Multi-Dimensionality of Uncertainty
Richard J. Arend ()
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Richard J. Arend: University of Southern Maine
Chapter Chapter 10 in Uncertainty in Strategic Decision Making, 2024, pp 155-165 from Springer
Abstract:
Abstract Argues that any one uncertainty may involve multiple dimensions—i.e., it may be able to affect a decision in more than one significant way. So, to be more effective, approaches to making decisions involving uncertainty must consider more than one dimension. Explains those dimensions and their grounds. Describes how multi-dimensionality affects how uncertainty is, and can be, better addressed.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-48553-4_10
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DOI: 10.1007/978-3-031-48553-4_10
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