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Analysis of Decision-Making Problems with Key State of Nature

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F11%3A51221" target="_blank" >RIV/60460709:41110/11:51221 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Analysis of Decision-Making Problems with Key State of Nature

  • Original language description

    Decision-making is the most important managerial activities of each enterprise. Every day decisions are facing uncertainty of information during decision-making processes. The problem is how to express or use obtained knowledge and in-formation, and howto work with uncertainty. Crossing the border between certainty and uncertainty, it moves our decisions on higher level and gives us key competitive advantage. This is important mainly if the managers have to take into account spe-cific type of event ? crisis situation, situation which can distort or improve results of their decisions or situation with unknown probability of realization. This type of situation can be called Key state of nature. This contribution demonstrates the decision-making processin which this special type of state of nature is included. The aim is to show possible approach of how to analyze and support solving of decision-making problems with key state of nature.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    BB - Applied statistics, operational research

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    Z - Vyzkumny zamer (s odkazem do CEZ)

Others

  • Publication year

    2011

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Mathematical Methods in Economics 2011

  • ISBN

    978-80-7431-058-4

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    70-75

  • Publisher name

    Professional Publishing

  • Place of publication

    Praha

  • Event location

    Jánská dolina, Slovensko

  • Event date

    Sep 6, 2011

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article