Careers in transportation and logistics management offer exciting opportunities in a variety of transportation modes with private and public sector organizations whose success depends on the global fulfillment of customersâ requirements.
The Journal of Behavioral Decision Making is a journal that emphasizes psychological approaches and methods. JBDM publishes manuscripts that develop significant psychological theory of fundamental decision processes or report and interpret previously unknown phenomena.
Markov decision processes are an extension of Markov chains; the difference is the addition of actions (allowing choice) and rewards (giving motivation). Conversely, if only one action exists for each state (e.g. wait) and all rewards are the same (e.g. zero), a Markov decision process reduces to a Markov chain.