A holistic approach to assessment of value of information (VOI) with fuzzy data and decision criteria
Classical decision and value of information theories have been applied in the oil and gas industry from the 1960s with partial success. In this research, we identify that the classical theory of value of information has weaknesses related with optimal data acquisition selection, data fuzziness and f...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Regional Association for Security and crisis management
2020-09-01
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Series: | Decision Making: Applications in Management and Engineering |
Subjects: | |
Online Access: | https://dmame.rabek.org/index.php/dmame/article/view/116 |