• Modern Optimization Methods for Decision Making Under Risk and Uncertainty

Modern Optimization Methods for Decision Making Under Risk and Uncertainty

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Est. Date: Dec 25, 2025

"Uncertainties, risks, and disequilibria are pervasive characteristics of modern socio-economic, technological, and environmental systems involving interactions among various factors in economy, technology and nature. The systems are characterized by interdependencies, discontinuities, endogenous risks and thresholds, requiring non-smooth quantile-based performance indicators, goals and constraints for their explaining and planning. The two-stage stochastic optimization with stochastic quasi-gradients enables designing a robust portfolio of interdependent precautionary strategic and adaptive operational decisions making the systems resilient with respect to potential uncertainties and risks"--

  • Author(s): Alexei A. Gaivoronski, Pavlo S Knopov, Volodymyr A Zaslavskyi
  • Publisher: CRC Press LLC
  • Language: en
  • Pages: 380
  • Binding: Paperback
  • Edition: 1
  • Published: 2025-01-30
  • Dimensions: Height: 9.21 inches, Length: 6.14 inches, Weight: 1.1904962148 Pounds, Width: 0.8 inches
  • Estimated Delivery: Dec 25, 2025
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