Risk & uncertainty

After a devastating flood in Ho Chi Minh City, the World Bank used Analytica to develop a robust strategy to help the city manage and reduce risks of future flooding.

An analysis of earthquake scenarios and insurance rates helped a San Francisco county optimize insurance premiums and move toward a long-term risk management strategy.

Turns out that methane from farm animals generates more greenhouse gas emissions than cars, trucks, trains, and planes combined.

The Integrated Climate Assessment Model (ICAM) has generated a wide range of valuable insights into how to adapt to global climate change.

Offshore oil in California is highly controversial. But, Lumina’s decision model on decommissioning oil...

A group of researchers on AI is using Analytica influence diagrams to map out arguments and scenarios to explore ...

Why haven't we not encounter aliens? How to resolve this paradox by treating the parameters of the Drake Equation as uncertain -- an example of Sam Savage's Flaw of Averages.

This blog will be visiting the dart-throwing method of estimating π and comparing how fast or slow different sampling techniques converge to the actual value...