The use of discretization in decision analysis allows practitioners to use only a few assessments to estimate the certain equivalent (CE) or expected value of a decision without knowing the functional form of the distribution of each uncertainty. The discretization shortcuts are fast, but are...

The use of discretization in decision analysis allows practitioners to use only a few assessments to estimate the certain equivalent (CE) or expected value of a decision without knowing the functional form of the distribution of each uncertainty. The discretization shortcuts are fast, but are...