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Books > Reference & Interdisciplinary > Communication studies > Decision theory

Anthropology and Risk (Hardcover): Asa Boholm Anthropology and Risk (Hardcover)
Asa Boholm
R4,071 Discovery Miles 40 710 Ships in 12 - 17 working days

Drawing on theory from anthropology, sociology, organisation studies and philosophy, this book addresses how the perception, communication and management of risk is shaped by culturally informed and socially embedded knowledge and experience. It provides an account of how interpretations of risk in society are conditioned by knowledge claims and cultural assumptions and by the orientationof actors based on roles, norms, expectations, identities, trust and practical rationality within a lived social world. By focusing on agency, social complexity and the production and interpretation of meaning, the book offers a comprehensive and holistic theoretical perspective on risk, based on empirical case studies and ethnographic enquiry. As a selection of Asa Boholm's publications throughout her career, along with a newly written introduction overviewing the field, this book provides a unified perspective on risk as a construct shaped by social and cultural contexts.This collection should be of interest to students and scholars of risk communication, risk management, environmental planning, environmental management and environmental and applied anthropology.

Anthropology and Risk (Paperback): Asa Boholm Anthropology and Risk (Paperback)
Asa Boholm
R1,377 Discovery Miles 13 770 Ships in 12 - 17 working days

Drawing on theory from anthropology, sociology, organisation studies and philosophy, this book addresses how the perception, communication and management of risk is shaped by culturally informed and socially embedded knowledge and experience. It provides an account of how interpretations of risk in society are conditioned by knowledge claims and cultural assumptions and by the orientationof actors based on roles, norms, expectations, identities, trust and practical rationality within a lived social world. By focusing on agency, social complexity and the production and interpretation of meaning, the book offers a comprehensive and holistic theoretical perspective on risk, based on empirical case studies and ethnographic enquiry. As a selection of Asa Boholm's publications throughout her career, along with a newly written introduction overviewing the field, this book provides a unified perspective on risk as a construct shaped by social and cultural contexts.This collection should be of interest to students and scholars of risk communication, risk management, environmental planning, environmental management and environmental and applied anthropology.

Enterprise Risk Management (2nd Edition) (Hardcover, 2nd Revised edition): David L. Olson, Desheng Dash Wu Enterprise Risk Management (2nd Edition) (Hardcover, 2nd Revised edition)
David L. Olson, Desheng Dash Wu
R2,251 Discovery Miles 22 510 Ships in 12 - 17 working days
A Toolkit for Department Chairs (Hardcover): Jeffrey L. Buller, Robert E Cipriano A Toolkit for Department Chairs (Hardcover)
Jeffrey L. Buller, Robert E Cipriano
R1,588 Discovery Miles 15 880 Ships in 12 - 17 working days

A Toolkit for Department Chairs is designed to give academic administrators the skills they need in order to do their jobs more effectively. Combining case studies, scenarios, practical advice, and problem solving activities, the book offers chairs a valuable resource for negotiating the real-life challenges they face as academic leaders. Many of the case studies and scenarios included in this book have been field tested by the co-authors in over thirty years of administrative training workshops. Current and aspiring department chairs will discover many new tools that they can include in their administrative toolkits from this practical, accessible book. A Toolkit for Department Chairs works well as a personal resource as well as a training manual for leadership programs and textbook for pre- and in-service education for department chairs. Some additional key features of this book include: *Practicality in that it offers specific strategies to address the many challenges faced by department chairs. *Adaptability for use as an individual study guide, textbook for leadership programs, or discussion guide for groups of academic administrators. *Utility in that it fills a demonstrated need in the field of higher education since 96-97% of current department chairs have received no formal training in their administrative responsibilities. *Easy of use through short, sometimes humorous scenarios and case studies that cause readers to reflect on their own administrative approaches.

A Toolkit for Department Chairs (Paperback): Jeffrey L. Buller, Robert E Cipriano A Toolkit for Department Chairs (Paperback)
Jeffrey L. Buller, Robert E Cipriano
R866 Discovery Miles 8 660 Ships in 12 - 17 working days

A Toolkit for Department Chairs is designed to give academic administrators the skills they need in order to do their jobs more effectively. Combining case studies, scenarios, practical advice, and problem solving activities, the book offers chairs a valuable resource for negotiating the real-life challenges they face as academic leaders. Many of the case studies and scenarios included in this book have been field tested by the co-authors in over thirty years of administrative training workshops. Current and aspiring department chairs will discover many new tools that they can include in their administrative toolkits from this practical, accessible book. A Toolkit for Department Chairs works well as a personal resource as well as a training manual for leadership programs and textbook for pre- and in-service education for department chairs. Some additional key features of this book include: *Practicality in that it offers specific strategies to address the many challenges faced by department chairs. *Adaptability for use as an individual study guide, textbook for leadership programs, or discussion guide for groups of academic administrators. *Utility in that it fills a demonstrated need in the field of higher education since 96-97% of current department chairs have received no formal training in their administrative responsibilities. *Easy of use through short, sometimes humorous scenarios and case studies that cause readers to reflect on their own administrative approaches.

Practical Ideas for Cutting Costs and Ways to Generate Alternative Revenue Sources (Paperback): Tim L. Adsit, George Murdock Practical Ideas for Cutting Costs and Ways to Generate Alternative Revenue Sources (Paperback)
Tim L. Adsit, George Murdock
R2,321 Discovery Miles 23 210 Ships in 12 - 17 working days

At no time in the history of public education has there been such a dramatic discrepancy between accelerated standards and expectations and adequate funding for our schools. Much has been written about how to achieve new expectations in the realm of student achievement and the need for accountability and the restructuring of how education dollars are spent. Unfortunately, most of the input regarding the need for "belt-tightening" is unaccompanied by tangible solutions or suggestions and results only in hollow rhetoric or convenient political sound bytes. This journey into meaningful avenues for cost-savings in public education is clearly an exception. Any school official who reads this book will find a number of viable possibilities for saving money. The authors offer time-tested, practical ideas, which are proven to work. Features cost-saving tips for: * District and school-level administration * Curriculum, instruction, vocational and special education, student services, and media * Building and grounds, maintenance, pupil transportation, and food services * Community colleges The authors briefly review the literature for: * Managing decline in resources and discuss the problem of declining funds for schools and solution strategies * Generating alternative revenue sources in education Samples of strategic plans are also included. For educational administrators, state governors and senators, school boards, and school business officials.

Disasters - Learning the Lessons for a Safer World (Paperback): David Eves Disasters - Learning the Lessons for a Safer World (Paperback)
David Eves
R1,509 Discovery Miles 15 090 Ships in 12 - 17 working days

This is a reprint of ISBN 978-0-901357-46-5 Disasters: learning the lessons for a safer world is both a tribute to the victims of past safety failures and a warning against complacency and cutting corners today. It also recognises the achievements of health and safety professionals and others in learning the lessons of past mistakes. As Trevor Kletz has written, "Someone has paid the 'tuition fess'. There is no need for you to pay them again." Illustrated throughout in colour, the book looks at over 90 accidents, incidents and safety failures. Some, like Aberfan, Chernobyl and Hillsborough, are known simply by a single place name. Others have now faded from our collective consciousness but still have important lessons for us today, such as the early fires, explosions and mining disasters that paved the way for better safety management. Disasters: learning the lessons for a safer world offers: a description of events from 1800 to the present day a wide range of incidents, from explosions and fires to floods, pollution and human and animal ill health information on the background to each incident, what happened and the lessons that were learnt an exploration of the politics of disaster and risk reduction

Risky Rewards - How Company Bonuses Affect Safety (Hardcover, New Ed): Andrew Hopkins, Sarah Maslen Risky Rewards - How Company Bonuses Affect Safety (Hardcover, New Ed)
Andrew Hopkins, Sarah Maslen
R2,333 Discovery Miles 23 330 Ships in 12 - 17 working days

Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.

A Short Guide to Climate Change Risk (Paperback, New Ed): Nigel Arnell A Short Guide to Climate Change Risk (Paperback, New Ed)
Nigel Arnell
R1,064 Discovery Miles 10 640 Ships in 12 - 17 working days

Climate change poses a risk to business operations and to markets, and a poor business response to this risk can lead to reputational damage, or worse. At the same time, climate change can bring opportunities for some businesses. In this addition to Gower's series of Short Guides to Business Risk, Professor Arnell, one of the world's leading experts in the field, reviews this critical area of risk posed to businesses and other organisations by climate change and considers how they can respond to this threat. A Short Guide to Climate Change Risk focuses on the impacts and consequences of climate change rather than on business use of energy or business and 'sustainability' issues. The author examines the advantages and disadvantages of different approaches to addressing these risks, with international case study examples. With chapters on the nature, science and politics of climate change, on the assessment and management of climate change risks, and recommendations for incorporating climate change risks into a Company Risk Management System, this concise guide serves the needs of business students and practitioners across a wide range of sectors, public and private.

International Perspectives on Student Behavior - What We Can Learn (Hardcover): Charles J. Russo, Izak Oosthuizen, Charl C.... International Perspectives on Student Behavior - What We Can Learn (Hardcover)
Charles J. Russo, Izak Oosthuizen, Charl C. Wolhuter
R1,927 Discovery Miles 19 270 Ships in 12 - 17 working days

The second volume of companion books on comparative student discipline identifies the best practices in dealing with student misconduct, on six continents, in a legally sound manner. It is essential for educators to examine national as well as international practices addressing student misconduct in schools because learner misbehavior often has a detrimental effect on the quality of teaching and learning in elementary and secondary schools. The countries covered are Brazil, China, Malaysia, Turkey and South Africa.

A Teacher's Guide to Organizational Strategies for Thinking and Writing (Paperback): Billie F. Birnie A Teacher's Guide to Organizational Strategies for Thinking and Writing (Paperback)
Billie F. Birnie
R558 Discovery Miles 5 580 Ships in 12 - 17 working days

A Guide to Organizational Strategies for Thinking and Writing offers teachers and students ten patterns for arranging ideas that will expand their repertoire of organizational skills. Each pattern is illustrated by passages that model the strategy, and each is accompanied by an assignment that invites application and practice. Models that encompass a wide range of subjects-literature, history, science, mathematics-are provided for students in the early grades, in middle school, and in high school or college. Teachers will find the first part of the book helpful in planning writing instruction, not just for language arts but for any subject that requires English exposition. Students, from emerging to accomplished writers, will benefit from reading the passages and completing the assignments. The strategies include six basic approaches-chronological, spatial, topical, comparison, contrast, comparison contrast-and four less well-known patterns-traditional narrative, point counterpoint, question-answer, and extended analogy. The book concludes with a lesson in modeling rhythm and rhyme in poetry. Some other key features of this book include: *Ready-to-use assignments *A bonus lesson on modeling rhythm and rhyme *Leads to additional resources *An introduction to modeling prose passages

Decision Theory With Imperfect Information (Hardcover): Rafik Aziz Aliev, Oleg H. Huseynov Decision Theory With Imperfect Information (Hardcover)
Rafik Aziz Aliev, Oleg H. Huseynov
R4,459 Discovery Miles 44 590 Ships in 10 - 15 working days

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.

The Reputation Risk Handbook - Surviving and Thriving in the Age of Hyper-Transparency (Paperback): Andrea Bonime-Blanc The Reputation Risk Handbook - Surviving and Thriving in the Age of Hyper-Transparency (Paperback)
Andrea Bonime-Blanc
R1,044 Discovery Miles 10 440 Ships in 12 - 17 working days

This book will show you how to build a sustainable reputation risk management framework and how to handle your next reputation risk crisis. It will help you identify ways in which reputation risk can impact bottom line, and then show you how to set up a framework for turning that risk into an opportunity for good, sustainable business. Reputation risk is a strategic risk and a potentially material risk, all the more so in the 'age of hyper-transparency'. This needs to be clearly understood by both management and boards of directors so that the people tasked with reputation risk have the support they need to align their reputation risk management with business strategy and planning. The Reputation Risk Handbook provides a clear framework to identify, manage and resolve reputation risk, including: A clear description of what reputation risk is and how it fits within the pantheon of corporate and institutional risk and strategic management A practical process for creating early warning systems and on-going management and monitoring of reputation risks Techniques for aligning reputation risk management with business strategy and business planning Several case studies, including examples of when reputation risk management has gone wrong Examples of how to manage specific reputation risks successfully or deal with a reputation risk crisis. The Reputation Risk Handbook is not just for practitioners - those who manage risk and reputation directly - but for those who have oversight of risk management - namely boards, their committees and the c-suite. In addition to a framework for practitioners, the book provides specific suggestions for boards, including questions to ask management and what to look for within their organizations.

Risk, Surprises and Black Swans - Fundamental Ideas and Concepts in Risk Assessment and Risk Management (Paperback): Terje Aven Risk, Surprises and Black Swans - Fundamental Ideas and Concepts in Risk Assessment and Risk Management (Paperback)
Terje Aven
R1,689 Discovery Miles 16 890 Ships in 12 - 17 working days

Risk, Surprises and Black Swans provides an in depth analysis of the risk concept with a focus on the critical link between knowledge; and the lack of knowledge, that risk and probability judgements are based on. Based on technical scientific research, this book presents a new perspective to help you understand how to assess and manage surprising, extreme events, known as 'Black Swans'. This approach looks beyond the traditional probability-based principles to offer a broader insight into the important aspects of uncertain events and in doing so explores the ways to manage them. This book recognises the fundamental issues surrounding risk assessment and risk management to help you to understand and prepare for black swan events. Complete with international examples to illustrate ideas and concepts Integrates risk management and resilience based thinking Suitable for a variety of applications including engineering, finance and security.

Race, Gender and the Activism of Black Feminist Theory - Working with Audre Lorde (Hardcover): Suryia Nayak Race, Gender and the Activism of Black Feminist Theory - Working with Audre Lorde (Hardcover)
Suryia Nayak
R4,351 Discovery Miles 43 510 Ships in 12 - 17 working days

Beginning from the premise that psychology needs to be questioned, dismantled and new perspectives brought to the table in order to produce alternative solutions, this book takes an unusual transdisciplinary step into the activism of Black feminist theory. The author, Suryia Nayak, presents a close reading of Audre Lorde and other related scholars to demonstrate how the activism of Black feminist theory is concerned with issues central to radical critical thinking and practice, such as identity, alienation, trauma, loss, the position and constitution of individuals within relationships, the family, community and society. Nayak reveals how Black feminist theory seeks to address issues that are also a core concern of critical psychology, including individualism, essentialism and normalization. Her work grapples with several issues at the heart of key contemporary debates concerning methodology, identity, difference, race and gender. Using a powerful line of argument, the book weaves these themes together to show how the activism of Black feminist theory in general, and the work of Audre Lorde in particular, can be used to effect social change in response to the damaging psychological impact of oppressive social constructions. Race, Gender and the Activism of Black Feminist Theory will be of great interest to advanced students, researchers, political activist and practitioners in psychology, counselling, psychotherapy, mental health, social work and community development.

Errors in Evidence-Based Decision Making - Improving and Applying Research Literacy (Paperback): Robert W. Janke, Bruce S.... Errors in Evidence-Based Decision Making - Improving and Applying Research Literacy (Paperback)
Robert W. Janke, Bruce S. Cooper
R1,106 Discovery Miles 11 060 Ships in 12 - 17 working days

Existing research methods textbooks emphasize the mechanics of HOW to conduct research studies. However, many students fail to see WHY it is important to learn about research because they will never conduct research studies. These students do not become engaged in learning and believe that research courses and textbooks are useless. They do not see the need of developing "research literacy" to understand the applications and limitations of research to their daily lives. This book engages students with a nonmathematical presentation that includes real examples of the consequences of research errors in daily life. The organization facilitates learning with objectives, concepts, description of errors, best practices, and examples. This is a research methods textbook for students who fear research textbooks. The diversity of topics in this book permits application to research methods courses in these academic fields: Economics, Education, Political Science, Psychology, and Sociology. This should be the first book for all students to introduce research and develop "research literacy".

Neuroscience and the Economics of Decision Making (Paperback): Alessandro Innocenti Neuroscience and the Economics of Decision Making (Paperback)
Alessandro Innocenti
R1,708 Discovery Miles 17 080 Ships in 12 - 17 working days

In the last two decades there has been a flourishing research carried out jointly by economists, psychologists and neuroscientists. This meltdown of competences has lead towards original approaches to investigate the mental and cognitive mechanisms involved in the way the economic agent collects, processes and uses information to make choices. This research field involves a new kind of scientist, trained in different disciplines, familiar in managing experimental data, and with the mathematical foundations of decision making. The ultimate goal of this research is to open the black-box to understandthe behavioural and neural processes through which humans set preferences and translate these behaviours into optimal choices. This volume intends to bring forward new results and fresh insights into this matter.

International Health and Safety at Work Revision Guide - for the NEBOSH International General Certificate in Occupational... International Health and Safety at Work Revision Guide - for the NEBOSH International General Certificate in Occupational Health and Safety (Hardcover, 3rd edition)
Ed Ferrett
R4,075 Discovery Miles 40 750 Ships in 12 - 17 working days

1. Fully aligned to the NEBOSH International Certificate in Health and Safety (IGC) 2019 syllabus 2. An authoritative and helpful study guide for the c.30,000 students a year worldwide pursuing the IGC qualification 3. Written by renowned health and safety expert and former NEBOSH Vice Chairman Dr Ed Ferrett 4. Accessible text design, clearly mapping out key learning outcomes and revision points for easy learning and memorization 5. Companion guide to the 4th edition of the renowned International Health and Safety at Work textbook

Trust in Cooperative Risk Management - Uncertainty and Scepticism in the Public Mind (Paperback): Michael Siegrist Trust in Cooperative Risk Management - Uncertainty and Scepticism in the Public Mind (Paperback)
Michael Siegrist; Timothy C. Earle; Edited by Heinz Gutscher
R988 Discovery Miles 9 880 Ships in 12 - 17 working days

Trust is an important factor in risk management, affecting judgements of risk and benefit, technology acceptance and other forms of cooperation. In this book the world's leading risk researchers explore all aspects of trust as it relates to risk management and communication. Drawing on a wide variety of disciplinary approaches and empirical case studies (on topics such as mobile phone technology, well-known food accidents and crises, wetland management, smallpox vaccination, cooperative risk management of US forests and the disposal of the Brent Spar oil drilling platform), this is the most thorough and up-to-date examination of trust in all its forms and complexities. The book integrates diverse research traditions and provides new insights into the phenomenon of trust. Factors that lead to the establishment and erosion of trust are identified. Insightful analyses are provided for researchers and students of environmental and social science and professionals engaged in risk management and communication in both public and private sectors. Related titles The Tolerability of Risk (2007) 978-1-84407-398-6

Risk Management for Central Banks and Other Public Investors (Hardcover): Ulrich Bindseil, Fernando Gonzalez, Evangelos Tabakis Risk Management for Central Banks and Other Public Investors (Hardcover)
Ulrich Bindseil, Fernando Gonzalez, Evangelos Tabakis
R3,953 Discovery Miles 39 530 Ships in 12 - 17 working days

Domestic and foreign financial assets of all central banks and public wealth funds world wide are estimated to have reached more than 12 trillion US dollars in 2007. How do these institutions manage such unprecedented growth in their financial assets and how have they responded to the 'revolution' of risk management techniques during the last fifteen years? This book surveys the fundamental issues and techniques associated with risk management and shows how central banks and other public investors can create better risk management systems. Each chapter looks at a specific area of risk management, first presenting general problems and then showing how these materialize in the special case of public institutions. Written by a team of risk management experts from the European Central Bank, this much-needed survey is an ideal resource for those concerned with the increasingly important task of managing risk in central banks and other financial institutions.

Risk: A Study Of Its Origins, History And Politics (Hardcover): Matthias Beck, Beth Kewell Risk: A Study Of Its Origins, History And Politics (Hardcover)
Matthias Beck, Beth Kewell
R3,644 Discovery Miles 36 440 Ships in 12 - 17 working days

Over a period of several centuries, the academic study of risk has evolved as a distinct body of thought, which continues to influence conceptual developments in fields such as economics, management, politics and sociology. However, few scholarly works have given a chronological account of cultural and intellectual trends relating to the understanding and analysis of risks. Risk: A Study of its Origins, History and Politics aims to fill this gap by providing a detailed study of key turning points in the evolution of society's understanding of risk. Using a wide range of primary and secondary materials, Matthias Beck and Beth Kewell map the political origins and moral reach of some of the most influential ideas associated with risk and uncertainty at specific periods of time. The historical focus of the book makes it an excellent introduction for readers who wish to go beyond specific risk management techniques and their theoretical underpinnings, to gain an understanding of the history and politics of risk.

Transboundary Risk Governance (Paperback): Rolf Lidskog, Linda Soneryd, Ylva Uggla Transboundary Risk Governance (Paperback)
Rolf Lidskog, Linda Soneryd, Ylva Uggla; Foreword by Alan Irwin
R1,380 Discovery Miles 13 800 Ships in 12 - 17 working days

Governing environmental risk, particularly large-scale transboundary risks associated with climate change and pollution, is one of the most pressing problems facing society . This book focuses on a set of key questions relating to environmental regulation: How are activities regulated in a fragmented world - a world of nation states, regulators, domestic and international law and political contests - and one in which a range of actors, such as governments, corporations and NGOs act in order to influence regulations in specific policy areas? How are complex and trans-boundary environmental issues managed? What role does expert knowledge play in regulating this kind of issues? What give rules authority? In short, how do actors try to render an issue governable? Drawing on regulation theory, discourse theory and science and technology studies, and employing original research, the authors analyse the regulation of four kinds of complex and trans-boundary environmental issues: oil protection in the Baltic Sea, mobile phones and radiation protection, climate change adaptation and genetically modified crops. The outcomes include insights for policymakers, regulators and researchers into how dominant frames are constructed, legitimate actors are configured and authority is established. This in turn exposes the conditions for, and possibility of, developing regulation, making authoritative rules and shaping relevant knowledge in order to govern complex environmental risks.

Interactive Decision Making - The Graph Model for Conflict Resolution (Hardcover): L. Fang Interactive Decision Making - The Graph Model for Conflict Resolution (Hardcover)
L. Fang
R5,745 Discovery Miles 57 450 Ships in 10 - 15 working days

This is an introduction to a flexible tool for use in strategic management within a competitive environment. Based upon ideas from both graph theory and game theory, the method offers several distinct advantages. It can handle a finite number of decision-makers, each of whom controls a number of actions. The graph model can describe and distinguish reversible and irreversible moves. Most importantly, the graph model forms a solid framework upon which solution concepts for describing human behaviour can be defined, assessed and compared This book is accompanied by a computer disk, which is explained and illustrated in the appendix. In addition, the text provides a summary of how to apply the graph model to practical problems Each chapter concludes with a set of problems, which serve to clarify important points and ensure comprehension

Future Perspectives in Risk Models and Finance (Hardcover, 2015 ed.): Alain Bensoussan, Dominique Guegan, Charles S. Tapiero Future Perspectives in Risk Models and Finance (Hardcover, 2015 ed.)
Alain Bensoussan, Dominique Guegan, Charles S. Tapiero
R2,969 Discovery Miles 29 690 Ships in 10 - 15 working days

This book provides a perspective on a number of financial modelling analytics and risk management. The book begins with extensive outline of GLM estimation techniques combined with the proof of its fundamental results. Applications of static and dynamic models provide a unified approach to the estimation of nonlinear risk models. The book then examines the definition of risks and their management, with particular emphasis on the importance of bi-modal distributions for financial regulation. Chapters also cover the implications of stress testing and the noncyclical CAR (Capital Adequacy Rule). The next section highlights financial modelling analytic approaches and techniques including an overview of memory based financial models, spanning non-memory models, long run and short memory. Applications of these models are used to highlight their variety and their importance to Financial Analytics. Subsequent chapters offer an extensive overview of multi-fractional models and their important applications to Asset price modeling (from Fractional to Multi-fractional Processes), and a look at the binomial pricing model by discussing the effects of memory on the pricing of asset prices. The book concludes with an examination of an algorithmic future perspective to real finance.

The chapters in "Future Perspectives in Risk Models and Finance" are concerned with both theoretical and practical issues. Theoretically, financial risks models are models of certainty, based on information and rules that are both available and agree to by their user. Empirical and data finance however, has provided a bridge between theoretical constructs risks models and the empirical evidence that these models entail. Numerous approaches are then used to model financial risk models, emphasizing mathematical and stochastic models based on the fundamental theoretical tenets of finance and others departing from the fundamental assumptions of finance. The underlying mathematical foundations of these risks models provide a future guideline for risk modeling. Both static and dynamic risk models are then considered. The chapters in this book provide selective insights and developments, that can contribute to a greater understanding the complexity of financial modelling and its ability to bridge financial theories and their practice. Risk models are models of uncertainty, and therefore all risk models are an expression of perceptions, priorities, needs and the information we have. In this sense, all risks models are complex hypotheses we have constructed and based on what we have or believe . Risk models are then challenged by their definition, are risk definition defining in fact prospective risks? By their estimation, what data can we apply to estimate risk processes and how can we do so? How should we use the data and the models at hand for useful and constructive end. "

Fuzzy Multiple Objective Decision Making (Hardcover, New): Gwo-Hshiung Tzeng, Jih-Jeng Huang Fuzzy Multiple Objective Decision Making (Hardcover, New)
Gwo-Hshiung Tzeng, Jih-Jeng Huang
R5,267 Discovery Miles 52 670 Ships in 12 - 17 working days

Multi-objective programming (MOP) can simultaneously optimize multi-objectives in mathematical programming models, but the optimization of multi-objectives triggers the issue of Pareto solutions and complicates the derived answers. To address these problems, researchers often incorporate the concepts of fuzzy sets and evolutionary algorithms into MOP models. Focusing on the methodologies and applications of this field, Fuzzy Multiple Objective Decision Making presents mathematical tools for complex decision making. The first part of the book introduces the most popular methods used to calculate the solution of MOP in the field of multiple objective decision making (MODM). The authors describe multi-objective evolutionary algorithms; expand de novo programming to changeable spaces, such as decision and objective spaces; and cover network data envelopment analysis. The second part focuses on various applications, giving readers a practical, in-depth understanding of MODM. A follow-up to the authors' Multiple Attribute Decision Making: Methods and Applications, this book guides practitioners in using MODM methods to make effective decisions. It also extends students' knowledge of the methods and provides researchers with the foundation to publish papers in operations research and management science journals.

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