Reasoned decision making without math? Adaptability and robustness in response to surprise
-
Altmetric Citations
Smithson, Michael; Ben-Haim, Yakov
Description
Many real-world planning and decision problems are far too uncertain, too variable, and too complicated to support realistic mathematical models. Nonetheless, we explain the usefulness, in these situations, of qualitative insights from mathematical decision theory. We demonstrate the integration of info-gap robustness in decision problems in which surprise and ignorance are predominant and where personal and collective psychological factors are critical. We present practical guidelines for...[Show more]
Collections | ANU Research Publications |
---|---|
Date published: | 2015-05-01 |
Type: | Journal article |
URI: | http://hdl.handle.net/1885/15407 |
Source: | Risk Analysis |
DOI: | 10.1111/risa.12397 |
Access Rights: | Open Access |
Download
File | Description | Size | Format | Image |
---|---|---|---|---|
Smithson and Ben-Haim Reasoned Decision Making 2015.pdf | 89.11 kB | Adobe PDF |
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.
Updated: 17 November 2022/ Responsible Officer: University Librarian/ Page Contact: Library Systems & Web Coordinator