Advances in Decision Analysis: From Foundations to Applications by Ward Edwards
English | 23 July 2007 | ISBN: 0521863686, 0521682304 | 640 Pages | PDF | 5 MB
Decision analysis is a prescriptive theory that aids individuals or groups confronted with complex problems in a wide variety of contexts.
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.