Resources Repository
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ReviewPublication 1982Decision Analysis: An Overview
This article, written for the non-decision analyst, describes what decision analysis is, what it can …
This article, written for the non-decision analyst, describes what decision analysis is, what it can and cannot do, why one should care to do this, and how one does it. Keeney describes decision analysis as "a formalization of common sense for decision problems which are too complex for informal use of common sense." He provides a more technical definition also, describing decision analysis as "a philosophy, articulated by a set of logical axioms, and a methodology…
Decision Theory | Energy/Engineering | Science/Technology | Preferences/Values | Decision Analysis | Policy/Regulation | Business/Industry | Economics/Finance | Government/Law | Health/Medicine | Military/Defense -
ArticlePublication 2021Rational Policymaking during a Pandemic
Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and …
Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and its global impacts are unprecedented, decisions are taken in a highly uncertain, complex, and rapidly changing environment. In such a context, in which human lives and the economy are at stake, the authors argue that using ideas and constructs from modern decision theory, even informally, will make policymaking a more responsible and transparent process.
Decision Theory | Science/Technology | Priority Setting/Ethics | Infectious Diseases | Policy/Regulation | Government/Law | Health/Medicine | Global -
OrganizationWeb Portal 2024American Statistical Association (ASA)
The American Statistical Association (ASA) founded in 1839, is the world’s second-oldest, continuously operating professional association …
The American Statistical Association (ASA) founded in 1839, is the world’s second-oldest, continuously operating professional association in the country. The ASA has supported the development, application, and dissemination of statistical science through meetings, publications, membership services, accreditation, fellowships and grants, and advocacy. ASA provides educational materials for K–12 undergraduate and graduate faculty, statistics students, and statisticians in developing countries, including classroom resources, publications in statistics education, guidelines and reports, professional development resources, communities, competitions, programs, and resources…
Decision Theory | Science/Technology | Probability/Bayes | Evidence Synthesis | Business/Industry | Climate/Environment | Education/Labor | Food/Agriculture | Health/Medicine | Military/Defense | Global | North America -
OrganizationWeb Portal 2024International Society for Bayesian Analysis (ISBA)
The International Society for Bayesian Analysis (ISBA) was founded in 1992 to promote the development …
The International Society for Bayesian Analysis (ISBA) was founded in 1992 to promote the development and application of Bayesian analysis. By sponsoring and organizing meetings, publishing the electronic journal Bayesian Analysis, and other activities, ISBA provides an international community for those interested in Bayesian analysis and its applications, and includes interest sections on topics such as biostatistics/pharmaceuticals, computation, economics/finance/business, education research/practice, environmental sciences, industrial statistics, nonparametrics and objective Bayes. Bayesian Analysis is the electronic journal…
Decision Theory | Science/Technology | Probability/Bayes | Business/Industry | Climate/Environment | Education/Labor | Health/Medicine | Global -
ArticlePublication 2007Decision Analysis: A Personal Account of How It Got Started and Evolved
In this chapter, Howard Raiffa discusses the evolution of decision analysis and his personal involvement …
In this chapter, Howard Raiffa discusses the evolution of decision analysis and his personal involvement in its development. He describes the early days of Operations Research (OR) in the late 1940s with its approach to complex, strategic decision making. After reading John von Neumann and Oskar Morgenstern’s Theory of Games and Economic Behavior (1947) and Abraham Wald’s two books (1947, 1950), he became involved in statistical decision theory. A few years later, after reading Leonard…
Decision Theory | Energy/Engineering | Probability/Bayes | Preferences/Values | Decision Analysis | Operations Research | Business/Industry | Economics/Finance | Health/Medicine