Sentences with phrase «under deep uncertainty»

Under deep uncertainty in predictive models, we should ask: What's the worst that can happen * Before * we have time to react.
One family associates a real - valued generalized expected utility to each choice (see Ellesberg, 2001), while the other discards the completeness axiom on the grounds that under deep uncertainty alternative choices may sometimes be incomparable (see Bewley, 2002; Walley, 1991).
Results of climate policy analysis under deep uncertainty with imprecise probabilities (Kriegler, 2005; Kriegler et al. 2006) are consistent with the previous findings using classical models.
Their discussions have been driven largely by the release of a World Bank working paper, «Investment decision making under deep uncertainty — application to climate change.»
See the World Bank paper on «Investment Decision Making under Deep Uncertainty — Application to Climate Change.»
In: Annual Workshop of the Society for Decision Making under Deep Uncertainty 2017, 13 - 15 November, Oxford, UK.
There are many economists and risk analysts — there's even a Society for Decision Making Under Deep Uncertainty, which includes people at the Rand Corporation, people I'm sure you know — who say that the uncertainty cuts in both directions.
Three plausible, relevant and challenging regional scenarios are presented, which provide a clear and enabling framework for decision making under deep uncertainty and a platform to guide the development and consideration of more and better -LSB-...]
Under deep uncertainty, reporting a range of plausible values allows decision - makers to apply their own views on precaution.
My preferred approach to «solutions» given this uncertainty — decision making under deep uncertainty — prefers robust decision making frameworks and anti fragility.
What you are advocating is excellent and a necessary re-orientation for the science policy interface, IMO, to «decision making under deep uncertainty, robust decision making and scenario thinking».
Re-orient the science - policy interface to decision making under deep uncertainty, robust decision making and scenario thinking
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