Advances in decision analysis : from foundations to applications /

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Bibliographic Details
Imprint:Cambridge ; New York : Cambridge University Press, ©2007.
Description:1 online resource (xv, 623 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11813246
Hidden Bibliographic Details
Other authors / contributors:Edwards, Ward, 1927-2005.
Miles, Ralph F., 1933-
Von Winterfeldt, Detlof.
ISBN:9780511342776
0511342772
9780511341144
0511341148
9780511611308
0511611307
9780511342240
0511342241
9786611085353
6611085351
9780521863681
0521863686
9780521682305
0521682304
9780511341724
0511341725
1281085359
9781281085351
Notes:Includes bibliographical references and index.
Print version record.
Summary: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.
Other form:Print version: Advances in decision analysis. Cambridge ; New York : Cambridge University Press, ©2007 0521863686 9780521863681