fields including computer science, aerospace and electrical engineering, and management science. It will also be a valuable professional reference for researchers in a variety of disciplines.
Author | : Katsuhiro Honda |
Publisher | : Springer Nature |
Total Pages | : 389 |
Release | : 2022-03-03 |
Genre | : Computers |
ISBN | : 3030980189 |
This book constitutes the refereed proceedings of the 98th International Symposium on Integrated Uncertainty in Knowledge Modelling and Decision Making, IUKM 2021, held in Ishikawa, Japan, in March 2022. The 30 full papers presented were carefully reviewed and selected from 46 submissions. The papers deal with all aspects of uncertainty modelling and management and are organized in topical sections on uncertainty management and decision making, optimization and statistical methods, pattern classification and data analysis, machine learning, and economic applications.
Author | : |
Publisher | : |
Total Pages | : 548 |
Release | : 2000-09 |
Genre | : Industrial management |
ISBN | : |
Issues for Feb. 1965-Aug. 1967 include Bulletin of the Institute of Management Sciences.
Author | : Joel S. Demski |
Publisher | : Wiley-Blackwell |
Total Pages | : 298 |
Release | : 1976 |
Genre | : Business & Economics |
ISBN | : |
Author | : Library of Congress. Copyright Office |
Publisher | : Copyright Office, Library of Congress |
Total Pages | : 1602 |
Release | : 1972 |
Genre | : Copyright |
ISBN | : |