All articles for the topic: Robustness

Training

Short course training: Robust decision making and uncertainty Module: Adaptation planning
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Robust Decision-Making

Under deep uncertainty, decision-makers need to select robust rather than best options. However, when the future is characterised by uncertainty, a focus on best options may carry significant risks.

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XLRM Conceptual Diagram (Lempert et. al., 2003)

XLRM framework

RAND corporation has been developing a tool to carry out robust decision making as an example of computational multi-scenario simulation.

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