Better decisions

RACTICE Make Better Decisions

Making better decisions in groups

We review the literature to identify common problems of decision-making in individuals and groups. We are guided by a Bayesian framework to explain the interplay between past experience and new evidence, and the problem of exploring the space of hypotheses about all the possible states that the world could be in and all the possible actions that one could take. There are strong biases, hidden f...

The difficult path toward better evidence and better decisions

The route to risk reduction: better rules or better decisions?

Better science does not make decisions easier

Forty years of development in the science and technology of estimating and quantifying risk, of understanding of human behaviour and human rationale has made decision makers more informed. We are in a much better position now, than forty years ago in estimating probabilities, consequences, and damages, and in estimating and dealing with the associated uncertainties in an organised way. This did...