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Research Areas:

   Energy, Environment, and
   Economics

   National and Homeland
   Security

   Infrastructure Assurance

   Emergency Preparedness

   Social Dynamics

   Policy Analysis


Core Capabilities:

   Systems Analysis

   Modeling, Simulation, and
   Visualization

   Complex Adaptive Systems

   Decision Support and Risk
   Management

   Information Sciences

Maps to DIS

Decision Support and Risk Management

Decision analysis comprises the philosophy, theory, methodology, and professional practice necessary to formally and systematically address important decisions that must be made under conditions of uncertainty. This discipline includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing the important objectives and attributes of a decision situation, and for recommending alternatives based on the maximum expected utility action axiom. Ultimately, decision analysis results in translating the formal representation of a decision and its corresponding recommendation into insight for the decision maker and other stakeholders.

Risk analysis is the systematic study of uncertainties and potential harm that may be encountered in such areas as the environment, business, engineering, and public policy. Risk denotes a potential negative impact to an asset or some characteristic of value that may arise from some process or future event. Risk analysis seeks to (1) identify the probability of loss, or risk, faced by an institution or business unit; (2) understand how and when risks arise; and (3) estimate the impact of adverse outcomes. Once evaluated, risks can be managed by implementing actions to mitigate or control them.

Methods based on decision and risk analysis are used in many fields, including business planning, marketing, and negotiation; homeland security; energy technology development and adoption; environmental remediation; R&D project portfolio selection; public healthcare research and management; energy exploration; and litigation and dispute resolution.

For more information, contact:
Michael Samsa
Decision and Information Sciences Division
Argonne National Laboratory
9700 South Cass Ave., Bldg. 221
Argonne, IL 60439
Phone: 630-252-4961
Fax: 630-252-1548
E-mail Michael Samsa

Related Information

Associated Projects

Community Vaccination and Mass Dispensing Model (CVMDM)

Available Software

Restore©: Modeling Interdependent Repair/Restoration Processes

Selected Publications

ARG-US RFID FOR MONITORING AND TRACKING NUCLEAR MATERIALS â THE OPERATING EXPERIENCE*

Resilience: Theory and Applications

Financial Analysis of Experimental Releases Conducted at Glen Canyon Dam during Water Years 2006 through 2010

Developing an Operational Capabilities Index of the Emergency Services Sector

Miscellaneous: "Executive Brief" Impact of post-event avoidance behavior on commercial facilities sector venues.

GRiP-A Flexible Approach for Calculating Risk as a Function of Consequence, Vulnerability, and Threat

More publications

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