decisionSupport
1.115Quantitative Support of Decision Making under Uncertainty
Overview
Supporting the quantitative analysis of binary welfare based decision making processes using Monte Carlo simulations. Decision support is given on two levels: (i) The actual decision level is to choose between two alternatives under probabilistic uncertainty. This package calculates the optimal decision based on maximizing expected welfare. (ii) The meta decision level is to allocate resources to reduce the uncertainty in the underlying decision problem, i.e to increase the current information to improve the actual decision making process. This problem is dealt with using the Value of Information Analysis. The Expected Value of Information for arbitrary prospective estimates can be calculated as well as Individual Expected Value of Perfect Information. The probabilistic calculations are done via Monte Carlo simulations. This Monte Carlo functionality can be used on its own.
Install
Health
- OK2026-06-0913 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE
- ERROR2026-06-0812 OK · 0 NOTE · 0 WARNING · 1 ERROR · 0 FAILURE
- OK2026-03-1014 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE
Documentation
- Examples that run
- 100%
- Documented parameters
- 94%
- Return-value docs
- 81%
- References docs
- 17%
Downloads
Dependencies
Nothing depends on this yet.
Code & Tests
People & History
19 releases. Pick two to compare their code metrics. R releases are shown for context.
- RR 4.6.0 released · 2026-04-24
- 1.115Latest
- RR 4.5.0 released · 2025-04-11
- RR 4.4.0 released · 2024-04-24
- 1.1142024-04-08 · diff ↗
- 1.1132023-10-06 · diff ↗
- RR 4.3.0 released · 2023-04-21
- 1.1112022-05-09 · diff ↗
- RR 4.2.0 released · 2022-04-22
- 1.1102022-02-18 · diff ↗
- 1.1092021-11-19 · diff ↗
- 1.1082021-10-17 · diff ↗
- 1.1072021-10-16 · diff ↗
- RR 4.1.0 released · 2021-05-18
- 1.1062021-03-01 · diff ↗
- 1.105.32020-05-12 · diff ↗
Show 15 earlier events
- RR 4.0.0 released · 2020-04-24
- 1.105.22019-10-16 · diff ↗
- RR 3.6.0 released · 2019-04-26
- 1.103.82018-10-15 · diff ↗
- 1.103.72018-05-16 · diff ↗
- RR 3.5.0 released · 2018-04-23
- 1.103.62017-11-28 · diff ↗
- 1.103.22017-11-27 · diff ↗
- 1.102.22017-11-13 · diff ↗
- 1.102.12017-10-06 · diff ↗
- RR 3.4.0 released · 2017-04-21
- RR 3.3.0 released · 2016-05-03
- 1.101.22016-04-26 · diff ↗
- 1.101.12015-05-20
- RR 3.2.0 released · 2015-04-16
Package metadata
- First published
- 2015-05-20
- Total releases
- 19 / 11 yrs
- License
- GPL-3 OSI
- Minimum R
- ≥ 3.1.3
- Download size
- 3.4 MB
- Installed size
- not tracked yet
- With dependencies
- not tracked yet