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Consolidating Techniques for Robustness and Sensitivity Analyses in Interval Decision Analysis
Mid Sweden University, Faculty of Science, Technology and Media, Department of Communication, Quality Management, and Information Systems (2023-). Stockholm University. (Risk and Crisis Research Centre)ORCID iD: 0000-0003-0310-0018
Stockholm university.
Stockholm university; International Institute of Applied Systems Analysis (IIASA), Laxenburg, Austria.
2025 (English)In: Decision Support Systems (DSS) and Tools / [ed] Tien M. Manh Nguyen, IntechOpen , 2025Chapter in book (Refereed)
Abstract [en]

In interval decision analysis, where input information is provided in terms of intervals or similar formats to represent imprecise input statements instead of using precise numbers for probabilities and consequence values, a vast array of techniques to conduct robustness and sensitivity analysis has emerged. At the same time, it is not straightforward how to relate these techniques to one another in a decision-analytic process and how they, in combination, serve as a source for obtaining insights into how imprecision affects decision evaluations. Therefore, this chapter aims to reflect upon a group of methods for robustness and sensitivity analyses that are compatible with a common framework for analysing decisions under risk, provide a systematic presentation of these, and discuss guidelines for their usage in decision analysis practice.

Place, publisher, year, edition, pages
IntechOpen , 2025.
Keywords [en]
Decision analysis, robustness analysis, sensitivity analysis
National Category
Information Systems, Social aspects
Identifiers
URN: urn:nbn:se:miun:diva-54058DOI: 10.5772/intechopen.1003970OAI: oai:DiVA.org:miun-54058DiVA, id: diva2:1946563
Available from: 2025-03-21 Created: 2025-03-21 Last updated: 2025-09-25Bibliographically approved

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Larsson, Aron

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