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Beating the Unknown

A Simplified Approach for Risk-Based Decision-Making

By Michael Kruse, Fabian Sempf, Evgeni Kochman
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Drawing from a recent project in the energy & utilities sector, Arthur D. Little presents a pragmatic approach based on the Monte Carlo method, which allows thorough evaluation of the risk in business cases. Using this approach, businesses can reduce their downside potential and maximize the outcomes of their decisions.

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