Preface -- 1 Introduction -- 2 Decision Theory Elements -- 3 Utility Function -- 4 State-Contingent Outcome and Preference -- 5 Preferences and Subjective Probabilities -- 6 Formulation of the Decision Problem -- 7 Connections Between Input and State-Contingent Output -- 8 Optimising Production Under Uncertainty -- 9 Summary and Conclusion -- References
Summary
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
Analysis
economie
economics
bedrijfswetenschap
management science
microeconomics
economische theorie
economic theory
ketenmanagement
supply chain management
logistiek
logistics
Management studies, Business Administration, Organizational Science (General)