• Risk Perception and Decision Making Strategies
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As of August 31, 2017, the Stanford Strategic Decision and Risk Management program ended.

communication and decision making when risk perception ..

Stanford Strategic Decision and Risk Management | …

Generate and communicate insights to guide and inform strategic decision-making
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The first step in properly dealing with levee risk and developing flood risk management strategies is to identify the location, condition, and ownership of levees, as well as the extent of the areas protected by the levee and the consequence of failure or overtopping (i.e., assets and lives), if it should occur. Compiling this information and making it readily available is fundamental to ensuring public safety and reducing flood losses. Because levees can alter natural hydrologic flows, knowledge of their location, properties, and conditions is essential to understanding, quantifying, and mitigating flood hazards, including working to increase public awareness of vulnerability during a flood event. Although some responsibilities have been assigned by Congress to FEMA and USACE for developing and maintaining levee information, several states and communities also are working to develop and maintain this information.

Decision Research | Investigating decision-making and risk

In such cases, the problem is classified as decision making under risk.
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resources needed to carry out the floodplain management strategy? However, approval of community participation in the NFIP and accreditation of levees in these communities is not dependent on the cost-effectiveness of the levee or other mitigation measures incorporated in the community flood risk management strategy. Economic decisions are more closely tied to the analyses conducted by federal or state agencies to meet the criteria for participation in or construction of flood-related infrastructure under other government programs.

 

Human Perception and Decision Making - Sites@Duke

We may use  in classification of a decision maker's relative attitude toward risk as follows:
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This strategy course introduced participants to a Strategic Portfolio Management (SPM) process to make strategic resource allocation and portfolio decisions. Portfolio management decisions rely on the foundations of Decision Quality, the Dialogue Decision Process, and Decision Analysis, but the context of optimal resource allocation across many assets is significantly different from strategy or single-decision problems. Portfolio and strategy decisions "just don't look the same."

The following table shows the risk measurements computed for the Investment Decision Example:
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This leadership course introduced the decision-making problems and pitfalls inherent to human nature. It described a framework for understanding how natural behavioral processes can produce biases, distortions, and mistakes in decision-making, and demonstrated many of these phenomena firsthand through individual and class exercises. The course presented preventive measures and techniques that can help decision-makers avoid potential traps, improve individual decisions, and enrich organizational decisions.


Human Perception and Decision Making



Content
1. Peder Halvorsen, MD, Professor, General Practice, Department of Community Medicine, The Arctic University of Norway: Making good decisions: Intuition or deliberation?
Psychology of medical and other decisions
2. Benedicte Lind Barfoed, MD, PhD-fellow, Research Unit for General Practice, Odense, University of Southern Denmark: Cardiovascular risk in general practice
Results from a large questionnaire and register based study of Danish GPs’ professional and personal approach to cardiovascular risk and their patients’ adherence with statins.

picture of risk and to improve decision making.22 ..

However, in probabilistic models, the decision-maker is concerned not only with the outcome value but also with the each decision carriesAs an example of deterministic versus probabilistic models, consider : Nothing we can do can change the past, but everything we do influences and changes the future, although the future has an element of uncertainty.

Risk and decision making : perspectives and research

Since 2006, the Stanford Strategic Decision and Risk Management Certificate Program has been a high-quality, decision-making professional education program for leaders around the world. The program blended academic theory with real-world techniques to enhance leaders’ ability to analyze information and alternatives to make the best critical decisions and develop effective business strategies.

FREE Risk Analysis for Decision Making Essay

The differences between health care professionals’ personal and professional risk perception and attitudes and the subsequent impact on patients’ decision making have not previously been discussed.