Innovations and Info-Gaps: An Overview
Affiliation auteurs | Affiliation ok |
Titre | Innovations and Info-Gaps: An Overview |
Type de publication | Conference Paper |
Year of Publication | 2017 |
Auteurs | Ben-Haim Y, Cogan S |
Editor | Barthorpe R, Platz R, Lopez I, Moaveni B, Papadimitriou C |
Conference Name | MODEL VALIDATION AND UNCERTAINTY QUANTIFICATION, VOL 3 |
Publisher | Soc Expt Mech; IMAC |
Conference Location | GEWERBESTRASSE 11, CHAM, CH-6330, SWITZERLAND |
ISBN Number | 978-3-319-54858-6; 978-3-319-54857-9 |
Mots-clés | decision making, Info-gap theory, Innovation dilemma, Opportuneness, robustness, Uncertainty |
Résumé | Info-gap theory is a method for modeling and managing severe uncertainty and for prioritizing the options facing a decision maker. We consider uncertainty both in parameters and in the shape of functions. The analysis reveals intuitively meaningful concepts: the trade off between robustness and requirements, cost of robustness, zero robustness of predicted outcomes, innovation dilemmas, preference reversals resulting from uncertainty, and opportuneness from uncertainty. These insights underlie decision making under severe uncertainty. We consider an example of modeling a mechanical system. |
DOI | 10.1007/978-3-319-54858-6_25 |