DOI

All people have to make risky decisions in everyday life. And we do not know how true they are. But is it possible to mathematically assess the correctness of our choice? This article discusses the model of decision making under risk on the example of project management. This is a game with two players, one of which is Investor, and the other is the Project Manager. Each player makes a risky decision for himself, based on his past experience. With the help of a mathematical model, the players form a level of confidence, depending on who the player accepts the strategy or does not accept. The project manager assesses the costs and compares them with the level of confidence. An investor evaluates past results. Also visit the case where the strategy of the player accepts the part.

Язык оригиналаанглийский
Название основной публикацииProceedings of the International Conference of Computational Methods in Sciences and Engineering 2019, ICCMSE 2019
РедакторыTheodore E. Simos, Theodore E. Simos, Theodore E. Simos, Zacharoula Kalogiratou, Theodore Monovasilis
ИздательAmerican Institute of Physics
ISBN (электронное издание)9780735419339
DOI
СостояниеОпубликовано - 10 дек 2019
СобытиеInternational Conference of Computational Methods in Sciences and Engineering 2019, ICCMSE 2019 - Rhodes, Греция
Продолжительность: 1 мая 20195 мая 2019

Серия публикаций

НазваниеAIP Conference Proceedings
Том2186
ISSN (печатное издание)0094-243X
ISSN (электронное издание)1551-7616

конференция

конференцияInternational Conference of Computational Methods in Sciences and Engineering 2019, ICCMSE 2019
Страна/TерриторияГреция
ГородRhodes
Период1/05/195/05/19

    Предметные области Scopus

  • Физика и астрономия (все)

ID: 50350868