(Deep) Uncertainty

Definition

Exists when experts do not know or the parties to a decision cannot agree upon (i) the external context of a system, (ii) how a system works and its boundaries, and/or (iii) the outcomes of interest from a system and/or their relative importance. Deep uncertainty also arises from actions taken over time in response to unpredict

Source

Marchau, V.A.W.J., Walker, W.E., Bloemen, P.J.T.M., & Popper, S.W. (2019). Introduction. In: Marchau, V., Walker, W., Bloemen, P., Popper, S. (eds) Decision Making under Deep Uncertainty. Springer, Cham.

Available at: https://doi.org/10.1007/978-3-030-05252-2_1

See also: Uncertainty

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