
Cooke's method
Cooke’s method is a way to combine multiple expert opinions or models to arrive at a more reliable overall estimate. It involves assigning a probability distribution to each expert’s input to reflect their confidence, then mathematically integrating these distributions to create a single, aggregated distribution. This process accounts for uncertainty and variability among experts, providing a transparent and rigorous way to quantify combined knowledge. Essentially, Cooke’s method helps synthesize diverse expert judgments into a comprehensive, probabilistic assessment that better captures the true uncertainty in the estimate.