Advances in Decision Analysis
From Foundations to Applications
Ward Edwards editor Ralph F Miles Jr, Jr editor Detlof von Winterfeldt editor
Format:Paperback
Publisher:Cambridge University Press
Published:30th Jul '07
Currently unavailable, and unfortunately no date known when it will be back
Decision analysts offer workable solutions in domains such as the environment, health and medicine, engineering and operations research, and public policy. This book reviews and extends material typically presented in introductory texts. It will be a valuable resource for academics and students in decision analysis, decision analysts and managers.Decision analysis is a prescriptive theory that aids individuals or groups confronted with complex problems in a wide variety of contexts. By framing issues, identifying risks, eliciting stakeholder preferences, and suggesting alternative approaches, decision analysts can offer workable solutions in domains such as the environment, health and medicine, engineering and operations research, and public policy. This book is a mixture of historical and forward-looking essays on key topics in decision analysis. Part I covers the history and foundations of decision analysis. Part II discusses structuring decision problems, including the development of objectives and their attributes, and influence diagrams. Part III discusses probabilities and their elicitation and Bayes nets. Part IV discusses additive and multiplicative utilities, risk preferences, and 'option pricing' methods. Part V discusses risk analysis. Part VI puts decision analysis in a behavioral and organizational context. Part VII presents case studies of applications.
ISBN: 9780521682305
Dimensions: 235mm x 155mm x 30mm
Weight: 870g
638 pages