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This volume deals with two complementary topics. On one hand the book deals with the problem of determining the the probability distribution of a positive compound random variable, a problem which appears in the banking and insurance industries, in many areas of operational research and in reliability problems in the engineering sciences. On the other hand, the methodology proposed to solve such problems, which is based on an application of the maximum entropy method to invert the Laplace transform of the distributions, can be applied to many other problems. The book contains applications to a large variety of problems, including the problem of dependence of the sample data used to estimate ...
The book presents a theoretical and technical background for applying MAS (Multi Agent Systems) in Architecture, Engineering and Construction. It focuses in the early design stage and makes use of domain specific data which relate to different design domains (structural, environmental, architectural design) to inform the agent behaviors. The proposed framework is applicable especially to design problems which traditionally require the close collaboration of engineers and architects.
Public corporations and private businesses operate in an increasingly complex, uncertain, and interconnected world. When evaluating investment decisions, business managers can no longer base their decisions primarily on expected financial return. They now must now consider a host of performance value measures (i.e., criteria) pertaining to issues such as environmental and social governance, sustainability, and stakeholder satisfaction. In addition, corporate managers must ensure that their investment decisions are aligned with the company’s vision, mission, and values in order to maintain investor confidence and protect brand image. Lastly, to be truly successful, business managers must as...
Climate change is one of the most pressing challenges of the twenty-first century. Anthropogenic activities, such as fossil fuel consumption and other activities focused on enhancing economic growth, have been identified as the main drivers of changes in the environment that defy planetary boundaries. The transgression of planetary boundaries has profound implications for practically all biophysical and human systems and their impact could also be related to the exacerbation of existing problems such as land tenure insecurity, poverty and inequality, marginalization of poorer populations, climate induced migration, and resource wars or conflicts. From a global South perspective, research on ...
This book provides an overview of the large and interdisciplinary literature on the substance and process of urban climate change planning and design, using the most important articles from the last 15 years to engage readers in understanding problems and finding solutions to this increasingly critical issue. The Reader’s particular focus is how the impacts of climate change can be addressed in urban and suburban environments—what actions can be taken, as well as the need for and the process of climate planning. Both reducing greenhouse gas emissions as well as adapting to future climate are explored. Many of the emerging best practices in this field involve improving the green infrastru...
CBA is an attempt to fully account for all costs associated with a new proposal along with a detailed calculation of specific private and public benefits. Properly employed, CBA is simply a method for assessing a proposal prior to a collective decision by calculating net benefits relative to an alternative project or the default option of doing nothing.