Modelling Risk and Decisions Analysis

Image

Modelling Risk and Decisions Analysis

Risks and their management are an integral part of decision making in the 21st century. A decision framework should allow groups of stakeholders to evaluate multiple-objective decisions and analyze trade-offs of various alternatives/scenarios/decision to be considered. However, formulating these alternatives, objectives, and trade-offs involves working with both facts (the uncertain state of the “world” one models) and values (what one deems important). Ideally, the facts and the values should be kept separate even when they seem completely entangled. This distinction is important both at a qualitative level, when building conceptual models, and at a quantitative level, when populating the conceptual models with numerical parameters. Moreover, at both levels, this distinction will directly help the search for, and use of appropriate resources.

In this Research Topic, we concentrate on modelling the uncertain state of the world and the way these models inform decision making and risk analysis. Nonetheless, perspectives on the larger decision framework scene are also welcome. Modelling uncertainty often requires the assessment of multiple, dependent uncertain quantities of interest. In addition to univariate distributions, interdependencies between these quantities or variables need to be modelled to properly understand the overall risk.

How we work:

  • After submission, an acknowledgement with manuscript number is sent to the corresponding author within 7 working days.
  • A 21 day window time frame is allotted for peer-review process wherein multiple experts are contacted.
  • Author proof is generated within 7 working days after the acceptance decision.

Benefits on Publication:

Open Access: Permanent free access to your article upon publication ensures extensive global reach and readership.

Easy Article Sharing: Our open access enables you to share your article directly with colleagues through email and on social media via a single link, permitting third party reuse with appropriate citation in addition to the retention of content copyright by the author.

Global Marketing: Through promotion in a targeted global email announcement or press release, your article will be seen by thousands of the top-most thought-leaders in your field.

Reprints: Distribute your work to colleagues and at conferences as we provide hard copy color reprints of your article on order.

Media Contact:
Nimmi Anna
Journal Manager
Allied Journal of Medical Research
Email: medicalresearch@emedsci.com