INTERIM REPORT IMPROVED METHODS FOR INCORPORATING RISK IN DECISION MAKING
Author(s) -
M. J. Clausen,
D. W. Fraley,
Richard Denning
Publication year - 1980
Publication title -
osti oai (u.s. department of energy office of scientific and technical information)
Language(s) - English
Resource type - Reports
DOI - 10.2172/1079782
Subject(s) - interim , formal methods , risk assessment , decision analysis , risk analysis (engineering) , computer science , management science , engineering , medicine , political science , mathematics , computer security , software engineering , law , statistics
This paper reports observations and preliminary investigations in the first phase of a research program covering methodologies for making safety-related decisions. The objective has been to gain insight into NRC perceptions of the value of formal decision methods, their possible applications, and how risk is, or may be, incorporated in decision making. The perception of formal decision making techniques, held by various decision makers, and what may be done to improve them, were explored through interviews with NRC staff. An initial survey of decision making methods, an assessment of the applicability of formal methods vis-a-vis the available information, and a review of methods of incorporating risk and uncertainty have also been conducted
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