Uniting risk analyses and structured decision making
Thursday November 23, 1pm-4pm
Location: Lectorial room 156, Arts West-North
Workshop presenters: Professor Mark Burgman & Dr Libby Rumpff
Risk analyses lead to decisions. While risk analyses are often couched as technical or scientific processes, decisions necessarily entrain linguistic uncertainties, values and preferences. We outline an approach to structured decision making championed by Robin Gregory and his colleagues. In it, we embed the products of a conventional risk analysis.
In the workshop, we explore the between-rate variability that arises when values and personal preferences are not considered explicitly. We then describe how the consideration of uncertainty reduces the arbitrary nature of some decisions, how models may be used to contribute to a decision without dominating it, and how uncertainty may provide an additional dimension in which to negotiate satisfactory decisions.
Includes afternoon tea
This workshop is now at capacity