The Measurement of Environmental and Resource Values

The Measurement of Environmental and Resource Values

Author: A. Myrick Freeman

Publisher: Resources for the Future

Published: 2003

Total Pages: 516

ISBN-13: 9781891853623

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Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).


Econometrics: Econometric modeling of producer behavior

Econometrics: Econometric modeling of producer behavior

Author: Dale Weldeau Jorgenson

Publisher: MIT Press

Published: 2000

Total Pages: 594

ISBN-13: 9780262100823

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This volume summarizes the economic theory, the econometric methodology and the empirical findings resulting from the new approach to econometric modelling of producer behaviour.


Demand System Specification and Estimation

Demand System Specification and Estimation

Author:

Publisher:

Published: 1992

Total Pages: 234

ISBN-13: 0195356438

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This study of demand analysis links economic theory to empirical analysis. It demonstrates how theory can be used to specify equation systems suitable for empirical analysis, and discusses demand systems estimation using both per capita time series and household budget data.


Handbook of Utility Theory

Handbook of Utility Theory

Author: Salvador Barbera

Publisher: Springer Science & Business Media

Published: 2004-03-31

Total Pages: 636

ISBN-13: 1402079648

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The standard rationality hypothesis is that behaviour can be represented as the maximization of a suitably restricted utility function. This hypothesis lies at the heart of a large body of recent work in economics, of course, but also in political science, ethics, and other major branches of the social sciences. Though this hypothesis of utility maximization deserves our continued respect, finding further refinements and developing new critiques remain areas of active research. In fact, many fundamental conceptual problems remain unsettled. Where others have been resolved, their resolutions may be too recent to have achieved widespread understanding among social scientists. Last but not least, a growing number of papers attempt to challenge the rationality hypothesis head on, at least in its more orthodox formulation. The main purpose of this Handbook is to make more widely available some recent developments in the area. Yet we are well aware that the final chapter of a handbook like this can never be written as long as the area of research remains active, as is certainly the case with utility theory. The editors originally selected a list of topics that seemed ripe enough at the time that the book was planned. Then they invited contributions from researchers whose work had come to their attention. So the list of topics and contributors is largely the editors' responsibility, although some potential con tributors did decline our invitation. Each chapter has also been refereed, and often significantly revised in the light of the referees' remarks.


Multi-objective Optimization for Bridge Management Systems

Multi-objective Optimization for Bridge Management Systems

Author: National Cooperative Highway Research Program

Publisher: Transportation Research Board

Published: 2007

Total Pages: 139

ISBN-13: 030909898X

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Accompanying CD-ROM contains ... "[u]sers manual and software for NCHRP Report 590: Multi-objective optimization for bridge management systems."--CD-ROM label.


Mathematical Modelling in Science and Technology

Mathematical Modelling in Science and Technology

Author: Xavier J.R. Avula

Publisher: Elsevier

Published: 2014-05-09

Total Pages: 1023

ISBN-13: 1483190595

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Mathematical Modelling in Science and Technology: The Fourth International Conference covers the proceedings of the Fourth International Conference by the same title, held at the Swiss Federal Institute of Technology, Zurich, Switzerland on August 15-17, 1983. Mathematical modeling is a powerful tool to solve many complex problems presented by scientific and technological developments. This book is organized into 20 parts encompassing 180 chapters. The first parts present the basic principles, methodology, systems theory, parameter estimation, system identification, and optimization of mathematical modeling. The succeeding parts discuss the features of stochastic and numerical modeling and simulation languages. Considerable parts deal with the application areas of mathematical modeling, such as in chemical engineering, solid and fluid mechanics, water resources, medicine, economics, transportation, and industry. The last parts tackle the application of mathematical modeling in student management and other academic cases. This book will prove useful to researchers in various science and technology fields.


Foundations of Multiattribute Utility

Foundations of Multiattribute Utility

Author: Ali E. Abbas

Publisher: Cambridge University Press

Published: 2018-06-28

Total Pages: 703

ISBN-13: 1108547583

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Many of the complex problems faced by decision makers involve uncertainty as well as multiple conflicting objectives. This book provides a complete understanding of the types of objective functions that should be used in multiattribute decision making. By using tools such as preference, value, and utility functions, readers will learn state-of-the-art methods to analyze prospects to guide decision making and will develop a process that guarantees a defensible analysis to rationalize choices. Summarizing and distilling classical techniques and providing extensive coverage of recent advances in the field, the author offers practical guidance on how to make good decisions in the face of uncertainty. This text will appeal to graduate students and practitioners alike in systems engineering, operations research, business, management, government, climate change, energy, and healthcare.


Bayesian Models of Perception and Action

Bayesian Models of Perception and Action

Author: Wei Ji Ma

Publisher: MIT Press

Published: 2023-08-08

Total Pages: 409

ISBN-13: 0262047594

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An accessible introduction to constructing and interpreting Bayesian models of perceptual decision-making and action. Many forms of perception and action can be mathematically modeled as probabilistic—or Bayesian—inference, a method used to draw conclusions from uncertain evidence. According to these models, the human mind behaves like a capable data scientist or crime scene investigator when dealing with noisy and ambiguous data. This textbook provides an approachable introduction to constructing and reasoning with probabilistic models of perceptual decision-making and action. Featuring extensive examples and illustrations, Bayesian Models of Perception and Action is the first textbook to teach this widely used computational framework to beginners. Introduces Bayesian models of perception and action, which are central to cognitive science and neuroscience Beginner-friendly pedagogy includes intuitive examples, daily life illustrations, and gradual progression of complex concepts Broad appeal for students across psychology, neuroscience, cognitive science, linguistics, and mathematics Written by leaders in the field of computational approaches to mind and brain