Design Decisions under Uncertainty with Limited Information

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Design Decisions under Uncertainty with Limited Information

Author: Efstratios Nikolaidis- Zissimos P. Mourelatos | Size: 3 MB | Format: PDF | Quality: Unspecified | Publisher: CRC Press | Year: 1 edition (February 18, 2011) | pages: 538 | ISBN: 0415492475

book explains theories and tools to represent uncertainty using both data and expert judgment. It teaches the reader how to make design or business decisions when there is limited information with these tools. Readers will learn a structured, risk-based approach, which is based on common sense principles, for design and business decisions. These decisions are consistent with the decision-maker’s risk attitude.

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