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Robust decision-making

Robust decision-making (RDM) is an iterative decision analytics framework that aims to help identify potential robust strategies, characterize the vulnerabilities of such strategies, and evaluate the tradeoffs among them. RDM focuses on informing decisions under conditions of what is called "deep uncertainty", that is, conditions where the parties to a…

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History

7 related topics

Application

3 related topics

Differences between RDM and traditional expected-utility analysis

2 related topics

Software support

2 related topics

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Overview

History

Application

Differences between RDM and traditional expected-utility analysis

Analytic tools for robust decision-making

Software support

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Robust decision-making

Nodes25
Edges24
Triples10
Avg. degree1.92
Density0.08
Components1

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Robust decision-making

Top relations

related to Application · 6
Robust decision-making → In, Often, RAND Corporation, RDM, Robust, While
related to External links · 3
Robust decision-making → Delft University, EMA, TechnologyOpenMORDM

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rdm decision options robust uncertainty analysis scenario alternative strategies methods traditional set cases framework exploratory modeling discovery many used rather

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SubjectPredicateObjectConfidenceSrc
one used by the U.S. government to forecast the future state of the social security trust fund.The database of cases simplifies the comparison of alternative decision frameworks because one can apply these frameworks to an identical set of model resultsinstance ofand organization's existing suites of simulation models0.80text
Robust decision-makingrelated to ApplicationRobust0.60section
Robust decision-makingrelated to ApplicationRDM0.60section
Robust decision-makingrelated to ApplicationRAND Corporation0.60section
Robust decision-makingrelated to ApplicationWhile0.60section
Robust decision-makingrelated to ApplicationOften0.60section
Robust decision-makingrelated to ApplicationIn0.60section
Robust decision-makingrelated to External linksEMA0.60section
Robust decision-makingrelated to External linksDelft University0.60section
Robust decision-makingrelated to External linksTechnologyOpenMORDM0.60section

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