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5 Partner Warehouse Business- Management

Making Hard Decisions : an Introduction To Decision Analysis (2ND 96 Edition)

by Robert T. Clemen

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Synopses & Reviews

Publisher Comments:

This best-selling and up-to-date survey of decision analysis concepts and techniques is accessible to students with limited mathematical backgrounds. It is designed for advanced undergraduate and MBA-level courses in decision analysis and also for business courses in introductory quantitative methods. (Prerequisites: college algebra; introductory statistics.) The book includes:
-- An emphasis on the practical application of decision analysis, with case studies and exercises from a broad range of applications from business, public policy, psychology, and environmental areas
-- An understandable introduction to contemporary spreadsheet and special purpose software used to solve decision-making problems
-- Material on creativity, sensitivity analysis, and risk analysis, in addition to coverage of both decision trees and influence diagrams
-- New material on value-focused thinking and multiattribute utility functions
-- Many case studies and problems throughout

Synopsis:

This best-selling and up-to-date survey of decision analysis concepts and techniques is accessible to students with limited mathematical backgrounds. It is designed for advanced undergraduate and MBA-level courses in decision analysis and also for business courses in introductory quantitative methods. (Prerequisites: college algebra; introductory statistics.)

Table of Contents

1. Introduction SECTION I - MODELING DECISIONS 2. Elements of Decision Problems 3. Structuring Decisions 4. Making Choices 5. Sensitivity Analysis 6. Creativity and Decision Structuring SECTION II - MODELING UNCERTAINTY 7. Probability Basics 8. Subjective Probability 9. Theoretical Probability Models 10. Using Data 11. Monte Carlo Simulation 12. Value of Information SECTION III - MODELING PREFERENCES 13. Risk Attitude 14. Utility Axioms, Paradoxes, and Implications 15. Conflicting Objectives I: Some Basic Techniques 16. Conflicting Objectives II: Multiattribute Utility Models 17. Conclusion and Further Reading Appendixes

Product Details

ISBN:
9780534260347
Subtitle:
An Introduction to Decision Analysis
Author:
Clemen, Robert T.
Publisher:
South-Western College Pub
Location:
Belmont, Calif. :
Subject:
Management
Subject:
Decision Making & Problem Solving
Subject:
Decision-making
Subject:
Management - General
Subject:
Statistics
Subject:
Dicision-Making & Problem Solving
Copyright:
Edition Number:
2nd ed.
Edition Description:
Includes bibliographical references and indexes.
Series:
Business Statistics
Series Volume:
0000
Publication Date:
19970815
Binding:
Hardback
Grade Level:
College/higher education:
Language:
English
Illustrations:
Yes
Pages:
696
Dimensions:
9.58x7.58x1.19 in. 2.62 lbs.

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