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By Louis Anthony Cox

Discover fresh strong advances within the conception, equipment, and purposes of choice and hazard analysis

Focusing on sleek advances and concepts within the box of selection research (DA), Breakthroughs in determination technology and probability Analysis offers theories and strategies for making, enhancing, and studying from major useful judgements. The e-book explains those new equipment and demanding purposes in an available and stimulating kind for readers from a number of backgrounds, together with psychology, economics, records, engineering, threat research, operations examine, and administration science.

Highlighting themes now not conventionally present in DA textbooks, the e-book illustrates actual advances in functional choice technology, together with advancements and developments that go away from, or holiday with, the normal axiomatic DA paradigm in basic and precious methods. The ebook good points tools for dealing with reasonable decision-making demanding situations similar to on-line adaptive studying algorithms, concepts in powerful decision-making, and using quite a few types to provide an explanation for to be had information and suggest activities. additionally, the booklet illustrates how those concepts should be utilized to dramatically enhance hazard administration judgements. Breakthroughs in determination technology and chance Analysis additionally includes:

  • An emphasis on new ways instead of in basic terms classical and standard ideas
  • Discussions of the way selection and threat research might be utilized to enhance high-stakes coverage and administration decisions
  • Coverage of the aptitude price and realism of determination technological know-how inside of purposes in monetary, overall healthiness, defense, environmental, enterprise, engineering, and defense possibility management
  • Innovative tools for finding out what activities to take whilst choice difficulties aren't thoroughly recognized or defined or while precious chances can't be specified
  • Recent breakthroughs within the psychology and mind technology of dicy judgements, mathematical foundations and strategies, and integration with studying and development acceptance equipment from computational intelligence

Breakthroughs in selection technology and probability Analysis is a perfect reference for researchers, specialists, and practitioners within the fields of determination technology, operations study, enterprise, administration technological know-how, engineering, records, and arithmetic. The publication is additionally a suitable consultant for managers, analysts, and determination and coverage makers within the parts of finance, overall healthiness and protection, setting, enterprise, engineering, and defense threat management.

 

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Breakthroughs in Decision Science and Risk Analysis (Wiley Essentials in Operations Research and Management Science) by Louis Anthony Cox


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