Risk & uncertainty
From its inception, Analytica was designed to analyze risk and uncertainty — unlike spreadsheet applications which require special add-ins. Analytica’s fully integrated features for sensitivity analysis, scenario analysis and Monte Carlo simulation make it remarkably simple to treat risk and uncertainty in your models. Here are some examples of how organizations are using these methods.
Embrace risk & uncertainty
Risk and uncertainty are inevitable. Discover how best to mitigate risks and find robust decisions so that your clients can prosper under a wide range of possible futures.
Helping gas utilities reduce risk with RSE
Learn about the decision-support web application named ANAGRAM (Analytica for Natural Gas Risk Analysis and Management).
The value of knowing what you don’t know
Grasp how acknowledging uncertainties in models can boost decision-making and enhance model accuracy in this blog.
Are cows worse than cars for greenhouse gas?
Turns out that methane from farm animals generates more greenhouse gas emissions than cars, trucks, trains, and planes combined.
Using Analytica to model farm financial risk
Analytica provides the perfect platform for Agricultural Economists to explore the tradeoff between risk and profit at the farm level.
Controversy to consensus: offshore oil platforms
Offshore oil in California is highly controversial. But, Lumina’s decision model on decommissioning oil platforms led to consensus for “rigs to reefs”.
Analysis for finance & decision professionals
Watch Dan Zoppo's webinar on the powerful Least Squares Monte Carlo method for real options problems that can add value to a businesses.
Could humans lose control over advanced AI?
Researchers used Analytica's influence diagrams to map out arguments and scenarios exploring risks with artificial intelligence (AI).
Some Analytica customers
