Decision Analysis for Management Judgement /

Goodwin, Paul,

Decision Analysis for Management Judgement / Paul Goodwin, George Wright ; with a foreword by Lawrence D. Phillips. - xvi, 308 pages ; 24 cm

Includes bibliographical references and index.

Decisions involving multiple objectives; introduction to probability; decision making under uncertainty; decision trees and influence diagrams; applying simulation to decision problems; revising judgements in the light of new information; the quality of human judgement - laboratory studies; the quality of human judgement - real world studies; probability assessment; decisions involving groups of individuals; resource allocation and negotiation problems; alternative decision support systems.

The ability to take decisions is at the top of most executives' list of attributes for success in management. In this book, the authors show how decision analysis can be applied so that decisions are made correctly. Numerous techniques are provided in a form usable by managers and administrators.

047192833X 9780471928331


Decision making.
Management--Decision making.

658.40354 / G.P.D.