Title :
A Study of Risk Analysis Methods Based on Uncertain Event Analysis in Strategy Decision-Making
Author :
Rui Chu ; Dongdong Yan ; Youfei Cai ; ChiFei Zhou
Author_Institution :
Inst. of Mil. Oper. Res. & Anal., Acad. of Mil. Sci., Beijing, China
Abstract :
A kind of strategy decision-making risk analysis method is put forward based on uncertain event analysis, on the basis of potential uncertain events confronted in decision-makings. In this method, a model is constructed to generate the decision-making option space, with detailed generation ways based on the risks of uncertain events. By comparing the potential capacities of the enemy, self-army and the third party, the occurrence probabilities and consequent losses of uncertain events are quantified. Extreme event samples were selected by means of conditional expectation to obtain the quantified description of each risk. Three ways of analyzing the quantified results are proposed.
Keywords :
decision making; probability; risk analysis; strategic planning; conditional expectation; decision making option space; occurrence probability; risk analysis method; self-army; strategy decision making; uncertain event analysis; uncertain event losses; Algorithm design and analysis; Analytical models; Decision making; Design methodology; Operations research; Probability; Risk analysis; Strategy decision-making; uncertain events;
Conference_Titel :
Tools with Artificial Intelligence (ICTAI), 2011 23rd IEEE International Conference on
Conference_Location :
Boca Raton, FL
Print_ISBN :
978-1-4577-2068-0
Electronic_ISBN :
1082-3409
DOI :
10.1109/ICTAI.2011.147