Efficiency versus sustainability in dynamic decision making : advances in intertemporal compromising /

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Bibliographic Details
Author / Creator:Glaser, Bodo, 1967-
Imprint:Berlin : Springer, 2002.
Description:ix, 252 p. : ill. ; 24 cm.
Language:English
Series:Lecture notes in economics and mathematical systems ; 520
Lecture notes in economics and mathematical systems 520.
Subject:Decision making.
Decision making -- Mathematical models.
Decision making.
Decision making -- Mathematical models.
Format: Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/4714388
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ISBN:3540439064 (pbk. : alk. paper)
Notes:Includes bibliographical references.
Table of Contents:
  • 1. Introduction
  • I. Decision Theoretical Foundation
  • 2. Fundamentals of Decision Making
  • 2.1. Structure and Classiication of Decision Models
  • 2.2. The Set of Alternatives
  • 2.3. Kinds of Objectives
  • 2.4. Optimality
  • 3. Fundamentals of Multi-criteria Decision Making
  • 3.1. The General MODM-model
  • 3.2. Dominance and Eiciency
  • 3.3. Compromise Methods
  • 3.3.1. Method of Weighting Objective Functions
  • 3.3.2. Method of Weighted Distance Functions
  • 3.3.2.1. Distance-minimization Method
  • 3.3.2.2. Distance-maximization Method
  • 3.3.2.3. Synopsis of Distance-based Methods
  • II. Dynamic Decision Making
  • 4. Fundamentals of Dynamic Decision Making
  • 4.1. The Set of Alternatives
  • 4.2. Basic Types of Objectives in Dynamic Decision Making
  • 5. Type A Objective: `The Destination Matters'
  • 5.1. Problem Formulation
  • 5.2. Reinements of the General Formulation
  • 5.3. Optimally
  • 6. Type B Objective: `The Journey is the Goal'
  • 6.1. Problem Formulation
  • 6.2. Dynamic Dominance and Eficiency
  • 6.3. Compromise Models
  • 6.3.1. Method of Weighting Periodic Objectives
  • 6.3.2. Method of Weighted Periodic Distances
  • 6.4. Sustainability as Objective
  • 6.4.1. A Formal Deinition
  • 6.4.2. Satisicing Objective without Maximizing Behavior 178
  • 6.4.3. Satisicing Objective with Maximizing Behavior
  • 6.4.4. Afterthought
  • 7. Multiple Objectives in Dynamic Decision Making
  • 7.1. Multiple Type A Objectives
  • 7.2. Multiple Objectives of Hybid Types
  • 7.2.1. Problem Formulation
  • 7.2.2. Eiciency Aspects
  • 7.2.3. Compromise Models
  • 7.2.4. Sustainability Revisited
  • 7.3. Multiple Type B Objectives
  • 7.3.1. Problem Formulation
  • 7.3.2. Eiciency Aspects
  • 7.3.3. Compromise Models
  • 7.3.4. Sustainability Revisited
  • 8. Concluding Remarks
  • List of Figures
  • Symbols and Notation
  • Bibliography
  • Index