search query: @author Howard, R. A. / total: 5
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| Author: | Howard, R. A. |
| Title: | Decision analysis : Practice and promise. |
| Journal: | Management Science
1988 : JUN, VOL. 34:6, p. 679-695 |
| Index terms: | DECISION ANALYSIS |
| Language: | eng |
| Abstract: | Decision analysis stands on foundation of hundreds of years of philosophical and practical thought about uncertainty and decision-making. The accomplishments and promise of the field are impressive, yet is has not become commonplace even in very important decisions. A central conceptual distinction is that between normative and descriptive views of decision-making. Discussed is a compromise. The main issues are: Strategy generation table; decision quality concepts; influence diagram; clarity test; direct and indirect values; generic risk attitude; spreadsheet, decision tree, influence diagram; intelligent decision systems. |
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