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Decision Making Under Uncertainty

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Advanced Decision Making for HVAC Engineers
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Abstract

Two different types of uncertainty have been recognized in different literatures. Swiler et al. define epistemic uncertainty as lack of knowledge about the appropriate value to use for quantity (also known as type B, subjective, reducible) which researcher can reduce the level of uncertainty by increasing introduction of the relevant data, and aleatory uncertainty as the type of uncertainty which is characterized by its inherent randomness (type A, stochastic, irreducible) which cannot be reduced by acquiring additional data.

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References

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Khazaii, J. (2016). Decision Making Under Uncertainty. In: Advanced Decision Making for HVAC Engineers. Springer, Cham. https://doi.org/10.1007/978-3-319-33328-1_12

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  • DOI: https://doi.org/10.1007/978-3-319-33328-1_12

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-33327-4

  • Online ISBN: 978-3-319-33328-1

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