). Chapter 1 gives some basic introduction to uncertain theories, including probability theory, credibility theory, uncertainty … theory and chance theory. Chapter 2 presents a comprehensive review and discussion of basic DEA models. The stochastic DEA is … uncertain DEA. In order to evaluate the DMUs in which uncertainty and randomness appear simultaneously, the hybrid DEA based on …

and analytical tools. Uncertainty can dominate, as in the climate change debates. Increasing the resolution of models does … not always yield sufficient certainty. This book presents much-needed new tools for modeling and management of uncertainty. … concepts and analytical tools. The uncertainty critically dominantes, e.g., the climate change debates. In short, the dilemma …

Concept of -Cherry Junction Tree -- Robust Solutions under Uncertainty -- Induced Discounting and Risk Management -- Cost …General Remarks on Robust Solutions -- Modeling of Uncertainty and Probabilistic Issues -- On Joint Modelling of Random … Uncertainty and Fuzzy Imprecision -- On the Approximation of a Discrete Multivariate Probability Distribution Using the New …

This book is a guide to asset and risk management from a practical point of view. It is centered around two questions … triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory … they should not? - How do investors deal with such crises in terms of their risk measurement and management and, as a …

Risk: Is There a Unique Objective Measure? -- Expected Utility Theory -- Stochastic Dominance Decision Rules … Distributions -- Almost Stochastic Dominance (ASD) -- Stochastic Dominance and Risk Measures -- Stochastic Dominance and … Dominance Approach -- Non-Expected Utility and Stochastic Dominance -- Stochastic Dominance and Prospect Theory -- Multivariate …

version is then expanded by introducing cost and demand shocks and uncertainty. The latter enters the model via second order … uncertainty - regarding growth and inflation expectations - can lead to lower nominal interest rates set by the central bank … persistent shocks and uncertainty · Comparative statics and a wide range of numerical simulations · Mathematical concepts and …

This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this … prospect theory and its modified version, cumulative prospect theory. Each approach is discussed and compared. In addition …This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this …