SOME NEW APPROACHES TO RISK
CARNEGIE INST OF TECH PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP
Pagination or Media Count:
Relatively recent innovations in methods for risk analysis are here surveyed and related by means of certain linear programming characterizations applied to venture and risk analysis, stochastic decision trees, stochastic linear programming, linear programming under uncertainty, and chance constrained programming. Possibilities for combining these approaches in various ways are also discussed and illustrated by example. Implications are noted for accounting, budgeting and other aspects of management planning.
- Administration and Management
- Statistics and Probability
- Operations Research