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Please use this identifier to cite or link to this item: http://purl.umn.edu/120536

Title: Risk and Uncertainty Analysis with Networks of Decisions
Authors: Recke, Guido
Authors (Email): Recke, Guido (g.recke@hs-osnabrueck.de)
Keywords: networks of decisions
decision criteria
variance analysis
prediction
control
Issue Date: 2011-09
Abstract: In this paper an applied approach for analysing economic problems under risk and uncertainty based on networks of decisions (NODs) will be discussed. It can be shown that network of decision analysis can help to understand complex decision problems under risk and uncertainty in single case situations. A variety of decision criteria like expectation values and a special ANOVA can be used to get better knowledge about prediction and controllability of the decision problems.
URI: http://purl.umn.edu/120536
Institution/Association: European Association of Agricultural Economists>2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
Total Pages: 3
Collections:2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland

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