Decision Theory with Imperfect Information (Hardcover) (ISBN-13: 9789814611039)

Every day decision making in complex human-centric systems are characterized by imperfect decision-relevant information. The principal problems with the existing decision theories are that they do not have capability to deal with situations in which probabilities and events are imprecise. In this book, we describe a new theory of decision making with imperfect information. The aim is to shift the foundation of decision analysis and economic behavior from the realm bivalent logic to the realm fuzzy logic and Z-restriction, from external modeling of behavioral decisions to the framework of combined states.This book will be helpful for professionals, academics, managers and graduate students in fuzzy logic, decision sciences, artificial intelligence, mathematical economics, and computational economics.

Author: Rafik Aziz Aliev, Oleg H. Huseynov
ISBN-10: 9814611034
ISBN-13: 9789814611039
Publisher: World Scientific Publishing Company
Language: English
Published: 10/13/2014
Pages: 468
Format: Hardcover
Weight: 1.75lbs
Size: 9.10h x 6.10w x 1.20d