Importance of scientific uncertainty in decision making

Published

Journal Article

Uncertainty in environmental decision making should not be thought of as a problem that is best ignored. In fact, as is illustrated in a simple example, we often informally make use of awareness of uncertainty by hedging decisions away from large losses. This hedging can be made explicit and formalized using the methods of decision analysis. While scientific uncertainty is undesirable, it can still be useful in environmental management as it provides a basis for the need to fund additional monitoring, experimentation, or information acquisition to improve the scientific basis for decisions. © 1994 Springer-Verlag New York Inc.

Full Text

Duke Authors

Cited Authors

  • Reckhow, KH

Published Date

  • March 1, 1994

Published In

Volume / Issue

  • 18 / 2

Start / End Page

  • 161 - 166

Electronic International Standard Serial Number (EISSN)

  • 1432-1009

International Standard Serial Number (ISSN)

  • 0364-152X

Digital Object Identifier (DOI)

  • 10.1007/BF02393758

Citation Source

  • Scopus