Decision Making Under Deep Uncertainty
Climate Change and Infrastructure Management
Published in: The Oxford Handbook of Planning for Climate Change Hazards (Sept 2018). doi: 10.1093/oxfordhb/9780190455811.013.50
Posted on RAND.org on November 12, 2019
Decision making under questions of deep uncertainty can be vague or specific, open-ended or fixed, easy or hard. This chapter very briefly addresses issues and approaches to decision making on adaptation to climate change. Depending on the research question, a complicated set of multiple approaches and tools may be needed. To highlight the types of approaches, this chapter discusses a variety of decisionmaking tools and relates them to a particular problem: a homeowner choosing whether to do nothing, buy insurance, or elevate their home. The chapter culminates in a table summarizing the pros and cons of a variety of approaches.