An RSI Understanding Risk method
Decision science
Decision science is one of the methods used by Risk Sciences International to better understand risk.
Broadly
Decision science studies how choices are made under uncertainty, incorporating probability, trade-offs, and stakeholder values. In risk contexts, it helps structure complex decisions where consequences, likelihoods, and tolerances vary. Tools include decision trees, multi-criteria decision analysis, and utility modeling. Its strength lies in rational structure; its challenge lies in capturing the full nuance of real-world decision environments.
More specifically
RSI applies decision science to frame regulatory, operational, or policy choices within structured analytical frameworks. The firm helps clients clarify objectives, weigh trade-offs, and compare options under uncertainty. RSI embeds value-sensitive analysis into its Understanding Risk methods, ensuring that decision logic is transparent and adaptable to multiple perspectives. This supports consistent and defendable decision-making in complex environments.