Decisions under Uncertainty
Cambridge University Press (Verlag)
978-0-521-78277-7 (ISBN)
To better understand the core concepts of probability and to see how they affect real-world decisions about design and system performance, engineers and scientists might want to ask themselves the following questions: what exactly is meant by probability? What is the precise definition of the 100-year load and how is it calculated? What is an 'extremal' probability distribution? What is the Bayesian approach? How is utility defined? How do games fit into probability theory? What is entropy? How do I apply these ideas in risk analysis? Starting from the most basic assumptions, this 2005 book develops a coherent theory of probability and broadens it into applications in decision theory, design, and risk analysis. This book is written for engineers and scientists interested in probability and risk. It can be used by undergraduates, graduate students, or practicing engineers.
Ian Jordaan is a full Professor in the Faculty of Engineering and Applied Science at the Memorial University of Newfoundland, Canada. Prior to joining the university in 1986 he was Vice President, Research and Development at Det Norske Veritas (Canada) Ltd., and before this he was a full Professor in the Department of Civil Engineering at the University of Calgary, Canada. He is the recipient of a number of awards including the Horst Leipholz Medal of the Canadian Society for Civil Engineering and held the NSERC-Mobil Industrial Research Chair in Ocean Engineering at Newfoundland from 1986 to 1996.
1. Uncertainty and decision-making; 2. The concept of probability; 3. Distributions and expectation; 4. The concept of utility; 5. Games and optimization; 6. Entropy; 7. Mathematical aspects; 8. Exchangeability and inference; 9. Extremes; 10. Risk, safety and reliability; 11. Data and simulation; 12. Conclusion; Appendix.
| Erscheint lt. Verlag | 7.4.2005 |
|---|---|
| Verlagsort | Cambridge |
| Sprache | englisch |
| Maße | 180 x 254 mm |
| Gewicht | 1515 g |
| Themenwelt | Technik |
| Wirtschaft ► Betriebswirtschaft / Management | |
| ISBN-10 | 0-521-78277-5 / 0521782775 |
| ISBN-13 | 978-0-521-78277-7 / 9780521782777 |
| Zustand | Neuware |
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