Optimisation of Production Under Uncertainty The State-Contingent Approach

Author(s): Svend Rasmussen
Publisher: Springer
ISBN: 9783642216855
Edition:

$39,99

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Description

Description

The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.