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The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.
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Optimisation of production under uncertainty, Svend Rasmussen
- Language
- Released
- 2011
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- Title
- Optimisation of production under uncertainty
- Subtitle
- The State-Contingent Approach
- Language
- English
- Authors
- Svend Rasmussen
- Publisher
- Springer
- Released
- 2011
- ISBN10
- 3642216854
- ISBN13
- 9783642216855
- Category
- Business and Economics
- Description
- The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.