Elements in uncertainty analysis | Potential contribution of this approach |
---|---|
Identifying uncertainties | Not applicable |
Characterising uncertainties | Yes. For each source, uncertainty is expressed as a probability distribution. Where there is dependence between uncertainties about two or more parameters, the joint uncertainty is expressed using a multivariate probability distribution |
Combining uncertainties | Not applicable. However, the results of EKE and/or Bayesian inferences for multiple uncertainties may be combined using the mathematics of probability. This is seen by some as being part of an overarching Bayesian approach to uncertainty |
Prioritising uncertainties | Not applicable. However, there exist methods of sensitivity analysis which are proposed from a Bayesian perspective and which are seen by some as being particularly appropriate for use in conjunction with Bayesian inference |