國立高雄大學圖資館 |

登入

回首頁

The unaffordable price of static decision-making modelschallenges in economics and management science /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	The unaffordable price of static decision-making modelsedited by Fouad El Ouardighi, Gustav Feichtinger.
其他題名:	challenges in economics and management science /
其他作者:	El Ouardighi, Fouad.
出版者:	Cham :Springer Nature Switzerland :2025.
面頁冊數:	xii, 235 p. :ill. (some col.), digital ;24 cm.
Contained By:	Springer Nature eBook
標題:	Decision making
電子資源:	https://doi.org/10.1007/978-3-031-88638-6
ISBN:	9783031886386$q(electronic bk.)

The unaffordable price of static decision-making modelschallenges in economics and management science /
The unaffordable price of static decision-making modelschallenges in economics and management science /[electronic resource] :edited by Fouad El Ouardighi, Gustav Feichtinger. - Cham :Springer Nature Switzerland :2025. - xii, 235 p. :ill. (some col.), digital ;24 cm. - International series in operations research & management science,v. 3652214-7934 ;. - International series in operations research & management science ;v. 140..

Turning the page -- On the use of dynamic models in economics -- What to do with uncertainties? -- Optimization in age-structured dynamic economic models -- A vindication of open-loop equilibria in differential games -- A linear state game of advertising à la Vidale-Wolfe -- The cost of myopia with respect to a switching time in an advertising model -- The limits of static decision-making rules in supply chain management -- On the rebound effect of cleaner technologies and climate change: radical technology innovations needed -- On the effects of an increase in the number of abaters in pollution abatement games -- Agroecology and biodiversity: A benchmark dynamic model -- Open-loop control-based linear-quadratic stochastic game with application to counter terror: Farsighted versus myopic policies.

At the 15th Viennese Workshop on Optimal Control and Dynamic Games, held in July 2022, experts in economics and the management sciences identified a concerning trend: static decision-making models, while less effective than dynamic ones, are becoming increasingly prevalent. This book aims to address the economic and social costs associated with reliance on static models and to demonstrate the advantages of applying dynamic approaches. Static models may be easier to formulate, but they often overlook the long-term consequences of decisions, promoting myopic practices that can lead to poor outcomes. In contrast, dynamic models foster a more comprehensive perspective, enabling foresight in decision-making - which is crucial for issues involving stock variables, such as pollution, reputation, and inventory. The book explores the limitations of static models, including their inability to capture long-term outcomes, history-dependent solutions, and the impact of abrupt contextual changes. It also highlights recent advances in dynamic modeling techniques that can enhance accuracy and help adapt to complex decision-making environments. By promoting the shift from static to dynamic models, this book aspires to open new research opportunities and provide valuable insights for researchers, students, policymakers, and managers in the fields of economics and the management sciences.

ISBN: 9783031886386$q(electronic bk.)

Standard No.: 10.1007/978-3-031-88638-6doiSubjects--Topical Terms:

236090
Decision making

LC Class. No.: HD30.23

Dewey Class. No.: 658.403

The unaffordable price of static decision-making modelschallenges in economics and management science /
LDR:03474nmm a2200373 a 4500 001 684940
003 DE-He213
005 20250702130336.0
006 m d
007 cr nn 008maaau
008 260129s2025 sz s 0 eng d
020 $a 9783031886386$q(electronic bk.)
020 $a 9783031886379$q(paper)
024 7 $a 10.1007/978-3-031-88638-6 $2 doi
035 $a 978-3-031-88638-6
040 $a GP $c GP
041 0 $a eng
050 4 $a HD30.23
072 7 $a KJT $2 bicssc
072 7 $a KJMD $2 bicssc
072 7 $a BUS049000 $2 bisacsh
072 7 $a KJT $2 thema
072 7 $a KJMD $2 thema
082 0 4 $a 658.403 $2 23
090 $a HD30.23 $b .U54 2025
245 0 4 $a The unaffordable price of static decision-making models $h [electronic resource] : $b challenges in economics and management science / $c edited by Fouad El Ouardighi, Gustav Feichtinger.
260 $a Cham : $b Springer Nature Switzerland : $b Imprint: Springer, $c 2025.
300 $a xii, 235 p. : $b ill. (some col.), digital ; $c 24 cm.
338 $a online resource $b cr $2 rdacarrier
490 1 $a International series in operations research & management science, $x 2214-7934 ; $v v. 365
505 0 $a Turning the page -- On the use of dynamic models in economics -- What to do with uncertainties? -- Optimization in age-structured dynamic economic models -- A vindication of open-loop equilibria in differential games -- A linear state game of advertising à la Vidale-Wolfe -- The cost of myopia with respect to a switching time in an advertising model -- The limits of static decision-making rules in supply chain management -- On the rebound effect of cleaner technologies and climate change: radical technology innovations needed -- On the effects of an increase in the number of abaters in pollution abatement games -- Agroecology and biodiversity: A benchmark dynamic model -- Open-loop control-based linear-quadratic stochastic game with application to counter terror: Farsighted versus myopic policies.
520 $a At the 15th Viennese Workshop on Optimal Control and Dynamic Games, held in July 2022, experts in economics and the management sciences identified a concerning trend: static decision-making models, while less effective than dynamic ones, are becoming increasingly prevalent. This book aims to address the economic and social costs associated with reliance on static models and to demonstrate the advantages of applying dynamic approaches. Static models may be easier to formulate, but they often overlook the long-term consequences of decisions, promoting myopic practices that can lead to poor outcomes. In contrast, dynamic models foster a more comprehensive perspective, enabling foresight in decision-making - which is crucial for issues involving stock variables, such as pollution, reputation, and inventory. The book explores the limitations of static models, including their inability to capture long-term outcomes, history-dependent solutions, and the impact of abrupt contextual changes. It also highlights recent advances in dynamic modeling techniques that can enhance accuracy and help adapt to complex decision-making environments. By promoting the shift from static to dynamic models, this book aspires to open new research opportunities and provide valuable insights for researchers, students, policymakers, and managers in the fields of economics and the management sciences.
650 0 $a Decision making $3 236090
650 0 $a Economics $x Decision making $2 fast $3 896099
650 1 4 $a Operations Research and Decision Theory. $3 914898
650 2 4 $a Operations Management. $3 731073
650 2 4 $a Optimization. $3 274084
650 2 4 $a Operations Research, Management Science. $3 511451
650 2 4 $a Systems Theory, Control. $3 274654
700 1 $a El Ouardighi, Fouad. $3 675139
700 1 $a Feichtinger, Gustav. $3 818834
710 2 $a SpringerLink (Online service) $3 273601
711 2 $n (3rd : $d 1998 : $c Amsterdam, Netherlands) $3 194767
773 0 $t Springer Nature eBook
830 0 $a International series in operations research & management science ; $v v. 140. $3 490892
856 4 0 $u https://doi.org/10.1007/978-3-031-88638-6
950 $a Business and Management (SpringerNature-41169)