Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Multicriteria Optimization in Engineering and in the Sciences

Multicriteria Optimization in Engineering and in the Sciences

Stadler, Wolfram

Hardcover

Series: Mathematical Concepts and Methods in Science and Engineering, Book 37

Technology & EngineeringGeneral Mathematics

ISBN10: 0306427435
ISBN13: 9780306427435
Publisher: Springer Nature
Published: Mar 31 1988
Pages: 406
Weight: 1.69
Height: 0.94 Width: 6.14 Depth: 9.21
Language: English
We are rarely asked to. make decisions based on only one criterion; most often, decisions are based on several usually confticting, criteria. In nature, if the design of a system evolves to some final, optimal state, then it must include a balance for the interaction of the system with its surroundings- certainly a design based on a variety of criteria. Furthermore, the diversity of nature's designs suggests an infinity of such optimal states. In another sense, decisions simultaneously optimize a finite number of criteria, while there is usually an infinity of optimal solutions. Multicriteria optimization provides the mathematical framework to accommodate these demands. Multicriteria optimization has its roots in mathematical economics, in particular, in consumer economics as considered by Edgeworth and Pareto. The critical question in an exchange economy concerns the equilibrium point at which each of N consumers has achieved the best possible deal for hirnself or herself. Ultimately, this is a collective decision in which any further gain by one consumer can occur only at the expense of at least one other consumer. Such an equilibrium concept was first introduced by Edgeworth in 1881 in his book on mathematical psychics. Today, such an optimum is variously called Pareto optimum (after the Italian-French welfare economist who continued and expanded Edgeworth's work), effi. cient, nondominated, and so on.

1 different editions

Also available

Also in

General Mathematics

View All