Bayesian decision analysis is a useful method for risk management decisions, but is limited in its ability to consider severe uncertainty in knowledge, and value ambiguity in management objectives. We study the use of robust Bayesian decision analysis to handle problems where one or both of these issues arise. The robust Bayesian approach models severe uncertainty through bounds on probability distributions, and value ambiguity through bounds on utility functions. To incorporate data, standard Bayesian updating is applied on the entire set of distributions. To elicit our expert's utility representing the value of different management objectives, we use a modified version of the swing weighting procedure that can cope with severe value ambig...
This paper compares Bayesian decision theory with robust decision theory where the decision maker op...
Abstract. Bayesian statistical analysis has become an important tool in modern fisheries sciences. W...
AbstractWe propose a method for computing the range of the optimal decisions when the utility functi...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
<p>This research will explore methods for more robust management of ecosystems when the underlying d...
Many species are threatened by human activity through processes such as habitat modification, water ...
Statistical decision theory can be a valuable tool for policy-making decisions. In particular, envir...
Decision-making under uncertainty is an important area of study in numerous disciplines. The variety...
Predicting an uncertain future with uncertain knowledge is a challenge. The success of efforts to pr...
Managing ecosystems with deeply uncertain threshold responses and multiple decision makers poses non...
Scientists have generated a massive body of theory aimed at predicting and managing the impacts of a...
In conservation biology it is necessary to make management decisions for endangered and threatened s...
This paper compares Bayesian decision theory with robust decision theory where the decision maker op...
Abstract. Bayesian statistical analysis has become an important tool in modern fisheries sciences. W...
AbstractWe propose a method for computing the range of the optimal decisions when the utility functi...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
Bayesian decision analysis is a useful method for risk management decisions, but is limited in its a...
<p>This research will explore methods for more robust management of ecosystems when the underlying d...
Many species are threatened by human activity through processes such as habitat modification, water ...
Statistical decision theory can be a valuable tool for policy-making decisions. In particular, envir...
Decision-making under uncertainty is an important area of study in numerous disciplines. The variety...
Predicting an uncertain future with uncertain knowledge is a challenge. The success of efforts to pr...
Managing ecosystems with deeply uncertain threshold responses and multiple decision makers poses non...
Scientists have generated a massive body of theory aimed at predicting and managing the impacts of a...
In conservation biology it is necessary to make management decisions for endangered and threatened s...
This paper compares Bayesian decision theory with robust decision theory where the decision maker op...
Abstract. Bayesian statistical analysis has become an important tool in modern fisheries sciences. W...
AbstractWe propose a method for computing the range of the optimal decisions when the utility functi...