Interesting article from Scientific American by Steven W. Popper, Robert J. Lempert and Steven C. Bankes:
The three of us–an economist, a physicist and a computer scientist all working in RAND’s Pardee Center–have been fundamentally rethinking the role of analysis. We have constructed rigorous, systematic methods for dealing with deep uncertainty. The basic idea is to liberate ourselves from the need for precise prediction by using the computer to help frame strategies that work well over a very wide range of plausible futures. Rather than seeking to eliminate uncertainty, we highlight it and then find ways to manage it. Already companies such as Volvo have used our techniques to plan corporate strategy.