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Full-Text Articles in Applied Mathematics
Decision Making Under Uncertainty With A Special Emphasis On Geosciences And Education, Laxman Bokati
Decision Making Under Uncertainty With A Special Emphasis On Geosciences And Education, Laxman Bokati
Open Access Theses & Dissertations
In many practical situations, we need to make a decision. In engineering, we need to decideon the best design of a system, and, for existing systems - on the best control strategy. In financial applications, we need to decide what is the best way to invest money. In geosciences, we need to decide whether we should explore a possible mineral deposit - or whether we should perform more experiments and measurements (and what exactly). In some cases, we can compute the exact consequences of each decision - e.g., if we are controlling a satellite. However, in many other cases, we …
Decision Making Under Uncertainty With Applications To Geosciences And Finance, Laxman Bokati
Decision Making Under Uncertainty With Applications To Geosciences And Finance, Laxman Bokati
Open Access Theses & Dissertations
In many practical situations, we need to make a decision. In engineering, we need to decide on the best design of a system, and, for existing systems â?? on the best control strategy. In financial applications, we need to decide what is the best way to invest money. In geosciences, we need to decide whether we should explore a possible mineral deposit â?? or whether we should perform more experiments and measurements (and what exactly). In some cases, we can compute the exact consequences of each decision - e.g., if we are controlling a satellite. However, in many other cases, …