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Introduction to Uncertainty Quantification

  • Roger GhanemEmail author
  • David Higdon
  • Houman Owhadi
Reference work entry

Abstract

Technology, in common with many other activities, tends toward avoidance of risks by investors. Uncertainty is ruled out if possible. People generally prefer the predictable. Few recognize how destructive this can be, how it imposes severe limits on variability and thus makes whole populations fatally vulnerable to the shocking ways our universe can throw the dice.

Copyright information

© Springer International Publishing Switzerland 2017

Authors and Affiliations

  1. 1.Department of Civil and Environmental EngineeringUniversity of Southern CaliforniaLos AngelesUSA
  2. 2.Social Decision Analytics Laboratory, Biocomplexity InstituteVirginia Polytechnic Institute and State UniversityArlingtonUSA
  3. 3.Computing and Mathematical SciencesCalifornia Institute of TechnologyPasadenaUSA

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