Advances in Decision Analysis (Paperback)

Ward Edwards

ISBN 10: 0521682304 / ISBN 13: 9780521682305

Published by Cambridge University Press, Cambridge, 2007

About this Item

Paperback. 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. Decision analysts offer workable solutions in domains such as the environment, health and medicine, engineering and operations research, and public policy. This book reviews and extends material typically presented in introductory texts. It will be a valuable resource for academics and students in decision analysis, decision analysts and managers. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

Seller Inventory # 9780521682305

Bibliographic Details

• Title: Advances in Decision Analysis (Paperback)
• Publisher: Cambridge University Press, Cambridge
• Publication Date: 2007
• Language: English
• ISBN 10: 0521682304
• ISBN 13: 9780521682305
• Binding: Paperback
• Edition: 1st Edition
• Condition: new

About this title

Synopsis

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 reviews and extends the material typically presented in introductory texts. Not a single book covers the broad scope of decision analysis at this advanced level. It will be a valuable resource for academics and students in decision analysis as well as decision analysts and managers

About the Authors

Ward Edwards (1927-2005) received his Ph.D. in Psychology from Harvard University. He was the recipient of many awards including the Frank P. Ramsey Award from the Decision Analysis Society of INFORMS in 1988 and the Distinguished Scientific Contributions Award in Applied Psychology from the American Psychological Association in 1996. He wrote more than one hundred journal articles and books including Decision Analysis and Behavioral Research and Utility Theories: Measurement and Applications.

Ralph F. Miles, Jr., received his Ph.D. in Physics from the California Institute of Technology and is a consultant in risk and decision analysis. He was the editor and coauthor of Systems Concepts and has written many articles. Until 1991, he worked as an engineer, supervisor, and manager in the Jet Propulsion Laboratory at the California Institute of Technology.

Detlof von Winterfeldt is Professor and Deputy Dean of the School of Policy, Planning, and Development at the University of Southern California. He is also Director of the Homeland Security Center for Risk and Economic Analysis of Terrorist Events at USC. He received his Ph.D. in Psychology from the University of Michigan. He cowrote Decision Analysis and Behavioral Research with Ward Edwards.