Risk Strategy (RS2): Decision-Making
Developing a risk analysis and decision making strategy for an offshore wind farm
... • Identification of the most costly components of a wind turbine. In addition to the above, the research study conducted herein provides a rigid foundation for expanding into further research in the mentioned areas. The ...
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Developing a risk analysis and decision making strategy for an offshore wind farm
... the risk analysis are compared with some predefined ...the risk analysis’ main part takes ...the risk management is conducted, where the potential hazards have to be eliminated or prevented from ...
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Aligning Business Decision Making to Strategy
... typical strategy of bidding on a government contract and then if losing the bid, funding the project with internal R&D funds to produce the product anyway before the program of record can complete (sometimes by ...
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An Integrated Model for Decision-making under Uncertainty and Risk to Select Appropriate Strategy for a Company
... in strategy-focused organizations, risk and decision making under uncertainty is greatly ...and risk management and select the best strategy of ...strategic decision ...
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Investment Strategy. Investment analysis and decision-making
... related risk and opportunities. This allow for risk mitigation and opportunity identification for a given company, sector or ...investment decision-making and active ownership efforts, and ...
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Assistant Decision-making System for Road Safety Strategy
... The authors wish to acknowledge financial support by the Science and Technique Programs of Transportation Commission of Yunnan Province (Grant No. Yun-Jiao-Ke 2011(D)04-a), Yunnan Province, China. References Allsop, ...
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Dissonance and decision making mistakes in the age of risk
... given risk, which could be viewed as a positive strategy as both knowledge and experience are factors that have been associated with more effective decision-making (Schafer & Crichlow, ...
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Decision Making in Crowdfunding Under Risk Analysis
... Stable Strategy Evolutionary Stable Strategy (ESS) is the basic concept in Evolutionary Game Theory, which was originally considered for biological evolution, but now is widely used in behavioral ecology ...
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Country Risk Importance on Investment Decision Making
... investment strategy, the decision- makers are considering also the possibility of materialization of other risk categories: hazard (natural disasters, fires), strategic (risks related to competition, ...
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On risk: risk and decision making in military combat and training environments
... conservative strategy is to choose the ‘Protected’ option, for this side of the game tree guarantees avoiding the worst payoff of -100 even though Blue will incur some loss 75% of the time, no loss or gain 16% of ...
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Reference comparison and decision making - effects of reference point salience on decision making under risk
... Humans are capable of detecting errors in their behavior and correcting their behavior in order to improve performance. In psychological research, it is assumed that the cost of errors has led to development of ...
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Decision Making within the Built Environment as a Strategy for Mitigating the Risk of Malaria and other Vector-Borne Diseases
... the risk of malaria based on selected cases from East ...against risk factors that can be linked to decisions made during the six primary phases of the construction life cycle: preliminary phase, conceptual ...
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Making Decision Adaptive to Price Uncertainty and Risk Preference: A New Decision-Making Model for Forest Management
... behavior-based decision model that I developed in this dissertation, in the last chapter the impact of risk preferences on forest management outcomes is ...price risk, could be directly used as a ...
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Management Accounting: strategic decision making, performance and risk
... 3.2 Operating strategies, organisational and sustaining activities An organisational objective can be operationalised by one or more strategies (Cinquini & Tenucci, 2010). Additionally, one strategy can contribute ...
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Experimental Investigations on risk taking in sensorimotor decision making
... seeking strategy in the subsequent binary feedback ...in risk seeking selections in the second block where the spatial feedback was ...on risk propensity in an unexpected ...
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Decision making under risk with continuous states of nature
... 4. A numerical example In this section an illustrative example on both approaches is provided. We turn back to the example in Introduction: Let there be scenarios with the different economic growth (from 0 % to 4 % GDP) ...
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Aligning Business Decision Making to Strategy
... firm's strategy and daily operations needs to be strengthened within the ...the strategy is communicated to both the senior leadership and engineers, as the results show that in both groups there is not a ...
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Affect, Risk, and Decision Making
... of decision making assume that people should, and do, pay close attention to the likelihood of important potential ...cause decision makers to neglect to con- sider probability (Rottenstreich & ...
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Satisficing: A Decision-Making Strategy For School Choice
... a decision, parents need to collect ...my decision? Consistent with rational choice theory, parents will gather information on all the choices available to them given a set of ...
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Gambling risk perception and decision making
... gambling risk perception (outlined in detail in the previous study) (Morgan, et ...to decision-making relationships, without control for combinatory effects among all relevant ...
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