An Appreciation of Decision Analysis in Management

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dc.creatorAnderson, Jock R.
dc.creatorHardaker, J. Brian
dc.date2017-04-01T13:59:57Z
dc.date.accessioned2026-07-09T02:56:27Z
dc.descriptionDecision analysis, the practice of Bernoullian decision theory and Bayesian statistics, is reviewed in relation to its application in management. Aspects of the scaling of beliefs (probabilities) and preferences (utilities) are discussed, focussing on practical problems. It is concluded that the solution of these difficulties may best be sought through more widespread analysis of real-world decisions.
dc.identifierdoi:10.22004/ag.econ.9649
dc.identifierhttps://ageconsearch.umn.edu/record/9649/files/40040170.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/9649
dc.identifier.urihttp://hdl.handle.net/123456789/523325
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/9649
dc.titleAn Appreciation of Decision Analysis in Management
dc.typeText

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