Overview

This book describes new techniques for making decisions in situations with uncertainty and new applications of decision-making techniques. The main emphasis is on situations when it is difficult to decrease uncertainty. For example, it is very difficult to accurately predict human economic behavior, so in economics, it is very important to take this uncertainty into account when making decisions. Other areas where it is difficult to decrease uncertainty are geosciences and teaching. The book analyzes the general problem of decision making and shows how its results can be applied to economics, geosciences, and teaching. Since all these applications involve computing, the book also shows how these results can be applied to computing, including deep learning and quantum computing. The book is recommended to researchers, practitioners, and students who want to learn more about decision making under uncertainty—and who want to work on remaining challenges.

Full Product Details

Author:   Laxman Bokati ,  Vladik Kreinovich
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   2023 ed.
Volume:   218
ISBN:  

9783031260889

ISBN 10:   3031260880
Pages:   210
Publication Date:   23 March 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Introduction.- (Rational) Individual Decision Making: Main Ideas.- (Rational) Group Decision Making: General Formulas and a New Simplified Derivation of These Formulas.- How We Can Control Group Decision Making By Modifying the Proposed Options.- The Fact That We Can Only Have Approximate Estimates Explains Why Buying and Selling Prices Are Different.- The “No Trade Theorem” Paradox.- People Make Decisions Based on Clusters Containing Actual Values.- When Revolutions Succeed.- How People Combine Utility Values.- Biased Perception of Time.- Few-Parametric Spatial Models and How They Explain Bhutan Landscape Anomaly.- Dynamic Triggering of Earthquakes.- Applications to Computing: Representing Functions in Quantum.- and Reversible Computing.

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