On information value and decision analyses
(2024) In Structural Safety- Abstract
This paper addresses value of information, structural health information, and decision analyses in built environment engineering. Decision analyses are used for the joint optimization of information collection and the identification of physical measures for the management and enhancement of the expected utility of built environment systems. To these ends, this paper contains (1) principal descriptions of decision scenarios and the model basis in conjunction with the objective functions, embedded in (a) a summary of the historical background and (b) the origins of the methods of decision and value of information analyses, (2) an overview of methods for decision analyses highlighting solution strategies to handle comprehensiveness and... (More)
This paper addresses value of information, structural health information, and decision analyses in built environment engineering. Decision analyses are used for the joint optimization of information collection and the identification of physical measures for the management and enhancement of the expected utility of built environment systems. To these ends, this paper contains (1) principal descriptions of decision scenarios and the model basis in conjunction with the objective functions, embedded in (a) a summary of the historical background and (b) the origins of the methods of decision and value of information analyses, (2) an overview of methods for decision analyses highlighting solution strategies to handle comprehensiveness and computational challenges, (3) principal application areas and case studies, and (4) insights into recent advances. The main insights and an outreach to potential future research perspectives are summarised at the end of this paper.
(Less)
- author
- organization
- publishing date
- 2024
- type
- Contribution to journal
- publication status
- in press
- subject
- in
- Structural Safety
- article number
- 102481
- publisher
- Elsevier
- external identifiers
-
- scopus:85194180292
- ISSN
- 0167-4730
- DOI
- 10.1016/j.strusafe.2024.102481
- language
- English
- LU publication?
- yes
- additional info
- Publisher Copyright: © 2024 The Authors
- id
- b2f8aef1-41e3-4909-9f73-f42d2c5d01ca
- date added to LUP
- 2024-06-27 14:34:07
- date last changed
- 2024-08-12 10:03:42
@article{b2f8aef1-41e3-4909-9f73-f42d2c5d01ca, abstract = {{<p>This paper addresses value of information, structural health information, and decision analyses in built environment engineering. Decision analyses are used for the joint optimization of information collection and the identification of physical measures for the management and enhancement of the expected utility of built environment systems. To these ends, this paper contains (1) principal descriptions of decision scenarios and the model basis in conjunction with the objective functions, embedded in (a) a summary of the historical background and (b) the origins of the methods of decision and value of information analyses, (2) an overview of methods for decision analyses highlighting solution strategies to handle comprehensiveness and computational challenges, (3) principal application areas and case studies, and (4) insights into recent advances. The main insights and an outreach to potential future research perspectives are summarised at the end of this paper.</p>}}, author = {{Thöns, Sebastian and Caprani, Colin and Faber, Michael Havbro and Frangopol, Dan M. and Gardoni, Paolo and Giordano, Pier Francesco and Honfi, Daniel and Iannacone, Leandro and Khan, Mohammad Shihabuddin and Köhler, Jochen and Kim, Sunyong and de Koker, Nico and Limongelli, Maria Pina and Miraglia, Simona and Nielsen, Jannie Sønderkær and Pandey, Mahesh and Viljoen, Celeste}}, issn = {{0167-4730}}, language = {{eng}}, publisher = {{Elsevier}}, series = {{Structural Safety}}, title = {{On information value and decision analyses}}, url = {{http://dx.doi.org/10.1016/j.strusafe.2024.102481}}, doi = {{10.1016/j.strusafe.2024.102481}}, year = {{2024}}, }