Results 211 to 220 of about 443,666 (262)
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Knight on Risk and Uncertainty
Journal of Political Economy, 1987It is argued that the received interpretation of Knight's classic riskuncertainty distinction-as concerning whether or not agents have subjective probabilities-constitutes a misreading of Knight. On the contrary, Knight shared the modern view that agents can be assumed always to act as if they have subjective probabilities.
LeRoy, Stephen F, Singell, Larry D, Jr
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Uncertainty in risk assessment
Environmental Science & Technology, 1985An analysis technique is presented for dealing with uncertainties in quantitative environmental risk analysis. Assessments of the health effects from a 1 GW sulfur-scrubbed coal-fired power plant in the upper Ohio Valley are presented. The annual average concentration of sulfate aerosol was chosen as the air pollutant of interest.
M G, Morgan +3 more
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Computation, Uncertainty and Risk
The Computer Journal, 2012A model is developed for representing computations that arise when deterministic algorithms process workloads whose detailed structure is uncertain. The new computational model, which is based upon the notion of loosely constrained deterministic systems (LCD systems), incorporates a characterization of uncertainty that is expressed entirely in terms of
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2021
Research and innovation by their nature involve uncertainty: there are many possible outcomes from a particular activity or programme. An uncertainty only becomes a risk when one or more of the possible outcomes would lead to an unwanted event, a major loss, large downside, or other undesirable effect.
Matt Reed, Joss Langford
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Research and innovation by their nature involve uncertainty: there are many possible outcomes from a particular activity or programme. An uncertainty only becomes a risk when one or more of the possible outcomes would lead to an unwanted event, a major loss, large downside, or other undesirable effect.
Matt Reed, Joss Langford
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Risk and Uncertainty Communication
Annual Review of Statistics and Its Application, 2017This review briefly examines the vast range of techniques used to communicate risk assessments arising from statistical analysis. After discussing essential psychological and sociological issues, I focus on individual health risks and relevant research on communicating numbers, verbal expressions, graphics, and conveying deeper uncertainty.
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2017
Defining and understanding risk and uncertainty is a relatively complex affair, which in itself may be an obstacle to passing on new knowledge of the cost of risk, which is the primary purpose of this book.
Jesper Lyng Jensen, Susanne Sublett
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Defining and understanding risk and uncertainty is a relatively complex affair, which in itself may be an obstacle to passing on new knowledge of the cost of risk, which is the primary purpose of this book.
Jesper Lyng Jensen, Susanne Sublett
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2021
This chapter discusses the unknown future. With uncertainty, something good or bad may happen. In investment, one is often concerned with the likelihood of the latter. Then there are complicating unknown unknowns. The investments return known only ex post sums it up as for a roulette ball that has reached standstill.
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This chapter discusses the unknown future. With uncertainty, something good or bad may happen. In investment, one is often concerned with the likelihood of the latter. Then there are complicating unknown unknowns. The investments return known only ex post sums it up as for a roulette ball that has reached standstill.
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2019
The chapter goes into more detail about risk and uncertainty, arguing that we focus too much on the former and not enough on the latter. The chapter clarifies concepts we’ll need for subsequent chapters. These include decision trees, psychology, and social risk.
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The chapter goes into more detail about risk and uncertainty, arguing that we focus too much on the former and not enough on the latter. The chapter clarifies concepts we’ll need for subsequent chapters. These include decision trees, psychology, and social risk.
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2011
Closely linked with the problems associated with the timing of production, as discussed in the last chapter, is risk and uncertainty, which are often associated with the production and sale of products. Implementation of production that takes a very long time is often associated with uncertainty regarding the price which can be obtained for the product
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Closely linked with the problems associated with the timing of production, as discussed in the last chapter, is risk and uncertainty, which are often associated with the production and sale of products. Implementation of production that takes a very long time is often associated with uncertainty regarding the price which can be obtained for the product
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2013
This chapter shows how multiple realizations can be used to support the assessment of uncertainty and risk.
Mario E. Rossi, Clayton V. Deutsch
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This chapter shows how multiple realizations can be used to support the assessment of uncertainty and risk.
Mario E. Rossi, Clayton V. Deutsch
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