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OLS Field Name OLS Field Data
Main Title Making hard decisions : an introduction to decision analysis /
Author Clemen, Robert T.
Publisher Duxbury Press,
Year Published 1996
OCLC Number 33207512
ISBN 0534260349; 9780534260347
Subjects Decision making. ; Entscheidungsfindung.--(DE-588)4113446-1 ; Monte-Carlo-Simulation.--(DE-588)4240945-7 ; Sensitivitätsanalyse.--(DE-588)4129730-1 ; Statistische Entscheidungstheorie.--(DE-588)4077850-2 ; Prise de dcision. ; Prise de dcision (statistique)
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Publisher description
Library Call Number Additional Info Location Last
ESAM  HD30.23.C577 1996 Region 10 Library/Seattle,WA 07/17/1998
Edition 2nd ed.
Collation xxiv, 664 pages : illustrations ; 24 cm
Includes bibliographical references and indexes.
Contents Notes
1. Introduction to Decision Analysis -- Sect. 1. Modeling Decisions. 2. Elements of Decision Problems. 3. Structuring Decisions. 4. Making Choices. 5. Sensitivity Analysis. 6. Creativity and Decision Making -- Sect. 2. Modeling Uncertainty. 7. Probability Basics. 8. Subjective Probability. 9. Theoretical Probability Models. 10. Using Data. 11. Monte Carlo Simulation. 12. Value of Information -- Sect. 3. Modeling Preferences. 13. Risk Attitudes. 14. Utility Axioms, Paradoxes, and Implications. 15. Conflicting Objectives I: Fundamental Objectives and the Additive Utility Function. 16. Conflicting Objectives II: Multiattribute Utility Models with Interactions -- 17. Conclusion and Further Reading. Here's a straightforward book that teaches the fundamental ideas of decision analysis - without an overly technical explanation of the mathematics used in management science. This new Second Edition of Making Hard Decisions, by Robert T. Clemen, continues to provide readers with a thoroughly enjoyable, easy-to-understand text. The book emphasizes the practical application of decision analysis through interesting case studies and useful exercises that represent the broad range of fields and industries that benefit from systematic decision analysis. Making Hard Decisions also contains up-to-date coverage of modern computer applications. Special attention to the role of the computer in decision analysis, as well as descriptions of the many software packages available - like DPL, Excel, and Data - make this book a handy resource.