Decision making is certainly a very crucial component of many human activities. It is, therefore, not surprising that models of decisions play a very important role not only in decision theory but also in areas such as operations Research, Management science, social Psychology etc . . The basic model of a decision in classical normative decision theory has very little in common with real decision making: It portrays a decision as a clear-cut act of choice, performed by one individual decision maker and in which states of nature, possible actions, results and preferences are well and crisply...
Decision making is certainly a very crucial component of many human activities. It is, therefore, not surprising that models of decisions play a very ...
In the literature of decision analysis it is traditional to rely on the tools provided by probability theory to deal with problems in which uncertainty plays a substantive role. In recent years, however, it has become increasingly clear that uncertainty is a mul tifaceted concept in which some of the important facets do not lend themselves to analysis by probability-based methods. One such facet is that of fuzzy imprecision, which is associated with the use of fuzzy predicates exemplified by small, large, fast, near, likely, etc. To be more specific, consider a proposition such as "It is very...
In the literature of decision analysis it is traditional to rely on the tools provided by probability theory to deal with problems in which uncertaint...
This book shows how the application of fuzzy logic can benefit management, group decision making, strategic planning, supply chain management and other business imperatives. The theoretical analysis is fully supported by real-life case studies. The book develops themes that businesses can use to master effectiveness and quality, work with flexibility, and support continuous learning in the organization and the individual.
This book shows how the application of fuzzy logic can benefit management, group decision making, strategic planning, supply chain management and o...
We live, unfortunately, in turbulent and difficult times plagued by various political, economic, and social problems, as well as by natural disasters worldwide. Systems become more and more complicated, and this concerns all levels, exemplified first by global political alliances, groups of countries, regions, etc., and secondly, by multinational (global) corporations and companies of all sizes. These same concerns affect all social groups. This all makes decision processes very complicated. In virtually all decision processes in these complicated systems, there are various actors (decision...
We live, unfortunately, in turbulent and difficult times plagued by various political, economic, and social problems, as well as by natural disasters ...
Risk is a crucial element in virtually all problems people in diverse areas face in their activities. It is impossible to find adequate models and solutions without taking it into account. Due to uncertainty and complexity in those problems, traditional "hard" tools and techniques may be insufficient for their formulation and solution. This is the first book in the literature that shows how soft computing methods (fuzzy logic, neural networks, genetic algorithms, etc.) can be employed to deal with various problems related to risk analysis, evaluation and management in various fields of...
Risk is a crucial element in virtually all problems people in diverse areas face in their activities. It is impossible to find adequate models and sol...
Decision making is certainly a very crucial component of many human activities. It is, therefore, not surprising that models of decisions play a very important role not only in decision theory but also in areas such as operations Research, Management science, social Psychology etc . . The basic model of a decision in classical normative decision theory has very little in common with real decision making: It portrays a decision as a clear-cut act of choice, performed by one individual decision maker and in which states of nature, possible actions, results and preferences are well and crisply...
Decision making is certainly a very crucial component of many human activities. It is, therefore, not surprising that models of decisions play a very ...
This book provides readers with a timely and comprehensive yet concise view on the field of fuzzy logic and its real-world applications. The chapters, written by authoritative scholars in the field, report on promising new models for data analysis, decision making, and systems modeling, with a special emphasis on their applications in management science. The book is a token of appreciation from the fuzzy research community to Professor Christer Carlsson for his long time research and organizational commitment, which have among other things resulted in the foundation and success of the...
This book provides readers with a timely and comprehensive yet concise view on the field of fuzzy logic and its real-world applications. The chapte...
