How to Make Better Decisions. Examples from Exploration

Language: English

Published by GRIN Verlag, GRIN Verlag Dez 2021, 2021

3346545989 / 9783346545985

  • Softcover
  • New
See all details

Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

5-star seller

AbeBooks seller since August 14, 2006

View this seller's items
Softcover

Condition: New

US$ 21.06

US$ 68.64 shipping 
Ships from Germany to U.S.A.

Quantity: 1 available

Add to basket
Free 30-day returns

Item description from seller

Neuware - Scientific Essay from the year 2014 in the subject Psychology - Industrial and organizational psychology, grade: A, , language: English, abstract: Good decision-making creates value for a company. The decision to drill in the right place (or not) has strong economic repercussions. Moreover, the human approach to decision-making can be flawed. Many of the common flaws in decision-making are related to heuristic factors; that is, by human ways of thinking and drawing conclusions. These factors can negatively impact the outcomes of an exploration program. This paper gives examples of cases in which geoscientific reasoning can lead to pitfalls, and explores why this is so. The paper then discusses the merits of the multiple working hypotheses (MWH) concept as an aid to harnessing seemingly contradictory data relating to several, often mutually exclusive, interpretations or scenarios. A simple method using a spreadsheet and decision-tree analysis is proposed to quantify the outcomes of multiple scenarios. The method is illustrated by a subsurface example in which two possible interpretations, reef versus volcano, are considered. An outlook of Bayesian statistics and other methods is included.…

Seller Inventory # 9783346545985

Title
How to Make Better Decisions. Examples from Exploration
Author
Bernhard Seubert
Publisher
GRIN Verlag, GRIN Verlag Dez 2021
Publication year
2021
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3346545989
ISBN 13
9783346545985
Item weight
51 grams
Dimensions
210x148x3 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item30 to 40 business days7 to 14 business days
First itemUS$ 68.64US$ 80.03
Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.

Payment methods

  • Visa
  • Mastercard
  • American Express
  • Apple Pay
  • Google Pay
  • Bank Wire Transfer
  • Check
  • Paypal

Store description

Das Unternehmen AHA-BUCH GmbH: Seit der Gründung von AHA-BUCH im Juli 2005 ist unser Hauptziel, zufriedenen Kunden so schnell und so preisgünstig wie möglich ihren Bücherwunsch zu erfüllen. Unsere Firma beschäftigt 16 Mitarbeiter, die nur ein Ziel kennen: den Kunden und seine Wünsche! Auf über 3700 m2 Fläche haben wir über 100.000 Bücher, Modernes Antiquariat und Spiele auf Lager.

Specialty

Kinderbücher & Kinderhör Casetten, German Books, Software, Natur & Tiere, Ratgeber, Sachbücher, Englische Bücher, Medizin & Gesundheit, Universität & Studium

Seller's business information

AHA-BUCH GmbH

Garlebsen 48
Einbeck, Germany 37574