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Modelling, making inferences and making decisions: The roles of sensitivity analysis

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Abstract

Sensitivity analysis, robustness studies and uncertainty analyses are key stages in the modelling, inference and evaluation used in operational research, decision analytic and risk management studies. However, sensitivity methods -or others so similar technically that they are difficult to distinguish from sensitivity methods- are used in many different circumstances for many different purposes; and the manner of their use in one context may be inappropriate in another. Thus in this paper, I categorise and explore the use of sensitivity analysis and its parallels, and in doing so I hope to provide a guide and typology to a large growing literature.

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French, S. Modelling, making inferences and making decisions: The roles of sensitivity analysis. Top 11, 229–251 (2003). https://doi.org/10.1007/BF02579043

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