All of human life may be seen as a process of decision-making, but it is only in recent years and in response to the needs of the large and complex organizations characterizing our society that this process has been subjected to scientifi c scrutiny. Out of this scrutiny-undertaken by a wide range of professionals in economics, administration, management, statistics, psychology, engineering, computer science, operations research, and systems analysis-there has begun to emerge a body of theory that has profound implications for improving practical decision-making. This book is the fi rst to bring together all the various aspects of decision theory into one cohesive treatment.

Decision Theory

Business & Money

WHITE,D.J.

Economics

Aldine

Edinburgh 1969. 8vo., 180pp., index, boards. Small sleeve on rear pastedown. Owner signed on front free blank. VG in Good DJ, some chipping.

Dynamic Programming (Mathematical Economics Texts)

Reference

Foreign Language Study & Reference

See Description

All of human life may be seen as a process of decision-making, but it is only in recent years and in response to the needs of the large and complex organizations characterizing our society that this process has been subjected to scientific scrutiny. Out of this scrutiny--undertaken by a wide range of professionals in economics, administration, management, statistics, psychology, engineering, computer science, operations research, and systems analysis--there has begun to emerge a body of theory that has profound implications for improving practical decision-making. This book is the first to bring together all the various aspects of decision theory into one cohesive treatment, focusing on the meaning of "best" decisions and how "best" can be attained in practice. Professor White deals generally with the two major aspects of decision-making: uncertainty and utility (values), and how-using statistical theory, utility theory, game theory, and all the other components that go into decision theory- these can be measured and brought together into effective decision-making criteria. Particular attention is given to problems of knowledge and to the general place of information theory in decision-making; to the notion of "measurability" in this context; to the differences between the physical and human sciences, showing the scope for scientific method in seeking better decision making; and to problem-solving behavior and the problem environment, since these are vital aspects in the practical application of decision theory. Uniquely synthesizing the various aspects of contemporary decision theory, the book clearly and coherently illuminates the very subtle concepts of "better" decision-making. Its focus on the implications of theory for practical decisions will make the book a basic tool for professors and practitioners of operations research, management science, systems analysis, computer sciences, and other fields; and as the first basic text dealing with this subject, it will be widely used for advanced undergraduate and graduate courses on decision theory in departments of economics, statistics, and psychology, and in schools of business and engineering.

Routledge

An organized overview of recent developments in the field of optimality and efficiency. Presents the concepts of optimal solutions and efficient solutions, their interrelationships, basic theorems and classes of problems where these concepts can be applied. Includes extensive references for further study.

Optimality and Efficiency

Management & Leadership

wiley

Operational research has evolved in order to solve complex real-life problems in several variables, which may be of a military, business, or scientific nature. Maintaining a mathematician's viewpoint throughout, the author concentrates on certain mathematical aspects of operational research which lead to a variety of workable models. The text is intended primarily as a single mini-course in operational research, introducing several topics in the subject usually found in separate volumes. Provides numerous references and exercises.

Operational Research

Examines several fundamentals concerning the manner in which Markov decision problems may be properly formulated and the determination of solutions or their properties. Coverage includes optimal equations, algorithms and their characteristics, probability distributions, modern development in the Markov decision process area, namely structural policy analysis, approximation modeling, multiple objectives and Markov games. Copiously illustrated with examples.

Markov Decision Processes

All of human life may be seen as a process of decision-making, but it is only in recent years and in response to the needs of the large and complex organizations characterizing our society that this process has been subjected to scientifi c scrutiny. Out of this scrutiny-undertaken by a wide range of professionals in economics, administration, management, statistics, psychology, engineering, computer science, operations research, and systems analysis-there has begun to emerge a body of theory that has profound implications for improving practical decision-making. This book is the fi rst to bring together all the various aspects of decision theory into one cohesive treatment.

See the best price to sell, buy, or rent books by WHITE,D.J.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by WHITE,D.J.

See the best price to sell, buy, or rent books by WHITE,D.J.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Decision Theory

Dynamic Programming (Mathematical Economics Texts)

Decision Theory

Optimality and Efficiency

Operational Research

Markov Decision Processes

Decision Theory