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Content archived on 2024-06-18

Dynamic analysis of risk in scenario-based policy definition

Objective

Scenarios are used to aid policy-makers to understand possible futures and to define policies that steer an objective path to our desired future. The future is inherently characterized by varying degrees of uncertainty, complexity and fluidity. Subjectivity within scenario development is hard to avoid and can lead to biased results.

It is possible to 'see through' the bias of subjectivity using dynamic decision analysis. Moreover, dynamic decision analysis can actually be more productive than a normal discussion / meeting as it is thought to accelerate idea generation, 'defuse' the process and removes the personalization of ideas. By applying a dynamic decision analysis technique we can produce a more objective and robust set of scenarios, assessing assumptions, risk and policy connectivity. This will help to produce an improved set of robust policies able to deal with future changes and reduce risk.

Fields of science (EuroSciVoc)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

IHP-STRATA-01-1
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

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Coordinator

QINETIQ LIMITED
EU contribution
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Address
85 Buckingham Gate
LONDON
United Kingdom

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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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Participants (2)

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