Description
- ISBN-10: 1032196432
- ISBN-13: 978-1032196435
- Edition: 1st
- Publisher: CRC Press
- Publication date: 30 January 2025
- Language: English
- Dimensions: 15.6 x 2.03 x 23.39 cm
- Print length: 380 pages
Availability: In Stock
Modern Optimization Methods for Decision Making Under Risk and Uncertainty
SKU: 9781032196435
Original price was: ₹6,781.81.₹5,425.45Current price is: ₹5,425.45.
Explore cutting-edge research in risk theory and decision-making with ‘Modern Optimization Methods for Decision Making Under Risk and Uncertainty’. This essential book, featuring contributions from leading international scholars, delves into statistical decisions and the control of stochastic systems. It showcases advanced stochastic quasi-gradient methods that directly tackle nonlinearities, offering a powerful alternative to traditional linear programming for complex problems. Discover how these methods are applied to find optimal decisions in situations involving risk and uncertainty, including concurrent optimization and simulation models, and various equilibrium scenarios like Nash and Stackelberg. Practical applications span water resources, energy markets, and social networks. The book highlights parallelizable solvers capable of handling intricate problems and finding equilibrium solutions in multi-actor systems, making it indispensable for researchers and practitioners in decision science and optimization.
5 in stock
