Black Swans, New Nostradamuses, Voodoo decision theories, and the science of decision making in the face of severe uncertainty

DOI10.1111/J.1475-3995.2011.00790.XMaRDI QIDQ4918256zbMATH OpenOpenAlexFDO

Authors Moshe Sniedovich

Publication date 24 April 2013

Published in International Transactions in Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1475-3995.2011.00790.x

zbMATH Keywords

decision makingmaximinradius of stabilityrobust optimizationsevere uncertainty

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Minimax problems in mathematical programming (90C47) Decision theory (91B06)

Recommendations

• Affective decision making under uncertainty. Risk, ambiguity and black swans
• The Art and Science of Modeling Decision-Making Under Severe Uncertainty
• scientific article; zbMATH DE number 2215382
• Black swans, extreme risks, and the e-pile model of self-organized criticality
• Theories and cases in decisions under uncertainty
• New models of decision under uncertainty: an interpretative essay
• Decisions under risk and uncertainty: A survey of recent developments
• A new model for decisions under uncertainty
• The unknown in decision making: what to do about it
• The descriptive and predictive adequacy of theories of decision making under uncertainty/ambiguity

Cites work

• A spatial criterion as decision aid for capital projects: locating a sewage treatment plant in Halifax, Nova Scotia
• Analysis of the local robustness of stability for flows
• Decision making under uncertainty: Starr's domain criterion
• Extending scope of robust optimization: comprehensive robust counterparts of uncertain problems
• Fifth-Order Methods for the Numerical Solution of Ordinary Differential Equations
• scientific article; zbMATH DE number 3947944 (Why is no real title available?)
• scientific article; zbMATH DE number 1834580 (Why is no real title available?)
• scientific article; zbMATH DE number 3061365 (Why is no real title available?)
• Maximally Stable Numerical Integration
• Robust multi-echelon multi-period inventory control
• Robust optimization
• Robust Optimization of Large-Scale Systems
• Robust solutions of linear programming problems contaminated with uncertain data
• Stability radii of linear systems
• Statistical decision functions which minimize the maximum risk
• The Art and Science of Modeling Decision-Making Under Severe Uncertainty
• The Price of Robustness
• The Theory of Statistical Decision
• Wald's mighty maximin: a tutorial

Cited in

(4)

• Wald's mighty maximin: a tutorial
• Modeling of robustness against severe uncertainty
• Emergency scheduling of engineering rescue tasks in disaster relief operations and its application in China
• Anthropogenic climate change: Scientific uncertainties and moral dilemmas

This page was built for publication: Black Swans, New Nostradamuses, Voodoo decision theories, and the science of decision making in the face of severe uncertainty

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4918256)