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Appendix E Integration of Data-Based Evidence and Expert Opinion in Decision Making
Pages 120-123

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From page 120...
... E Integration of Data-Based Evidence and Expert Opinion in Decision Making BAYESIAN UPDATING I n certain cases, it may be necessary to update research data with new findings and with stakeholder opinions (where stakeholders are de fined to be mission specialists, National Aeronautics and Space Administration [NASA] directors, managers, and flight surgeons)
From page 121...
... APPENDIX E 121 mary posterior" distribution from the summary prior distribution and summary likelihood; (8) choosing a utility function to incorporate costs and stakeholders' sensitivity to such costs; and (9)
From page 122...
... The expected loss functions allow the incorporation of research data and previous opinions of stakeholders by integrating utility functions for the optimal and observed decisions with respect to the summary posterior distributions (Berger, 1985: Lindley, 1985)
From page 123...
... Princeton, NJ: Princeton University Press. Berger JO.


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