Decision analysis concerned with investments in fire safety

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Abstract

Decision analysis concerned with investments in fire safety is discussed. Particular attention is directed at the treatment of uncertainty, the evaluation of consequences, and the choice of a decision rule for use in this context. An approach involving use of a decision rule based on the principle of maximizing expected utility, together with a complementary evaluation of the decision alternatives, is described, the latter involving analysis of the uncertainty regarding the probabilities and consequences of different fire scenarios.
Original languageEnglish
Title of host publicationFire Safety Science - Proceedings of the Seventh International Symposium
EditorsDavid D. Evans
PublisherInternational Association for Fire Safety Science
Pages345-356
Publication statusPublished - 2003

Subject classification (UKÄ)

  • Building Technologies
  • Other Civil Engineering

Free keywords

  • decision analysis
  • fire safety
  • uncertainty

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