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balanced scorecard (BSC) of Kaplan and Norton, emphasising the importance of “coherence”, rather than cause …
Persistent link: https://www.econbiz.de/10009455071
depend on robustness properties of the solution concepts adopted. Chapter 1 discusses recent results in this research area … attention in the literature (namely, the distinction between knowledge and certainty), raising novel questions of robustness …
Persistent link: https://www.econbiz.de/10009438697
the policy that maximizes robustness to unstructured uncertainty. …
Persistent link: https://www.econbiz.de/10009467771
robust. But robustness, in the sense of assurance against extreme outcomes, ordinarily is not the only desideratum in … the risk of a successful attack by inspecting more vessels, we show that robustness against the failure to guarantee a … minimum level of expected utility might not be monotonic. Robustness modeling based on expected utility and incorporating …
Persistent link: https://www.econbiz.de/10009467775
reveal about design robustness is demonstrated, and practical limitations to its use are revealed. Second, a new mathematical … technique is presented that expands capabilities for analyzing robustness to multiple info-gap uncertainties simultaneously. The …
Persistent link: https://www.econbiz.de/10009475956
A methodology for the conceptual design phase risk assessment of an aerospace system was proposed. The method was designed to examine political, social, and economic risk over a systems lifecycle through the use of future scenarios to bound uncertainty. A decision support framework was developed...
Persistent link: https://www.econbiz.de/10009475961
Often in the early stages of the engineering design process, a decision maker lacks the information needed to represent uncertainty in the input parameters of a performance model. In one particular form of severely deficient information, a nominal estimate is available for an input parameter,...
Persistent link: https://www.econbiz.de/10009476146
essential. The robustness of such inferences is dependent on sample size. The purpose of this study is to examine the impact of …
Persistent link: https://www.econbiz.de/10009446710
We develop a theory of optimal stopping problems under ambiguity in continuous time. Using results from (backward) stochastic calculus, we characterize the value function as the smallest (nonlinear) supermartingale dominating the payoff process. For Markovian models, we derive an adjusted...
Persistent link: https://www.econbiz.de/10009452622
simulation these Levene type tests in terms of robustness and power. …
Persistent link: https://www.econbiz.de/10009431274