Contatto
Come acquistare
Consegna
Guida all'acquisto
Highway Development Decision-Making Under Uncertainty:
Analysis, Critique and Advancement
Inglese
175 b
Fino a 30 giorni per il reso
I clienti hanno acquistato anche
/
In brossura
14.19
€
While decision-making under uncertainty is a universal problem, its implications in the field of transportation systems are especially consequential; where the benefits of right decisions can be substantial, the effects of wrong ones can be disastrous. Development decisions involving highways must incorporate traffic demand and land price. In the literature, these and other uncertainties are almost universally modeled using Geometric Brownian Motion (GBM). The book challenges this blanket assumption. Its vivid analysis of many aspects of transportation decision-making reveals novel findings including the new concept of Opportunity Cost of Wrong Decisions. Through empirical tests, the author invalidates one real-option application of the GBM model while corroborating the applicability of several others from the class of Lévy jump models. Despite similarity of model end results, the improvements in model precision further the quest for optimality and much more. Comprehensive and thorough, the book appeals to a wide range of readers including decision-makers, engineers, planners, academicians, researchers, politicians and others curious about any of the above topics.
Informazioni sul libro
Inglese
Regala questo libro oggi stesso
È facile
1 Aggiungi il libro al carrello e scegli la consegna come regalo 2 Ti invieremo subito il buono 3 Il libro arriverà all'indirizzo del destinatarioPotrebbe interessarti anche
/
In brossura
14.89
€
/
In brossura
115.59
€
/
In brossura
234.49
€
/
In brossura
20.09
€
/
In brossura
15.39
€
/
In brossura
12.89
€
Ciao! Sono Libroamiko, il tuo consulente di libri.
Come posso aiutarti?