Engineering decision making and risk management
"Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems"--
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| Format: | eBook |
| Language: | English |
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Hoboken, New Jersey
Wiley
2015
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| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
| Summary: | "Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems"-- |
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| Item Description: | Machine generated contents note: 1. Introduction to Engineering Decision Making 1.1 Introduction 1.2 Decision Making in Engineering Practice 1.3 Decision Making and Optimization 1.4 Decision Making and Problem Solving 1.5 Decision Making and Risk Management 1.6 Problems in Decision Making 1.7 The Value of Improving Decision Making 1.8 Perspectives on Decision Making Exercises References 2. Decision Making Fundamentals 2.1 Decision Characteristics 2.2 Objectives in Decision Making 2.3 Influence Diagrams 2.4 Rationality 2.5 Dominance 2.6 Choice Strategies 2.7 Making Tradeoffs 2.8 Reframing the Decision 2.9 Risk Acceptance 2.10 Measurement Scales Exercises References 3. Multicriteria Decision Making 3.1 Pugh Concept Selection Method 3.2 Analytic Hierarchy Process (AHP) 3.3 Multiattribute Utility Theory (MAUT) 3.4 Conjoint Analysis 3.5 Value of a Statistical Life 3.6 Compensation 3.7 The Impact of Changing Weights Exercises References 4. . - Group Decision Making 4.1 Ranking 4.2 Scoring and Majority Judgment 4.3 Arrow's Impossibility Theorem Exercises References 5. Decision Making Under Uncertainty 5.1 Types of Uncertainties 5.2 Assessing a Subjective Probability 5.3 Imprecise Probabilities 5.4 Cumulative Risk Profile and Dominance 5.5 Decision Trees: Modeling 5.6 Decision Trees: Determining Expected Values 5.7 Sequential Decision Making 5.8 Modeling Risk Aversion 5.9 Robustness 5.10 Uncertainty Propagation: Sensitivity Analysis 5.11 Uncertainty Propagation: Method of Moments 5.12 Uncertainty Propagation: Monte Carlo Simulation Exercises References 6. Game Theory 6.1 Game Theory Basics 6.2 Zero-sum Games 6.3 Optimal Mixed Strategies for Zero-sum Games 6.4 The Minimax Theorem 6.5 Resource Allocation Games 6.6 Mixed Motive Games 6.7 Bidding 6.8 Stackelberg Games Exercises References 7. . - Decision-making Processes 7.1 Decision-making Contexts 7.2 Technical Knowledge and Problem Consensus 7.3 Optimization: Search and Evaluation 7.4 Diagnosing Risk Decision Situations 7 |
| Physical Description: | 1 online resource |
| ISBN: | 1118919378 9781118919385 1118919335 1118919386 9781118919330 9781118919378 |