Coping with Uncertainty: Robust Solutions 2010 Edition Contributor(s): Marti, Kurt (Editor), Ermoliev, Yuri (Editor), Makowski, Marek (Editor) |
|
![]() |
ISBN: 3642037348 ISBN-13: 9783642037344 Publisher: Springer OUR PRICE: $104.49 Product Type: Paperback - Other Formats Published: December 2009 |
Additional Information |
BISAC Categories: - Business & Economics | Operations Research - Mathematics | Linear & Nonlinear Programming - Technology & Engineering | Engineering (general) |
Dewey: 338.5 |
LCCN: 2009934495 |
Series: Lecture Notes in Economic and Mathematical Systems |
Physical Information: 0.62" H x 6.14" W x 9.21" (0.92 lbs) 277 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Support for addressing the on-going global changes needs solutions for new scientific problems which in turn require new concepts and tools. A key issue concerns a vast variety of irreducible uncertainties, including extreme events of high multidimensional consequences, e.g., the climate change. The dilemma is concerned with enormous costs versus massive uncertainties of extreme impacts. Traditional scientific approaches rely on real observations and experiments. Yet no sufficient observations exist for new problems, and "pure" experiments, and learning by doing may be expensive, dangerous, or impossible. In addition, the available historical observations are often contaminated by past actions, and policies. Thus, tools are presented for the explicit treatment of uncertainties using "synthetic" information composed of available "hard" data from historical observations, the results of possible experiments, and scientific facts, as well as "soft" data from experts' opinions, and scenarios. |