Browsing by Author "Li, Jiawei W."

Now showing items 1-2 of 2

A decision support approach for group decision making under risk and uncertainty

Li, Jiawei W.; Kendall, Graham; Pollard, Simon J. T.; Soane, Emma; Davies, Graham; Bai, Ruibin (2010-12-31)

Cost-benefit analysis has long been used in decision making about public health and security. Frequently, risk and uncertainty are involved, and benefit and cost are not evenly shared by all stakeholders in the activities ...
Optimising risk reduction: An expected utility approach for marginal risk reduction during regulatory decision making

Li, Jiawei W.; Pollard, Simon J. T.; Kendall, Graham; Soane, Emma; Davies, Gareth J. (Elsevier Science B.V., Amsterdam., 2009-11-30)

In practice, risk and uncertainty are essentially unavoidable in many regulation processes. Regulators frequently face a risk-benefit trade-off since zero risk is neither practicable nor affordable. Although it is accepted ...

Search CERES