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These proceedings gather contributions presented at the 1st International Conference on Applied Operational Research (ICAOR 2008) in Yerevan, Armenia, September 15-17, 2008, published in the series Lecture Notes in Management Science (LNMS). The conference covers all aspects of Operational Research and Management Science (OR/MS) with a particular emphasis on applications.
The articles in this proceedings volume reflect the current trends in the theory of approximation, optimization and mathematical economics, and include numerous applications. The book will be of interest to researchers and graduate students involved in functional analysis, approximation theory, mathematical programming and optimization, game theory, mathematical finance and economics.
This volume of 23 essays on diverse aspects of the complex and challenging concept of "decent work" has its inception in the "Impulses of Salzburg 2009". Questions of decent work and decent unemployment have become especially salient in times of an economic and financial crisis. The establishment of decent working conditions and decent unemployment provisions - a complex matter of securing the right ethical mix of security and incentives - are perceived as major challenges not only for developing and undeveloped countries, which still don't have stable economies and where the rate of poverty and corruption is still high, but also for "developed" societies themselves.
Digital Phenomenology is a report on the philosophical theory of everything. From the first principle, digital philosophy and post-Keynesian economics are proved. The report is technical and aimed toward philosophers, mathematicians, computer scientists, physicists, economists, and political scientists.
What is Preference Economics In economics and other social sciences, the term "preference" refers to the order in which an agent ranks options based on their relative usefulness, often with the goal of finding the "optimal choice." Generally speaking, preferences are assessments that are concerned with considerations of value and are often related to practical reasoning. A person's preferences are not influenced by factors like as the costs of the commodities, their availability, or their own personal income; rather, they are decided solely by the individual's tastes, requirements, and other factors. Classical economics, on the other hand, relies on the assumption that individuals behave in ...
This series of books collects a diverse array of work that provides the reader with theoretical and applied information on data analysis methods, models, and techniques, along with appropriate applications. Volume 1 begins with an introductory chapter by Gilbert Saporta, a leading expert in the field, who summarizes the developments in data analysis over the last 50 years. The book is then divided into three parts: Part 1 presents clustering and regression cases; Part 2 examines grouping and decomposition, GARCH and threshold models, structural equations, and SME modeling; and Part 3 presents symbolic data analysis, time series and multiple choice models, modeling in demography, and data mining.
Explore the complexities of decision-making with "Social Choice Theory," a key volume in the "Political Science" series. This book delves into how societies make collective choices and the underlying mathematical and philosophical foundations. Essential for those interested in governance, policy, and democratic processes, it provides a thorough examination of key concepts and theories in social choice. Each chapter builds on the last, covering topics such as: 1. Social Choice Theory: Core concepts and significance in collective decision-making. 2. Condorcet Paradox: The issue of intransitive collective preferences. 3. Pareto Efficiency: Evaluating outcomes where no one can be better off with...
What is Consumer Choice The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves. It analyzes how consumers maximize the desirability of their consumption, by maximizing utility subject to a consumer budget constraint.Factors influencing consumers' evaluation of the utility of goods include: income level, cultural factors, product information and physio-psychological factors. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Consumer choice Chapter 2: Utility Chapter 3: Indifference curve Chapter 4: Budget constraint Chapter 5: Substitute good Chapter 6: Marginal ra...
What is Marginalism A theory of economics known as marginalism makes an effort to explain the disparity in the value of commodities and services by referring to their secondary utility, also known as marginal utility. It is stated that the reason why the price of diamonds is higher than that of water, for example, is due to the fact that gems provide a bigger added satisfaction than water does. It can be concluded that the diamond has a higher marginal utility, despite the fact that the water has a higher overall utility. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Marginalism Chapter 2: Austrian school of economics Chapter 3: Neoclassical econom...
Operational Research is an important scientific discipline with many new theoretical developments and practical applications. This issue of Lecture Notes in Management Science (LNMS), Volume 10, gathers the abstracts of contributions presented at the series of International Conferences on Applied Operational Research (ICAOR) from 2008 to 2017.