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Decision/Uncertainty Analysis
Most decisions are taken in the face of uncertainties.
These include uncertainties about future events (corporate, regulatory, political, and market-related),
and about the prospective consequences of each decision option available.
The discipline and methods of decision theory provide a formal framework
in which to account systematically for each factor contributing to such uncertainties. Probabilistic uncertainty and risk analysis methodologies are at the core of decision theory.
Unwin Company personnel have contributed extensively over the past 18 years to the
literature and methods base
of probabilistic uncertainty analysis.
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We have refined methods for the synthesis of objective statistical data with informed judgment
(elicited from subject-matter experts) to produce compelling bases for executive decision making.
Through technical decision support to our clients,
we have helped them improve the quality of business,
safety and environmental decision-making,
resulting ultimately in more effective and cost-beneficial allocation of corporate resources.
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