Value based modelling and control

Value based modelling and control

Preferences, Utility, Stochastic Approximation

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The book Value Based Modeling and Control (Preferences, Utility, Stochastic Approximation) written by leading Bulgarian specialists in Decision making, presents a new approach to the adaptive mathematical modeling of complex systems, in which human knowledge is decisive to achieve the best result. This book could be useful for researchers and scholars working in the fields where the quantitative decision making is applied. Here are provided a general mathematical paradigm and lots of numerical methods for practitioners that construct Value based models in new applications in sociology, ecology...