Algorithms for Worst-Case Design and Applications to Risk Management
Book Details
Format
Hardback or Cased Book
ISBN-10
0691091544
ISBN-13
9780691091549
Publisher
Princeton University Press
Imprint
Princeton University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 15th, 2002
Print length
408 Pages
Weight
482 grams
Product Classification:
Management decision makingOptimizationApplied mathematics
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Ksh 26,300.00
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Recognizing that robust decision making is vital in risk management, this book provides concepts and algorithms for computing the best decision in view of the worst-case scenario. The main tool used is minimax, which ensures robust policies with guaranteed optimal performance that will improve further if the worst case is not realized.
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