Lecture Notes in Economics and Mathematical Systems

Coping with Uncertainty

Robust Solutions

Editors: Marti, Kurt, Ermoliev, Yuri, Makowski, Marek (Eds.)

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About this book

Support for addressing the on-going global changes needs solutions for new scientific problems which in turn require new concepts and tools. A key issue concerns a vast variety of irreducible uncertainties, including extreme events of high multidimensional consequences, e.g., the climate change. The dilemma is concerned with enormous costs versus massive uncertainties of extreme impacts. Traditional scientific approaches rely on real observations and experiments. Yet no sufficient observations exist for new problems, and "pure" experiments, and learning by doing may be expensive, dangerous, or impossible. In addition, the available historical observations are often contaminated by past actions, and policies. Thus, tools are presented for the explicit treatment of uncertainties using "synthetic" information composed of available "hard" data from historical observations, the results of possible experiments, and scientific facts, as well as "soft" data from experts' opinions, and scenarios.

 

Table of contents (13 chapters)

Table of contents (13 chapters)
  • General Remarks on Robust Solutions

    Ermoliev, Y. (et al.)

    Pages 1-7

  • On Joint Modelling of Random Uncertainty and Fuzzy Imprecision

    Hryniewicz, Olgierd

    Pages 11-38

  • On the Approximation of a Discrete Multivariate Probability Distribution Using the New Concept of t-Cherry Junction Tree

    Kovács, Edith (et al.)

    Pages 39-56

  • Induced Discounting and Risk Management

    Ermolieva, T. (et al.)

    Pages 59-77

  • Cost Effective and Environmentally Safe Emission Trading Under Uncertainty

    Ermolieva, T. (et al.)

    Pages 79-99

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-642-03735-1
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $149.00
price for USA in USD
  • ISBN 978-3-642-03734-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Coping with Uncertainty
Book Subtitle
Robust Solutions
Editors
  • Kurt Marti
  • Yuri Ermoliev
  • Marek Makowski
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
633
Copyright
2010
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-03735-1
DOI
10.1007/978-3-642-03735-1
Softcover ISBN
978-3-642-03734-4
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XVI, 277
Topics