ISBN: | 978-5-5139-2126-4 |
High Quality Content by WIKIPEDIA articles! Robust decision making is an iterative decision analytic framework that helps identify potential robust strategies, characterize the vulnerabilities of such strategies, and evaluate the tradeoffs among them. RDM focuses on informing decisions under conditions of what is called ‘deep uncertainty,’ that is, conditions where the parties to a decision do not know or do not agree on the system model(s) relating actions to consequences or the prior probability distributions for the key input parameters to those model(s).