Planning and Control under Risk
CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
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This report describes work in the modelling of stochastic phenomena and the development of decision-making techniques under risk and uncertainty. Research areas which received major emphasis were 1 Basic risk decision models, with emphasis on determining the structure of optimal policies and examining the implications of different risk objectives 2 Problems of data collection, estimation, and updating for realistic decision models.
- Administration and Management
- Operations Research