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Decision-making Under Uncertainty by Tapan Biswas Pdf
This book systematically develops essential concepts in the economics of uncertainty and game theory. It also presents new ideas for further research. The first part deals with the economics of uncertainty, including a discussion of expected utility theory and non-expected utility theories, insurance market, portfolio analysis, principal-agent theory, as well as ethical issues presented in the context of choice under uncertainty. The second part develops an understanding of game theory as a tool for analysing the interactive decision-making process.
Playing against Nature by Seth Stein,Jerome Stein Pdf
Defending society against natural hazards is a high-stakes game of chance against nature, involving tough decisions. How should a developing nation allocate its budget between building schools for towns without ones or making existing schools earthquake-resistant? Does it make more sense to build levees to protect against floods, or to prevent development in the areas at risk? Would more lives be saved by making hospitals earthquake-resistant, or using the funds for patient care? What should scientists tell the public when – as occurred in L’Aquila, Italy and Mammoth Lakes, California – there is a real but small risk of an upcoming earthquake or volcanic eruption? Recent hurricanes, earthquakes, and tsunamis show that society often handles such choices poorly. Sometimes nature surprises us, when an earthquake, hurricane, or flood is bigger or has greater effects than expected from detailed hazard assessments. In other cases, nature outsmarts us, doing great damage despite expensive mitigation measures or causing us to divert limited resources to mitigate hazards that are overestimated. Much of the problem comes from the fact that formulating effective natural hazard policy involves combining science, economics, and risk analysis to analyze a problem and explore the costs and benefits of different options, in situations where the future is very uncertain. Because mitigation policies are typically chosen without such analysis, the results are often disappointing. This book uses general principles and case studies to explore how we can do better by taking an integrated view of natural hazards issues, rather than treating the relevant geoscience, engineering, economics, and policy formulation separately. Thought-provoking questions at the end of each chapter invite readers to confront the complex issues involved. Readership: Instructors, researchers, practitioners, and students interested in geoscience, engineering, economics, or policy issues relevant to natural hazards. Suitable for upper-level undergraduate or graduate courses. Additional resources can be found at: http://www.wiley.com/go/Stein/Playingagainstnature
Diaglogue Against Nature: Quantum Gravity Game Theory by Omar Sedraoui Pdf
The aim of this book is to teach new skills on how to construct using imagination as a useful tool to express thoughts directly related to space. It is the idea of making solid shapes that we have not heard of before that can be altered and used to get something else new. In this book you will learn how geometry can be utilized as a process of live action by hand, to resolve any problems that deal with engineering or material construction of things needed on demand. The idea is to save time, money, and space by constructing objects that are in high demand in an efficient manner through models. This book explains a process to explore symmetry in all of its aspects of application.
Against Nature examines the history of the concept of nature in the tradition of Critical Theory, with chapters on Lukacs, Horkheimer and Adorno, Marcuse, and Habermas. It argues that the tradition has been marked by significant difficulties with respect to that concept; that these problems are relevant to contemporary environmental philosophy as well; and that a solution to them requires taking seriously--and literally--the idea of nature as socially constructed.
Die Spieltheorie betrachtet Entscheidungen als "Schachzüge" in einem Spiel, dessen Ausgang von den Entscheidungen aller Spieler bestimmt wird. Diese Theorie wird hier erstmals auf Investmentgeschäfte am Finanzmarkt angewendet. Nach der Definition der "Spielregeln" und der "Spieler" wird, basierend auf Formeln der Wahrscheinlichkeitsrechnung, ein Spielmodell entwickelt, das die Rentabilität von beliebigen Finanzaktionen wie Aktienkauf und -verkauf vorhersagt.
Robert Harms explores nature and culture in the story of the Nunu, who live in and around the swampy floodplains of the Zaire River. Increasing population impinged upon the limits of available resources in the late eighteenth century, eventually resulting in civil war in the 1960s.
The companion volume to Espedal's Against Art, written in his characteristic poetic prose. In contemporary Norwegian fiction Tomas Espedal's work stands out as uniquely personal; it can be difficult to separate the fiction from Espedal's own experiences. Against Nature, a companion volume to Espedal's earlier Against Art, is an examination of factory work, love's labor, and the work of writing. Espedal dwells on the notion that working is required in order to live in compliance with society, but is this natural? And how can it be natural when he is drawn toward impossible things--impossible love, books, myths, and taboos? He is drawn into the stories of Abélard and Héloïse, of young Marguerite Duras and her Chinese lover, and soon realizes that he, too, is turning into a person who must choose to live against nature. "A masterpiece of literary understatement. Everybody who has recently been thirsting for a new, unexhausted realism, like water in the desert, will love this book."--Die Zeit, on the Norwegian edition
A classic account of the quest for enlarged experience and new sensations, this 1884 novel scandalized Victorian critics with its break from naturalism and embrace of fin-de-siècle decadence.
"This Study of the Early American conservation movement reveals the hidden history of three of the nation's first parks: the Adirondacks, Yellowstone, and the Grand Canyon. Karl Jacoby traces the effects that the criminalization of such traditional rural practices as hunting, fishing, and foraging had on country people in these areas. Despite the presence of new environmental regulations, poaching arson, and timber stealing became widespread among the Native Americans, poor whites, and others who had long relied on the natural resources now contained within conservation areas. Jacoby reassesses the nature of these "crimes," providing a rich and multifaceted portrayal of rural people and their relationship with the natural world in the late nineteenth and early twentieth centuries." "Crimes against Nature includes previously unpublished historical photographs depicting such subjects as poachers in Yellowstone and a Native American "squatters' camp" at the Grand Canyon. This study demonstrates the importance of considering class for understanding environmental history and opens a new perspective on the social history of rural and poor people a century age."--Jacket of 2001 edition
The Nature and Growth of Modern Mathematics by Edna Ernestine Kramer Pdf
Now available in a one-volume paperback, this book traces the development of the most important mathematical concepts, giving special attention to the lives and thoughts of such mathematical innovators as Pythagoras, Newton, Poincare, and Godel. Beginning with a Sumerian short story--ultimately linked to modern digital computers--the author clearly introduces concepts of binary operations; point-set topology; the nature of post-relativity geometries; optimization and decision processes; ergodic theorems; epsilon-delta arithmetization; integral equations; the beautiful "ideals" of Dedekind and Emmy Noether; and the importance of "purifying" mathematics. Organizing her material in a conceptual rather than a chronological manner, she integrates the traditional with the modern, enlivening her discussions with historical and biographical detail.
Decision Analysis, Location Models, and Scheduling Problems by H. A. Eiselt,Carl-Louis Sandblom Pdf
The purpose of this book is to provide readers with an introduction to the fields of decision making, location analysis, and project and machine scheduling. The combination of these topics is not an accident: decision analysis can be used to investigate decision seenarios in general, location analysis is one of the prime examples of decision making on the strategic Ievel, project scheduling is typically concemed with decision making on the tactical Ievel, and machine scheduling deals with decision making on the operational Ievel. Some of the chapters were originally contributed by different authors, and we have made every attempt to unify the notation, style, and, most importantly, the Ievel of the exposition. Similar to our book on Integer Programming and Network Models (Eiselt and Sandblom, 2000), the emphasis of this volume is on models rather than solution methods. This is particularly important in a book that purports to promote the science of decision making. As such, advanced undergraduate and graduate students, as weil as practitioners, will find this volume beneficial. While different authors prefer different degrees of mathematical sophistication, we have made every possible attempt to unify the approaches, provide clear explanations, and make this volume accessible to as many readers as possible.
Games and Decisions by R. Duncan Luce,Howard Raiffa Pdf
"The best book available for non-mathematicians." — Contemporary Psychology. Superb nontechnical introduction to game theory and related disciplines, primarily as applied to the social sciences. Clear, comprehensive coverage of utility theory, 2-person zero-sum games, 2-person non-zero-sum games, n-person games, individual and group decision-making, much more. Appendixes. Bibliography. Graphs and figures.