Value of Information and Flexibility Making Decisions Under Uncertainties /

Bibliographic Details
Main Authors: Vilela, Martin J. (Author), Oluyemi, Gbenga F. (Author)
Corporate Author: SpringerLink (Online service)
Summary:XXI, 280 p. 143 illus., 122 illus. in color.
text
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2022.
Edition:1st ed. 2022.
Series:Petroleum Engineering, Sustainable Geoenergy Engineering and Technology,
Subjects:
Online Access:https://doi.org/10.1007/978-3-030-86989-2
Format: Electronic Book
Table of Contents:
  • Chapter 1. Decision-making: Concepts, Principles, and Uncertainty
  • Chapter 2. Utility Theory
  • Chapter 3. Probability
  • Chapter 4. Probabilistic Evaluation of Uncertainties: Monte Carlo Method
  • Chapter 5. Assessing the Importance of the Uncertainties: Design of Experiments
  • Chapter 6. Fuzzy Logic
  • Chapter 7. Uncertainty, data acquisition and Value of Information
  • Chapter 8. The value of flexibility – Real Options
  • Chapter 9. Case studies for the Value of Information and Flexibility in the oil and gas industry.