- Published on
AOT-15-Forecasting
- Authors
- Name
- Valentin P
- @ValentinP43
- Acronyms used
- Par: Parameter
- Sc: Scenario
- P: Probability
1- Defining the event
- What is the scenario that you want to assess?
Main Scenario:
- Is the scenario precisely defined, in terms of metrics, timeline, terms definition?
- What is the timeline associated to the scenario?
- How do you define each terms of the question?
What metrics are associated to this scenario?
2- Breaking the big question
- What should be true to answer positively to the question?
2.1- Probability tree
- Are all your smaller events mutually exclusive and collectively exhaustive ?
- Is there some branches of the probability tree that you can exclude?
3- Influencing parameters
- What are the parameters that could potentially influence the event to happen? What is the weight of each parameters? How does the parameter affect the scenarios?
Par1
Par2
Par3
Par4
Par5
Par6
Par7
Par8
4- Study the precedence
- Is there similar situation that happened in the past?
- What was the result of those situations?
- How similar were those situations to the main scenario?
- What are the base rates associated to those events ?
5- Assign probability
- Based on the influencing parameters you identified and the different scenario, assign probabilities to each of the scenario.
- Instead of probability values could you assign a probability distribution to your events?
- Main Scenario
- P: %
- Sc1
- P: %
- Sc2
- P: %
- Sc3
- P: %
- Sc4
- P: %
- Sc5
- P: %
- Main Scenario
6- Metathinking
6.1- Debiasing
- [[AOT-03-Cognitive Bias]]
- Are you favouriting a personal point of view?
6.2- MetaProbability
- How confident are you about your knowledge of the subject?
7- Monitoring
- What information should you monitor to see if the situation is evolving?
- What changes would make the main scenario more likely to happen?
- What changes would make the main scenario less likely to happen?