Handbook of Decision Analysis

This handbook describes the philosophy, knowledge, science, and art of decision analysis. Key insights from decision analysis applications and behavioral decision analysis research are presented, and numerous decision analysis textbooks, technical books, and research papers for detailed mathematical proofs and advanced topics are referenced for thorough and comprehensive coverage. The handbook was written with four unique features in mind. First, the book has a balanced presentation of soft skills (behavioral decision making insights, decision framing, collaboration with stakeholders, infor

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Year of publication:	2013
Authors:	Parnell, Gregory S.
Other Persons:	Bresnick, Terry (contributor) ; Tani, Steven N. (contributor) ; Johnson, Eric R. (contributor)
Publisher:	New York : Wiley
Subject:	Entscheidung \| Decision \| Entscheidungstheorie \| Decision theory

Extent:	Online-Ressource (430 p)
Series:	Wiley Handbooks in Operations Research and Management Science Wiley Series in Operations Research and Management Science Ser ; v.4
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based upon print version of record Cover; Wiley Handbooks in OPERATIONS RESEARCH AND MANAGEMENT SCIENCE; Title page; Copyright page; Contents; List of Figures; List of Tables; Foreword; Preface; Acknowledgments; About the Authors; Acronyms; Chapter One: Introduction to Decision Analysis; 1.1 Introduction; 1.2 Decision Analysis Is a Socio-Technical Process; 1.3 Decision Analysis Applications; 1.3.1 Oil and Gas Decision Analysis Success Story: Chevron; 1.3.2 Pharmaceutical Decision Analysis Success Story: SmithKline Beecham; 1.3.3 Military Decision Analysis Success Stories; 1.4 Decision Analysis Practitioners and Professionals 1.4.1 Education and Training1.4.2 Decision Analysis Professional Organizations; 1.4.3 Problem Domain Professional Societies; 1.4.4 Professional Service; 1.5 Handbook Overview and Illustrative Examples; 1.5.1 Roughneck North American Strategy (RNAS) (by Eric R. Johnson); 1.5.2 Geneptin Personalized Medicine for Breast Cancer (by Sean Xinghua Hu); 1.5.3 Data Center Location and IT Portfolio (by Gregory S. Parnell and Terry A. Bresnick); 1.6 Summary; Key Terms; References; Chapter Two: Decision-Making Challenges; 2.1 Introduction; 2.2 Human Decision Making; 2.3 Decision-Making Challenges 2.4 Organizational Decision Processes2.4.1 Culture; 2.4.2 Impact of Stakeholders; 2.4.3 Decision Level (Strategic, Operational, and Tactical); 2.5 Credible Problem Domain Knowledge; 2.5.1 Dispersion of Knowledge; 2.5.2 Technical Knowledge: Essential for Credibility; 2.5.3 Business Knowledge: Essential for Success; 2.5.4 Role of Experts; 2.5.5 Limitations of Experts; 2.6 Behavioral Decision Analysis Insights; 2.6.1 Decision Traps and Barriers; 2.6.2 Cognitive Biases; 2.7 Two Anecdotes: Long-Term Success and a Temporary Success of Supporting the Human Decision-Making Process 2.8 Setting the Human Decision-Making Context for the Illustrative Example Problems2.8.1 Roughneck North American Strategy (by Eric R. Johnson); 2.8.2 Geneptin Personalized Medicine (by Sean Xinghua Hu); 2.8.3 Data Center Decision Problem (by Gregory S. Parnell); 2.9 Summary; Key Terms; References; Chapter Three: Foundations of Decision Analysis; 3.1 Introduction; 3.2 Brief History of the Foundations of Decision Analysis; 3.3 Five Rules: Theoretical Foundation of Decision Analysis; 3.4 Scope of Decision Analysis; 3.5 Taxonomy of Decision Analysis Practice; 3.5.1 Terminology 3.5.2 Taxonomy Division: Single or Multiple Objectives3.5.3 Single-Objective Decision Analysis; 3.5.4 Multiple-Objective Decision Analysis; 3.5.5 Taxonomy Division: Addressing Value Trade-Offs and Risk Preference Separately or Together?; 3.5.6 Taxonomy Division: Nonmonetary or Monetary Value Metric?; 3.5.7 Taxonomy Division: Degree of Simplicity in Multidimensional Value Function; 3.6 Value-Focused Thinking; 3.6.1 Four Major VFT Ideas; 3.6.2 The Benefits of VFT; 3.7 Summary; Key Terms; Acknowledgments; References; Chapter Four: Decision Analysis Soft Skills; 4.1 Introduction 4.2 Thinking Strategically Electronic reproduction; Available via World Wide Web
ISBN:	978-1-118-17313-8 ; 978-1-118-51584-6 ; 978-1-118-17313-8
Source:	ECONIS - Online Catalogue of the ZBW

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