Title :
Rational governance of conflicting goals, uncertainties and risks
Author_Institution :
Int. Inst. for Appl. Syst. Anal., Laxenburg
Abstract :
Rational governance of conflicting goals, uncertainties and risks demands not only novel modeling methods but also appropriate modeling technology. The paper presents selected issues of model-based support for solving complex problems. The main part of the paper deals with novel modeling technology and integrated methods of comprehensive model analysis, which support decision-makers with diversified ways of analysis of the underlying decision problem; one of these methods is presented in more detail, namely an extension of the reference point optimization, which supports an effective analysis of trade-offs between conflicting goals. Also new approaches to coping with endogenous uncertainty and catastrophic risks are summarized.
Keywords :
behavioural sciences; decision making; modelling; catastrophic risks; conflicting goals; conflicting uncertainties; endogenous uncertainty; modeling technology; rational governance; risks demands; Adaptive control; Appropriate technology; Database systems; Decision making; Frequency measurement; Mathematical model; Optimization methods; Paper technology; Risk management; Uncertainty; Structured modeling; database management systems; decision support; model management; multicriteria optimization; risk modeling systems and languages; uncertainty;
Conference_Titel :
Systems, Man and Cybernetics, 2007. ISIC. IEEE International Conference on
Conference_Location :
Montreal, Que.
Print_ISBN :
978-1-4244-0990-7
Electronic_ISBN :
978-1-4244-0991-4
DOI :
10.1109/ICSMC.2007.4414213
