Risk Assessment and Decision-Making under Uncertainty in Tunnel and Underground Engineering

Risk Assessment and Decision-Making under Uncertainty in Tunnel and Underground Engineering

The impact of uncertainty on risk assessment and decision-making is increasingly being prioritized, especially for large geotechnical projects such as tunnels, where uncertainty is often the main source of risk. Epistemic uncertainty, which can be reduced, is the focus of attention. In this study, the existing entropy-risk decision model is first discussed and analyzed, and its deficiencies are...

Decision making under risk and uncertainty.

Decision making is studied from a number of different theoretical approaches. Normative theories focus on how to make the best decisions by deriving algebraic representations of preference from idealized behavioral axioms. Descriptive theories adopt this algebraic representation, but incorporate known limitations of human behavior. Computational approaches start from a different set of assumpti...

Emotion regulation and decision making under risk and uncertainty.

It is well established that emotion plays a key role in human social and economic decision making. The recent literature on emotion regulation (ER), however, highlights that humans typically make efforts to control emotion experiences. This leaves open the possibility that decision effects previously attributed to acute emotion may be a consequence of acute ER strategies such as cognitive reapp...

Robust multiattribute decision making under risk and uncertainty in engineering design

In this article, the problem of choosing from a set of design alternatives based upon multiple, conflicting, and uncertain criteria is investigated. The problem of selection over multiple attributes becomes harder when risky alternatives exist. The overlap measure method developed in this article models two sources of uncertainties – imprecise or risky attribute values provided to the decision ...

Decision making under uncertainty