Systematic Prediction errors in O&G project and portfolio selection
The normal rule for choosing between alternatives in a decision situation is to select the one with the maximum estimated value. Due to uncertainty in the estimates (prediction errors), the mere fact of choosing the maximum induces a systematic bias that guarantees that, over repeated decisions, les...
Enregistré dans:
| Auteur principal: | |
|---|---|
| Autres auteurs: | |
| Format: | Actes de congrès |
| Langue: | anglais |
| Publié: |
SPE
2008
|
| Accès en ligne: | http://hdl.handle.net/2440/51245 |
| Tags: |
Pas de tags, Soyez le premier à ajouter un tag!
|