Optimum target detection in an uncertain reverberation‐limited environment

Hitting an uncertain target

Experiments in which monkeys have to select or estimate the location of a target are revealing more about the role of the dorsal premotor cortex in decision making.

AGE REPLACEMENT POLICY IN UNCERTAIN ENVIRONMENT

Age replacement policy is concerned with finding an optional time tominimize the cost, at which time the unit is replaced even if itdoes not fail. So far, age replacement policy involving random agehas been proposed. This paper will assume the age of the unit is anuncertain variable, and find the optimal time to replace the unit.

Monetary Reform in an Uncertain Environment

The 20thcentury has produced a rich array ofmonetary experience. The experience can be organized in several different ways. One emphasizes the role ofgold in international monetary arrangements. Early in the century, domestic monies of major trading countries were convertible into gold at a pre-established fixed price, and gold coins circulated. Currently, governments do not set the price of go...

Pollution Control in an Uncertain Environment

Faustmann in an uncertain policy environment

This paper deals with optimal forest rotation age and silvicultural investment under policy or regulatory uncertainty to which wasteful deforestation and lack of reforestation and afforestation efforts in the developing countries and loss of old growth forests and biodiversity in the developed countries are attributed. Incorporating a stochastic uncertainty factor into the familiar deterministi...