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Decision Theory with Imperfect Information

Original price was: ₹15221.00.Current price is: ₹11872.00.

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Author Aliev Rafik A & Huseynov Oleg H
ISBN 9789814611039
Published Language English
Publication Year 2014
Publisher World Scientific
Binding Hardback
Original Price $168
Pages 468
Ships By 2-3 days
SKU: WS-1504 Categories: ,

Description

Every day decision making in complex human-centric systems are characterized by imperfect decision-relevant information. The principal problems with the existing decision theories are that they do not have capability to deal with situations in which probabilities and events are imprecise. In this book, we describe a new theory of decision making with imperfect information. The aim is to shift the foundation of decision analysis and economic behavior from the realm bivalent logic to the realm fuzzy logic and Z-restriction, from external modeling of behavioral decisions to the framework of combined states.

This book will be helpful for professionals, academics, managers and graduate students in fuzzy logic, decision sciences, artificial intelligence, mathematical economics, and computational economics.