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Books > Reference & Interdisciplinary > Communication studies > Decision theory
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Advances in Decision Analysis - From Foundations to Applications (Hardcover)
Loot Price: R2,929
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Advances in Decision Analysis - From Foundations to Applications (Hardcover)
Expected to ship within 18 - 22 working days
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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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