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See Latest ArticlesReconciling Uncertain Costs and Benefits in Bayes Nets for Invasive Species Management
Risk Analysis, 08/13/09
Burgman MA et al. – Bayes nets are used increasingly to characterize environmental systems and formalize probabilistic reasoning to support decision making. These networks treat probabilities as exact quantities. Sensitivity analysis can be used to evaluate the importance of assumptions and parameter estimates. The authors outline an application of info–gap theory to Bayes nets that evaluates the sensitivity of decisions to possibly large errors in the underlying probability estimates and utilities.
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