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Scenario Analysis and the Delphi Method

In: Modelling the Survival of Financial and Industrial Enterprises

Author

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  • Dimitris N. Chorafas

Abstract

Scenarios are developed and used for a multiplicity of reasons that range from the study of a financial environment to the behaviour of a system, or the aftermath of alternative courses of actions. Another use of scenarios is in connection to elicitation of systems specifications or model parameters. The nature of scenarios make them suitable to represent behaviour in a way allowing users of the same aggregate, but with different views, to provide different opinions which may be:

Suggested Citation

  • Dimitris N. Chorafas, 2002. "Scenario Analysis and the Delphi Method," Palgrave Macmillan Books, in: Modelling the Survival of Financial and Industrial Enterprises, chapter 7, pages 137-156, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50173-7_7
    DOI: 10.1057/9780230501737_7
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