Resources Repository
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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 | Decision Analysis | Business/Industry | Probability/Bayes | Preferences/Values | Operations Research | Economics/Finance | Energy/Engineering | Health/Medicine -
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 | Decision Analysis | Business/Industry | Preferences/Values | Policy/Regulation | Economics/Finance | Energy/Engineering | Government/Law | Health/Medicine | Military/Defense | Science/Technology -
ArticlePublication 2023Benefits and Costs of COVID-19 Vaccine Mandates
Written mid-pandemic, this article evaluates the direct costs and health benefits of requiring COVID-19 vaccinations …
Written mid-pandemic, this article evaluates the direct costs and health benefits of requiring COVID-19 vaccinations for U.S. federal employees and healthcare and private sector workers. These mandates were controversial and some were halted by litigation. If they had been implemented as intended, the net benefits would depend on the course of the pandemic. If a more transmissible variant (such as Omicron) emerges, the net benefits may be large. If the pandemic instead fades, the benefits…
Mathematical Models | Business/Industry | State-Transition | Benefit-Cost Analysis | Infectious Diseases | Policy/Regulation | Economics/Finance | Government/Law | Health/Medicine | North America -
Resource PackPublication, Teaching Resource 2020Resource Pack: Cost-Effectiveness of SSB Excise Taxes
The use of fiscal instruments, such as taxes or subsidies, to promote healthier dietary behavior …
The use of fiscal instruments, such as taxes or subsidies, to promote healthier dietary behavior has been of increasing interest in the last decade as the evidence-base builds for the health and economic consequences of obesity, overweight, and unhealthy eating. The motivation for using fiscal instruments in nutrition policy is to make the unhealthy option less affordable and less economically attractive by increasing the price via a tax, and therefore reduce the incentive to consume…
Mathematical Models | Business/Industry | Health Outcomes | Evidence Synthesis | Microsimulation | Cost-Effectiveness Analysis | Child/Nutrition | Chronic Disease/Risk | Policy/Regulation | Economics/Finance | Food/Agriculture | Government/Law | Health/Medicine | North America | Latin America & Caribbean | Europe | Oceania -
OrganizationWeb Portal 2024Society for Benefit-Cost Analysis
The Society for Benefit-Cost Analysis (SBCA), founded in 2007, works to improve the theory and …
The Society for Benefit-Cost Analysis (SBCA), founded in 2007, works to improve the theory and practice of benefit-cost analysis and support evidence-based policy decisions. It addresses policy areas including public health, transportation, criminal justice, education, energy, environmental quality, homeland security, and poverty. Members include scholars and practitioners from around the world, who work in government, academia, nonprofits and private industry. Its members represent numerous disciplines such as economics, law, engineering, public policy, decision science, and…
Costing Methods | Business/Industry | Preferences/Values | Priority Setting/Ethics | Benefit-Cost Analysis | Social Determinants | Environmental Health | Policy/Regulation | Climate/Environment | Economics/Finance | Energy/Engineering | Education/Labor | Food/Agriculture | Government/Law | Health/Medicine | Military/Defense | Science/Technology | Global | Critical Thinking/Analysis -
Lesson/ModuleVideo, Teaching Resource 2018Budget Impact Analysis
This video is intended to provide a framework for a budget impact analysis (BIA) which …
This video is intended to provide a framework for a budget impact analysis (BIA) which serves to estimate the cost to a payer of adopting a new intervention over a 1-3 year period and the tools necessary to determine if a BIA is appropriate to undertake. This video is part of the Conducting Cost-Effectiveness Analysis with VA Data (HCEA) free course offered by the U.S. Department of Veterans Affairs Health Services Research and Development group…
Costing Methods | Business/Industry | Health/Medicine | North America | College | Graduate | Doctoral | Critical Thinking/Analysis | Decision Making/Leadership | Quantitative Literacy -
Resource PortalWeb Portal, Teaching Resource 2024Decision Sciences Institute
The Decision Sciences Institute (DSI) was founded in 1968 as the American Institute for the …
The Decision Sciences Institute (DSI) was founded in 1968 as the American Institute for the Decision Sciences (renamed to the Decision Science Institute in 1986). DSI is an independent non-profit organization with a mission to enrich the discipline of decision sciences and improve educational programs and instruction in decision sciences. DSI conducts annual meetings at the national and the regional levels, and produces a monthly news publication called “Decision Line” as well as two journals,…
Decision Analysis | Business/Industry | Operations Research | Climate/Environment | Health/Medicine | Global | College | Graduate | Doctoral | Professional | Critical Thinking/Analysis | Quantitative Literacy -
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 | Business/Industry | Probability/Bayes | Evidence Synthesis | Climate/Environment | Education/Labor | Food/Agriculture | Health/Medicine | Military/Defense | Science/Technology | 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 | Business/Industry | Probability/Bayes | Climate/Environment | Education/Labor | Health/Medicine | Science/Technology | Global