DocumentCode
1385687
Title
Dealing with (deep) uncertainties: focus on the strategy, not the forecast
Author
Thissen, W.A.H.
Volume
40
Issue
4
fYear
2012
Firstpage
7
Lastpage
8
Abstract
Prediction is very difficult, particularly if it is about the future¿. This quote, attributed to Nils Bohr, holds for all forecasts and expectations on which many strategic decisions are based. While a significant body of quantitative methods knowledge has been developed for dealing with those future uncertainties that can be described adequately in probabilistic terms, relatively little attention has been paid so far to systematic approaches for dealing with so-called deep uncertainties.
Keywords
Analytical models; Probabilistic logic; Probability distribution; Uncertainty;
fLanguage
English
Journal_Title
Engineering Management Review, IEEE
Publisher
ieee
ISSN
0360-8581
Type
jour
DOI
10.1109/EMR.2012.6379394
Filename
6379394
Link To Document