Decision-Making for the Information Age
(New Dimensions in Networks)
Anna Nagurney and June Dong
Description: The advent of the Information Age has transformed the ways in which individuals work, travel, and conduct their daily activity. Anna Nagurney and June Dong lay out the theory of supernetworks, networks that exist over and above existing electronic networks, in order to formalize decision-making in the Information Age. Supernetworks are conceptual in scope, graphical in perspective, and, with the accompanying theory, predictive in nature.
In this book, the authors provide a unifying framework for the study of decision-making by a variety of economic agents including consumers and producers as well as distinct intermediaries in the context of today’s networked economy. They provide the conceptual, analytical, and computational tools for the study of supernetworks. Their approach is rigorous and of sufficient generality and detail to give added insight into the behavior and structure of large-scale, interacting and competitive network systems, such as transportation, telecommunication, and financial networks.
Areas studied include:
chain networks with electronic commerce, financial networks with
telecommunicating versus commuting decision-making, teleshopping versus
shopping decision-making, as well as transportation and location
Case studies drawn from practice are provided for illustration purposes.
|1||Introduction and Overview|
|3||Foundations of Supernetworks|
|4||Supply Chain Networks and Electronic Commerce|
|5||A Multilevel Perspective for Supply Chain Dynamics|
|6||Dynamic Financial Networks with Intermediation|
|7||Multicriteria Network Equilibrium Modeling|
|8||A Space-Time Network for Telecommuting versus Commuting|
|9||Urban Location and Transportation in the Information Age|
|10||Supernetworks of Producers and Consumers|
|11||Multicriteria Decision-Making in Financial Networks|
|12||Paradoxes and Policies|
|B||Variational Inequalities and Projected Dynamical Systems|