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Methodology

01.07.2024 By Milena Fluck and Andy Schmidt

Decision Making under Uncertainty

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Most decisions are made under uncertainty. The real world is an intangible system with a high degree of complexity and a multitude of dependencies. But how exactly does making decisions under uncertainty work? This blog post presents three main strands that are used in research for this purpose.

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Industries

Over time, reinsurers have built up considerable methods for identifying, assessing and reducing or even avoiding risks. Many of these methods could help us in our day-to-day lives in the pandemic as a supplement to the RKI’s recommendations. I will explain how the whole thing looks in concrete terms in my blog post.

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