Decision Support Tools & Uncertainty Analysis
Making environmental and public policy decisions involves identifying, quantifying, and evaluating outcomes and trade offs. Because no decision can optimize all endpoints (e.g., social, environmental, economic) equally, and many decisions must be made under considerable uncertainty, decision support tools can assist decision makers in understanding and weighing different tradeoffs in a transparent manner.
E Risk Sciences, LLP has extensive experience using decision analytical approaches to evaluate different alternatives, and has developed specific tools and methods for integrating and interpreting data to support sustainable approaches for managing environmental resources and sound decision making. Our analyses and tools often include a quantitative assessment of uncertainty, because in many cases, recognizing these uncertainties can influence the decision that is made, particularly if the cost of error is high.