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Value of Information and Flexibility
- Making Decisions Under Uncertainties
part of the Petroleum Engineering series
- Binding:
- Hardback
- Pages:
- 280
- Published:
- October 20, 2021
- Edition:
- 12022
- Dimensions:
- 155x235x0 mm.
- Weight:
- 623 g.
Delivery:
2-4 weeks
Expected delivery: December 18, 2024
Description of Value of Information and Flexibility
Tools such as value of information and value of flexibility are explored as a means to make more complex and nuanced decisions.The book develops the complete formalism for assessing the value of acquiring information with two novel approaches.
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