Sensitivity analysis, management efficiency and uncertainty

This is simply a link to a brief blog post about using sensitivity analysis to guide management. It describes a paper that illustrates how to incorporate uncertainty about the sensitivity analysis (due to parameter uncertainty) into a manager’s decision. We will cover more about models for management decisions later in the subject.

A koala looking quizzically at the transition matrix that describes its population dynamics. Modellers might also have a quizzical expression, because the elements of the matrix (and the cost of managing the different elements) might be uncertain. This uncertainty can influence management.

A koala looking quizzically at the transition matrix that describes its population dynamics. Modellers might also have a quizzical expression, because the elements of the matrix (and the cost of managing the different elements) might be uncertain. This uncertainty can influence management.

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