Decision analysis & multi-criteria
Decision analysis is a set of methods to help people and organizations address challenging decisions more effectively than using simple intuition. It provides tools like decision trees and influence diagrams to help structure problems, multiattribute (multicriteria) methods to handle problems with several often conflicting objectives, quantifying attitudes towards risk, and ways of treating uncertainty using probability distributions.
Do risk analysts dream of electron microscopes?
From as early as I can remember, I have always wanted to be a scientist. Indeed, while most kids my age were doing normal, healthy kid things on summer afternoons, like engaging ...
How a 1979 MG taught me to love risk analysis
At the tender age of 17 I sold my soul to a 1979 MG Midget. Or, at least I sold my body into indentured servitude to it.
Combination of assessed distributions
Discover how combining assessed distributions can enhance your modeling. Learn techniques to improve accuracy and insights in your analyses.
