1 / 4

Constructing influence diagrams

Constructing influence diagrams. Decision-maker: EPA Decision: Permit use of potentially carcinogenic chemical? Alternative courses of action Permit Restrict Ban Uncertainty: hazards Imperfect information: test and survey. Consequences. Value. Decision. Usage decision. Economic

efordham
Download Presentation

Constructing influence diagrams

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Constructing influence diagrams • Decision-maker: EPA • Decision: Permit use of potentially carcinogenic chemical? Alternative courses of action • Permit • Restrict • Ban • Uncertainty: hazards • Imperfect information: test and survey

  2. Consequences Value Decision Usage decision Economic value Net value Cancer cost

  3. Value Uncertain events Decision Consequences Usage decision Economic value Exposure rate Net value Cancer cost Cancer risk Carcinogenic potential

  4. Imperfect information Uncertain events Consequences Decision Value Test Usage decision Survey Economic value Exposure rate Net value Cancer cost Cancer risk Carcinogenic potential

More Related