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978-3-540-35262-4

Coping with Uncertainty

Publish Date: 2006

ISBN: 978-3-540-35262-4

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Ongoing global changes bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The complexity of new problems does not allow to achieve enough certainty by increasing the resolution of models or by bringing in more links. Hence, new tools for modeling and management of uncertainty are needed, as given in this book.


Subject: Business and Economics, Analysis, Monte Carlo Simulation, Statistical Analysis, Stochastic Optimization, Stochastic Programming, learning, modeling, optimization, programming, simulation