Module 4: Risk Under Deep Uncertainty
Robust Decision Making
The final example is the Robust Decision Making model. It is a model that—rather than predicting the future and crafting a strategy to meet that future—starts with strategy/decision-making, and then stress-tests the strategy against a broad range of scenarios. In the introduction video, below, the examples and illustrations were adapted from Rand Corporation. (n.d.). The robust decision making framework. and Hadka, D. (2015, October 1). Introducing OpenMORDM.
