Possibility for Decision [electronic resource] : A Possibilistic Approach to Real Life Decisions / by Christer Carlsson, Robert FullȨr.

1 Introduction -- 2 Concepts and Issues -- 3 A Normative View on Possibility Distributions -- 4 OWA Operators in Multiple Criteria Decisions -- 5 Fuzzy Real Options for Strategic Decisions -- 6 Portfolio Selection with Imprecise Future Data -- 7 Risk Assessment in Grid Computing -- 8 Knowledge Mobilization -- 9 Mobile Value Services.

This book starts with the basic concepts of fuzzy sets and progresses througha 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 closinga 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 servicesare presented and carefully discussed. It can be useful for researchers and students workingin soft computing, real options, fuzzy decision making, grid computing, knowledge mobilization andmobile value services.

ZDB-2-ENG