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Dynamic Decision Making
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Book Synopsis Anticipatory Optimization for Dynamic Decision Making by : Stephan Meisel
Download or read book Anticipatory Optimization for Dynamic Decision Making written by Stephan Meisel and published by Springer Science & Business Media. This book was released on 2011-06-23 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: The availability of today’s online information systems rapidly increases the relevance of dynamic decision making within a large number of operational contexts. Whenever a sequence of interdependent decisions occurs, making a single decision raises the need for anticipation of its future impact on the entire decision process. Anticipatory support is needed for a broad variety of dynamic and stochastic decision problems from different operational contexts such as finance, energy management, manufacturing and transportation. Example problems include asset allocation, feed-in of electricity produced by wind power as well as scheduling and routing. All these problems entail a sequence of decisions contributing to an overall goal and taking place in the course of a certain period of time. Each of the decisions is derived by solution of an optimization problem. As a consequence a stochastic and dynamic decision problem resolves into a series of optimization problems to be formulated and solved by anticipation of the remaining decision process. However, actually solving a dynamic decision problem by means of approximate dynamic programming still is a major scientific challenge. Most of the work done so far is devoted to problems allowing for formulation of the underlying optimization problems as linear programs. Problem domains like scheduling and routing, where linear programming typically does not produce a significant benefit for problem solving, have not been considered so far. Therefore, the industry demand for dynamic scheduling and routing is still predominantly satisfied by purely heuristic approaches to anticipatory decision making. Although this may work well for certain dynamic decision problems, these approaches lack transferability of findings to other, related problems. This book has serves two major purposes: ‐ It provides a comprehensive and unique view of anticipatory optimization for dynamic decision making. It fully integrates Markov decision processes, dynamic programming, data mining and optimization and introduces a new perspective on approximate dynamic programming. Moreover, the book identifies different degrees of anticipation, enabling an assessment of specific approaches to dynamic decision making. ‐ It shows for the first time how to successfully solve a dynamic vehicle routing problem by approximate dynamic programming. It elaborates on every building block required for this kind of approach to dynamic vehicle routing. Thereby the book has a pioneering character and is intended to provide a footing for the dynamic vehicle routing community.
Book Synopsis Dynamic Decision Making in Chess by : Boris GELFAND
Download or read book Dynamic Decision Making in Chess written by Boris GELFAND and published by . This book was released on 2017-08-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Dynamic Decision Making in Chess former World Championship Challenger Boris Gelfand continues his investigation into decision-making at the top level, discussing some of his best games as well as his worst slips, giving the reader a unique insight into the mind of a world-class grandmaster.
Book Synopsis Dynamic Perspectives on Managerial Decision Making by : Herbert Dawid
Download or read book Dynamic Perspectives on Managerial Decision Making written by Herbert Dawid and published by Springer. This book was released on 2016-09-15 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contributions ranges from daily operational challenges firms face to strategic choices in dynamic industry environments and the analysis of optimal growth paths. The volume also highlights recent methodological developments in the areas of dynamic optimization, dynamic games and meta-heuristics, which help to improve our understanding of (optimal) decision making in a fast evolving economy.
Book Synopsis Dynamic Economic Decision Making by : John E. Silvia
Download or read book Dynamic Economic Decision Making written by John E. Silvia and published by John Wiley & Sons. This book was released on 2011-08-09 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive analysis of the macroeconomic and financial forces altering the economic landscape Financial decision-making requires one to anticipate how their decision will not only affect their business, but also the economic environment. Unfortunately, all too often, both private and public sector decision-makers view their decisions as one-off responses and fail to see their decisions within the context of an evolving decision-making framework. In Decision-Making in a Dynamic Economic Setting, John Silvia, Chief Economist of Wells Fargo and one of the top 5 economic forecasters according to Bloomberg News and USA Today, skillfully puts this discipline in perspective. Details realistic, decision-making approaches and applications under a broad set of economic scenarios Analyzes monetary policy and addresses the impact of financial regulations Examines business cycles and how to identify economic trends, how to deal with uncertainty and manage risk, the building blocks of growth, and strategies for innovation Decision-Making in a Dynamic Economic Setting details the real-world application of economic principles and financial strategy in making better business decisions.
Book Synopsis Data-Driven Decision Making and Dynamic Planning by : Paul Preuss
Download or read book Data-Driven Decision Making and Dynamic Planning written by Paul Preuss and published by Routledge. This book was released on 2013-09-27 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will help you understand how to integrate data-based decisions into the daily work of the school. It is a practical and relevant handbook for converting data into wise decision-making and planning. It will give you the skills to successfully make data-based decisions, measure student learning and program effectiveness, evaluate student progress, use data to improve instruction, integrate a "Dynamic Planning" process into the daily operation of your school.
Book Synopsis The Dynamic Decision Maker by : Michael J. Driver
Download or read book The Dynamic Decision Maker written by Michael J. Driver and published by iUniverse. This book was released on 1998 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: The insights offered in this book are intended to guarantee the reader a more successful career. It is written especially for managers and executives whose jobs require managing people successfully, but it is also written for anyone who must make decisions that involve other people. The authors discuss the decision styles and habits that people form and how to change decision-making habits where necessary. The models and techniques for decision making presented here have been used throughout the world in all kinds of businesses and government agencies. Decision style concepts can benefit anyone, from a new management trainee or MBA student to the CEO of a large firm.
Book Synopsis The Human in Command by : Carol McCann
Download or read book The Human in Command written by Carol McCann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together experienced military leaders and researchers in the human sciences to offer current operational experience and scientific thought on the issue of military command, with the intention of raising awareness of the uniquely human aspects of military command. It includes chapters on the personal experiences of senior commanders, new concepts and treatises on command theory, and empirical findings from experimental studies in the field.
Book Synopsis Practical Modelling of Dynamic Decision Making by : Rick Evertsz
Download or read book Practical Modelling of Dynamic Decision Making written by Rick Evertsz and published by Springer. This book was released on 2019-03-23 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents TDF (Tactics Development Framework), a practical methodology for eliciting and engineering models of expert decision-making in dynamic domains. The authors apply the BDI (Beliefs, Desires, Intentions) paradigm to the elicitation and modelling of dynamic decision making expertise, including team behaviour, and map it to a diagrammatic representation that is intuitive to domain experts. The book will be of value to researchers and practitioners engaged in dynamic decision making.
Book Synopsis The Routines of Decision Making by : Tilmann Betsch
Download or read book The Routines of Decision Making written by Tilmann Betsch and published by Psychology Press. This book was released on 2014-04-04 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experience is currently a hot theme in decision making. For a long time, decision research was almost exclusively focused on new decisions and neglected the importance of experience. It took the field until the 1990s for a new direction in research and theorizing to become visible in the literature. There are parallel movements happening in sociology, political science, social psychology, and business. The purpose of this edited book is to provide a balanced and representative overview of what is currently known about the dynamics of experienced-based decision making. The chapters are written by renowned experts in the field and provide the latest theoretical developments, integrative frameworks, and state-of-the-art reviews of research in the laboratory and in the field.
Book Synopsis Forward-Looking Decision Making by : Robert E. Hall
Download or read book Forward-Looking Decision Making written by Robert E. Hall and published by Princeton University Press. This book was released on 2010-02-08 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals and families make key decisions that impact many aspects of financial stability and determine the future of the economy. These decisions involve balancing current sacrifice against future benefits. People have to decide how much to invest in health care, exercise, their diet, and insurance. They must decide how much debt to take on, and how much to save. And they make choices about jobs that determine employment and unemployment levels. Forward-Looking Decision Making is about modeling this individual or family-based decision making using an optimizing dynamic programming model. Robert Hall first reviews ideas about dynamic programs and introduces new ideas about numerical solutions and the representation of solved models as Markov processes. He surveys recent research on the parameters of preferences--the intertemporal elasticity of substitution, the Frisch elasticity of labor supply, and the Frisch cross-elasticity. He then examines dynamic programming models applied to health spending, long-term care insurance, employment, entrepreneurial risk-taking, and consumer debt. Linking theory with data and applying them to real-world problems, Forward-Looking Decision Making uses dynamic optimization programming models to shed light on individual behaviors and their economic implications.
Book Synopsis Dynamic Decision Making by : Johanna Helena Kerstholt
Download or read book Dynamic Decision Making written by Johanna Helena Kerstholt and published by . This book was released on 1996 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Interdisciplinary and International Perspectives on 3D Printing in Education by : Santos, Ieda M.
Download or read book Interdisciplinary and International Perspectives on 3D Printing in Education written by Santos, Ieda M. and published by IGI Global. This book was released on 2018-11-23 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although 3D printing technologies are still a rarity in many classrooms and other educational settings, their far-reaching applications across a wide range of subjects make them a desirable instructional aid. Effective implementation of these technologies can engage learners through project-based learning and exploration of objects. Interdisciplinary and International Perspectives on 3D Printing in Education is a collection of advanced research that facilitates discussions on interdisciplinary fields and international perspectives, from kindergarten to higher education, to inform the uses of 3D printing in education from diverse and broad perspectives. Covering topics such as computer-aided software, learning theories, and educational policy, this book is ideally designed for educators, practitioners, instructional designers, and researchers.
Book Synopsis Improving Human Performance in Dynamic Tasks by : Hassan Qudrat-Ullah
Download or read book Improving Human Performance in Dynamic Tasks written by Hassan Qudrat-Ullah and published by Springer Nature. This book was released on 2019-08-30 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about improving human decision making and performance in complex, dynamic tasks. The defining characteristics of a dynamic decision task are that there are a number of decisions required, that decisions are interdependent and that the environment in which the decision is made is transient and feedback is pervasive. Examples of dynamic tasks include the sustainable management of renewable resources and how businesses might allocate resources for research and development (R&D) projects. Decision making in dynamic tasks can be improved through training with system dynamics–based interactive learning environments (ILE’s) that include systematic debriefing. Some key features of the book include its didactic approach, numerous tables, figures, and the multidimensional evaluative model. Researchers can use the developed “evaluation model” to gauge various decision-aiding technologies. How to Improve Human Performance in Dynamic Tasks appeals to those interested in the design and evaluation of simulation-based decision support systems, as well as policy makers, students, researchers, and industrialists concerned by the issue of improving human performance in organizational tasks.
Book Synopsis The Cambridge Handbook of Expertise and Expert Performance by : K. Anders Ericsson
Download or read book The Cambridge Handbook of Expertise and Expert Performance written by K. Anders Ericsson and published by . This book was released on 2018-05-17 with total page 985 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, some of the world's foremost 'experts on expertise' provide scientific knowledge on expertise and expert performance.
Book Synopsis Judgment and Decision Making by : David Hardman
Download or read book Judgment and Decision Making written by David Hardman and published by John Wiley & Sons. This book was released on 2009-02-09 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Judgment and Decision Making is a refreshingly accessible text that explores the wide variety of ways people make judgments. An accessible examination of the wide variety of ways people make judgments Features up-to-date theoretical coverage, including perspectives from evolutionary psychology and neuroscience Covers dynamic decision making, everyday decision making, individual differences, group decision making, and the nature of mind and brain in relation to judgment and decision making Illustrates key concepts with boxed case studies and cartoons
Download or read book Scaling Force written by Rory Miller and published by Ymaa Publications. This book was released on 2012 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a range of options, from skillfully doing nothing to applying deadly force, designed to prevent violence or, if that is not possible, to defend oneself against it as effectively as possible.
Author :Panel on Modeling Human Behavior and Command Decision Making: Representations for Military Simulations Publisher :National Academies Press ISBN 13 :0309523893 Total Pages :433 pages Book Rating :4.3/5 (95 download)
Book Synopsis Modeling Human and Organizational Behavior by : Panel on Modeling Human Behavior and Command Decision Making: Representations for Military Simulations
Download or read book Modeling Human and Organizational Behavior written by Panel on Modeling Human Behavior and Command Decision Making: Representations for Military Simulations and published by National Academies Press. This book was released on 1998-08-14 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulations are widely used in the military for training personnel, analyzing proposed equipment, and rehearsing missions, and these simulations need realistic models of human behavior. This book draws together a wide variety of theoretical and applied research in human behavior modeling that can be considered for use in those simulations. It covers behavior at the individual, unit, and command level. At the individual soldier level, the topics covered include attention, learning, memory, decisionmaking, perception, situation awareness, and planning. At the unit level, the focus is on command and control. The book provides short-, medium-, and long-term goals for research and development of more realistic models of human behavior.
