This volume presents recent developments in the use of fuzzy sets in broadly perceived interactive optimization and mathematical programming. The introductory sections are followed by material with an emphasis on elements of human interaction and information on software packages.

This monograph is intended for graduate courses in engineering and management science, as well as readers who require an introduction to the theories and methodologies of multiple attribute decision making in a fuzzy environment.

The main objective of this volume is to provide a presentation and discussion of recent developments in optimization and related fields. Equal emphasis is given to theoretical and practical fields. Topics covered include optimization and variational inequalities and control theory.

A selection of research work in the design and implementation of dynamic marketing strategies in a competitive environment. The work covers areas such as advertising, promotion, pricing, new product diffusion, channel conflict and co-operation.

This book describes some models from the theory of investment which are mainly characterized by three features. Firstly, the decision-maker acts in a dynamic environment. Secondly, the distributions of the random variables are only incompletely known at the beginning of the planning process. This is termed as decision-making under conditions of uncer tainty. Thirdly, in large parts of the work we restrict the analysis to binary decision models. In a binary model, the decision-maker must choose one of two actions. For example, one decision means to undertake the invest .ment project in a...

These notes grew out of a series of lectures given by the author at the Univer sity of Budapest during 1985-1986. Additional results have been included which were obtained while the author was at the University of Erlangen-Niirnberg under a grant of the Alexander von Humboldt Foundation. Vector optimization has two main sources coming from economic equilibrium and welfare theories of Edgeworth (1881) and Pareto (1906) and from mathemat ical backgrounds of ordered spaces of Cantor (1897) and Hausdorff (1906). Later, game theory of Borel (1921) and von Neumann (1926) and production theory of...

1. The Idea behind the workshop was that of calling attention to the necessity of studying long term tendencies In economic growth. We believe that actual growth processes In capitalistic economies are not smooth phenomena and also that the evolution of the economy Is characterized by long term fluctuations as well as by trade cycles. It Is now common place to argue that this point of view was revived after 1973 In consequence of the economic difficulties experienced by Industrialized countries while It has a much older origin as Its roots can be pushed back at least to the Great Depression...

In production systems there are often capacity oriented performance objectives, like a desired total throughput, a desired average throughput time and average work in-process. Such performance objectives are expressed in "units of products" rather than in specific product types. This book presents a way of modeling and analyzing production systems so, that such capacity oriented performance criteria can be measured in a simple way. The model consists of three basic elements. 1. The product types in the system are aggregated. 2. The product flow is modeled as being continuous. 3. The machines...

This book is motivated by the disagreement among Monetarist, Keynesian, and New Classical economists about the short-term determinants of output, unemployment, and inflation. It exposes the reader to a synthesis modeling approach which allows the derivation of the opposing theories as special cases from a single general framework, so that the macroeconomic controversy is reduced to tests of alternative statistical hypotheses. While similar studies have been conducted for the U.S. economy, this study is the first to consider an open economy and "let the data speak" about the determinants of...

This book contains a selection of the papers presented at the symposium on "Decision processes in Economics" which was held in Modena (Italy) on 9-10 October 1989. It coincided with the annual meeting of the italian group on Game Theory; the group is formed by economists, mathematicians, engineers and social scientists. One of the targets of the Meeting, and therefore of the book, is to create an opportunity for having together papers by scientists with an "optimal control" education and papers by theorists on refinement of equilibrium, on repeted games and other topics. These two modes of...