How to Treat Expert Judgment? With certainty it contains uncertainty!
Abstract
To be acceptably safe one must identify the risks one is exposed to. It is uncertain whether the threat really will materialize, but determining the size and probability of the risk is also full of uncertainty. When performing an analysis and preparing for decision making under uncertainty, quite frequently failure rate data, information on consequence severity or on a probability value, yes, even on the possibility an event can or cannot occur is lacking. In those cases, the only way to proceed is to revert to expert judgment. Even in case historical data are available, but one should like to know whether these data still hold in the current situation, an expert can be asked about their reliability. Anyhow, expert elicitation comes with an uncertainty depending on the expert’s reliability, which becomes very visible when two or more experts give different answers or even conflicting ones. This is not a new problem, and very bright minds have thought how to tackle it. But so far, however, the topic has not been given much attention in process safety and risk assessment. The paper has a review character and will present various approaches with detailed explanation and examples.
Description
PresentationSubject
expert elicitationCollections
Citation
Pasman, Hans J.; Rogers, William J. (2019). How to Treat Expert Judgment? With certainty it contains uncertainty!. Mary Kay O'Connor Process Safety Center; Texas &M University. Libraries. Available electronically from https : / /hdl .handle .net /1969 .1 /193411.