• 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