Decision Analysis and Behavioral Research by D Von Winterfeldt

Decision Analysis and Behavioral Research by D Von Winterfeldt

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Decision Analysis and Behavioral Research by D Von Winterfeldt

Decision analysis is a technology designed to help individuals and organizations make wise inferences and decisions. It synthesises ideas from economics, statistics, psychology, operations research, and other disciplines. A great deal of behavioural research is relevant to decision analysis; behavioural scientists have both suggested easy and natural ways to describe and quantify problems and shown the kind of errors to which unaided intuitive judgements can lead. This long-awaited book offers the4first integrative presentation of the principles of decision analysis in a behavioural context. The authors break new ground on a variety of technical topics (sensitivity analysis, the value-utility distinction, multistage inference, attitudes toward risk), and attempt to make intuitive sense out of what have been treated in the literature as endemic biases and other errors of human judgement. Those interested in artificial intelligence will find it the easiest presentation of hierarchical Bayesian inference available.
SKU Unavailable
ISBN 13 9780521273046
ISBN 10 0521273048
Title Decision Analysis and Behavioral Research
Author D Von Winterfeldt
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 1986-09-26
Number of pages 624
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.