Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Genre: Business & Economics
ISBN: 9783540352587, 9783540352587
Pages: 330
Description
Ongoing global changes bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The uncertainty critically dominantes, e.g., the climate change debates. In short, the dilemma is concerned with enormous costs vs. massive uncertainties of potential extreme impacts. Traditional scientific approaches usually rely on real observations and experiments. Yet no sufficient observations exist for new problems, and "pure" experiments and learning by doing may be very expensive, dangerous, or simply impossible. In addition, available historical observations are contaminated by actions, policies. The complexity of new problems does not allow to achieve enough certainty by increasing the resolution of models or by bringing in more links. Hence, new tools for modeling and management of uncertainty are needed, as given in this book.
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Specifications
Dimensions
Height
235 mm
Length
155 mm
Weight
1080 gr
Series & Set Details
Series Name
Lecture Notes in Economics and Mathematical Systems
Book Details
Title
Coping with Uncertainty
Imprint
Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Product Form
Paperback
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Genre
Business & Economics
Source Type
N
ISBN13
9783540352587
Book Category
Economics, Business and Management Books
BISAC Subject Heading
BUS069000
Book Subcategory
Economics Books
ISBN10
9783540352587
Language
English
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