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Practical Bilevel Optimization: Algorithms and Applications
Contributor(s): Bard, Jonathan F. (Author)
ISBN: 1441948074     ISBN-13: 9781441948076
Publisher: Springer
OUR PRICE:   $313.49  
Product Type: Paperback - Other Formats
Published: December 2010
Qty:
Additional Information
BISAC Categories:
- Mathematics | Linear & Nonlinear Programming
- Computers | Programming - General
- Business & Economics | Operations Research
Dewey: 519.7
Series: Nonconvex Optimization and Its Applications
Physical Information: 0.99" H x 6.14" W x 9.21" (1.50 lbs) 476 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
The use of optimization techniques has become integral to the design and analysis of most industrial and socio-economic systems. Great strides have been made recently in the solution of large-scale problems arising in such areas as production planning, airline scheduling, government regulation, and engineering design, to name a few. Analysts have found, however, that standard mathematical programming models are often inadequate in these situations because more than a single objective function and a single decision maker are involved. Multiple objective programming deals with the extension of optimization techniques to account for several objective functions, while game theory deals with the inter-personal dynamics surrounding conflict. Bilevel programming, the focus of this book, is in a narrow sense the combination of the two. It addresses the problern in which two decision makers, each with their individual objectives, act and react in a noncooperative, sequential manner. The actions of one affect the choices and payoffs available to the other but neither player can completely dominate the other in the traditional sense.