Download or read book Decision Making in Service Industries written by Javier Faulin and published by CRC Press. This book was released on 2012-08-08 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: In real-life scenarios, service management involves complex decision-making processes usually affected by random or stochastic variables. Under such uncertain conditions, the development and use of robust and flexible strategies, algorithms, and methods can provide the quantitative information necessary to make better business decisions. Decision M

Download or read book ACRN Proceedings in Finance and Risk Series 13 written by Dr. Othmar M. Lehner and published by ACRN Publishing House. This book was released on 2014-03-06 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proceedings of the 14th FRAP Finance, Risk and Accounting Perspectives conference taking place in Cambridge UK.

Download or read book Monetary Policy under Uncertainty written by Oliver Sauter and published by Springer Science & Business Media. This book was released on 2014-01-31 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oliver Sauter analyzes three aspects of monetary policy under uncertainty. First he shows that the terms risk and uncertainty are often wrongly used as synonyms despite their different meanings. The second aspect is the proper examination and incorporation of uncertainty into a monetary policy framework. The author undertakes systematization with a closer look at each identified form of uncertainty. Thirdly, he focuses on the quantification of uncertainty from two different perspectives, either from a market perspective or from a central bank perspective.

Download or read book Handbook of Research Methods in Behavioural Economics written by Morris Altman and published by Edward Elgar Publishing. This book was released on 2023-03-02 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive Handbook addresses a wide variety of methodological approaches adopted and developed by behavioural economists, exploring the implications of such innovations for analysis and policy.

Download or read book Post Keynesian Views of the Crisis and its Remedies written by Óscar Dejuán and published by Routledge. This book was released on 2013-08-21 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions. The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones. This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.

Download or read book Sustainable Solid Waste Management written by Ni-Bin Chang and published by John Wiley & Sons. This book was released on 2015-02-18 with total page 936 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the application of system analysis techniques with case studies to help readers learn how the techniques can be applied, how the problems are solved, and which sustainable management strategies can be reached.

Download or read book Modeling and Managing Interdependent Complex Systems of Systems written by Yacov Y. Haimes and published by John Wiley & Sons. This book was released on 2018-10-02 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to the theory, methodology, and development for modeling systems of systems Modeling and Managing Interdependent Complex Systems of Systems examines the complexity of, and the risk to, emergent interconnected and interdependent complex systems of systems in the natural and the constructed environment, and in its critical infrastructures. For systems modelers, this book focuses on what constitutes complexity and how to understand, model and manage it.Previous modeling methods for complex systems of systems were aimed at developing theory and methodologies for uncoupling the interdependencies and interconnections that characterize them. In this book, the author extends the above by utilizing public- and private- sector case studies; identifies, explores, and exploits the core of interdependencies; and seeks to understand their essence via the states of the system, and their dominant contributions to the complexity of systems of systems. The book proposes a reevaluation of fundamental and practical systems engineering and risk analysis concepts on complex systems of systems developed over the past 40 years. This important resource: Updates and streamlines systems engineering theory, methodology, and practice as applied to complex systems of systems Introduces modeling methodology inspired by philosophical and conceptual thinking from the arts and sciences Models the complexity of emergent interdependent and interconnected complex systems of systems by analyzing their shared states, decisions, resources, and decisionmakers Written for systems engineers, industrial engineers, managers, planners, academics and other professionals in engineering systems and the environment,this text is the resource for understanding the fundamental principles of modeling and managing complex systems of systems, and the risk thereto.

Download or read book Probabilistic Machine Learning for Finance and Investing written by Deepak K. Kanungo and published by "O'Reilly Media, Inc.". This book was released on 2023-08-14 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether based on academic theories or discovered empirically by humans and machines, all financial models are at the mercy of modeling errors that can be mitigated but not eliminated. Probabilistic ML technologies are based on a simple and intuitive definition of probability and the rigorous calculus of probability theory. Unlike conventional AI systems, probabilistic machine learning (ML) systems treat errors and uncertainties as features, not bugs. They quantify uncertainty generated from inexact model inputs and outputs as probability distributions, not point estimates. Most importantly, these systems are capable of forewarning us when their inferences and predictions are no longer useful in the current market environment. These ML systems provide realistic support for financial decision-making and risk management in the face of uncertainty and incomplete information. Probabilistic ML is the next generation ML framework and technology for AI-powered financial and investing systems for many reasons. They are generative ensembles that learn continually from small and noisy financial datasets while seamlessly enabling probabilistic inference, prediction and counterfactual reasoning. By moving away from flawed statistical methodologies (and a restrictive conventional view of probability as a limiting frequency), you can embrace an intuitive view of probability as logic within an axiomatic statistical framework that comprehensively and successfully quantifies uncertainty. This book shows you why and how to make that transition.

Download or read book Return Migration and Crises in Non Western Countries written by Jungwon Yeo and published by Springer Nature. This book was released on with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Safety and Reliability of Complex Engineered Systems written by Luca Podofillini and published by CRC Press. This book was released on 2015-09-03 with total page 730 pages. Available in PDF, EPUB and Kindle. Book excerpt: Safety and Reliability of Complex Engineered Systems contains the Proceedings of the 25th European Safety and Reliability Conference, ESREL 2015, held 7-10 September 2015 in Zurich, Switzerland. It includes about 570 papers accepted for presentation at the conference. These contributions focus on theories and methods in the area of risk, safety and

Download or read book Risk Financial Markets You written by Alan A. Fustey and published by Alan Fustey. This book was released on 2011-08-29 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Buy low, sell high" is likely the most widely quoted financial market truth of all time. It makes so much sense, yet it is one of the most difficult tasks to repeat successfully when investing. Risk, Financial Markets & You offers a unique examination of the hurdles investors must overcome to make successful investment decisions. Alan Fustey, a 25-year financial industry veteran, provides insightful revelations that challenge investing convention and divulge the hidden decision making weaknesses present in every investor. He examines: - How our engrained mental biases make us prone to producing unconscious errors. - Why we struggle to understand probability and overestimate the likelihood of favourable investment results. - If we truly understand the real risk that is present in financial markets. - How the financial advice industry uses our decision making weaknesses to their advantage when they present information, make recommendations and charge for their services. - Why we perceive financial markets as being more predictable than they actually are and subsequently suffer as investors. Risk, Financial Markets & You is thoroughly researched and insightfully written. Fustey draws lessons and offers practical solutions that will benefit even the most experienced investors. He combines anecdotes of investing mistakes to create an entertaining account of how investors can triumph over themselves and the financial advice industry to create investment success.

Download or read book Handbook of Critical Incident Analysis written by Richard W Schwester and published by Routledge. This book was released on 2014-12-18 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical incidents all too often explode onto the social conscious and challenge our sense of security. This comprehensive handbook brings together a range of experts who provide a foundation for the field of critical incident analysis by examining specific incidents9/11, the Virginia Tech massacre, the H1N1 pandemic, the BP oil spill, and more--through various methodological and disciplinary lenses. This groundbreaking book develops a new organizational theory derived from ideas in statistics and psychometrics. The author's core premise is that errors known to occur in social science research must also occur when managers look at their data and seek to make inferences about cause and effect. Statistico-organizational theory uses methodological principles to predict when errors occur and how great they will be. Expanding on this concept, The Meta-Analytic Organization offers new theoretical propositions about organizational strategy and structure with wide application to human resource management, international business, and more.

Download or read book Behavioral Predictive Modeling in Economics written by Songsak Sriboonchitta and published by Springer Nature. This book was released on 2020-08-05 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents both methodological papers on and examples of applying behavioral predictive models to specific economic problems, with a focus on how to take into account people's behavior when making economic predictions. This is an important issue, since traditional economic models assumed that people make wise economic decisions based on a detailed rational analysis of all the relevant aspects. However, in reality – as Nobel Prize-winning research has shown – people have a limited ability to process information and, as a result, their decisions are not always optimal. Discussing the need for prediction-oriented statistical techniques, since many statistical methods currently used in economics focus more on model fitting and do not always lead to good predictions, the book is a valuable resource for researchers and students interested in the latest results and challenges and for practitioners wanting to learn how to use state-of-the-art techniques.

Download or read book EG ICE 2021 Workshop on Intelligent Computing in Engineering written by Abualdenien, Jimmy and published by Universitätsverlag der TU Berlin. This book was released on 2021-08-06 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 28th EG-ICE International Workshop 2021 brings together international experts working at the interface between advanced computing and modern engineering challenges. Many engineering tasks require open-world resolutions to support multi-actor collaboration, coping with approximate models, providing effective engineer-computer interaction, search in multi-dimensional solution spaces, accommodating uncertainty, including specialist domain knowledge, performing sensor-data interpretation and dealing with incomplete knowledge. While results from computer science provide much initial support for resolution, adaptation is unavoidable and most importantly, feedback from addressing engineering challenges drives fundamental computer-science research. Competence and knowledge transfer goes both ways. Der 28. Internationale EG-ICE Workshop 2021 bringt internationale Experten zusammen, die an der Schnittstelle zwischen fortgeschrittener Datenverarbeitung und modernen technischen Herausforderungen arbeiten. Viele ingenieurwissenschaftliche Aufgaben erfordern Open-World-Resolutionen, um die Zusammenarbeit mehrerer Akteure zu unterstützen, mit approximativen Modellen umzugehen, eine effektive Interaktion zwischen Ingenieur und Computer zu ermöglichen, in mehrdimensionalen Lösungsräumen zu suchen, Unsicherheiten zu berücksichtigen, einschließlich fachspezifischen Domänenwissens, Sensordateninterpretation durchzuführen und mit unvollständigem Wissen umzugehen. Während die Ergebnisse aus der Informatik anfänglich viel Unterstützung für die Lösung bieten, ist eine Anpassung unvermeidlich, und am wichtigsten ist, dass das Feedback aus der Bewältigung technischer Herausforderungen die computer-wissenschaftliche Grundlagenforschung vorantreibt. Kompetenz und Wissenstransfer gehen in beide Richtungen.

Download or read book Handbook of Mathematical Geosciences written by B.S. Daya Sagar and published by Springer. This book was released on 2018-06-25 with total page 911 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Open Access handbook published at the IAMG's 50th anniversary, presents a compilation of invited path-breaking research contributions by award-winning geoscientists who have been instrumental in shaping the IAMG. It contains 45 chapters that are categorized broadly into five parts (i) theory, (ii) general applications, (iii) exploration and resource estimation, (iv) reviews, and (v) reminiscences covering related topics like mathematical geosciences, mathematical morphology, geostatistics, fractals and multifractals, spatial statistics, multipoint geostatistics, compositional data analysis, informatics, geocomputation, numerical methods, and chaos theory in the geosciences.

Download or read book Decision Making for the Environment written by National Research Council and published by National Academies Press. This book was released on 2005-07-01 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the growing number, complexity, and importance of environmental problems come demands to include a full range of intellectual disciplines and scholarly traditions to help define and eventually manage such problems more effectively. Decision Making for the Environment: Social and Behavioral Science Research Priorities is the result of a 2-year effort by 12 social and behavioral scientists, scholars, and practitioners. The report sets research priorities for the social and behavioral sciences as they relate to several different kinds of environmental problems.

Download or read book Theory and Practice in Policy Analysis written by M. Granger Morgan and published by Cambridge University Press. This book was released on 2017-10-12 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many books instruct readers on how to use the tools of policy analysis. This book is different. Its primary focus is on helping readers to look critically at the strengths, limitations, and the underlying assumptions analysts make when they use standard tools or problem framings. Using examples, many of which involve issues in science and technology, the book exposes readers to some of the critical issues of taste, professional responsibility, ethics, and values that are associated with policy analysis and research. Topics covered include policy problems formulated in terms of utility maximization such as benefit-cost, decision, and multi-attribute analysis, issues in the valuation of intangibles, uncertainty in policy analysis, selected topics in risk analysis and communication, limitations and alternatives to the paradigm of utility maximization, issues in behavioral decision theory, issues related to organizations and multiple agents, and selected topics in policy advice and policy analysis for government.