{"product_id":"info-gap-decision-theory-decisions-under-severe-uncertainty-hardback-9780123735522","title":"Info-Gap Decision Theory; Decisions Under Severe Uncertainty (Hardback) 9780123735522","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eInfo-Gap Decision Theory\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eDecisions Under Severe Uncertainty\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eHelps decision analysts develop and use a systematic, quantitative approach to model-based decision theory\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eYakov Ben-Haim (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780123735522, Elsevier Science\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 7 August 2006\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e384 pages\u003cbr\u003e24 x 16.5 x 2.6 cm, 0.82 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eEveryone makes decisions, but not everyone is a decision analyst. A decision analyst uses quantitative models and computational methods to formulate decision algorithms, assess decision performance, identify and evaluate options, determine trade-offs and risks, evaluate strategies for investigation, and so on. \u003ci\u003eInfo-Gap Decision Theory \u003c\/i\u003eis written for decision analysts.\u003c\/p\u003e  \u003cp\u003eThe term \"decision analyst\" covers an extremely broad range of practitioners. Virtually all engineers involved in design (of buildings, machines, processes, etc.) or analysis (of safety, reliability, feasibility, etc.) are decision analysts, usually without calling themselves by this name. In addition to engineers, decision analysts work in planning offices for public agencies, in project management consultancies, they are engaged in manufacturing process planning and control, in financial planning and economic analysis, in decision support for medical or technological diagnosis, and so on and on. Decision analysts provide quantitative support for the decision-making process in all areas where systematic decisions are made.\u003c\/p\u003e  \u003cp\u003eThis second edition entails changes of several sorts. First, info-gap theory has found application in several new areas - especially biological conservation, economic policy formulation, preparedness against terrorism, and medical decision-making. Pertinent new examples have been included. Second, the combination of info-gap analysis with probabilistic decision algorithms has found wide application. Consequently \"hybrid\" models of uncertainty, which were treated exclusively in a separate chapter in the previous edition, now appear throughout the book as well as in a separate chapter. Finally, info-gap explanations of robust-satisficing behavior, and especially the Ellsberg and Allais \"paradoxes\", are discussed in a new chapter together with a theorem indicating when robust-satisficing will have greater probability of success than direct optimizing with uncertain models.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Overview \u003cbr\u003e2. Uncertainty \u003cbr\u003e3. Robustness and Opportuneness \u003cbr\u003e4. Value Judgments \u003cbr\u003e5. Antagonistic and Sympathetic Immunities \u003cbr\u003e6. Gambling and Risk Sensitivity \u003cbr\u003e7. Value of Information \u003cbr\u003e8. Learning \u003cbr\u003e9. Coherent Uncertainties and Consensus \u003cbr\u003e10. Hybrid Uncertainties \u003cbr\u003e11. Robust-Satisficing Behavior \u003cbr\u003e12. Retrospective Essay: Risk Assessment in Project Management \u003cbr\u003e13. Implications of Info-Gap Uncertainty\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Information architecture [\u003ca title=\"See our other books on Information architecture\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Information%20architecture%20%5BUYZM%5D%22\"\u003eUYZM\u003c\/a\u003e], Production \u0026amp; quality control management [\u003ca title=\"See our other books on Production \u0026amp; quality control management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Production%20\u0026amp;%20quality%20control%20management%20%5BKJMV5%5D%22\"\u003eKJMV5\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Academic Press","offers":[{"title":"Default Title","offer_id":46648829378840,"sku":"9780123735522","price":117.79,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780123735522_3ef37e32-1dce-4f97-8b16-cf02d35846a1.jpg?v=1695013800","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/info-gap-decision-theory-decisions-under-severe-uncertainty-hardback-9780123735522","provider":"Freshly Printed Books","version":"1.0","type":"link"}