Global ETD Search
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Showing 1 to 4 of 4 for “"The Nature of Uncertainty"”.
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Methodological Foundations for Bounded Rationality as a Primary Framework
… economic agents behave in ways different from the maximization of any utility function. Herbert Simon sought to deal with this by positing that individuals do not maximize, but rather "satisfice." This was a radical departure from the traditional economic framework, and one that still has not …
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A Linear Programming Method for Synthesizing Origin-Destination (O-D) Trip Tables from Traffic Counts for Inconsistent Systems
Origin-Destination (O-D) trip tables represent the demand-supply information of each directed zonal-pair in a given region during a given period of time. The effort of this research is to develop a linear programming methodology for estimating O-D trip tables based on observed link volumes. In …
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The Quantification of Perception Based Uncertainty Using R-fuzzy Sets and Grey Analysis
The nature of uncertainty cannot be generically defined as it is domain and context specific. With that being the case, there have been several proposed models, all of which have their own associated benefits and shortcomings. From these models, it was decided that an R-fuzzy approach would provide …
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Managing Uncertainty in Capacity Investment, Revenue Management, and Supply Chain Coordination
"Uncertainty" is used broadly to refer to things that are unknown or incompletely understood. In operations management, basic sources of uncertainty may include decision uncertainty, model uncertainty, analytical uncertainty, data uncertainty, and so on. Although uncertainty is unavoidable in …