Don Info-Gap proponents essentially argue that “anything goes” under severe uncertainty?
Answer-55: Indeed, they do. This position is a direct consequence of their broader view as to what constitutes a scientific approach to decision-making. For instance, consider this statement in the Info-Gap article in WIKIPEDIA: ” … It is correct that the info-gap robustness function is local, and has restricted quantitative value in some cases. However, a major purpose of decision analysis is to provide focus for subjective judgments. That is, regardless of the formal analysis, a framework for discussion is provided. Without entering into any particular framework, or characteristics of frameworks in general, discussion follows about proposals for such frameworks. …” In Cole Porter’s (1891-1964) memorable phrase, Anything Goes!
Related Questions
- How do you explain the emergence of Info-Gap as a (presumably) novel methodology for decision-making under of severe uncertainty?
- How do Info-Gaps proponents justify the use of the theory in cases where the complete region of uncertainty is unbounded?
- Don Info-Gap proponents essentially argue that "anything goes" under severe uncertainty?
