Many-events-based and many-agent eventological models of supply and demand are offered. In thesemodels new concepts of … eventological distributions of supplyand demand in the mathematical description of many-agent and many-events-based market systems. …

disruption for two retailers occurs with different probability. We analyze the effect of occurrence probability of demand … supply chain are decreasing with the occurrence probability of demand disruption. Originality/value: It is helpful for supply … occasional demand disruption. Design/methodology/approach: The supply chain is either decentralized or centralized. The demand …

The question of how to deal with uncertainty in environmental decision-making is cur-rently attracting considerable … uncertainty becomes particularly apparent in the field of environmental policy because environmental prob-lems are regarded as … the challenge to develop scientific decision support methods that are capable of dealing with uncertainty in a systematic …

Making decisions under uncertainty is at the core of human decision-making, particularly economic decision-making. In … economics, a distinction is often made between quantifiable uncertainty (risk) and un-quantifiable uncertainty (Knight …, Uncertainty and Profit, 1921). However, this distinction is often ignored by, in effect, the quantification of unquantifiable …