Testing the scenario hypothesis: An experimental comparison of scenarios and forecasts for decision support in a complex decision environment. (May 2017)
- Record Type:
- Journal Article
- Title:
- Testing the scenario hypothesis: An experimental comparison of scenarios and forecasts for decision support in a complex decision environment. (May 2017)
- Main Title:
- Testing the scenario hypothesis: An experimental comparison of scenarios and forecasts for decision support in a complex decision environment
- Authors:
- Gong, Min
Lempert, Robert
Parker, Andrew
Mayer, Lauren A.
Fischbach, Jordan
Sisco, Matthew
Mao, Zhimin
Krantz, David H.
Kunreuther, Howard - Abstract:
- Abstract: Decision support tools are known to influence and facilitate decisionmaking through the thoughtful construction of the decision environment. However, little research has empirically evaluated the effects of using scenarios and forecasts. In this research, we asked participants to recommend a fisheries management strategy that achieved multiple objectives in the face of significant uncertainty. A decision support tool with one of two conditions—Scenario or Forecast—encouraged participants to explore a large set of diversified decision options. We found that participants in the two conditions explored the options similarly, but chose differently. Participants in the Scenario Condition chose the strategies that performed well over the full range of uncertainties (robust strategies) significantly more frequently than did those in the Forecast Condition. This difference seems largely to be because participants in the Scenario Condition paid increased attention to worst-case futures. The results offer lessons for designing decision support tools.
- Is Part Of:
- Environmental modelling & software. Volume 91(2017)
- Journal:
- Environmental modelling & software
- Issue:
- Volume 91(2017)
- Issue Display:
- Volume 91, Issue 2017 (2017)
- Year:
- 2017
- Volume:
- 91
- Issue:
- 2017
- Issue Sort Value:
- 2017-0091-2017-0000
- Page Start:
- 135
- Page End:
- 155
- Publication Date:
- 2017-05
- Subjects:
- Scenario -- Forecast -- Decision support tool -- Robust decision making -- Deep uncertainty -- Choice architecture
Environmental monitoring -- Computer programs -- Periodicals
Ecology -- Computer simulation -- Periodicals
Digital computer simulation -- Periodicals
Computer software -- Periodicals
Environmental Monitoring -- Periodicals
Computer Simulation -- Periodicals
Environnement -- Surveillance -- Logiciels -- Périodiques
Écologie -- Simulation, Méthodes de -- Périodiques
Simulation par ordinateur -- Périodiques
Logiciels -- Périodiques
Computer software
Digital computer simulation
Ecology -- Computer simulation
Environmental monitoring -- Computer programs
Periodicals
Electronic journals
363.70015118 - Journal URLs:
- http://www.sciencedirect.com/science/journal/13648152 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.envsoft.2017.02.002 ↗
- Languages:
- English
- ISSNs:
- 1364-8152
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3791.522800
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 941.xml