{"id":114,"date":"2021-04-12T01:39:15","date_gmt":"2021-04-12T05:39:15","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/?post_type=chapter&p=114"},"modified":"2022-07-14T19:31:00","modified_gmt":"2022-07-14T23:31:00","slug":"robust-decision-making","status":"publish","type":"chapter","link":"https:\/\/pressbooks.bccampus.ca\/financialimpactclimatechange\/chapter\/robust-decision-making\/","title":{"raw":"Robust Decision Making","rendered":"Robust Decision Making"},"content":{"raw":"
\r\n\r\nThe final example is the Robust Decision Making model. It is a model that\u2014rather than predicting the future and crafting a strategy to meet that future\u2014starts 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.\u00a0 (n.d.).\u00a0The robust decision making framework.<\/a>\u00a0and Hadka, D. (2015, October 1).\u00a0Introducing OpenMORDM<\/a><\/i>.\r\n\r\nhttps:\/\/mediaspace.royalroads.ca\/id\/0_2mjoam0r\r\n
Video attribution: \u201cClimate Change and the Public Budgets\u201d by\u00a0Todd Thexton,\u00a0Financial Impact of Climate Change,\u00a0Adaptation Learning Network<\/a>\u00a0is licensed under\u00a0CC BY 4.0<\/a>.<\/h6>\r\n<\/div>","rendered":"
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The final example is the Robust Decision Making model. It is a model that\u2014rather than predicting the future and crafting a strategy to meet that future\u2014starts 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.\u00a0 (n.d.).\u00a0The robust decision making framework.<\/a>\u00a0and Hadka, D. (2015, October 1).\u00a0Introducing OpenMORDM<\/a><\/i>.<\/p>\n