Possibility for Decision: A Possibilistic Approach to Real Life Decisions

This book starts with the basic concepts of fuzzy sets and progresses through a normative view on possibility distributions and OWA operators in multiple criteria decisions. Five applications (that all build on experience from solving complex real world problems) of possibility distributions to strategic decisions about closing/not closing a production plant using fuzzy real options, portfolio selection with imprecise future data, predictive probabilities and possibilities for risk assessment in grid computing, fuzzy ontologies for process industry, and design (and implementation) of mobile value services are presented and carefully discussed. It can be useful for researchers and students working in soft computing, real options, fuzzy decision making, grid computing, knowledge mobilization and mobile value services.Additional ISBNs9783642226410Possibility for Decision: A Possibilistic Approach to Real Life Decisions is written by Christer Carlsson; Robert Fuller and published by Springer. ISBNs for Possibility for Decision are 9783642226427, 3642226426 and the print ISBNs are 9783642271281, 3642271286. Additional ISBNs include 9783642226410.