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Decision Making Under Uncertainty: Energy and Power /

Decision Making Under Uncertainty: Energy and Power /
Catalogue Information
Nome campo dettagli
Dewey Class 003.3
Titolo Decision Making Under Uncertainty ([EBook] :) : Energy and Power / / edited by Claude Greengard, Andrzej Ruszczynski.
Added Personal Name Greengard, Claude editor.
Ruszczyński, Andrzej editor.
Other name(s) SpringerLink (Online service)
Pubblicazione New York, NY : : Springer New York, , 2002.
Physical Details X, 164 p. : online resource.
Serie The IMA volumes in mathematics and its applications 0940-6573 ; ; 128
ISBN 9781468492569
Summary Note In the ideal world, major decisions would be made based on complete and reliable information available to the decision maker. We live in a world of uncertainties, and decisions must be made from information which may be incomplete and may contain uncertainty. The key mathematical question addressed in this volume is "how to make decision in the presence of quantifiable uncertainty." The volume contains articles on model problems of decision making process in the energy and power industry when the available information is noisy and/or incomplete. The major tools used in studying these problems are mathematical modeling and optimization techniques; especially stochastic optimization. These articles are meant to provide an insight into this rapidly developing field, which lies in the intersection of applied statistics, probability, operations research, and economic theory. It is hoped that the present volume will provide entry to newcomers into the field, and stimulation for further research.:
Contents note Stochastic programming models: wait-and-see versus here-and-now -- Optimal stimulation of oil production -- Power management in a hydro-thermal system under uncertainty by Lagrangian relaxation -- Hedging electricity portfolios via stochastic programming -- Opportunities for stochastic and probabilistic modeling in the deregulated electricity industry -- On supply function bidding in electricity markets -- Qualitative implications of uncertainty in economic equilibrium models -- List of workshop participants.
System details note Online access to this digital book is restricted to subscription institutions through IP address (only for SISSA internal users)
Internet Site http://dx.doi.org/10.1007/978-1-4684-9256-9
Link alle Opere Legate
  • Riferimenti soggetto: .
  • Computational Intelligence .
  • Decision making .
  • Environmental Management .
  • Functions of real variables .
  • Mathematical Modeling and Industrial Mathematics .
  • Mathematical models .
  • Mathematics .
  • Operation Research/Decision Theory .
  • Operations research .
  • Real Functions .
  • Statistics .
  • Statistics for Engineering, Physics, Computer Science, Chemistry and Earth Sciences .

  • Authors:
    Corporate Authors:
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    Catalogue Information 42827 Beginning of record . Catalogue Information 42827 Top of page .

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