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
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Access further information on this document at Oxford Handbooks OnlineThis article was published outside of RAND. The full text of the article can be found at the link above.
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.
This article was published outside of RAND. The full text of the article can be found at the link above.
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