Naive Decision Making

Naive Decision Making PDF Author: T. W. Körner
Publisher: Cambridge University Press
ISBN: 1139473565
Category : Mathematics
Languages : en
Pages : 375

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Book Description
How should one choose the best restaurant to eat in? Can one really make money at gambling? Or predict the future? Naive Decision Making presents the mathematical basis for making decisions where the outcome may be uncertain or the interests of others have to taken into consideration. Professor Körner takes the reader on an enjoyable journey through many aspects of mathematical decision making, with pithy observations, anecdotes and quotations. Topics include probability, statistics, Arrow's theorem, Game Theory and Nash equilibrium. Readers will also gain a great deal of insight into mathematics in general and the role it can play within society. Intended for those with elementary calculus, this book is ideal as a supplementary text for undergraduate courses in probability, game theory and decision making. Engaging and intriguing, it will also appeal to all those of a mathematical mind. To aid understanding, many exercises are included, with solutions available online.

Naive Decision Making

Naive Decision Making PDF Author: T. W. Körner
Publisher: Cambridge University Press
ISBN: 1139473565
Category : Mathematics
Languages : en
Pages : 375

Get Book

Book Description
How should one choose the best restaurant to eat in? Can one really make money at gambling? Or predict the future? Naive Decision Making presents the mathematical basis for making decisions where the outcome may be uncertain or the interests of others have to taken into consideration. Professor Körner takes the reader on an enjoyable journey through many aspects of mathematical decision making, with pithy observations, anecdotes and quotations. Topics include probability, statistics, Arrow's theorem, Game Theory and Nash equilibrium. Readers will also gain a great deal of insight into mathematics in general and the role it can play within society. Intended for those with elementary calculus, this book is ideal as a supplementary text for undergraduate courses in probability, game theory and decision making. Engaging and intriguing, it will also appeal to all those of a mathematical mind. To aid understanding, many exercises are included, with solutions available online.

Mathematics of Decision Making

Mathematics of Decision Making PDF Author:
Publisher: Springer
ISBN: 9780387261171
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
In 2005, GERAD celebrates its 25th anniversary with these ten volumes covering most of the Center's research areas of expertise: Essays and Surveys in Global Optimization, edited by C. Audet, P. Hansen and G. Savard; Graph Theory and Combinatorial Optimization, edited by D. Avis, A. Hertz and O. Marcotte; Numerical Methods in Finance, edited by H. Ben-Ameur and M. Breton; Analysis, Control and Optimization of Complex Dynamic Systems, edited by E.K. Boukas and R. Malhamé; Column Generation, edited by G. Desaulniers, J. Desrosiers and M.M. Solomon; Statistical Modeling and Analysis for Complex Data Problems, edited by P. Duchesne and B. Rémillard; Performance Evaluation and Planning Methods for the Next Generation Internet, edited by A. Girard, B. Sansò, and F. Vásquez-Abad; Dynamic Games: Theory and Applications, edited by A. Haurie and G. Zaccour; Logistics Systems: Design and Optimization, edited by A. Langevin and D. Riopel; Energy and Environment, edited by R. Loulou, J.-P. Waaub and G. Zaccour.

Mathematical Programming and Game Theory for Decision Making

Mathematical Programming and Game Theory for Decision Making PDF Author: S. K. Neogy
Publisher: World Scientific
ISBN: 9812813225
Category : Mathematics
Languages : en
Pages : 498

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Book Description
This edited book presents recent developments and state-of-the-art review in various areas of mathematical programming and game theory. It is a peer-reviewed research monograph under the ISI Platinum Jubilee Series on Statistical Science and Interdisciplinary Research. This volume provides a panoramic view of theory and the applications of the methods of mathematical programming to problems in statistics, finance, games and electrical networks. It also provides an important as well as timely overview of research trends and focuses on the exciting areas like support vector machines, bilevel programming, interior point method for convex quadratic programming, cooperative games, non-cooperative games and stochastic games. Researchers, professionals and advanced graduates will find the book an essential resource for current work in mathematical programming, game theory and their applications. Sample Chapter(s). Foreword (45 KB). Chapter 1: Mathematical Programming and its Applications in Finance (177 KB). Contents: Mathematical Programming and Its Applications in Finance (L C Thomas); Anti-Stalling Pivot Rule for Linear Programs with Totally Unimodular Coefficient Matrix (S N Kabadi & A P Punnen); A New Practically Efficient Interior Point Method for Convex Quadratic Programming (K G Murty); A General Framework for the Analysis of Sets of Constraints (R Caron & T Traynor), Tolerance-Based Algorithms for the Traveling Salesman Problem (D Ghosh et al.); On the Membership Problem of the Pedigree Polytope (T S Arthanari); Exact Algorithms for a One-Defective Vertex Colouring Problem (N Achuthan et al.); Complementarity Problem Involving a Vertical Block Matrix and Its Solution Using Neural Network Model (S K Neogy et al.); Fuzzy Twin Support Vector Machines for Pattern Classification (R Khemchandani et al.); An Overview of the Minimum Sum of Absolute Errors Regression (S C Narula & J F Wellington); Hedging Against the Market with No Short Selling (S A Clark & C Srinivasan); Mathematical Programming and Electrical Network Analysis II: Computational Linear Algebra Through Network Analysis (H Narayanan); Dynamic Optimal Control Policy in Price and Quality for High Technology Product (A K Bardhan & U Chanda); Forecasting for Supply Chain and Portfolio Management (K G Murty); Variational Analysis in Bilevel Programming (S Dempe et al.); Game Engineering (R J Aumann); Games of Connectivity (P Dubey & R Garg); A Robust Feedback Nash Equilibrium in a Climate Change Policy Game (M Hennlock); De Facto Delegation and Proposer Rules (H Imai & K Yonezaki); The Bargaining Set in Effectivity Function (D Razafimahatolotra); Dynamic Oligopoly as a Mixed Large Game OCo Toy Market (A Wiszniewska-Matyszkiel); On Some Classes of Balanced Games (R B Bapat); Market Equilibrium for Combinatorial Auctions and the Matching Core of Nonnegative TU Games (S Lahiri); Continuity, Manifolds, and Arrow''s Social Choice Problem (K Saukkonen); On a Mixture Class of Stochastic Games with Ordered Field Property (S K Neogy). Readership: Researchers, professionals and advanced students in mathematical programming, game theory, management sciences and computational mathematics.

Decision Making for Finite Math

Decision Making for Finite Math PDF Author: Dale Buske
Publisher: Prentice Hall
ISBN: 9780130428837
Category : Decision making
Languages : en
Pages : 0

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Book Description


Optimization for Decision Making

Optimization for Decision Making PDF Author: Katta G. Murty
Publisher: Springer Science & Business Media
ISBN: 1441912916
Category : Mathematics
Languages : en
Pages : 502

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Book Description
Linear programming (LP), modeling, and optimization are very much the fundamentals of OR, and no academic program is complete without them. No matter how highly developed one’s LP skills are, however, if a fine appreciation for modeling isn’t developed to make the best use of those skills, then the truly ‘best solutions’ are often not realized, and efforts go wasted. Katta Murty studied LP with George Dantzig, the father of linear programming, and has written the graduate-level solution to that problem. While maintaining the rigorous LP instruction required, Murty's new book is unique in his focus on developing modeling skills to support valid decision making for complex real world problems. He describes the approach as 'intelligent modeling and decision making' to emphasize the importance of employing the best expression of actual problems and then applying the most computationally effective and efficient solution technique for that model.

Decision and Discrete Mathematics

Decision and Discrete Mathematics PDF Author: Spode Group
Publisher:
ISBN:
Category : Decision making
Languages : en
Pages : 464

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Book Description


Mathematical Models for Decision Making with Multiple Perspectives

Mathematical Models for Decision Making with Multiple Perspectives PDF Author: Maria Isabel Gomes
Publisher: CRC Press
ISBN: 1000647579
Category : Mathematics
Languages : en
Pages : 300

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Book Description
This book brings together, in a single volume, the fields of multicriteria decision making and multiobjective optimization that are traditionally covered separately. Both fields have in common the presence of multiple perspectives of looking at and evaluating decisions to be taken but they differ in the number of available alternatives. Multicriteria approaches deal with decision processes where a finite number of alternatives have to be evaluated while, in multiobjective optimization, this number is infinite and the space of alternatives continuous. This book is written for students of applied mathematics, engineering, and economics and management, with no assumed previous knowledge on the subject, as well as for practitioners in industry looking for techniques to support decision making. The mathematical formalism is very low, so that all materials are accessible to most readers. Nonetheless, a rich bibliography allows interested readers to access more technical literature. The textbook is organized in eleven chapters, each corresponding to a class of about two hours. A comprehensive set of examples is presented, allowing for a didactic approach when presenting the methodologies. Each chapter ends with exercises that are designed to develop problem-solving skills and to promote concepts retention.

Mathematics for Managerial Decisions

Mathematics for Managerial Decisions PDF Author: Robert L. Childress
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 682

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Book Description
Violence prevention begins with straight talk. Studies have repeatedly shown connections between chemical dependence & every form of violent behavior, from domestic abuse to murder. Features the frank testimonials of 19 teens with significant chemical dependency issues who range in age from 13 to 22.

Naive Decision Making

Naive Decision Making PDF Author: T. W. Ko ̈rner
Publisher:
ISBN: 9780511438417
Category : Decision making
Languages : en
Pages : 391

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Book Description
Takes readers on an enjoyable journey through many aspects of mathematical decision making; the only prerequisite is elementary calculus.

Mathematical Principles of Decision Making (Principia Mathematica Decernendi)

Mathematical Principles of Decision Making (Principia Mathematica Decernendi) PDF Author: Thomas L. Saaty
Publisher: RWS Publications
ISBN: 1888603143
Category :
Languages : en
Pages : 593

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Book Description
In this book Thomas Saaty summarizes his Analytic Hierarchy Process (AHP) theory for measuring intangible factors through paired comparisons using judgments from which priorities are derived that give the relative dominance of these factors. The important concepts of the AHP and its generalization to structures with dependence and feedback, the Analytic Network Process (ANP), are presented in an elegant compact way and new extensions of the theory to complex decisions involving benefits, opportunities, costs and risks are presented. Applications to resource allocation and conflict resolution are included. The generalization to continuous comparisons is covered. The Encyclicon, three volumes are now available, is an encyclopedia of applications that is a useful accompaniment to the Principles of Mathematical Decision Making, containing of examples of practical decisions.