Lab Home | Phone | Search
Center for Nonlinear Studies  Center for Nonlinear Studies
 Colloquia Archive 
 Postdoc Seminars Archive 
 Quantum Lunch 
 Quantum Lunch Archive 
 CMS Colloquia 
 Q-Mat Seminars 
 Q-Mat Seminars Archive 
 P/T Colloquia 
 Kac Lectures 
 Kac Fellows 
 Dist. Quant. Lecture 
 Ulam Scholar 
 CNLS Fellowship Application 
 Student Program 
 Past Visitors 
 History of CNLS 
 Maps, Directions 
 CNLS Office 
Monday, January 24, 2011
2:30 PM - 4:00 PM
CNLS Conference Room (TA-3, Bldg 1690)


Why Design and Planning is so Difficult, and What to Do About it

Yakov Ben-Haim
Yitzhak Moda'i Chair in Technology and Economics Technion - Israel Institute of Technology

Knowledged-based decisions are made by engineers, scientists, economists, physicians and others. Indeed, people use reasoned thought to make decisions in all areas. Organizations and animals also make decisions in ways which can be described by rational models. One central challenge in decision making is the severe uncertainty - deficient knowledge and imperfect understanding - which arises in many areas. In this talk we will use info-gap decision theory to explore the implications of severe uncertainty. Discussing examples from many disciplines, we study the ideas of optimizing, satisficing, robustness and windfall.

Host: Francois Hemez, XTD-3: XTD PRIMARY PHYSICS,