Ebook: Optimisation of Production Under Uncertainty: The State-Contingent Approach
Author: Svend Rasmussen (auth.)
- Tags: Microeconomics, Production/Logistics/Supply Chain Management, Economic Theory
- Series: SpringerBriefs in Economics
- Year: 2011
- Publisher: Springer-Verlag Berlin Heidelberg
- Edition: 1
- Language: English-Danish
- pdf
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.
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.
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