Value of Information and Flexibility Making Decisions Under Uncertainties /
| Main Authors: | , |
|---|---|
| Corporate Author: | |
| Summary: | XXI, 280 p. 143 illus., 122 illus. in color. text |
| Language: | English |
| Published: |
Cham :
Springer International Publishing : Imprint: Springer,
2022.
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| Edition: | 1st ed. 2022. |
| Series: | Petroleum Engineering, Sustainable Geoenergy Engineering and Technology,
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| 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.