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1.
Risk Anal ; 37(3): 487-501, 2017 03.
Article in English | MEDLINE | ID: mdl-28095592

ABSTRACT

This article addresses the difficulties of incorporating uncertainty about consequence estimates as part of stakeholder deliberations involving multiple alternatives. Although every prediction of future consequences necessarily involves uncertainty, a large gap exists between common practices for addressing uncertainty in stakeholder deliberations and the procedures of prescriptive decision-aiding models advanced by risk and decision analysts. We review the treatment of uncertainty at four main phases of the deliberative process: with experts asked to describe possible consequences of competing alternatives, with stakeholders who function both as individuals and as members of coalitions, with the stakeholder committee composed of all stakeholders, and with decisionmakers. We develop and recommend a model that uses certainty equivalents as a theoretically robust and practical approach for helping diverse stakeholders to incorporate uncertainties when evaluating multiple-objective alternatives as part of public policy decisions.

2.
Risk Anal ; 33(9): 1661-76, 2013 Sep.
Article in English | MEDLINE | ID: mdl-23398306

ABSTRACT

This article uses decision analysis concepts and techniques to address an extremely important problem to any family with children, namely, how to avoid the tragic death of a child during the high-risk ages of 15-24. Descriptively, our analysis indicates that of the 35,000 annual deaths among this age group in the United States, approximately 20,000 could be avoided if individuals chose readily available alternatives for decisions relating to these deaths. Prescriptively, we develop a decision framework for parents and a child to both identify and proactively pursue decisions that can lower that child's exposure to life-threatening risks and positively alter decisions when facing such risks. Applying this framework for parents and the youth themselves, we illustrate the logic and process of generating proactive alternatives with numerous examples that each could pursue to lower these life-threatening risks and possibly avoid a tragic premature death, and discuss some public policy implications of our findings.


Subject(s)
Decision Making , Mortality , Accidents, Traffic/mortality , Adolescent , Adult , Child , Communication , Ethnicity , Female , Humans , Male , Models, Statistical , Parents , Public Policy , Risk , Risk-Taking , Sex Factors , Substance-Related Disorders/epidemiology , Substance-Related Disorders/mortality , Suicide , United States , Young Adult
3.
Risk Anal ; 31(9): 1470-87, 2011 Sep.
Article in English | MEDLINE | ID: mdl-21388426

ABSTRACT

One of the most challenging tasks of homeland security policymakers is to allocate their limited resources to reduce terrorism risks cost effectively. To accomplish this task, it is useful to develop a comprehensive set of homeland security objectives, metrics to measure each objective, a utility function, and value tradeoffs relevant for making homeland security investments. Together, these elements form a homeland security value model. This article develops a homeland security value model based on literature reviews, a survey, and experience with building value models. The purposes of the article are to motivate the use of a value model for homeland security decision making and to illustrate its use to assess terrorism risks, assess the benefits of countermeasures, and develop a severity index for terrorism attacks.


Subject(s)
Government Agencies , Models, Economic , Security Measures , Resource Allocation , Terrorism/economics , United States
4.
Risk Anal ; 27(3): 585-96, 2007 Jun.
Article in English | MEDLINE | ID: mdl-17640209

ABSTRACT

Decisions are made to achieve objectives. A qualitative list of the objectives for a decision is the foundation for a value model that unambiguously represents objectives in a quantitative manner. The objectives guide thinking and the value model provides a basis for analyzing alternatives to best meet the desired objectives. This article illustrates the usefulness of clearly identifying objectives and developing value models to support anti-terrorism analysis. It outlines procedures to develop value models for the Department of Homeland Security and for terrorist organizations. The later is useful to both design anti-terrorism alternatives and suggest possible terrorist priorities and actions. An example that develops a terrorist value model for the theft and misuse of plutonium is presented. Several uses of value models for anti-terrorist activities are discussed and suggestions for developing such value models are outlined.

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