Category Archives: Uncertainty

Postdoctoral Fellow Position in Infrastructure Asset Management

An exciting opportunity has arisen for a postdoctoral fellow (PDF) position within the Risk-Informed Lifecycle Infrastructure Engineering (RILCIE) research group led by Prof. Arnold Yuan at the Department of Civil Engineering, Ryerson University. We are looking for an enthusiastic, highly … Continue reading

Posted in Decision Making, Infrastructure Management, News, Public Infrastructure, Risk & Reliability, Uncertainty | Comments Off on Postdoctoral Fellow Position in Infrastructure Asset Management

CV8107 Infrastructure Asset Management

Dr. Arnold Yuan is going to offer a new graduate course titled ‘Infrastructure Asset Management’ in Fall 2015.  The course materials will be delivered on the new learning and teaching system D2L, instead of Blackboard, which is being phased out … Continue reading

Posted in Decision Making, Infrastructure Management, News, Public Infrastructure, Uncertainty | Tagged , , | Leave a comment

Book Review: The Failure of Risk Management

Douglas W. Hubbard, The failure of risk management: why it’s broken and how to fix it. Hoboken, N.J. : Wiley, c2009.  Ryerson Library Call Number:  HD61 .H76 2009, 7th Floor. In June 2012 I attended for the first time the annual … Continue reading

Posted in Book Review, Risk & Reliability, Uncertainty | Leave a comment

Today’s Quote

Joseph Butler (1692-1752): Probability is the very guide of life. Arnold Yuan: Uncertainty is the very guide to research; where there’s uncertainty there is research.

Posted in Uncertainty | Leave a comment

Why Expected Value?

Decision making under uncertainty is a hard subject.  It is hard because there is no single criterion that is universally accepted by decision makers.  For example, when the probability of the ‘state’ of the world is hard to evaluate, a … Continue reading

Posted in Decision Making, Uncertainty | Leave a comment