Advances in Decision Analysis: From Foundations to Applications

doi:10.1017/CBO9780511611308

Advances in Decision Analysis

From Foundations to Applications

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Cited by 117
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Edited by Ward Edwards, Ralph F. Miles Jr., California Institute of Technology, Detlof von Winterfeldt, University of Southern California

Publisher:: Cambridge University Press
Online publication date:: June 2012
Print publication year:: 2007
Online ISBN:: 9780511611308
DOI:: https://doi.org/10.1017/CBO9780511611308

Subjects:: Organisation Studies, Applied Psychology, Psychology, Management

43.99 (GBP)

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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.

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Advances in Decision Analysis

From Foundations to Applications

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