Been fooled by … robustness, lately?

G’day:

This blog provides supplementary material for, and commentary on, the book entitled Fooled by Robustness: a perspective from the land of the Black Swan that I plan to publish in 2012.

In this book I show and illustrate that risk analysts/scholars can be easily fooled by … robustness against severe uncertainty.

The book provides a gentle, comprehensive introduction to the conceptual and modeling aspects of robust decision-making in the face of severe uncertainty. It features a case study consisting of a comprehensive critique of info-gap decision theory and includes discussions on the role of peer-reviewed journals in sustaining the fooled by robustness phenomenon.

I wish you a very pleasant and stimulating visit to the site!

Cheers!
Moshe
The Land of the Black Swan and No Worries!

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