
Multicriteria Optimization in Engineering and in the Sciences
Wolfram Stadler(Editor)
Springer (Publisher)
Published on 9. January 2014
Book
Paperback/Softback
XIV, 406 pages
978-1-4899-3736-0 (ISBN)
Description
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.
More details
Series
Edition
Softcover reprint of the original 1st ed. 1988
Language
English
Place of publication
New York
United States
Target group
Professional and scholarly
Research
Illustrations
XIV, 406 p.
Dimensions
Height: 235 mm
Width: 155 mm
Thickness: 23 mm
Weight
633 gr
ISBN-13
978-1-4899-3736-0 (9781489937360)
DOI
10.1007/978-1-4899-3734-6
Schweitzer Classification
Other editions
Additional editions

Wolfram Stadler
Multicriteria Optimization in Engineering and in the Sciences
Book
03/1988
Kluwer Academic/Plenum Publishers
€160.49
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