A holistic approach to assessment of value of information (VOI) with fuzzy data and decision criteria.
(2020)
Journal Article
VILELA, M., OLUYEMI, G. and PETROVSKI, A. 2020. A holistic approach to assessment of value of information (VOI) with fuzzy data and decision criteria. Decision making: applications in management and engineering [online], 3(2), pages 97-118. Available from: https://doi.org/10.31181/dmame2003097v
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 optima... Read More about A holistic approach to assessment of value of information (VOI) with fuzzy data and decision criteria..