Decision Analysis: An Integrated Approach / Edition 1

Decision Analysis: An Integrated Approach / Edition 1

by Andrew Lang Golub
     
 

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ISBN-10: 047115511X

ISBN-13: 9780471155119

Pub. Date: 01/01/1997

Publisher: Wiley

Decision analysis integrates insights and techniques from economics, probability, and cognitive psychology for the purpose of making good decisions. This book presents practical advice for decision making in all these contexts. It offers step-by-step procedures for defining the problem, identifying objectives, identifying alternatives, forecasting each

Overview

Decision analysis integrates insights and techniques from economics, probability, and cognitive psychology for the purpose of making good decisions. This book presents practical advice for decision making in all these contexts. It offers step-by-step procedures for defining the problem, identifying objectives, identifying alternatives, forecasting each alternative's potential, comparing forecasts, and choosing the most favorable alternative. A student-friendly guide, it incorporates DPL decision support software and practical, balanced coverage.

Product Details

ISBN-13:
9780471155119
Publisher:
Wiley
Publication date:
01/01/1997
Pages:
256
Product dimensions:
6.00(w) x 9.00(h) x 0.56(d)

Table of Contents

The Context of Decision Making.

Problem Definition and Structuring.

Identifying Objectives and Creating a Value Tree.

Identifying Alternatives and Creativity.

Forecasting and Subjective Assessment.

Comparing Alternatives and Utility Theory.

Selection and Sensitivity Analysis.

Appendices.

Index.

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