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| Author: | Covaliu, Z. Oliver, R. |
| Title: | Representation and solution of decision problems using sequential decision diagrams |
| Journal: | Management Science
1995 : DEC, VOL. 41:12, p. 1860-1881 |
| Index terms: | MANAGEMENT DECISION TREES DECISION ANALYSIS |
| Language: | eng |
| Abstract: | In this paper, the authors introduce a new graph, the sequential decision diagram, to aid in modeling formulation and solution of sequential decision problems under uncertainty. While as compact as an influence diagram, the sequential diagram captures the asymmetric and sequential aspects of decision problems as effectively as decision trees. The authors show that a unified framework, consisting of a sequential diagram, an influence diagram , and a common formulation table for the problem's data suffices for compact and consistent representation and efficient solution of decision problems. |
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