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Item Details
Title:
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MANAGING SAFETY OF HETEROGENEOUS SYSTEMS
DECISIONS UNDER UNCERTAINTIES AND RISKS |
By: |
Yuri Ermoliev (Editor), Marek Makowski (Editor), Kurt Marti (Editor) |
Format: |
Paperback |
List price:
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£119.99 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
3642228836 |
ISBN 13: |
9783642228834 |
Publisher: |
SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG |
Pub. date: |
31 January, 2012 |
Edition: |
2012 |
Series: |
Lecture Notes in Economics and Mathematical Systems 658 |
Pages: |
378 |
Description: |
Tools and techniques are provided for dealing with uncertainties and risks in applied areas. A key issue concerns a vast variety of irreducible uncertainties, which require concepts and analytical tools. This title focuses on novel approaches to supporting robust decision-making and design. |
Synopsis: |
Managing safety of diverse systems requires decision-making under uncertainties and risks. Such systems are typically characterized by spatio-temporal heterogeneities, inter-dependencies, externalities, endogenous risks, discontinuities, irreversibility, practically irreducible uncertainties, and rare events with catastrophic consequences. Traditional scientific approaches rely on data from real observations and experiments; yet no sufficient observations exist for new problems, and experiments are usually impossible. Therefore, science-based support for addressing such new class of problems needs to replace the traditional "deterministic predictions" analysis by new methods and tools for designing decisions that are robust against the involved uncertainties and risks. The new methods treat uncertainties explicitly by using "synthetic" information derived by integration of "hard" elements, including available data, results of possible experiments, and formal representations of scientific facts, with "soft" elements based on diverse representations of scenarios and opinions of public, stakeholders, and experts. The volume presents such effective new methods, and illustrates their applications in different problem areas, including engineering, economy, finance, agriculture, environment, and policy making. |
Illustrations: |
17 Tables, black and white; 78 Illustrations, black and white; XXIII, 378 |
Publication: |
Germany |
Imprint: |
Springer-Verlag Berlin and Heidelberg GmbH & Co. K |
Returns: |
Returnable |
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