Optimisation of Production Under Uncertainty The State-Contingent Approach

The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.

A propos de l'auteur

Svend Rasmussen is a senior associate professor at Institute of Food and Resource Economics, University of Copenhagen where he teaches bachelor, master and PhD students and carries out research within the area of production economics. He has a PhD from The Royal Veterinary and Agricultural University, Copenhagen, and a doctor's degree in empirical analysis of risk in agriculture. He has been a visiting scholar at University of California, Berkeley, University of New England, Armidale, Australia, and visiting professor at University of Kiel, Germany. He has published internationally within areas like stochastic frontier analysis of productivity changes in agriculture, development of micro-based agricultural sector models, and risk management based on the state-contingent approach to optimizing production under uncertainty.

Résumé

The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty.

Détails du produit

• Auteurs: Svend Rasmussen
• Edition: Springer, Berlin
• Contenu: Livre
• Forme du produit: Livre de poche
• Date de parution: 31.08.2011
• Catégorie: Sciences sociales, droit, économie > Economie > Economie publique
• EAN: 9783642216855
• ISBN: 978-3-642-21685-5
• Nombre de pages: 81
• Illustrations: VIII, 81 p. 20 illus.
• Dimensions (emballage): 15,6 x 0,7 x 23,7 cm
• Poids (emballage): 155 g
• Thème: SpringerBriefs in Economics; SpringerBriefs in Economics
• Catégories: C, Economic theory & philosophy, Economics and Finance, Economic Theory, Operations Management, Management science, Management of specific areas, Quantitative Economics, Production management, Microeconomics, Economic Theory/Quantitative Economics/Mathematical Methods