Risk assessment is a reasoned, structured approach to address uncertainty based on scientific and technical evidence. It forms the foundation for regulatory decision-making, which is bound by legislative and policy requirements, as well as the need for making timely decisions using available resources. In order to be most useful, environmental risk assessments (ERAs) for genetically modified (G...

The assessment of scholarship assumes a central role in the evaluation of individual faculty, educational programs and academic fields. Because the production and assessment of scholarship is so central to the faculty role, it is incumbent upon decision makers to strive to make assessments of scholarship fair and equitable. This paper will focus on an approach to the assessment of the quantity ...

Two types of privacy-preserving decision making paradigms for utility-community interactions for multi-horizon operation are examined in this paper. In both designs, communities with renewable energy sources, distributed generators, and energy storage systems minimize their costs with limited information exchange with the utility. The utility makes decision based on the information provided fro...

One of the essential characteristics of a decision-making situation is the amount and quality of information that the decision maker has available at the onset of the problem. Luce and Raiffa [1958, p.13] developed a three-tiered classification of decision making based on the amount of knowledge, or information, possessed by the decision maker. If full knowledge regarding options, outcomes, and...