Smart Decisions in Complex Systems
Smart Decisions in Complex Systems

Author: Pierre Massotte

Publisher: John Wiley & Sons

Published: 2017-07-06

Total Pages: 382

ISBN-13: 1119368693

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Faced with ever-increasing complexity on a daily basis, the decision-makers of today are struggling to find the appropriate models, methods and tools to face the issues arising in complex systems across all levels of global operations. Having, in the past, resorted to outdated approaches which limit problem-solving to linear world views, we must now capitalize on complexities in order to succeed and progress in our society. This book provides a guide to harnessing the wealth inherent to complex systems. It organizes the transition to complex decision-making in all business spheres while providing many examples in various application domains. The authors offer fresh developments for understanding and mastering the global “uberization” of the economy, the post-modern management of computer-assisted production and the rise of cognitive robotics science applications.

Management and Intelligent Decision-Making in Complex Systems: An Optimization-Driven Approach
Management and Intelligent Decision-Making in Complex Systems: An Optimization-Driven Approach

Author: Ameer Hamza Khan

Publisher: Springer Nature

Published: 2020-10-29

Total Pages: 91

ISBN-13: 9811593922

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In this book, the authors focus on three aspects related to the development of articulated agents: presenting an overview of high-level control algorithms for intelligent decision-making of articulated agents, experimental study of the properties of soft agents as the end-effector of articulated agents, and accurate management of low-level torque-control loop to accurately control the articulated agents. This book summarizes recent advances related to articulated agents. The motive behind the book is to trigger theoretical and practical research studies related to articulated agents.

Smart Choices
Smart Choices

Author: John S. Hammond

Publisher: Harvard Business School Press

Published: 2015-08

Total Pages: 256

ISBN-13: 9781633691049

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Where should I live? Is it time to get a new job? Which job candidate should I hire? What business strategy should I pursue? We spend the majority of our lives making decisions, both big and small. Yet, even though our success is largely determined by the choices that we make, very few of us are equipped with useful decision-making skills. Because of this, we often approach our choices tentatively, or even fearfully, and avoid giving them the time and thought required to put our best foot forward. In Smart Choices, John Hammond, Ralph Keeney, and Howard Raiffa--experts with over 100 years of experience resolving complex decision problems--offer a proven, straightforward, and flexible roadmap for making better and more impactful decisions, and offer the tools to achieve your goals in every aspect of your life. Their step-by-step, divide-and conquer approach will teach you how to: * Evaluate your plans * Break your potential decision into its key elements * Identify the key drivers that are most relevant to your goals * Apply systematic thinking * Use the right information to make the smartest choice Smart Choices doesn’t tell you what to decide; it tells you how. As you routinely use the process, you’ll become more confident in your ability to make decisions at work and at home. And, more importantly, by applying its time-tested methods, you’ll make better decisions going forward. Be proactive. Don’t wait until a decision is forced on you--or made for you. Seek out decisions that advance your long-term goals, values, and beliefs. Take charge of your life by making Smart Choices a lifetime habit.

Intelligent Transportation Related Complex Systems and Sensors
Intelligent Transportation Related Complex Systems and Sensors

Author: Kyandoghere Kyamakya

Publisher: MDPI

Published: 2021-09-01

Total Pages: 494

ISBN-13: 3036508481

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Building around innovative services related to different modes of transport and traffic management, intelligent transport systems (ITS) are being widely adopted worldwide to improve the efficiency and safety of the transportation system. They enable users to be better informed and make safer, more coordinated, and smarter decisions on the use of transport networks. Current ITSs are complex systems, made up of several components/sub-systems characterized by time-dependent interactions among themselves. Some examples of these transportation-related complex systems include: road traffic sensors, autonomous/automated cars, smart cities, smart sensors, virtual sensors, traffic control systems, smart roads, logistics systems, smart mobility systems, and many others that are emerging from niche areas. The efficient operation of these complex systems requires: i) efficient solutions to the issues of sensors/actuators used to capture and control the physical parameters of these systems, as well as the quality of data collected from these systems; ii) tackling complexities using simulations and analytical modelling techniques; and iii) applying optimization techniques to improve the performance of these systems.

Complex Decision-Making in Economy and Finance
Complex Decision-Making in Economy and Finance

Author: Pierre Massotte

Publisher: John Wiley & Sons

Published: 2020-01-09

Total Pages: 300

ISBN-13: 1119694981

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Pertinent to modern industry, administration, finance and society, the most pressing issue for firms today is how to reapproach the way we think and work in business. With topics ranging from improving productivity and coaxing economic growth after periods of market inactivity, Complex Decision-Making in Economy and Finance offers pragmatic solutions for dealing with the critical levels of disorder and chaos that have developed throughout the modern age. This book examines how to design complex products and systems, the benefits of collective intelligence and self-organization, and the best methods for handling risks in problematic environments. It also analyzes crises and how to manage them. This book is of benefit to companies and public bodies with regards to saving assets, reviving fortunes and laying the groundwork for robust, sustainable societal dividends. Examples, case studies, practical hints and guidelines illustrate the topics, particularly in finance.

Intelligent Decision Technologies 2016
Intelligent Decision Technologies 2016

Author: Ireneusz Czarnowski

Publisher: Springer

Published: 2016-06-13

Total Pages: 465

ISBN-13: 3319396277

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The KES-IDT-2016 proceedings give an excellent insight into recent research, both theoretical and applied, in the field of intelligent decision making. The range of topics explored is wide, and covers methods of grouping, classification, prediction, decision support, modelling and many more in such areas as finance, linguistics, medicine, management and transportation. This proceedings contain several sections devoted to specific topics, such as: · Specialized Decision Techniques for Data Mining, Transportation and Project Management · Pattern Recognition for Decision Making Systems · New Advances of Soft Computing in Industrial and Management Engineering · Recent Advances in Fuzzy Systems · Intelligent Data Analysis and Applications · Reasoning-based Intelligent Systems · Intelligent Methods for Eye Movement Data Processing and Analysis · Intelligent Decision Technologies for Water Resources Management · Intelligent Decision Making for Uncertain Unstructured Big Data · Decision Making Theory for Economics · Interdisciplinary Approaches in Business Intelligence Research and Practice · Pattern Recognition in Audio and Speech Processing The KES-IDT conference is a well-established international annual conference, interdisciplinary in nature. These two volumes of proceedings form an excellent account of the latest results and outcomes of recent research in this leading-edge area.

Judgment and Decision Making
Judgment and Decision Making

Author: Terry Connolly

Publisher: Cambridge University Press

Published: 2000

Total Pages: 814

ISBN-13: 9780521626026

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This work examines issues such as medical diagnosis, weather forecasting, labour negotiations, risk, public policy, business strategy, eyewitnesses, and jury decisions. This is a revision of Arkes and Hammond's 1986 collection of papers on judgment and decision-making. Updated and extended, the focus of this volume is interdisciplinary and applied.

Problem Solved
Problem Solved

Author: Cheryl Strauss Einhorn

Publisher: Red Wheel/Weiser

Published: 2017-04-17

Total Pages: 240

ISBN-13: 1632659174

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*International Book Awards Finalist It can be messy and overwhelming to figure out how to solve thorny problems. Where do you start? How do you know where to look for information and evaluate its quality and bias? How can you feel confident that you are making a careful and thoroughly researched decision? Whether you are deciding between colleges, navigating a career decision, helping your aging parents find the right housing, or expanding your business, Problem Solved will show you how to use the powerful AREA Method to make complex personal and professional decisions with confidence and conviction. Cheryl’s AREA Method coaches you to make smarter, better decisions because it: Recognizes that research is a fundamental part of decision making and breaks down the process into a series of easy-to-follow steps. Solves for problematic mental shortcuts such as bias, judgment, and assumptions. Builds in strategic stops that help you chunk your learning, stay focused, and make your work work for you. Provides a flexible and repeatable process that acts as a feedback loop. Life is filled with uncertainty, but that uncertainty needn’t hobble us. Problem Solved offers a proactive way to work with, and work through, ambiguity to make thoughtful, confident decisions despite our uncertain and volatile world.

The Great Mental Models, Volume 1
The Great Mental Models, Volume 1

Author: Shane Parrish

Publisher: Penguin

Published: 2024-10-15

Total Pages: 209

ISBN-13: 0593719972

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Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.