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Coping with Uncertainty

Modeling and Policy Issues
ISBN:
978-3-540-35258-7
Auflage:
2006
Verlag:
Springer, Springer Berlin
Land des Verlags:
Deutschland
Erscheinungsdatum:
21.09.2006
Reihe:
Lecture Notes in Economics and Mathematical Systems
Format:
Softcover
Seitenanzahl:
330
Ladenpreis
109,99EUR (inkl. MwSt. zzgl. Versand)
Lieferung in 3-4 Werktagen Versandkostenfreie Lieferung innerhalb Österreichs bis 31. Jänner 2025

Ongoing global changes bring fundamentally new scientific problems requiring new concepts and tools. A key issue concerns a vast variety of practically irreducible uncertainties, which challenge our traditional models and require new concepts and analytical tools. The uncertainty critically dominantes, e.g., the climate change debates. In short, the dilemma is concerned with enormous costs vs. massive uncertainties of potential extreme impacts. Traditional scientific approaches usually rely on real observations and experiments. Yet no sufficient observations exist for new problems, and "pure" experiments and learning by doing may be very expensive, dangerous, or simply impossible. In addition, available historical observations are contaminated by actions, policies. The complexity of new problems does not allow to achieve enough certainty by increasing the resolution of models or by bringing in more links. Hence, new tools for modeling and management of uncertainty are needed, as given in this book.

Schlagwörter