Decisions, decisions, decisions in an uncertain environment
نویسندگان
چکیده
Abstract Decision‐makers abhor uncertainty, and it is certainly true that the less there of better. However, recognizing uncertainty part equation, particularly for deciding on environmental policy, a prerequisite making wise decisions. Even no decision has consequences, using presence as reason failing to act poor excuse. Statistical science should play critical role in decision‐making process. This opinion piece focuses summit knowledge pyramid starts from data rises steps information, information knowledge, finally Enormous advances have been made last 100 years ascending pyramid, with deviations followed different routes. There generally healthy supply quantification along way but, rush top, where decisions are made, often left behind. In my opinion, statistical needs be much more pro‐active evolving classical theory into relevant practical area applications. article follows several threads, building decision‐theoretic foundations loss functions Bayesian uncertainty.
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ژورنال
عنوان ژورنال: Environmetrics
سال: 2022
ISSN: ['1180-4009', '1099-095X']
DOI: https://doi.org/10.1002/env.2767