Construct · 1 fields · 1 citations

epistemic versus aleatory uncertainty: a standalone construct

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epistemic versusaleatory uncertainty1 CONSTRUCTEpistemic versusTANNENBAUM · JUDGMENT AND

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Judgment and decision making

the distinction between uncertainty seen as knowable but unknown and uncertainty seen as inherently random, which changes how extreme people's judgments are.

In judgment and decision making, epistemic versus aleatory uncertainty refers to the distinction between uncertainty seen as knowable but unknown and uncertainty seen as inherently random, which changes how extreme people's judgments are. This meaning comes from Tannenbaum (2017) in Management Science.[1]

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Nearby constructs

judgment2 fields · 4 citationsjingle · one word, two constructsuncertainty3 fields · 3 citationsjingle · one word, three constructs

References

  1. Tannenbaum, D., Fox, C. R., & Ülkümen, G. (2017). Judgment Extremity and Accuracy Under Epistemic vs. Aleatory Uncertainty. Management Science, 63(2), 497-518. https://doi.org/10.1287/mnsc.2015.2344

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