search query: @author Dyer, J. / total: 4
reference: 4 / 4
« previous | next »
| Author: | Walls, M. Morahan, T. Dyer, J. |
| Title: | Decision analysis of exploration opportunities in the onshore US at Phillips Petroleum Company |
| Journal: | Interfaces
1995 : NOV-DEC, VOL. 25:6, p. 39-56 |
| Index terms: | DECISION ANALYSIS SOFTWARE RISK |
| Language: | eng |
| Abstract: | Petroleum exploration managers must allocate scarce resources across a set of risky and uncertain investment alternatives. The authors developed a decision analysis software package, DISCOVERY, that provided an exploration division of Phillips Petroleum Company an alternative means of evaluating a mix of risky investments and selecting participation levels consistent with the firm's risk propensity. Managers at Phillips use the software to evaluate projects with a consistent risk-taking policy, rank projects in terms of overall preference. |
« previous | next »
SCIMA