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future_fabulators:formalised_decision_making [2014-02-11 07:54] nikfuture_fabulators:formalised_decision_making [2014-03-04 07:01] (current) maja
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 By Tim Boykett By Tim Boykett
  
-In the process of creating scenarios, forecasts and otherwise moving onwards, we are left with a problem of decision making. On this page we look briefly at some ideas and thoughts.+In the process of creating scenarios, forecasts and otherwise moving onwards, we are left with a problem of decision making and selecting a small amount of elements from larger clusters, for example in selecting two critical uncertainties in the 2x2 scenario matrix (see [[scenario methods]]). On this page we look briefly at some ideas and thoughts.
  
 Some language that we use here: Some language that we use here:
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 //(need to check the following calculations - done on paper in a shaky plane and then train!)// //(need to check the following calculations - done on paper in a shaky plane and then train!)//
  
-Some calculations show that the number of ways of doing this is $(n-1)! \sum\limits_{i=1}^{n-1} (1/i)$, where k! means the factorial of k. As the total number of permutations is n!, the proportion of permutations that have a 2-selection is $1/n \sum_(i=1)^(n-11/i$. This means that with 6 factors, the likelihood of having a 2-selection is around 5/12, less than 50%. The likelihoof of a 1-selection is 1/6, so there is around 7/12 chance of having  a 1 or 2 selection. For 14 factors, the likelihood goes down to one quarter.+Some calculations show that the number of ways of doing this is $(n-1)! \sum\limits_{i=1}^{n-1} (1/i)$, where k! means the factorial of k. As the total number of permutations is n!, the proportion of permutations that have a 2-selection is $1/n \sum_{i=1}^{n-11/i$. This means that with 6 factors, the likelihood of having a 2-selection is around 5/12, less than 50%. The likelihoof of a 1-selection is 1/6, so there is around 7/12 chance of having  a 1 or 2 selection. For 14 factors, the likelihood goes down to one quarter.
  
 To Do: work out the corect formula for counting 3-selections. These would be xxxnyyyYzzzZ where Y is the largest factor not in xxxn and Z is the largest factor not in xxxnyyyY. My current conjecture is: To Do: work out the corect formula for counting 3-selections. These would be xxxnyyyYzzzZ where Y is the largest factor not in xxxn and Z is the largest factor not in xxxnyyyY. My current conjecture is:
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